Marinetrans India (NSE SME)
November 30, 2023 – December 5, 2023
| Price | ₹26 - ₹26 |
| Premium | ₹3 |
|---|---|
| Lot size | 4000 |
| Allotment | Dec 6, 2023 |
| Listing | Dec 8, 2023 |
Marinetrans India Limited
801/802, 8th Floor, Vindhya Commercial Complex
Plot No. 1, Sector 11, CBD Belapur
Navi Mumbai, Thane - 400614
Phone: +91-7777045320
Email: compliance@marinetrans.in
Website: https://marinetrans.in/
Last updated on 05-Dec-2023 17:57:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 1992000 | 36176000 | 18.16 |
| RETAIL | 1992000 | 94072000 | 47.22 |
| Total | 3984000 | 130248000 | 32.69 |
| Retail Apps | 23518 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 4000 | 104000 | 498 |
| HNI | 2 | 8000 | 208000 | 498 |
Incorporated in June 2004, Marinetrans is engaged in the business of sea freight forwarding. The company began as a freight forwarder and later expanded to offer Door-to-Door Delivery and 3PL services for the logistics industry through informal agreements with third-party service providers. The company provides a wide range of transport management and freight-related services to its customers, including Freight Forwarding, which covers both sea and air freight.
The company is headquartered in Navi Mumbai, Maharashtra, and has a branch in Ahmedabad, Gujarat. It primarily operates through JNPT, Nhava Sheva, Mundra, Kandla, Chennai, Vizag, and other locations in India to transport cargo across the world.
The Company's primary responsibility is to obtain and confirm the Sales Booking Request, confirm the Shipping Line, ensure direct customer transport, stuffing, and transportation within the dock area. The Company acts as a point of contact between the Shipping Line and the customer and coordinates with them until the delivery of the goods. It's important to note that the Company doesn't operate through ports directly.
Marinetrans India IPO Details
| Issue Size | 4,200,000 shares (aggregating up to ₹10.92 Cr) |
| Fresh Issue | 4,200,000 shares (aggregating up to ₹10.92 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,526,000 |
| Share holding post issue | 12,726,000 |
| Market Maker portion | 216,000 shares Nnm Securities |
Marinetrans India IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net issue |
| Other Shares Offered | 50% of the Net issue |
Marinetrans India IPO Lead Manager(s)
Swaraj shares and securities private limited
Company Financials
Marinetrans India Limited Financial Information (Restated Consolidated)
Marinetrans India Limited's revenue decreased by -26.03% and profit after tax (PAT) dropped by -17.94% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | May 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
| Assets | 2,615.36 | 2,618.58 | 2,305.89 | 2,204.06 |
| Revenue | 1,384.38 | 15,036.84 | 20,327.23 | 9,613.13 |
| Profit | 13.91 | 152.83 | 186.24 | 79.78 |
| Net Worth | 1,617.96 | 1,604.04 | 1,451.22 | 1,255.94 |
| Reserves | ||||
| Borrowing | 603.68 | 557.98 | 252.75 | 212.38 |
| Amount in ₹ Lakhs | ||||