Marinetrans India Limited
ListedSMEEmerging SME Services · NSE
Incorporated in June 2004, Marinetrans is a sea freight forwarding company that has expanded into Door-to-Door Delivery and 3PL services through third-party partners. Headquartered in Navi Mumbai with a branch in Ahmedabad, the company provides transport management and freight services across both sea and air routes and mainly operates through major Indian ports like JNPT (Nhava Sheva), Mundra, Kandla, Chennai, and Vizag to ship cargo worldwide. Marinetrans handles end-to-end coordination including booking confirmation, selecting shipping lines, stuffing, transportation within the dock area, and communication between the customer and the shipping line until final delivery, while it does not directly operate any ports.
Price Band
₹26
Issue Size
₹10.92 Cr
Lot Size
4000 shares
GMP
₹3
+11.5%
Est. Listing
₹29
at current GMP
Subscribed
32.69x
overall
Open
30 Nov 2023
Close
5 Dec 2023
Allotment
6 Dec 2023
Refund
7 Dec 2023
Demat Credit
8 Dec 2023
Listing
8 Dec 2023
Last updated 12 days ago
Official Registrar Verification
Marinetrans India Limited Allotment Status
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
6 Dec 2023
Basis finalization
Refunds Initiate
7 Dec 2023
Mandate release
Demat Credit
8 Dec 2023
Shares in demat
Listing Debut
8 Dec 2023
Trading begins
How to Check Marinetrans India Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Skyline Financial Services Private Limited's allotment portal.
- Select Marinetrans India 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 Marinetrans India Limited Public Issue & Market Profile
Marinetrans India Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹10.92 Crores. The shares are offered at a price band of ₹26 to ₹26 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2023-12-05, the basis of allotment is scheduled to be finalized on 2023-12-06. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
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.