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ABSMARINESME / NSEListed
ABS Marine Services

Founded in October 1992, ABS Marine Services Limited is a leading maritime company specializing in offshore and harbour vessel management. With a fleet of five vessels, including modern offshore vessels for the oil & gas sector and harbour vessels for Indian ports, the company provides a wide range of services across four key divisions: Ship Ownership, Ship Management, Marine Services, and Port Services. ABS Marine manages a total of 12 vessels for various clients and offers crew management services for an additional 24 vessels, ensuring smooth and efficient operations. Their state-of-the-art vessels, including DP-2 multipurpose offshore supply vessels and marine research vessels, enable them to meet diverse industry needs. With offices in Mumbai, Chennai, Cochin, and Kakinada, and a dedicated team of 40+ in-house professionals, ABS Marine Services is committed to delivering high-quality maritime solutions while maintaining its strong industry presence.

₹140 - ₹147143.09x sub
Listed Price₹294.00
Listing Gain+100.00%

IPO Schedule & Timeline

Book Built Issue IPO
Open10 May 2024
Close15 May 2024
Allotment16 May 2024
Listing21 May 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail21,49,000 shares
32.8%
Nii (hni)9,22,000 shares
14.08%
Anchor18,41,000 shares
28.11%
QIB12,28,000 shares
18.75%
Market Maker4,10,000 shares
6.26%

Minimum Application Lots

Retail1 Lot (1,000 shares)
₹1,47,000
HNI2 Lots (2,000 shares)
₹2,94,000

Company Promoters

Capt. P B NarayananShreelatha NarayananArathi NarayananCapt. Jeevan Krishnan Sanjeevan

Company Background

Founded in October 1992, ABS Marine Services Limited is a leading maritime company specializing in offshore and harbour vessel management. With a fleet of five vessels, including modern offshore vessels for the oil & gas sector and harbour vessels for Indian ports, the company provides a wide range of services across four key divisions: Ship Ownership, Ship ...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹13801.89 Cr
Growth+66.6%
Revenue Trend (₹ in Crores)
0.05.3k10.6k15.9kMar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2413,801.892,355.4118,480.994,567.96
Mar-2311,380.78952.7417,552.504,866.29
Mar-228,283.98809.4316,663.286,114.77

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2413.090%18.67%2.2611.23
Mar-235.290%11.66%00
Mar-224.500%9.80%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Purva Sharegistry India Private Limited

Allotment Finalized
Allotment Date
16 May 2024
Official Status
Out / Finalized
Registrar
Purva Sharegistry India Private Limited
Listing Date
21 May 2024

Official Allotment Verification Links

Official Registrar Portal
Purva Sharegistry India Private Limited

Direct allotment verification on the official registrar portal appointed for ABS Marine Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization16 May 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date21 May 2024Trading commences on exchange

How to Check ABS Marine Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select ABS Marine Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About ABS Marine Services IPO

Complete issue overview for ABS Marine Services (ABSMARINE) IPO. The issue features an equity share price band of ₹140 – ₹147 per share with a minimum retail lot size of 1000 Shares (minimum application amount of ₹1,47,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions