
# About Marinetrans India Limited Incorporated in June 2004, Marinetrans India Limited offer our customers a comprehensive range of transport management and freight-related services. Our services encompass Freight Forwarding, including both sea freight and air freight. Additionally, we have established partnerships with various intermediaries to provide ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking of items. These additional services enable us to provide end-to-end solutions and other value-added services that cater to **** our customers’ diverse needs. The Company initially started as a freight forwarder, then went to Door-to-Door Delivery and 3PL services for the logistics industry via informal arrangement with the third-party service providers. The primary objective is to ensure the safe transportation and delivery of goods from start to finish. They achieve this by leveraging their expertise to identify and recommend the optimal solution for each client’s specific business environment. Their dedicated team of skilled shipping and customs specialists works diligently to provide clients with customized solutions at affordable rates. Strengthening customer relationships and consistently delivering quality products, services, and solutions are at the core of our mission. Marinetrans India Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives 1. Funding of working capital requirements of the Company. 2. General Corporate Expenses 3. Issue Expenses ### Here are key details about the Marinetrans India Limited: Company Name| **Marinetrans India Limited Limited**| | Marinetrans India Limited IPO Opening Date| **November 30, 2023** ---|---|---|---|--- Company Established On|**2004**Marinetrans India Limited IPO Price band|**₹26 per share** ###
Bidding starts for all investor categories
Last day to place your bid
Share allotment finalised
Refunds credited for non-allottees
Allotted shares credited to demat account
Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail / Individual | 1 | 4000 | ₹104,000 | 1 | ₹104,000 | 1 lot only |
| HNI | 2 | 8000 | ₹208,000 | 2 | ₹208,000 | Min 2 lots |
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 2,100,000 | 5.46 | 0 | 0.00x | 100% |
| NII | 15% | 630,000 | 1.64 | 0 | 0.00x | 100% |
| Retail | 35% | 1,470,000 | 3.82 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).