ABS Marine Services Limited

ABS Marine Services Limited IPO

NSE SMEClosed
May 10, 2024Open Date
May 15, 2024Close Date
TBAAllotment Date
May 21, 2024Listing Date

Subscription Details

View Subscription Details
QIB / NII0.00x
Retail107.44x

Overall Subscription

Total Bids Received

143.09x

Updated: 10 Jul, 06:09 pm

ABS Marine Services Limited IPO Issue Details

Issue Price₹140-147 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share65,50,000 shares(aggregating up to ₹96.29 crore)
Listing AtNSE SME
Listing DateMay 21, 2024
RegistrarPurva Sharegistry India Pvt Ltd

Reservation Details

CategoryShares Offered%
NII9,22,00014.08%
QIB12,28,00018.75%
Anchor18,41,00028.11%
Market Maker4,10,0006.26%

Company Information

ABS Marine Services Limited was established in October 1992. It undertakes offshore vessel management and has five vessels in its possession as of December 31, 2023. They are comprised of two state-of...

Valuations

EPS (Pre-IPO)

5.68

EPS (Post-IPO)

9.79

P/E (Pre-IPO)

25.9

P/E (Post-IPO)

15.02

RoNW

20.10%

P/B Value

2.26

Objectives of the Issue

  1. 1Acquistion of off shore vessel
  2. 2Funding the working capital requirements of the Company
  3. 3General corporate purposes.

ABS Marine Services Limited – Promoter(s)

Capt. P B Narayanan
Shreelatha Narayanan
Arathi Narayanan
Capt. Jeevan Krishnan Sanjeevan

Contact Details

Corporate Office

Flat No. 3, Anugraha Foundation, No. 15, Valliammal Road, Vepery, Chennai – 600007

044-42914135

cs@absmarine.com

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Registrar Contact

Purva Sharegistry India Pvt Ltd

+91-022-23018261/ 23016761

newissue@purvashare.com

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ABS Marine Services Limited IPO Documents

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