ABS Marine Services IPO
ListedABS Marine Services IPO Details
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Bidding Date
10-May-2024 to
15-May-2024 -
Issue Size
₹96.29 Cr
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Price Band
₹140 to ₹147
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Allotment date
16-May-2024
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Listing date
21-May-2024
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Lot size
1000
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No. of shares
65,50,000
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Fresh issue/OFS
₹96.29 Cr /--
About ABS Marine Services Company
ABS Marine Services Limited began its operations on October 27, 1992, with a focus on offshore vessel management. Over the years, it has expanded its fleet and capabilities significantly. As of December 31, 2023, the company owns and operates a diversified fleet of vessels, including two advanced offshore vessels dedicated to servicing the Oil & Gas sector, and three Harbour Crafts serving the Indian ports. The company is recognized for its comprehensive ship management services, managing a total of 12 vessels for various government bodies, public sector undertakings, private companies, and port authorities. The company also extends its expertise to crew management services, catering to 24 ships across different categories including Oil Tankers, Gas Tankers, Bulk Carriers, Passenger Vessels, and High-Speed Crafts. A significant portion of the company's revenue stems from strategic contracts with government agencies, notably including a major contract with the Ministry of Earth and Science which alone accounts for 23.50% of its operational revenue.
Subscription Status
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Category
Status
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QIBs
--
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NIIs
--
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Retail
--
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Others
--
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Total
93.9x
FAQs for ABS Marine Services IPO.
What is the issue size of ABS Marine Services IPO?
The issue size of ABS Marine Services is ₹96.29 Cr.
What is the industry of ABS Marine Services?
ABS Marine Services falls into Industrial Services industry.
Where ABS Marine Services IPO will be listed?
The ABS Marine Services IPO will be listed on BSE.
What are the open and close dates for the ABS Marine Services IPO?
The open and close dates for the ABS Marine Services are 10-May-2024 & 15-May-2024.
What are the price band for ABS Marine Services IPO?
The price band for the ABS Marine Services ipo is ₹140 to ₹147
What is the listing date of ABS Marine Services IPO?
The listing date of ABS Marine Services IPO is 21-May-2024.
What is the purpose for the ABS Marine Services IPO?
The purpose of this IPO is to raise fresh capital.
How much times ABS Marine Services IPO subscribed?
ABS Marine Services total subscription ratio is 93.9X.
What are the key financials for the ABS Marine Services IPO?
Key financial of the ABS Marine Services are:
| ABS Marine Services | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 135.16 | 111.58 | 71.63 |
| EBIT (₹ Cr) | 28.3 | 14.45 | 3.62 |
| Proft after Tax (₹ Cr) | 25.44 | 10.22 | 8.43 |
| Debt (₹ Cr) | 45.68 | 48.66 | 61.15 |
| Net Worth (₹ Cr) | 126.98 | 101.4 | 90.8 |
| RoE (%) | 20.04 | 10.08 | 9.28 |