ABS Marine Services IPO

Listed Listed stocks

ABS Marine Services IPO Details

  • Bidding Date

    10-May-2024 to
    15-May-2024

  • Issue Size

    ₹96.29 Cr

  • Price Band

    ₹140 to ₹147

  • Allotment date

    16-May-2024

  • Listing date

    21-May-2024

  • Lot size

    1000

  • No. of shares

    65,50,000

  • 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

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    93.9x

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FAQs for ABS Marine Services IPO.

The issue size of ABS Marine Services is ₹96.29 Cr.

ABS Marine Services falls into Industrial Services industry.

The ABS Marine Services IPO will be listed on BSE.

The open and close dates for the ABS Marine Services are 10-May-2024 & 15-May-2024.

The price band for the ABS Marine Services ipo is ₹140 to ₹147

The listing date of ABS Marine Services IPO is 21-May-2024.

The purpose of this IPO is to raise fresh capital.

ABS Marine Services total subscription ratio is 93.9X.

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