Sensex
83,432.89 profit arw 193.42 (0.23%)
Nifty
25,461.00 profit arw 55.70 (0.22%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
IPO

IPO Details


ABS Marine Services Ltd
Registered Office: Flat # 3 Anugraha Foundation, # 15 Valliammal Road Vepery, Chennai - 600007, Tamil Nadu
Phone: +044 4291 4135/155
Email: cs@absmarine.com
Website: www.absmarine.com
Public issue of 65,50,000 equity shares* of face value Rs. 10 each ("Equity Shares") of ABS Marine Services Limited ("The Company" or the "Issuer") for cash at a price of Rs. 147 per equity share (including a securities premium of Rs. 137 per equity share) ("Issue Price"), aggregating up to Rs. 96.27 crores (the "Issue"). 4,10,000 equity shares aggregating to Rs. 6.03 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 61,40,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 147 per equity share aggregating to Rs. 90.26 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.68 % and 25.01 % respectively of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10 and issue price is Rs. 147. The issue price is 14.7 times of the face value of the equity share.
Issue Money Payable On
Opens On Closes On Application Allotment
10-May-2024 15-May-2024 ₹ 147.00 ₹ 0.00
Minimum Application for shares in Nos : 1000.0 Further Multiples of : 1000.0
(₹)Cr. Lead Managers to the Issue
Project Cost 91.29 GYR Capital Advisors Pvt Ltd
Project Financed through Current Offer 96.29
Post Issue Equity Share Capital 24.55
Issue Price ₹147.00
Projects
Acquisition of offshore vessel
Funding the working capital requirements of the company
General corporate purposes
Promoted By
P B Narayanan
Shreelatha Narayanan
Arathi Narayanan
Listing At
NSE - SME
Registrar to the Issue
No Data Available

INDIAN INDICES

Sensex

83,432.89 193.42 (0.23%)

Nifty

25,461.00 55.70 (0.22%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

23,916.07 -153.88(-0.64%)