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
Overall Subscription
32.69x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
18.16x
High Net-Worth
Retail (RII)
47.22x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,992,000 | 36,176,000 | 18.16x |
| RETAIL | 1,992,000 | 94,072,000 | 47.22x |
| Total | 3,984,000 | 130,248,000 | 32.69x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 368 | 17,377 | 47.22x |
| HNIs (10L +) | 2 | 36 | 18.16x |
| HNIs (2-10L) | 11 | 200 | 18.16x |
| Total Applications | 381 | 17,613 | 46.23x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is Marinetrans India Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Marinetrans India Limited IPO is ₹3 per equity share. Based on the upper price band of ₹26 to ₹26 per equity share, the estimated listing price is ₹29 (+11.5% expected listing gain).
What is the expected profit per lot for Marinetrans India Limited IPO?
With a lot size of 4000 shares and current GMP of ₹3, the expected profit per application lot is approx ₹12,000 (+11.5% gain). Minimum application cost is approx ₹1,04,000.
What is the issue size and price band for Marinetrans India Limited IPO?
The Marinetrans India Limited IPO aggregate issue size is ₹10.92 Crores with an equity price band set at ₹26 to ₹26 per equity share. The retail lot size is 4000 shares requiring a minimum capital outlay of approx. ₹1,04,000.
How can I check Marinetrans India Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 32.69x (Retail: 47.22x, QIB: 0.00x, NII: 18.16x). You can track live multiples directly on our dedicated subscription page.
Where and when will Marinetrans India Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2023-12-06. Investors can verify status using PAN card or application number.
When is the listing date for Marinetrans India Limited IPO?
Marinetrans India Limited shares are scheduled to list on NSE on 2023-12-08.