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Marinetrans India Limited

Marinetrans India Limited

listed
₹1.04LMin. investment

Marinetrans India Limited IPO Details

Price range₹26.00 – ₹26.00
IPO type
SME
Lot size4000 shares
Issue size₹10.92Cr

Marinetrans India Limited Timeline

  1. Bid start
    30 Nov 2023
  2. Bid end
    5 Dec 2023
  3. Allotment
    2 Dec 2023
  4. Release of funds
    8 Dec 2023
  5. Demat transfer
    7 Dec 2023
  6. Listing
    8 Dec 2023

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
  1. Funding of working capital requirements of the Company.
  2. General Corporate Expenses
  3. Issue Expenses

Here are key details about the Marinetrans India Limited:

Company NameMarinetrans India Limited Limited Marinetrans India Limited IPO Opening DateNovember 30, 2023
Company Established On2004Marinetrans India Limited IPO Price band₹26 per share

Checklist

Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
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Marinetrans India Limited Contact Details

Company NameMarinetrans India Limited

How to apply for Marinetrans India Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Marinetrans India IPO FAQs