Marinetrans India IPO

Marinetrans India Limited

₹1,04,000 /4000 sharesMinimum Investment

Marinetrans India IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹26.00₹30.00₹4.00 (15.38%)

Marinetrans India IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
30 Nov ‘23 - 5 Dec ‘23₹1,04,0004,000₹26 - ₹26
Issue SizeIPO Doc
10.92Cr
RHP PDF

About the company

Marinetrans India, originally established as a freight forwarder, later expanded its services to include door-to-door delivery and 3PL services through informal arrangements with third-party providers. The company offers a wide range of transport management and freight-related services covering sea and air freight. In addition, Marinetrans India has informal partnerships with various intermediaries to provide ancillary services like Transportation, Multimodal Transportation, Project cargo handling, Third Party Logistics, Packaging, loading/unloading, and unpacking. Marinetrans India operates from its Head office in Navi Mumbai, Maharashtra, and has a branch in Ahmedabad, Gujarat. The company primarily operates through key locations such as JNPT, Nhava Sheva, Mundra, Kandla, Chennai, Vizag, and others, facilitating cargo transportation from any location in India to destinations worldwide. The company plays a crucial role in obtaining and confirming Sales Booking Requests, confirming Shipping Lines, ensuring Direct Customer Transport, managing stuffing, overseeing transportation in docks, and coordinating with customers until the delivery of goods. ;
Founded in
2004
Managing director
Mr. Tiraj Kumar Babu Kotian
Parent organisation
Marinetrans India Limited

Strength and risks

Strengths
Risks
Marinetrans India possesses competitive advantages in risk management. As a part of the JCtrans Agency Network and Co-operative Logistics Network, the company can collaborate with fellow members across different locations.
This network affiliation allows Marinetrans India to offer third-party Door to Door Shipments efficiently, seamlessly connecting exporters with consignees.
The company claims a qualified and experienced management team, a valuable asset crucial for efficient operations.
Maintaining strong supplier relationships is a priority for the organization, emphasizing trust and understanding. These relationships lead to preferential treatment, faster response times, and customized solutions. Marinetrans India negotiates favorable supply terms, ensuring cost efficiency and market competitiveness.
Customer satisfaction is a core principle for Marinetrans India, demonstrated through timely delivery, competitive pricing, and a commitment to getting things right first. This customer-centric approach, combined with continuous process evaluation and improvement, fosters loyalty and differentiation in the market.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular26 - 26₹2 Lakh
High Networth Individual26 - 26₹2 - 5 Lakh
For Marinetrans India IPO, eligible investors can apply as Regular.
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