31 Mar 2022
Assets166.63
Total Income82.84
Profit After Tax8.09
NET Worth83.70
Reserves and Surplus83.69
Total Borrowing61.15
At a glance
Updated 2026-09-14The shares listed at ₹294.00, a 100.00% move from the issue price. ABS Marine Services is a SME IPO with an issue size of ₹96.29 crore, proposed for listing on NSE SME. The offer opens on 10th May 2024 and closes on 15th May 2024. The issue structure includes a fresh issue of ₹90.26 crore. The current listing schedule points to 21st May 2024.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹96.29 Cr
Fresh issue₹90.26 Cr
Face value₹10
Price band₹140.00–₹147.00
Allotment16th May 2024
Listing21st May 2024
Listing performance
Full performance ↗Issue price₹147.00
Listing price₹294.00
Current price—
Listing gain100.00%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹115.00
GMP / upper price78.23%
Est. listing₹262.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens10th May 2024
Closes15th May 2024
Allotment16th May 2024
Refund17th May 2024
Demat17th May 2024
Listing21st May 2024
Subscription demand
Full bidding ↗Total144.44×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1000 | ₹147,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Acquistion of offshore vessel | ₹55.00 Cr |
| Funding the working capital requirements of the Company | ₹25.00 Cr |
| General corporate purposes | ₹11.29 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue138.02₹ Cr · +21.3% vs prior year
PAT23.55₹ Cr · +147.1% vs prior year
Assets184.81₹ Cr · +5.3% vs prior year
Net Worth117.17₹ Cr · +25.3% vs prior year
Borrowing45.68₹ Cr · -6.1% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2023
Assets175.53
Total Income113.81
Profit After Tax9.53
NET Worth93.52
Reserves and Surplus93.51
Total Borrowing48.66
31 Mar 2024
Assets184.81
Total Income138.02
Profit After Tax23.55
NET Worth117.17
Reserves and Surplus99.17
Total Borrowing45.68
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROCE | 18.67% |
| Debt / Equity | 0.39% |
| RoNW | 20.10% |
| PAT Margin | 18.41% |
| Price to Book Value | 2.26 |
Valuation & shareholding
Pre-IPO EPS13.09
Post-IPO EPS9.59
Pre-IPO P/E11.23
Post-IPO P/E15.32
Promoter holding pre86.5%
Promoter holding post63.42%
Market cap₹360.88 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| ABS Marine Services IPO | — | 15.32 x | — | — |
| Sampark India IPO | — | 11.86 x | — | — |
| Global Ocean IPO | — | 16.53 x | — | — |
| Neptune Logitek IPO | — | 17.90 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Issue Management fees including Merchant Banking fees, Underwriting fees and payment to other intermediaries such as Legal Advisors, Registrars and other out of pocket expenses | ₹3.61 Cr |
| Advertising and Marketing Expenses | ₹1.00 Cr |
| Fees payable to the stock exchange(s) | ₹0.15 Cr |
| Printing & Stationery, Distribution, Postage, etc. | ₹0.09 Cr |
| Brokerage and selling commission (1) (2) (3) | ₹0.15 Cr |
Registrar & lead managers
Registrar
Purva Sharegistry (India) Pvt.Ltd.Lead managers
- GYR Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-14.
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