Fly-Hi Maritime Travels Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

01 Sep 2026

Close Date

03 Sep 2026

Allotment

04 Sep 2026

Listing Date

08 Sep 2026

Exchange

BSE SME

Price Band

₹102

Listing Price

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Allotment Status

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Price Band

₹102

Per share

Face Value

₹5 per share

Lot Size

1,200 Shares

per lot

Issue Size

51,60,000 shares (agg. up to ₹53 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹122,400

1 lot

Pre-IPO Holding

1,00,20,000 shares

Promoters

Post-IPO Holding

1,41,80,400 shares

Promoters

P/E (Pre)

12.13x

P/E (Post)

17.17x

EPS (Pre)

₹8.41

EPS (Post)

₹5.94

UPI Deadline

5:00 PM on 03 Sep 2026

Mandate

Anchor AllotmentMon, 31 Aug 2026

Basis of AllotmentFri, 04 Sep 2026

Refund InitiationMon, 07 Sep 2026

Demat CreditMon, 07 Sep 2026

Listing DayTue, 08 Sep 2026

UPI Mandate Deadline5:00 PM on 03 Sep 2026

Sale TypeFresh capital cum OFS

Net Offer to Public48,96,000 shares (agg. up to ₹50 Cr)

Market Maker Quota2,64,000 shares (agg. up to ₹3 Cr)

Fresh Issue Shares38,96,400 shares (agg. up to ₹40 Cr)

Offer for Sale9,99,600 shares of ₹5 (agg. up to ₹10 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Fly-Hi Maritime Travels Ltd. IPO subscribed 2.12 times overall. Retail: 3.66x. QIB: 1.00x. NII: 0.58x. By 03 Sep 2026.

QIB

1.00x

Over

NII/HNI

0.58x

Retail

3.66x

Over

Total

2.12x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	264,000	—	₹2.69
QIB	Over 1.00x	—	—	—
NII / HNI	0.58x	2,448,000	—	₹24.97
Retail	Over 3.66x	2,448,000	—	₹24.97
Total	2.12x	4,896,000	100%	₹49.94

IPO Shares Offered

Fly-Hi Maritime Travels Ltd. IPO total issue size: ₹49.94 Cr. Retail: ₹24.97 Cr. NII: ₹24.97 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	264,000	₹2.69	5.39%
NII	2,448,000	₹24.97	50.00%
Retail	2,448,000	₹24.97	50.00%
Total	4,896,000	₹49.94	100.00%

* Based on upper price band ₹102 per share

Basis of Allotment

	QIB			NII			Retail	Total
	Ex. Anchor	Anchor	Total QIB	Below ₹10L	Above ₹10L	Total NII	Retail	Total
Allocation (shares)	—	—	—	—	—	2,448,000	2,448,000	4,896,000
Allotment price (₹)	102	102	102	102	102	102	102	102
No. of applications	—	—	—	—	—	—	—	—
No. of shares applied	—	—	—	—	—	—	—	—
Amount collected (₹Cr)	—	—	—	—	—	—	₹24.97	₹24.97
Times subscribed	1	—	—	—	—	0.58x	3.66x	2.12x
Shares allotted	—	—	—	—	—	2,448,000	2,448,000	4,896,000
No. of allottees	—	—	—	—	—	—	—	—

* Upper price band ₹102 · ** Anchor allotment excluded from public shares

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹102.00

Upper Band

Min Investment

₹122,400

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹244,800
Retail (Max — 13 Lots)	13	15,600	₹1,591,200
S-HNI (Min — 14 Lots)	14	16,800	₹1,713,600
B-HNI (Min — 68 Lots)	68	81,600	₹8,323,200

* Issue Price ₹102 × Lot Size 1,200 shares

IPO Schedule

Anchor

31 Aug 2026

✓ Done

IPO Open

01 Sep 2026

✓ Done

IPO Close

03 Sep 2026

✓ Done

Allotment

04 Sep 2026

✓ Done

Refunds

07 Sep 2026

✓ Done

Demat Credit

07 Sep 2026

✓ Done

Listing Day

08 Sep 2026

✓ Done

₹102.00

INR · BSE

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Issue ₹102.00 Live Price

About Fly-Hi Maritime Travels Ltd.

