Markolines Traffic Controls Limited IPO
BSE SME₹124,800 / 1600 Shares
Markolines Traffic Controls Limited IPO Details
The Markolines Traffic Controls Limited IPO price band is set between ₹78 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the BSE SME.
The IPO date for subscription opens on 15 Sep, 2021 and closes on 20 Sep, 2021. Investors can check the allotment status on 23 Sep, 2021, while the listing date is tentatively scheduled for 28 Sep, 2021.
The total issue size is 5,128,000 Eq Shares of ₹10 , aggregating up to ₹40.00 Cr. Stay tuned for the latest Markolines Traffic Controls Limited IPO review and GMP updates.
Markolines Traffic Controls Limited IPO Review, Rating & Analysis
Markolines Traffic Controls Limited IPO Review
NO REVIEWMarkolines Traffic Controls Limited IPO Rating
Markolines Traffic Controls Limited IPO Highlights
IPO Date
Sep 15, 2021 - Sep 20, 2021
Listing Date
28 Sep, 2021
Face Value
₹10 Per Equity Share
Price Band
₹78 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE SME
Markolines Traffic Controls Limited IPO Lot Size
The minimum market lot for Markolines Traffic Controls Limited IPO is 1600 shares with an application amount of ₹1,24,800. Retail investors can apply for up to 1 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,24,800 |
| Retail (Max) | 1 | 1600 | ₹1,24,800 |
| S-HNI (Min) | 2 | 3200 | ₹2,49,600 |
| S-HNI (Max) | 8 | 12800 | ₹9,98,400 |
| B-HNI (Min) | 9 | 14400 | ₹11,23,200 |
Markolines Traffic Controls Limited IPO Timeline
Issue Price
₹78 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Pvt LtdLead Manager
Gretex Corporate Services Pvt LtdIssue Size
5,128,000 Eq Shares of ₹10 (aggregating up to ₹40.00 Cr)Markolines Traffic Controls Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 21 | 107.51 | 157.96 | 4.27 | - | - | - |
| 31 Mar 20 | 90.29 | 171.54 | 7.18 | - | - | - |
| 31 Mar 19 | 73.15 | 73.48 | 2.51 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Sanjay Bhanudas Patil
- Mr. Karan Atul Bora
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 100% | 73.16% |
About Company
Markolines Traffic Controls Limited (NPST) is a Highway Operations & Maintenance (O&M) Service providing company. The company’s operations are mainly divided into-Highway Operations (including Toll operations, Route Patrolling, and Incident management), Highway Maintenance (including e Routine Maintenance, Preventive Maintenance and Major Maintenance & Repairs (MMR)), and Specialized Maintenance Services (including Microsurfacing (MS), Base / Sub base Stabilization (FDR) and Cold In Place Recycling (CIPR)).
Since 2002, the company has executed over 90+ Highway Operations & Maintenance (O&M) projects. As of Aug’21, the company has around 285.71 km of Major Maintenance & Repairs projects for National Highways in the country. The company also has around 943.31 km of Toll Operations, Routine Maintenance, and Route Patrolling projects, for National Highways across the country. Major maintenance contributes to more than 80% of the company’s revenues
Markolines Traffic Controls Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,435,200 | 2,435,200 | 4,870,400 |
Day 1 -15-09-21 05:00 PM | 1.94 x | 0.10 x | 1.02 x |
Day 2 -16-09-21 05:00 PM | 1.96 x | 0.32 x | 1.14 x |
Day 3 -17-09-21 05:00 PM | 2.37 x | 0.66 x | 1.51 x |
Day 4 -20-09-21 05:00 PM | 2.78 x | 1.57 x | 2.18 x |
Frequently Asked Questions about Markolines Traffic Controls Limited IPO IPO
When will Markolines Traffic Controls Limited IPO open for subscription?
The Markolines Traffic Controls Limited IPO opens on 15 Sep, 2021 and closes on 20 Sep, 2021.
What is the investors portion for Markolines Traffic Controls Limited IPO?
The investors' portion for QIB is , NII is N/A, and Retail is 2435200.
How to apply for Markolines Traffic Controls Limited IPO?
You can apply for Markolines Traffic Controls Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Markolines Traffic Controls Limited IPO?
The issue size of Markolines Traffic Controls Limited IPO is approx ₹5,128,000 Eq Shares of ₹10 (aggregating up to ₹40.00 Cr) crores.
What is the price band of Markolines Traffic Controls Limited IPO?
The price band for Markolines Traffic Controls Limited IPO is ₹78 per equity share to ₹undefined.
What is the lot size of Markolines Traffic Controls Limited IPO?
The minimum bid (lot size) for Markolines Traffic Controls Limited IPO is N/A shares with an investment of approx ₹124,800 .
What is the allotment date of Markolines Traffic Controls Limited IPO?
The allotment date for Markolines Traffic Controls Limited IPO is 23 Sep, 2021.
What is the listing date of Markolines Traffic Controls Limited IPO?
The listing date for Markolines Traffic Controls Limited IPO is expected to be 28 Sep, 2021.
What is the GMP of Markolines Traffic Controls Limited IPO?
The latest Grey Market Premium (GMP) for Markolines Traffic Controls Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.