Marinetrans India IPO opens on November 30, price set at ₹26 per share

In this article, we are going to talk about the Marinetrans India IPO. Marinetrans India Private Limited is a Private incorporated on 24 June 2004. It is classified as Non given firm and is registered at Registrars of Firms, Mumbai. Marinetrans India’s initial public offering (IPO) will unlock for subscription on Thursday, 30 November 2023, and will close on Tuesday, 5 December 2023. The firm IPO’s cost band is set at ₹26. Now thousands of people are super curious to know about the whole information about the news. Here we have more information about the news and we will share it with you in this article.

Marinetrans India IPO

Marinetrans India IPO

Investors can bid for a minimum of 4000 shares and in several thereof. The face value of the equity shares is ₹10 each and the issue cost is 2.6 times the face value of the equity shares. The Marinetrans is a sea freight forwarding firm. From its beginning as a goods forwarder, the business later grew to provide door-to-door delivery and third-party logistics (3PL) services to the sector through unofficial agreements with service providers. Swipe up the next page for more information about the news.

As per the report, the firm presents a wide range of freight-connected and transport management services to its clients including freight forwarding, which handles both air and sea freight. The business has a branch in Ahmedabad, Gujarat, and its headquarters are in Navi, Mumbai, Maharashtra. Its main mode of operation for shipping cargo worldwide is through Nhava Sheva, JNPT, Kandla, Vizag, Mundra, Chennai, and other places in India. Now many people are super curious to know about the whole information about Marinetrans India IPO details. Marinetrans India IPO is worth ₹10.92 crores, and is fully the latest issue of 4,200,000 equity shares; there has been a no offer for sale (OFS) component as per the RHP. So please read the complete article.

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Marinetrans India IPO dates – Tentatively, Marinetrans India IPO basis of allotment of shares is going to be finalized on 8 December 2023, Friday and the firm will initiate refunds on Monday, 11 December 2023, while the shares will be made to the demat account of allottees on 10 December 2023, Sunday. The company’s IPO shares are likely to be listed on NSE SME on Monday, 11 December 2023. if we are all about the Marinetrans India IPO GMP today. The IPO GMP today or grey market premium was ₹0, which meant shares had been trading at their issue price of ₹26 with no premium or discount in the grey market. Stay tuned to us for more updates.

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Gurleen Kaur

I'm a science graduate from the Ahmadu Bello University, Nigeria. My passion for writing has brought me to into the field of content.