
Marinetrans India Limited
listed
₹1.04LMin. investment
About Marinetrans India Limited
Issue size
₹10.92Cr
IPO type
SME
Price range
₹26.00 – ₹26.00
Lot size
4000 shares
Price range₹26.00 – ₹26.00
IPO type
SME
Lot size4000 shares
Issue size₹10.92Cr
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About Marinetrans India Limited
Incorporated in June 2004, Marinetrans India Limited offer our customers a comprehensive range of transport management and freight-related services. Our services encompass Freight Forwarding, including both sea freight and air freight. Additionally, we have established partnerships with various intermediaries to provide ancillary services such as Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking of items. These additional services enable us to provide end-to-end solutions and other value-added services that cater to **** our customers’ diverse needs.
The Company initially started as a freight forwarder, then went to Door-to-Door Delivery and 3PL services for the logistics industry via informal arrangement with the third-party service providers. The primary objective is to ensure the safe transportation and delivery of goods from start to finish. They achieve this by leveraging their expertise to identify and recommend the optimal solution for each client’s specific business environment. Their dedicated team of skilled shipping and customs specialists works diligently to provide clients with customized solutions at affordable rates. Strengthening customer relationships and consistently delivering quality products, services, and solutions are at the core of our mission.
Marinetrans India Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives
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Funding of working capital requirements of the Company.
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General Corporate Expenses
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Issue Expenses
Here are key details about the Marinetrans India Limited:
Company Name | Marinetrans India Limited Limited | Marinetrans India Limited IPO Opening Date | November 30, 2023 | |
---|---|---|---|---|
Company Established On | 2004Marinetrans India Limited IPO Price band | ₹26 per share |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Marinetrans India Limited ?
The issue size of the Marinetrans India Limited is 10.92 Cr.
What is 'pre-apply' for Marinetrans India Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Marinetrans India Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts30 Nov 2023
- Bidding ends5 Dec 2023
- Allotment finalisation2 Dec 2023
- Release of funds8 Dec 2023
- Demat transfer7 Dec 2023
- Listing8 Dec 2023