Markolines Traffic Controls Limited IPO

Markolines Traffic Controls Limited IPO Review

The organization’s activities are for the most part partitioned into-Highway Operations (counting Toll tasks, Route Patrolling, and Incident administration), Highway Maintenance (counting e Routine Maintenance, Preventive Maintenance and Major Maintenance and Repairs (MMR)), and Specialized Maintenance Services (counting Microsurfacing (MS), Base/Sub base Stabilization (FDR) and Cold In Place Recycling (CIPR)). 

Since 2002, the organization has executed over 90+ Highway Operations and Maintenance (O&M) projects. As of August21, the organization has around 285.71 km of Major Maintenance and Repairs projects for National Highways in the country. The organization likewise has around 943.31 km of Toll Operations, Routine Maintenance, and Route Patrolling projects, for National Highways the nation over. Significant support adds to over 80% of the organization’s incomes.

Subscription Dates15 – 20 September 2021
Price BandINR78 per share
Fresh issue5,128,000 shares (INR40 crore)
Offer For SaleNil
Total IPO size5,128,000 shares (INR40 crore)
Minimum bid (lot size)1,600 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform

 

FY2019

FY2020

FY2021

Revenue

73.49

171.54

157.97

Expenses

69.86

161.00

151.17

Net income

2.52

7.19

4.28

Net margin (%)

3.4

4.2

2.7

Earnings Per Share (EPS): INR3.06
Price/Earnings (PE ratio): 25.49
Return on Net Worth (RONW): 17.56%
Net Asset Value (NAV): INR17.42 per share

Listing Performance of Markolines Traffic Controls Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Markolines Traffic Controls Limited

 

Sep 27, 2021

78

65.3

-16.28%

NSE : NA

BSE : NA

ISIN CODE : INE0FW001016

IPO Opening Date: 15 September 2021
IPO Closing Date: 20 September 2021
Finalisation of Basis of Allotment: 23 September 2021
Initiation of refunds:
 27 September 2021
Transfer of shares to demat accounts:
 27 September 2021
Listing Date
: 28 September 2021
Opening Price on BSE SME: Coming soon
Closing Price on BSE SME: Coming soon

Markolines Traffic Controls Limited
502, A Wing, Shree Nand Dham,
Sector 11, CBD Belapur
Navi Mumbai – 400614
Phone: +91 22 6266 1111
Email: : company.secretary@markolines.com
Website: 
www.markolines.com

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis Makwana Road Marol, Andheri (East), Mumbai – 400059
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com

DaySubscription (no. of times)
Day 10.97
Day 21.08
Day 31.44
Day 42.07

Markolines Traffic Controls Limited IPO FAQ's

The Markolines Traffic Controls Limited is a SME IPO of ₹78 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 5,128,000 equity shares of ₹10 (aggregating up to ₹40.00 Crore). The initial public offering (IPO) begins on Sep 16, 2021 and ends on Sep 20, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Markolines Traffic Controls Limited IPO opens on Sep 15, 2021 and closes on Sep 20, 2021. The IPO Issue date is Sep 28, 2021.

The Markolines Traffic Controls Limited IPO Market lot size is 1600 Shares and the minimum order quantity is 1600 Shares.

The finalization of Basis of Allotment for Markolines Traffic Controls Limited IPO will be done on Sep 23, 2021 and the allotted shares will be credited to your demat account by Sep 27, 2021. Check the Markolines Traffic Controls Limited IPO status.

 The Markolines Traffic Controls Limited IPO listing date is Sep 28, 2021.

Markolines Traffic Controls Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Markolines Traffic Controls Limited IPO Comments