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MARKOLINESSME / BSEListed

Markolines Traffic Controls Limited

Incorporated in 2002, Markolines Traffic Controls Limited (NPST) provides highway operations and maintenance services across India. Its operations cover toll management, route patrolling, incident management, routine and preventive maintenance, major repairs, and specialized services like microsurfacing, base stabilization, and cold in-place recycling. Since inception, the company has executed over 90 O&M projects and, as of August 2021, manages around 285.71 km of major maintenance and 943.31 km of toll, routine maintenance, and patrolling projects on national highways, with major maintenance accounting for over 80% of its revenue.

₹78 - ₹78Open
Listed Price62.20
Listing Gain-20.26%
TimelineFixed Price IPO
Open15 Sep 2021
Close20 Sep 2021
Allotment23 Sep 2021
Listing28 Sep 2021

Quota Reservation Portions

Market MakerPortion: 2,57,600 shares
5.02%
Nii (hni)Portion: 24,35,200 shares
47.49%
RetailPortion: 24,35,200 shares
47.49%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,24,800
HNI2 lots / 3,200 shares
₹2,49,600

About the Company

Incorporated in 2002, Markolines Traffic Controls Limited (NPST) provides highway operations and maintenance services across India. Its operations cover toll management, route patrolling, incident management, routine and preventive maintenance, major repairs, and specialized services like microsurfacing, base stabilization, and cold in-place recycling. Since inception, the company has executed over 90 O&M projects and, as of August 2021, manages around 285.71 km of major maintenance and 943.31 km of toll, routine maintenance, and patrolling projects on national highways, with major maintenance accounting for over 80% of its revenue.

Company Promoters

Mr. Sanjay Bhanudas PatilMr. Karan Atul Bora