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
Overall Subscription
143.09x
Total Demand
QIB Multiplier
109.30x
Institutions & Funds
NII / HNI
271.18x
High Net-Worth
Retail (RII)
107.44x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,228,000 | 134,217,000 | 109.30x |
| NIB | 922,000 | 250,025,000 | 271.18x |
| RETAIL | 2,149,000 | 230,886,000 | 107.44x |
| Total | 4,299,000 | 615,128,000 | 143.09x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,293 | 246,360 | 107.44x |
| HNIs (10L +) | 15 | 4,068 | 271.18x |
| HNIs (2-10L) | 70 | 18,983 | 271.18x |
| Total Applications | 2,378 | 269,411 | 113.29x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is ABS Marine Services Limited IPO GMP today?
The latest Grey Market Premium (GMP) for ABS Marine Services Limited IPO is ₹115 per equity share. Based on the upper price band of ₹140 to ₹147 per equity share, the estimated listing price is ₹262 (+78.2% expected listing gain).
What is the expected profit per lot for ABS Marine Services Limited IPO?
With a lot size of 1000 shares and current GMP of ₹115, the expected profit per application lot is approx ₹1,15,000 (+78.2% gain). Minimum application cost is approx ₹1,47,000.
What is the issue size and price band for ABS Marine Services Limited IPO?
The ABS Marine Services Limited IPO aggregate issue size is ₹96.29 Crores with an equity price band set at ₹140 to ₹147 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,47,000.
How can I check ABS Marine Services Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 143.09x (Retail: 107.44x, QIB: 109.30x, NII: 271.18x). You can track live multiples directly on our dedicated subscription page.
Where and when will ABS Marine Services Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2024-05-16. Investors can verify status using PAN card or application number.
When is the listing date for ABS Marine Services Limited IPO?
ABS Marine Services Limited shares are scheduled to list on NSE on 2024-05-21.