Markolines Traffic Controls Limited
ListedSMEIndustrials · BSE
Incorporated in 2002, Markolines Traffic Controls Limited (NPST) provides highway operations and maintenance services across India. Its operations cover toll management, route patrolling, incident management, routine and preventive maintenance, major repairs, and specialized services like microsurfacing, base stabilization, and cold in-place recycling. Since inception, the company has executed over 90 O&M projects and, as of August 2021, manages around 285.71 km of major maintenance and 943.31 km of toll, routine maintenance, and patrolling projects on national highways, with major maintenance accounting for over 80% of its revenue.
Price Band
₹78
Issue Size
₹40.00 Cr
Lot Size
1600 shares
GMP
—
Est. Listing
₹78
at current GMP
Subscribed
—
Open
15 Sep 2021
Close
20 Sep 2021
Allotment
23 Sep 2021
Refund
24 Sep 2021
Demat Credit
25 Sep 2021
Listing
28 Sep 2021
Last updated 12 days ago
Official Registrar Verification
Markolines Traffic Controls Limited Allotment Status
Designated Registrar: Bigshare Services Private Limited
Allotment Date
23 Sep 2021
Basis finalization
Refunds Initiate
24 Sep 2021
Mandate release
Demat Credit
25 Sep 2021
Shares in demat
Listing Debut
28 Sep 2021
Trading begins
How to Check Markolines Traffic Controls Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Bigshare Services Private Limited's allotment portal.
- Select Markolines Traffic Controls 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 Markolines Traffic Controls Limited Public Issue & Market Profile
Markolines Traffic Controls Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹40 Crores. The shares are offered at a price band of ₹78 to ₹78 per equity share on BSE. 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 1600 shares (approx. ₹1,24,800 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-09-25, while un-allotted funds or UPI block mandates will be released on 2021-09-24.
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.