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ABS Marine Services IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in Chennai and caters to Logistics sector. GYR Capital Advisors is the merchant banker of ABS Marine Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 9th February 2024.
ABS Marine Services IPO open date is 10th May 2024 and close date is 15th May 2024. IPO Allotment Date is 16th May 2024 and Listing date is 21st May 2024.
IPO
Size:
₹ 96.29 Cr.
Avg IPO Size (Sector Based)
: ₹
25.01 cr.
Sector: Logistics
SME
IPO so far:
48
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Chennai
SME
IPO so far:
30
Revenue (annualised):
₹
138.01
cr. 
PE
Ratio:
15.32x
Average Sector PE Ratio: 15.95x
ABS Marine Services IPO size is ₹ 96.29 Cr. with IPO price of ₹ 147.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
GYR Capital Advisors Private Limited is the book-running lead manager of the ABS Marine Services IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for ABS Marine Services IPO.
ABS Marine Services IPO anchor investors are the below investors. The number of anchor investors in this IPO is 9.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| HDFC BANK LIMITED | 340,000.00 | ₹ 147.00 | ₹ 49,980,000.00 |
| Capri Global Capital | 273,000.00 | ₹ 147.00 | ₹ 40,131,000.00 |
| NORTH STAR OPPORTUNITIES | 202,000.00 | ₹ 147.00 | ₹ 29,694,000.00 |
| Antara India Evergreen | 137,000.00 | ₹ 147.00 | ₹ 20,139,000.00 |
| Moneywise Financial Services | 137,000.00 | ₹ 147.00 | ₹ 20,139,000.00 |
| Kingsman Wealth Fund | 137,000.00 | ₹ 147.00 | ₹ 20,139,000.00 |
| India Equity Fund | 69,000.00 | ₹ 147.00 | ₹ 10,143,000.00 |
| Rajasthan Global Securities | 273,000.00 | ₹ 147.00 | ₹ 40,131,000.00 |
| LRSD Securities Private | 273,000.00 | ₹ 147.00 | ₹ 40,131,000.00 |
ABS Marine Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
ABS Marine Services IPO, based in Chennai, operates in the Logistics sector with a focus on providing offshore vessel management, crew management and other seafarer/port related services.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. ABS Marine Services IPO size is ₹ 96.29 Cr. with fresh issue size of ₹ 96.29 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for ABS Marine Services IPO is expected to be 16th May 2024, after the finalization of basis of allotment. Investors can check ABS Marine Services IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. ABS Marine Services IPO refund dates are 17th May 2024.
ABS Marine Services IPO is expected to be listed on 21st May 2024.
The upper price band for the ABS Marine Services IPO is set at ₹ 147.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on ABS Marine Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the ABS Marine Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 15th May 2024. After submission, funds are blocked until the basis of allotment of ABS Marine Services IPO is finalised.
The merchant banker for ABS Marine Services IPO is GYR Capital Advisors Private Limited . GYR Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the ABS Marine Services IPO RHP for further details.
The registrar for ABS Marine Services IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to ABS Marine Services IPO through their official website or helpline.
ABS Marine Services IPO was subscribed 144.44 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 96.29 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.01 Cr.
Sector: Logistics
SME
IPO so far:
48
Merchant Banker:
GYR Capital
SME
IPO by BRLM so far:
39
City:
Chennai
SME
IPO so far:
30
Revenue (annualised):
₹ 135.16 cr.
PE
Ratio:
15.32x
Average Sector PE Ratio: 15.95x
ABS Marine Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on ABS Marine Services Financial Review Page
Merchant Banker(s) of ABS Marine Services IPO: GYR Capital Advisors Private Limited
ABS Marine Services IPO subscription was 144.44 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
ABS Marine Services IPO listed at a listing price of 279.30 against the offer price of 147.00.
The current market price of ABS Marine Services is 117.15.
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