ABS Marine Services Limited
ListedSMEEmerging SME Services · NSE
Founded in October 1992, ABS Marine Services Limited is a leading maritime company specializing in offshore and harbour vessel management. With a fleet of five vessels, including modern offshore vessels for the oil & gas sector and harbour vessels for Indian ports, the company provides a wide range of services across four key divisions: Ship Ownership, Ship Management, Marine Services, and Port Services. ABS Marine manages a total of 12 vessels for various clients and offers crew management services for an additional 24 vessels, ensuring smooth and efficient operations. Their state-of-the-art vessels, including DP-2 multipurpose offshore supply vessels and marine research vessels, enable them to meet diverse industry needs. With offices in Mumbai, Chennai, Cochin, and Kakinada, and a dedicated team of 40+ in-house professionals, ABS Marine Services is committed to delivering high-quality maritime solutions while maintaining its strong industry presence.
Price Band
₹140 – ₹147
Issue Size
₹96.29 Cr
Lot Size
1000 shares
GMP
₹115
+78.2%
Est. Listing
₹262
at current GMP
Subscribed
143.09x
overall
Open
10 May 2024
Close
15 May 2024
Allotment
16 May 2024
Refund
17 May 2024
Demat Credit
18 May 2024
Listing
21 May 2024
Last updated 12 days ago
Official Registrar Verification
ABS Marine Services Limited Allotment Status
Designated Registrar: Purva Sharegistry India Private Limited
Allotment Date
16 May 2024
Basis finalization
Refunds Initiate
17 May 2024
Mandate release
Demat Credit
18 May 2024
Shares in demat
Listing Debut
21 May 2024
Trading begins
How to Check ABS Marine Services Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Purva Sharegistry India Private Limited's allotment portal.
- Select ABS Marine Services Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About ABS Marine Services Limited Public Issue & Market Profile
ABS Marine Services Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹96.29 Crores. The shares are offered at a price band of ₹140 to ₹147 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,47,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-05-18, while un-allotted funds or UPI block mandates will be released on 2024-05-17.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.