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ABS Marine Services Limited IPO

ABS Marine Services Limited was a SME IPO in the Shipping sector, offered at ₹140–₹147 per share to raise ₹96 crore. It listed on 21 May 2024 at ₹294 and closed its first day at ₹279, a listing gain of +90.0% versus the ₹147 issue price. It now trades around ₹275 (+87.3% versus the issue price).

Frequently asked questions

What were the ABS Marine Services Limited IPO listing gains?
ABS Marine Services Limited listed on 21 May 2024 at ₹294, closing its first day at ₹279 — a listing gain of +90.0% versus the ₹147 issue price.
What was the price band and lot size of the ABS Marine Services Limited IPO?
The price band was ₹140–₹147 per share, with a minimum lot of 1,000 shares (₹1,47,000 at the upper band).
Who were the registrar and lead manager for the ABS Marine Services Limited IPO?
Purva Share Registry India Private Limited was the registrar, and GYR Capital Advisors was the book-running lead manager.