ABS Marine Services Limited IPO
₹140 - ₹147
1000
N/A
| Open Date: | 10-May-2024 |
| Close Date: | 15-May-2024 |
| Allotment Date: | 16-May-2024 |
| Listing Date: | 16-May-2024 |
| Listing Price: | N/A |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹140-147 Per Equity Share |
| Issue Size: | Total Issue Size 6,550,000 shares (aggregating up to ₹96.29 Cr) : Fresh Issue 6,550,000 shares (aggregating up to ₹96.29 Cr) |
| Market Lot (Min Amount): | Retail - ₹147,000 : HNI - ₹294,000 |
| Earning Per Share(EPS) | ₹13.09/- |
| P/E Ratio | 11.23 |
| RoNW | 20.10% |
| Net Asset Value (NAV) - Post Issue: | ₹N/A/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Mar,2024 | 18,480.99 | 13,801.89 | 2,355.41 |
| 31 Mar,2022 | 17,552.50 | 11,380.78 | 952.74 |
| 31 Mar,2021 | 16,663.28 | 8,283.98 | 809.43 |
| Pre Issue Share Holding | 86.50% |
| Post Issue Share Holding | 63.42% |
| 1. Capt. P B Narayanan |
| 2. Shreelatha Narayanan |
| 3. Arathi Narayanan |
| 4. Capt. Jeevan Krishnan Sanjeevan |
The Company proposes to utilise the Net Proceeds towards funding the following objects
- Acquistion of off shore vessel
- Funding the working capital requirements of the Company; and
- General corporate purposes.
Founded in October 1992, ABS Marine Services Limited manages offshore vessels and owns five vessels as of December 31, 2023. These include two modern offshore vessels for the oil and gas sector and three harbour vessels for the Indian port sector.
The company is divided into four divisions: Ship Ownership, Ship Management, Marine Services, and Port Services.
The company currently manages a total of 12 vessels for the government, public companies, private companies and port authorities (as of December 31, 2023). It also provides crew management services for 24 other vessels, including oil tankers, gas carriers, bulk carriers, passenger ships and high-speed vessels.
The company owns a fleet of vessels that are fully chartered, managed and manned. These vessels are equipped with state-of-the-art DP-2 multipurpose offshore supply vessels, anchor handling supply vessels, multidisciplinary marine research vessels, coastal research vessels, oceanographic fisheries research vessels, bulk carriers, gas tankers, oil tankers, passenger vessels, high speed craft and harbour vessels.
The company has offices in Mumbai and Chennai, India's two largest cities, as well as a branch office in Cochin and a satellite office in Kakinada. In addition, as of December 31, 2023, the company has a network of more than 40 in-house professionals to support it in its work.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
If you are agree with app tems and condition to use the app.
Thank you.