Incorporated in September 2021, Fly-Hi Maritime Travels Limited is a specialized maritime travel company engaged in providing end-to-end crew travel and mobility solutions for commercial shipping companies. The Company manages travel arrangements for seafarers from their home countries to their designated ports of boarding, including airline ticketing, route planning, ground transportation, hotel bookings, visa coordination and 24/7 travel support.The Company offers customized travel solutions designed around vessel schedules, crew joining windows and the requirements of multinational shipping crews. Its services include global crew ticketing, visa and immigration coordination, OK-to-board confirmations, real-time travel monitoring, disruption handling, emergency support and boarding confirmation. The Company operates through a centralized operational model, with its operations managed from its Mumbai corporate office, while also having a distributor in the UAE to support certain international customers.Fly-Hi Maritime Travels serves commercial shipping companies across more than six countries, including Cyprus, Greece, the USA, the UK, Singapore, UAE and India. The Company is an International Air Transport Association (IATA) accredited company and its registered office has been recognized as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).As of July 31, 2026, the Company had a workforce of 54 employees across travel operations, marketing and sales, visa operations, finance, IT, HR and other support functions.Competitive StrengthsCustomized travel planning and 24/7 operational support.IATA accreditation and international servicing capabilities.Presence in international markets through a UAE distributor.Centralized and efficient operational model supported by a skilled workforce.Experienced management with strong commercial shipping industry expertise.Established relationships with customers across multiple international markets.Specialized end-to-end crew travel solutions for commercial shipping companies.

Objects of the Issue

Funding working capital requirements of the Company

Repayment and/or pre-payment, in part, of borrowing availed by the Company

Towards Business Marketing and Development activities

General Corporate Purposes

Issue Expenses

Fly-Hi Maritime Travels Ltd. Financials (Amount in ₹ Crore)

Revenue from Operations

₹45.4

31 Mar 2024

₹45.8

31 Mar 2025

₹62.2

31 Mar 2026

Profit After Tax (PAT)

₹1.8

31 Mar 2024

₹3.4

31 Mar 2025

₹8.4

31 Mar 2026

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Revenue from Operations	62.21	45.75	45.41
EBITDA	12.49	5.27	2.68
Profit After Tax (PAT)	8.43	3.44	1.82
Net Worth	17.96	9.53	6.09
Total Assets	37.94	23.00	16.47
Reserves & Surplus	12.95	9.52	6.08
Borrowings	12.97	6.08	4.84
EBITDA Margin (%)	20.14	—	—
PAT Margin (%)	13.58	—	—

P/BV Ratio

5.69

RoE

61.29

RoCE

67.22

RoNW

61.29

PAT Margin

13.58

EBITDA Margin

20.14

Debt/Equity

0.72

Issue Structure & Shareholding

Total Shares Offered51,60,000

Net Offer to Public48,96,000 shares (agg. up to ₹50 Cr)

Reserved for Market Maker2,64,000 shares (agg. up to ₹3 Cr)

Pre-Issue Promoter Holding1,00,20,000 shares

Post-Issue Promoter Holding1,41,80,400 shares

P/BV Ratio5.69

RoE61.29

RoCE67.22

Debt / Equity0.72

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd

040-79615565

flyhi.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Corporate Makers Capital Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Fly-Hi Maritime Travels Ltd. IPO subscribed? ▲

Fly-Hi Maritime Travels Ltd. IPO is subscribed 2.12 times by Sep 03, 2026. Retail: 3.66x. QIB: 1.00x. NII: 0.58x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	0.58x
Retail Individual	3.66x
Total Subscription	2.12x

What is Fly-Hi Maritime Travels Ltd. IPO retail subscription status? ▼

The Fly-Hi Maritime Travels Ltd. IPO retail category is subscribed 3.66 times as of 03 Sep 2026. The retail portion is oversubscribed.

How to subscribe Fly-Hi Maritime Travels Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 01 Sep 2026 and closes 03 Sep 2026. Min investment: ₹122,400 (1 lot = 1,200 shares). UPI mandate: 5:00 PM on 03 Sep 2026.

How many times Fly-Hi Maritime Travels Ltd. IPO subscribed? ▼

The Fly-Hi Maritime Travels Ltd. IPO subscribed 2.12x overall. QIB: 1.00x, NII: 0.58x, Retail: 3.66x. Applications: from NSE/BSE.

How to check Fly-Hi Maritime Travels Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 04 Sep 2026. Refunds: on 07 Sep 2026.

When Fly-Hi Maritime Travels Ltd. IPO will be listed? ▼

The Fly-Hi Maritime Travels Ltd. IPO listing date is 08 Sep 2026, Tuesday. Listed on: BSE SME. Issue price: ₹102. Estimated listing: ₹102. GMP: NIL.

When Fly-Hi Maritime Travels Ltd. IPO close? ▼

The Fly-Hi Maritime Travels Ltd. IPO closes on 03 Sep 2026, Thursday. UPI mandate: 5:00 PM on 03 Sep 2026. Allotment: 04 Sep 2026. Listing: 08 Sep 2026.

Quick Actions

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Live Price LIVE

Last Price₹102.00

Change—

Issue Price₹102.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹102

Face Value₹5

Lot Size1,200 Sh

Min. Amount₹122,400

GMPNIL

Est. Listing₹102

Subscribed2.12x

Open Date01 Sep 2026

Close Date03 Sep 2026

Allotment04 Sep 2026

Listing Date08 Sep 2026

ExchangeBSE SME

UPI Deadline5:00 PM on 03 Sep 2026