Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |
Fly-Hi Maritime Travels Ltd. IPO is a Fixed Price Issue of 0.53 crore equity shares consisting of a fresh issue of upto 0.43 crore equity shares and an offer for sale (OFS) of upto 0.10 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Corporate Makers Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Fly-Hi Maritime IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 52,50,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 42,50,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 10,00,000 shares of ₹5 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 1,00,20,000 shares |
| Share Holding Post Issue | 1,42,70,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Wed, Dec 31, 2025 |
| SEBI/Exchange approval received | Tue, Mar 10, 2026 |
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the Net Issue |
| NII Shares Offered | 50% of the Net Issue |
Fly-Hi Maritime Travels Ltd is engaged in manages end to end travel arrangements for crew of commercial shipping companies, ensuring that the crew members move seamlessly from their home country to the port of boarding.
The company offers travel and logistics-focused company serving maritime and offshore industries. It specializes in crew travel management, ticketing, visa assistance, and global travel coordination.
The company offers end-to-end travel solutions for shipping companies, ship managers, and maritime professionals, ensuring timely crew movements, cost optimization, and compliance with international travel requirements.
Fly-Hi Maritime Travels Ltd emphasizes reliability, operational efficiency, and personalized service, leveraging industry expertise and strong airline partnerships to support seamless maritime operations worldwide.
As on December 16, 2025, the company had 47 employees.
Competitive Strengths:
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 25.34 | 23.00 | 16.47 | 14.18 |
| Total Income | 11.68 | 45.75 | 45.41 | 48.37 |
| Profit After Tax | 1.43 | 3.44 | 1.82 | 4.33 |
| EBITDA | 2.07 | 5.27 | 2.68 | 5.88 |
| NET Worth | 10.97 | 9.53 | 6.09 | 4.50 |
| Reserves and Surplus | 10.96 | 9.52 | 6.08 | 4.49 |
| Total Borrowing | 9.87 | 10.03 | 4.84 | 2.85 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding Working Capital Requirements of the Company | 24.24 |
| 2 | Repayment and/or pre-payment, in part, of borrowing availed by the Company | 4.00 |
| 3 | Towards Business Marketing and Development activities | 2.75 |
| 4 | General Corporate Purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 44.08% |
| ROCE | 45.18% |
| Debt/Equity | 1.05 |
| RoNW | 44.08% |
| PAT Margin | 7.59% |
| EBITDA Margin | 11.60% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 80% |
Lead Manager Reports
Fly-Hi Maritime IPO is a SME IPO of 52,50,000 equity shares of the face value of ₹5 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Fly-Hi Maritime IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Fly-Hi Maritime IPO using UPI as a payment gateway. Zerodha customers can apply in Fly-Hi Maritime IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Fly-Hi Maritime IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Fly-Hi Maritime IPO dates are not announced. Please check back again after some time.
Fly-Hi Maritime IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Fly-Hi Maritime IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Fly-Hi Maritime IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Fly-Hi Maritime IPO allotment status.
The Fly-Hi Maritime IPO listing date is not yet announced. The tentative date of listing is .
