Marinetrans India Limited IPO
Marinetrans India Limited was a SME IPO in the Logistics Solution Provider sector, offered at ₹26–₹26 per share to raise ₹11 crore. It listed on 8 Dec 2023 at ₹30 and closed its first day at ₹31, a listing gain of +19.2% versus the ₹26 issue price. It now trades around ₹11 (-56.4% versus the issue price).
Frequently asked questions
- What were the Marinetrans India Limited IPO listing gains?
- Marinetrans India Limited listed on 8 Dec 2023 at ₹30, closing its first day at ₹31 — a listing gain of +19.2% versus the ₹26 issue price.
- What was the price band and lot size of the Marinetrans India Limited IPO?
- The price band was ₹26–₹26 per share, with a minimum lot of 4,000 shares (₹1,04,000 at the upper band).
- Who were the registrar and lead manager for the Marinetrans India Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Swaraj Shares was the book-running lead manager.