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Home All IPOs ABS Marine Services Ltd IPO
ABS Marine Services Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹147
Issue Price
₹147
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹147
GMP based
Lot Size
1,000
shares / lot
Min Amount
₹147,000
1 lot · 1,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
10 May 2024
Fri Completed
Done
Close Date
15 May 2024
Wed Completed
Done
Allotment
16 May 2024
Thu Completed
Done
Refund
17 May 2024
Fri Completed
Done
Demat Credit
17 May 2024
Fri Completed
Done
Listing Date
21 May 2024
Tue Completed
UPI Deadline: 15 May 2024
Issue Details
Pricing & Size
Issue Price
₹147 Face ₹10
Lot Size
1,000 shares
Min Investment
₹147,000
Total Issue Size
65,50,000 shares (aggregating up to ₹96.29 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
4,10,000 (6.26%)
QIB Portion
30,69,000 (46.85%)
NII / HNI
9,22,000 (14.08%)
Retail
21,49,000 (32.81%)
Employee
-
Net Offer to Public
61,40,000 shares (aggregating up to ₹90.26 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,80,00,000 shares
Post-Issue Shareholding
2,45,50,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,000 ₹1,47,000
HNI / NII 2 2,000 ₹2,94,000
Objects of Issue
3 objectives
1
Acquistion of off shore vessel
2
Funding the working capital requirements of the Company; and
3
General corporate purposes.
Lead Managers & Market Maker
Book Running Lead Managers
GYR Capital Advisors Pvt.Ltd.
Market Maker
Giriraj Stock Broking Pvt.Ltd
Commodity Mandi Pvt.Ltd
IPO Timeline
Open
10 May
✓ Done
Close
15 May
✓ Done
Allotment
16 May
✓ Done
Listing
21 May
✓ Done
Registrar Details
Purva Sharegistry (India) Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-022-23018261/ 23016761
Email
newissue@purvashare.com
Company Contact
Email
cs@absmarine.com
Phone
044-42914135
Address
Flat No. 3, Anugraha Foundation No. 15, Valliammal Road Vepery, Chennai, Tamil Nadu, 600007
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹147
Est. Listing
₹147
Lot Size
1,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
ABS Marine Services Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹147
GMP
+₹0 (+0%)
GMP Est. Listing
₹147
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 30,69,000 (46.85%) ₹4,511.43 Cr
NII / HNI (Total) 9,22,000 (14.08%) ₹1,355.34 Cr
Retail Investors 21,49,000 (32.81%) ₹3,159.03 Cr
Total ** 65,50,000 (100.00%) ₹96,285.00 Cr
Market Maker * 4,10,000 (6.26%) ₹60.27 Cr
* Based on ₹147.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
30,69,000 (46.85%)
NII
9,22,000 (14.08%)
Retail
21,49,000 (32.81%)
Market Maker
4,10,000 (6.26%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202431 Mar 202331 Mar 2022
Revenue13801.8911380.788283.98
PAT2355.41952.74809.43
EBITDA
Net Worth11717.399352.428370.01
Total Assets18480.9917552.5016663.28
Reserves9917.399351.428369.01
Borrowings4567.964866.296114.77
Key Financial Ratios
18.67%
ROCE
Return on Capital Employed
20.10%
RONW
Return on Net Worth
0.39
D/E Ratio
Debt to Equity
2.26
P/BV
Price to Book Value
13.09
Pre EPS
EPS Pre-Issue
9.59
Post EPS
EPS Post-Issue
11.23
Pre P/E
P/E Pre-Issue
15.32
Post P/E
P/E Post-Issue
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.

Frequently Asked Questions
What is the issue price of ABS Marine Services Ltd IPO?
The issue price of ABS Marine Services Ltd IPO is ₹147 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,000 shares, requiring ₹147,000.
What are the IPO dates?
Opens 10 May 2024, closes 15 May 2024.
When is the listing date?
Tentative listing: 21 May 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹147 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

ABS Marine Services Ltd IPO · Expected 16 May 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
16 May 2024
Refund Initiation
17 May 2024
Demat Credit
17 May 2024
Listing Date
21 May 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹147
Face ₹10
Lot Size
1,000
shares / lot
Min Amount
₹147,000
1 lot
Est. Listing
₹147
GMP +₹0
Key Dates
Open
10 May Done
Close
15 May Done
Listing
21 May Done
Registrar
Purva Sharegistry (India) Pvt.Ltd
A
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