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Markolines Traffic Controls Limited IPO (Markolines Traffic Controls IPO) Detail

Sep 15, 2021 - Sep 20, 2021

Incorporated in 2002, 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

Competitive Strengths

  • One of the few Highway (O&M) service providing companies in India with a diversified portfolio of services.
  • Proven track record of winning, developing, and operating projects successfully.
  • Efficient business model and quality service delivery.
  • Established brand reputation.
  • Significant growth and improvement in order bookings.
  • Strong experienced management.

Competitive Strengths

  • One of the few Highway (O&M) service providing companies in India with a diversified portfolio of services.
  • Proven track record of winning, developing, and operating projects successfully.
  • Efficient business model and quality service delivery.
  • Established brand reputation.
  • Significant growth and improvement in order bookings.
  • Strong experienced management.

Company Promoters:

Mr. Sanjay Bhanudas Patil And Mr. Karan Atul Bora are the company promoters.

Company Financials:

Summary of financial Information (Restated Standalone)
Particulars For the year/period ended (₹ in Lakhs)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 10,751.99 9,029.24 7,315.17
Total Revenue 15,796.52 17,154.49 7,348.54
Profit After Tax 427.59 718.62 251.51

Objects of the Issue:

  • Prepayment/Repayment of certain debt facilities availed by our company.
  • To Meet Working Capital requirements.
  • General Corporate purposes.

Markolines Traffic Controls IPO Details

IPO Opening Date Sep 15, 2021
IPO Closing Date Sep 20, 2021
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹78 per equity share
Market Lot 1600 Shares
Min Order Quantity 1600 Shares
Listing At BSE SME
Issue Size5,128,000 Eq Shares of ₹10
(aggregating up to ₹40.00 Cr)

Markolines Traffic Controls IPO Tentative Timetable

The Markolines Traffic Controls IPO open date is Sep 15, 2021, and the close date is Sep 20, 2021. The issue may list on Sep 27, 2021.

IPO Open Date Sep 15, 2021
IPO Close Date Sep 20, 2021
Basis of Allotment Date Sep 23, 2021
Initiation of Refunds Sep 27, 2021
Credit of Shares to Demat Account Sep 27, 2021
IPO Listing Date Sep 27, 2021

Markolines Traffic Controls IPO Lot Size

The Markolines Traffic Controls IPO market lot size is 1600 shares. A retail-individual investor can apply for up to 1 lots (1600 shares or ₹124,800).

Application Lots Shares Amount (Cut-off)
Minimum 1 1600 ₹124,800
Maximum 1 1600 ₹124,800

Markolines Traffic Controls IPO Promoter Holding

Pre Issue Share Holding 100%
Post Issue Share Holding

Markolines Traffic Controls IPO Subscription Status (Bidding Detail)

The Markolines Traffic Controls IPO is subscribed 2.18 times on Sep 20, 2021 06:53. The public issue subscribed 1.57 in the retail category, in the QIB category, and 2.78 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII

2.78

RII

1.57

Total

2.18

Markolines Traffic Controls IPO Prospectus

Markolines Traffic Controls IPO Rating

137
3.8
Rating:Rated 3.8 stars
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Markolines Traffic Controls IPO Listing Date

Listing Date Monday, September 27, 2021
BSE Script Code 543364
NSE Symbol
Listing In MT Group of Securities
ISIN INE0FW001016
IPO Price ₹78 per equity share
Face Value ₹10 per equity share

Company Contact Information

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

Markolines Traffic Controls IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Markolines Traffic Controls IPO Reviews / Ratings

Markolines Traffic Controls IPO Lead Manager(s)

Markolines Traffic Controls IPO FAQs

Markolines Traffic Controls IPO is a SME IPO of 5,128,000 equity shares of the face value of ₹10 aggregating up to ₹40.00 Crores. The issue is priced at ₹78 per equity share. The minimum order quantity is 1600 Shares.

The IPO opens on Sep 15, 2021, and closes on Sep 20, 2021.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Markolines Traffic Controls IPO using UPI as a payment gateway. Zerodha customers can apply in Markolines Traffic Controls IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Markolines Traffic Controls IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Markolines Traffic Controls IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Markolines Traffic Controls IPO opens on Sep 15, 2021 and closes on Sep 20, 2021.

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

You can apply in Markolines Traffic Controls IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Markolines Traffic Controls 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 IPO allotment status.

The Markolines Traffic Controls IPO listing date is on Monday, September 27, 2021.

Markolines Traffic Controls IPO Message Board

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