Open Date
Listing Date
Close Date
Allotment Date
21 May 24
16 May 24
15 May 24
10 May 24
Lot Size
1000 shares
IPO Size
₹96.28 Cr
Price Range
₹140 to ₹147
Min. Investment
₹1,40,000
1. The company has established a brand name and reputation for itself. 2. It operates and manages a diversified fleet. 3. It has a proven ability to acquire vessels at optimal prices and deploy vessels. 4. The company focuses on quality in-house management of operations and cost-competitive vessel management. 5. It is also well-positioned to grow fleet size to take advantage of India’s growth. 6. Experienced Promoters and management team.
1. Underutilisation of the largest vessels can affect the cash flows. 2. An increase in fuel prices or other operating costs can impact the business. 3. The company is subject to extensive regulation and potentially substantial liability. 4. It has reported negative cash flow in the past. 5. It operates in a highly competitive industry. 6. High working capital requirements.
To apply for ABS Marine Services IPO, follow the steps given below • Login to your 5paisa account and select the issue in the current IPO section • Enter the number of lots and the price at which you wish to apply for the ABS Marine Services IPO. • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange. You will receive a mandate notification to block funds in your UPI app.
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