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ABS Marine Services Limited

  • Minimum Investment
    ₹1,40,000
  • Price Range
    ₹140 - ₹147
  • Issue Size
    ₹96.29 Cr
  • Lot Size
    1000 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Acquistion of off shore vessel

Funding the working capital requirements of te company

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of ABS Marine Services Limited

Established brand name

Since starting its operations in 1992, the company has established a strong reputation and built solid customer relationships with various public sector undertakings and government entities

Diversified fleet

The company's fleet, which it fully owns, charters, manages, and crews, includes state-of-the-art DP-2 multipurpose offshore supply vessels, anchor handling towing supply vessels, multidisciplinary ocean research vessels, coastal research vessels, fishery oceanographic research vessels, bulk carriers, gas tankers, oil tankers, passenger vessels, high-speed crafts, and harbour crafts. This diverse fleet allows the company to offer a wide range of maritime services

Well-positioned to grow

Since its inception in 1992, the company has expanded its business operations from management services to ship ownership and chartering, project management, and fire services. This diversification positions the company well to capitalize on the expected future growth of the Indian economy

Dependent on few clients

The company's business is heavily dependent on a few key clients who contribute the majority of its revenue from operations. Any loss of business from these clients could adversely affect the company's revenues and profitability

Volatile fuel cost

An increase in fuel prices or other operating costs could have an adverse impact on the company's profit margins

Negative cash flow

The company has experienced negative cash flow in the past and may continue to face negative cash flows in the future. This could have a material adverse effect on the business, prospects, financial condition, cash flows, and results of operations

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
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About ABS Marine Services Limited

ABS Marine Services was incorporated on October 27, 1992. The company began operations managing two offshore vessels. Currently, it owns five vessels, including two advanced offshore vessels servicing the oil and gas sector and three harbour crafts serving the Indian ports sector. Additionally, it has one long-term chartered specialised multipurpose offshore vessel for the oil and gas sector. ABS Marine Services also carries out total ship management for 12 vessels owned by the government, public sector undertakings, private companies, and port authorities. Furthermore, it provides crew management services to an additional 24 ships, which include oil tankers, gas tankers, bulk carriers, passenger vessels, and high-speed crafts.
  • Promoter
    P B Narayanan
  • Promoter
    Shreelatha Narayanan
  • Promoter
    Arathi Narayanan
  • Promoter
    Jeevan Krishnan Sanjeevan

ABS Marine Services Limited IPO FAQs

What is ABS Marine Services Limited IPO?

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ABS Marine Services Limited IPO refers to the initial public offering of shares by ABS Marine Services Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of ABS Marine Services Limited IPO?

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For ABS Marine Services Limited IPO the issue size is ₹96 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the ABS Marine Services Limited IPO?

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For ABS Marine Services Limited IPO the minimum investment is ₹1,40,000. The minimum investment for ABS Marine Services Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of ABS Marine Services Limited IPO?

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For ABS Marine Services Limited IPO the lot size is 1000 shares. The lot size of ABS Marine Services Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for ABS Marine Services Limited IPO on Share.Market?

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To apply for ABS Marine Services Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the ABS Marine Services Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for ABS Marine Services Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for ABS Marine Services Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of ABS Marine Services Limited IPO?

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For ABS Marine Services Limited IPO the allotment date is May 16, 2024. The allotment date of ABS Marine Services Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of ABS Marine Services Limited IPO?

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For ABS Marine Services Limited IPO, the subscription opens on May 10, 2024 and closes on May 15, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
143.03x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
143.03x Oversubscribed
Trade