| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹10.92 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹10.92 Cr |
| Fresh Issue | ₹10.36 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน26.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | MARINETRAN |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Swaraj shares & securities... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares and in multiples thereof
Incorporated in 2004, Marinetrans India Limited provides transport management and freight-related services.
The company initially started as a freight forwarder and then moved into door-to-door delivery and 3PL services for the logistics industry through informal arrangements with third-party providers.
Marinetrans provides freight transportation services that include both sea and air freight services. The company has also partnered with various intermediaries to provide additional services such as transportation, multimodal transport, project cargo handling, third-party logistics, packing, loading/unloading, and unpacking of items.
Marinetrans is responsible for obtaining and confirming the booking order, confirming the shipping line, securing direct customer transportation, stowing and securing the shipment at the port, and coordinating with the customer until the goods are delivered.
The company is headquartered in Navi Mumbai, Maharashtra, and has branches in Ahmedabad, Gujarat.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 7.88 |
| 2 | General Corporate Expenses | 2.46 |
| Period Ended | 31 May 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 26.15 | 26.19 | 23.06 | 22.04 |
| Total Income | 13.84 | 150.37 | 203.27 | 96.13 |
| Profit After Tax | 0.14 | 1.53 | 1.86 | 0.80 |
| NET Worth | 16.18 | 16.04 | 14.51 | 12.56 |
| Total Borrowing | 6.04 | 5.58 | 2.53 | 2.12 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 10.00% |
| ROCE | 11.29% |
| Debt / Equity | 0.35% |
| RoNW | 9.53% |
| PAT Margin | 1.02% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 1.79 | |
| P/E (x) | 14.53 | 39.39 |
| Promoter Holding | 100.00% | |
| Market Cap | โน33.09 Cr. | |