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Marinetrans India Limited

Marinetrans India Limited

smelisted
Registrar: Skyline Financial Services Private Ltd · Listing 2023-12-08
IPO Timeline
Today · 20 Oct 2026
Opens
30 Nov 2023
Closes
05 Dec 2023
Allotment
02 Dec 2023
Refund
08 Dec 2023
Demat
07 Dec 2023
Listing
08 Dec 2023
Price Band
₹26–26
GMP
₹0
0%
Lot Size
4000 Shares
Min ₹104,000
Subscription
0x
Issue Size
₹10.92 Cr
Open
2023-11-30
Close
2023-12-05
Listing
2023-12-08

About the company

# 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** ###

Strengths

    Risks

      Financial performance (₹ Cr)

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 08 Dec 2023
      Listed 1047 days ago
      1. IPO Opens

        Completed
        30 Nov 2023

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        05 Dec 2023

        Last day to place your bid

      3. Basis of Allotment

        Completed
        02 Dec 2023

        Share allotment finalised

      4. Refund Initiation

        Completed
        08 Dec 2023

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        07 Dec 2023

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        08 Dec 2023

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      4000 shares
      Price / Share (upper)
      ₹26
      Min Investment (1 lot)
      ₹104,000
      Price Band
      ₹26–26
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      4000
      Min amount
      ₹104,000
      Max amount
      ₹104,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      8000
      Min amount
      ₹208,000
      Max amount
      ₹208,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹5.46 Cr
      Shares offered
      2,100,000
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹1.64 Cr
      Shares offered
      630,000
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹3.82 Cr
      Shares offered
      1,470,000
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).