Marinetrans IPO Subscription Details

Fixed Price IPO | ₹11 Cr | Listed at NSE SME | Thu, Nov 30, 2023 - Tue, Dec 5, 2023

Basis of Allotment - Marinetrans IPO

Details NII Retail Total
Allocation (No. of shares)19,92,00019,92,00039,84,000
Allotment price (Rs.)262626
No.of applications1,88323,00824,891
No.of shares applied3,51,56,0009,20,32,00012,71,88,000
Amount collected (Rs.cr.)91.41 239.28 330.69
No.of times subscribed17.6546.2031.92
No.of shares allotted11,00,00028,84,00039,84,000
Amount (Rs.cr.)2.86 7.50 10.36
No.of allottees244721965

IPO Shares Offered

Marinetrans IPO is a public issue of 0.40 Cr equity shares. The issue offers 0.20 Cr shares to retail investors , 0.20 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker2,16,0000.56 5.14%
Other* 19,92,0005.18 47.43%
Retail19,92,0005.18 47.43%
Total42,00,00010.92 100%

IPO Subscription FAQs

The Marinetrans IPO is subscribed 33 times by Dec 05, 2023 19:29.

Marinetrans IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional18.05
Retail Individual47.24
Total Subscription33

Retail category of Marinetrans IPO subscribed 47.24 times as of date Dec 05, 2023 19:29. The public issue closes on Tue, Dec 5, 2023 for bidding.

An investor can apply in Marinetrans IPO online via bank (using ASBA) or the broker (using UPI). The Marinetrans IPO shares are offered online only.

The Marinetrans IPO is subscribed 33 times by Dec 05, 2023 19:29.

The Marinetrans IPO allotment status is expected on or around Wednesday, December 6, 2023. Visit Marinetrans IPO allotment status to check.

The Marinetrans IPO listing date is December 8, 2023. The equity share of Marinetrans IPO will list on NSE SME.

Visit Marinetrans IPO subscription status page for real-time bidding information about Marinetrans IPO.

Marinetrans IPO Timetable

IPO opens OnThursday, November 30, 2023
IPO Closes OnTuesday, December 5, 2023
Finalisation of Basis of AllotmentWednesday, December 6, 2023
Initiation of RefundsThursday, December 7, 2023
Credit of Shares to Demat AccountThursday, December 7, 2023
IPO Listing DateFriday, December 8, 2023
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