Recently Viewed
Clear AllBidding 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 /--
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.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
93.9x
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 |