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ABS Marine Services Ltd

ABS Marine Services Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹147
₹147
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹147
Based on GMP
Min. Investment
₹147,000
1 lot × 1000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
10 May 2024
Close Date
15 May 2024
Allotment
16 May 2024
Listing Date
21 May 2024
Exchange
NSE SME
Price Band
₹147
Listing Price
See chart
Allotment Status
Price Band
₹147
Per share
Face Value
₹10 per share
 
Lot Size
1,000 Shares
per lot
Issue Size
65,50,000 shares (aggregating up to ₹96.29 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹147,000
1 lot
Pre-IPO Holding
1,80,00,000 shares
Promoters
Post-IPO Holding
2,45,50,000 shares
Promoters
P/E (Pre)
11.23x
 
P/E (Post)
15.32x
 
EPS (Pre)
₹13.09
 
EPS (Post)
₹9.59
 
UPI Deadline
2024-05-15
Mandate
Anchor AllotmentThu, 09 May 2024
Basis of AllotmentThu, 16 May 2024
Refund InitiationFri, 17 May 2024
Demat CreditFri, 17 May 2024
Listing DayTue, 21 May 2024
UPI Mandate Deadline2024-05-15
Sale TypeFresh Capital
Net Offer to Public61,40,000 shares (aggregating up to ₹90.26 Cr)
Market Maker Quota4,10,000 shares (aggregating up to ₹6.03 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
ABS Marine Services Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 May 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
410,000
₹6.03
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
6,550,000
100% ₹96.29
IPO Shares Offered
ABS Marine Services Ltd IPO total issue size: ₹96.29 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 410,000 ₹6.03
6.26%
Total 6,550,000 ₹96.29
100.00%
* Based on upper price band ₹147 per share
Lot Size & Investment
Lot Size
1,000
Shares per Lot
Issue Price
₹147.00
Upper Band
Min Investment
₹147,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)22,000₹294,000
Retail (Max — 13 Lots)1313,000₹1,911,000
S-HNI (Min — 14 Lots)1414,000₹2,058,000
B-HNI (Min — 68 Lots)6868,000₹9,996,000
* Issue Price ₹147 × Lot Size 1,000 shares
IPO Schedule
Anchor
09 May 2024
✓ Done
IPO Open
10 May 2024
✓ Done
IPO Close
15 May 2024
✓ Done
Allotment
16 May 2024
✓ Done
Refunds
17 May 2024
✓ Done
Demat Credit
17 May 2024
✓ Done
Listing Day
21 May 2024
✓ Done
ABS Marine Services Ltd — Live Price LIVE
₹147.00
INR · NSE
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Issue ₹147.00 Live Price
About ABS Marine Services Ltd
Founded in October 1992, ABS Marine Services Limited manages offshore vessels and owns five vessels as of December 31, 2023. These include two modern offshore vessels for the oil and gas sector and three harbour vessels for the Indian port sector.The company is divided into four divisions: Ship Ownership, Ship Management, Marine Services, and Port Services.The company currently manages a total of 12 vessels for the government, public companies, private companies and port authorities (as of December 31, 2023). It also provides crew management services for 24 other vessels, including oil tankers, gas carriers, bulk carriers, passenger ships and high-speed vessels.The company owns a fleet of vessels that are fully chartered, managed and manned. These vessels are equipped with state-of-the-art DP-2 multipurpose offshore supply vessels, anchor handling supply vessels, multidisciplinary marine research vessels, coastal research vessels, oceanographic fisheries research vessels, bulk carriers, gas tankers, oil tankers, passenger vessels, high speed craft and harbour vessels.The company has offices in Mumbai and Chennai, India's two largest cities, as well as a branch office in Cochin and a satellite office in Kakinada. In addition, as of December 31, 2023, the company has a network of more than 40 in-house professionals to support it in its work.
Objects of the Issue
1
Acquistion of off shore vessel
2
Funding the working capital requirements of the Company; and
3
General corporate purposes.
ABS Marine Services Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹8,284.0
31 Mar 2022
₹11,380.8
31 Mar 2023
₹13,801.9
31 Mar 2024
Profit After Tax (PAT)
₹809.4
31 Mar 2022
₹952.7
31 Mar 2023
₹2,355.4
31 Mar 2024
Particulars31 Mar 202431 Mar 202331 Mar 2022
Revenue from Operations 13801.89 11380.78 8283.98
EBITDA N/A N/A N/A
Profit After Tax (PAT) 2355.41 952.74 809.43
Net Worth 11717.39 9352.42 8370.01
Total Assets 18480.99 17552.50 16663.28
Reserves & Surplus 9917.39 9351.42 8369.01
Borrowings 4567.96 4866.29 6114.77
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
2.26
RoCE
18.67%
RoNW
20.10%
Debt/Equity
0.39
Issue Structure & Shareholding
Total Shares Offered65,50,000 (100.00%)
Net Offer to Public61,40,000 shares (aggregating up to ₹90.26 Cr)
Reserved for Market Maker4,10,000 shares (aggregating up to ₹6.03 Cr)
Pre-Issue Promoter Holding1,80,00,000 shares
Post-Issue Promoter Holding2,45,50,000 shares
P/BV Ratio2.26
RoEN/A
RoCE18.67%
Debt / Equity0.39
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much ABS Marine Services Ltd IPO subscribed?

ABS Marine Services Ltd IPO is subscribed 1.00 times by May 15, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is ABS Marine Services Ltd IPO retail subscription status?

The ABS Marine Services Ltd IPO retail category is subscribed 1.00 times as of 15 May 2024. The retail portion is oversubscribed.

How to subscribe ABS Marine Services Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 10 May 2024 and closes 15 May 2024. Min investment: ₹147,000 (1 lot = 1,000 shares). UPI mandate: 2024-05-15.

How many times ABS Marine Services Ltd IPO subscribed?

The ABS Marine Services Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check ABS Marine Services Ltd IPO allotment?

Check allotment on the registrar website (Purva Sharegistry (India) Pvt.Ltd) at https://www.purvashare.com/investor-service/ipo-query. Enter your PAN, application number or DP/Client ID. Allotment date: 16 May 2024. Refunds: on 17 May 2024.

When ABS Marine Services Ltd IPO will be listed?

The ABS Marine Services Ltd IPO listing date is 21 May 2024, Tuesday. Listed on: NSE SME. Issue price: ₹147. Estimated listing: ₹147. GMP: NIL.

When ABS Marine Services Ltd IPO close?

The ABS Marine Services Ltd IPO closes on 15 May 2024, Wednesday. UPI mandate: 2024-05-15. Allotment: 16 May 2024. Listing: 21 May 2024.