The allotment status for the ₹52.63 crore Fly-Hi Maritime Travels IPO is likely to be announced today, September 4, 2026. Investors can check their IPO allotment status on the official websites of the BSE and the IPO registrar, KFin Technologies Limited.
Following the completion of the allotment process, the shares are likely to be listed on the BSE SME platform on September 8, 2026.
Explore other Upcoming IPOs on BSE and NSE.
[September 3, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Non-Institutional Investors (NIIs) |
0.58x |
|
Retail Individual Investors (RIIs) |
3.66x |
|
Total |
2.12x |
The company intends to utilise the net proceeds from the fresh issue towards:
Fly-Hi Maritime Travels Limited is an IATA-accredited crew travel management company that provides end-to-end travel solutions for commercial shipping companies. The company coordinates international airline bookings, visa and immigration support, hotel stays, ground transportation, and boarding documentation to ensure seafarers reach their designated ports on schedule. Operating across multiple countries, it creates tailored travel itineraries for multinational crews while providing 24/7 support to minimise disruptions to vessel operations.
The company follows a centralized, asset-light operating model from its Mumbai headquarters, supported by direct partnerships and third-party travel aggregators for airlines, hotels, car rentals, and transfer services. It also works with a distributor in the UAE to serve international clients and counts several leading global shipping companies among its customer base.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
62.04 |
45.40 |
45.08 |
|
EBITDA |
12.49 |
5.27 |
2.68 |
|
Profit After Tax (PAT) |
8.43 |
3.44 |
1.82 |
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