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MARINETRANSME / NSEListed
Marinetrans India

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.

₹26 - ₹2632.69x sub
Listed Price₹30.00
Listing Gain+15.38%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open30 Nov 2023
Close05 Dec 2023
Allotment06 Dec 2023
Listing08 Dec 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail19,92,000 shares
47.43%
Nii(hni)19,92,000 shares
47.43%
Market Maker2,16,000 shares
5.14%

Minimum Application Lots

Retail1 Lot (4,000 shares)
₹1,04,000
HNI2 Lots (8,000 shares)
₹2,08,000

Company Promoters

Mr Tirah Kumar Babu Kotian Mr. Arunkumar Narayan Hegde.

Company Background

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 p...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (May 2023)₹1384.38 Cr
Growth-85.6%
Revenue Trend (₹ in Crores)
0.07.8k15.6k23.4kMar 2021Mar 2022 Mar 2023 May 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
May 20231,384.3813.912,615.36603.68
Mar 2023 15,036.84152.832,618.58557.98
Mar 2022 20,327.23186.242,305.89252.75
Mar 20219,613.1379.782,204.06212.38

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values1.7910.00%11.29%14.5339.39

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: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
06 Dec 2023
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
08 Dec 2023

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Marinetrans India. 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 Finalization06 Dec 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Dec 2023Trading commences on exchange

How to Check Marinetrans India Allotment Online

1Open Portal

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

2Select Company

Select Marinetrans India 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 Marinetrans India IPO

Complete issue overview for Marinetrans India (MARINETRAN) IPO. The issue features an equity share price band of ₹26 per share with a minimum retail lot size of 4000 Shares (minimum application amount of ₹1,04,000). 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