Listed Price₹30.00
Listing Gain+15.38%
Price Band₹26
Lot Size4,000 shares
Min Bid₹1,04,000
Subscription32.69x
Listed Market Snapshot
₹30.00Listed price from market data
+15.38%listing gain
Issue Amount
₹10.92 Cr
Listed Price
₹30.00
Current Price
₹14.1
Registrar
Skyline Financial Services Private Limited
Timeline•Fixed Price Issue IPO
Open30 Nov 2023
Close05 Dec 2023
Allotment06 Dec 2023
Listing08 Dec 2023
Quota Reservation Portions
RetailPortion: 19,92,000 shares
47.43%Nii(hni)Portion: 19,92,000 shares
47.43%Market MakerPortion: 2,16,000 shares
5.14%Minimum Application Bracket Matrix
Retail1 lots / 4,000 shares
₹1,04,000HNI2 lots / 8,000 shares
₹2,08,000About the Company
Incorporated in June 2004, Marinetrans is a sea freight forwarding company that has expanded into Door-to-Door Delivery and 3PL services through third-party partners. Headquartered in Navi Mumbai with a branch in Ahmedabad, the company provides transport management and freight services across both sea and air routes and mainly operates through major Indian ports like JNPT (Nhava Sheva), Mundra, Kandla, Chennai, and Vizag to ship cargo worldwide. Marinetrans handles end-to-end coordination including booking confirmation, selecting shipping lines, stuffing, transportation within the dock area, and communication between the customer and the shipping line until final delivery, while it does not directly operate any ports.
Company Promoters
Mr Tirah Kumar Babu Kotian Mr. Arunkumar Narayan Hegde.
Lead Managers
Registrar
Skyline Financial Services Private Limited