1. Home
  2. SME IPO
  3. Marinetrans India Ltd IPO
marinetrans ipo

Marinetrans India IPO

  • Status: Closed
  • RHP:
  • ₹ 104,000 / 4000 shares

    Minimum Investment

IPO Details

  • Open Date

    30 Nov 2023

  • Close Date

    05 Dec 2023

  • IPO Price Range

    ₹ 26

  • IPO Size

    ₹ 10.92 Cr

  • Listing Exchange

    NSE SME

  • Listing Date

    11 Dec 2023

With just a few clicks, Invest in IPO's!

+91
Resend OTP

By proceeding, you agree to all T&C*

hero_form
Timeline Subscription Status Objective Financials SWOT FAQ Contacts

IPO Timeline

Marinetrans India IPO Subscription Status

Last Updated: 03 January 2024 8:57 PM by 5Paisa

Marinetrans India Limited IPO is all set to open from 30th November to 5th December 2023. The company specializes in the sea freight forwarding business. The IPO includes a fresh issue of 4,200,000 shares worth ₹10.92 cr. The share allotment date is 8th December, and the IPO will be listed on 11th December on the stock exchanges. The price is ₹26 per share and the lot size is 4000 shares.    

Swaraj Shares and Securities Private Limited is the book-running lead manager for this IPO, while Skyline Financial Services Private Limited is the registrar. 

Objectives of Marinetrans IPO:

Marinetrans India Limited plans to utilize the raised capital from the IPO to:
●    For working capital requirements.
●    General corporate purposes.
●    For expenses related to the public issue. 

Originally established in 2004, Marinetrans India Limited specializes in the sea freight forwarding business. The primary locations for its operation facilities are JNPT, Nhava Sheva, Mundra, Kandla, Chennai, Vizag, and more. The USP of the company is that it can deliver cargo across the globe from any geography in India.

The company’s top priority and objective is to “ensure the safe transportation and delivery of goods from start to finish.” From a freight forwarder to Door-to-Door Delivery and 3PL services for the logistics industry, Marinetrans India has made its presence stronger in the industry. The company offers these services by partnering with third-party logistics providers. 

Marinetrans India’s services include:

●    Freight Forwarding for both sea and air freight
●    Ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking of items

 

Peer Comparison

●    Cargosol Logistics Ltd
●    Cargotrans Maritime Ltd
●    AllCargo Logistics Ltd
●    Total Transport Systems

For More Information:
Webstory on Marinetrans IPO

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY22 FY21
Revenue from operations 150.27 203.21 95.82
EBITDA 2.68 2.93 1.58
PAT 1.53 1.86 0.79
Particulars (in Rs. Crores) FY23 FY22 FY21
Total Assets 26.19 23.06 22.04
Share Capital 8.53 0.406 0.406
Total Borrowings 10.15 8.55 9.39
Particulars (in Rs. Crores) FY23 FY22 FY21
Net cash generated from / (used in) operating activities -0.80 -1.09 1.89
Net cash from / (used in) investing activities -0.18 -0.024 0.22
Net cash flow from / (used in) financing activities 2.50 0.003 -0.64
Net increase (decrease) in cash and cash equivalents 1.52 -1.11 1.46


Strengths

1.    The company has organizational stability, rich management experience and a skilled team. 
2.    Its supplier relationships are well-established and strong. 
3.    It has developed a wide clientele base through a value-based relationship approach. 
4.    The company focuses on fulfilling the expectations of customers and giving them a good experience. 
 

Risks

1.    Significant increases in freight, transportation and other costs can impact the business. 
2.    It is heavily dependent on third-party service providers and suppliers to carry on logistics operations.
3.    Business operations are concentrated in Maharashtra, India. 
4.    Dependence on the subsidiaries exposes the company to certain risks. 
5.    Reported negative cash flow in the past.  
 

Will You Apply for Marinetrans India IPO?

Yes No Maybe

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
footer_form

FAQs

The minimum lot size of Marinetrans IPO is 4000 shares and the investment required is ₹1,04,000.

The price for Marinetrans IPO is ₹26 per share. 

Marinetrans IPO opens from 30th November to 5th December 2023.
 

The size of Marinetrans IPO is ₹10.92 cr. 

The share allotment date of Marinetrans IPO is 8th December 2023.

The Marinetrans IPO will be listed on 11th December 2023.

Swaraj Shares and Securities Private Limited is the book-running lead manager for Marinetrans IPO.

Marinetrans India Limited plans to utilize the raised capital from the IPO to:

1.    For working capital requirements.
2.    General corporate purposes.
3.    For expenses related to the public issue. 
 

To apply for Marinetrans IPO, follow the steps given below:

●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the Marinetrans India Limited IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
●    You will receive a mandate notification to block funds in your UPI app.