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Markolines Traffic Controls Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed BSE SME SME Live Chart
Issue Price
₹78
Per Share
GMP
NIL
Grey Market
Est. Listing
₹78
Expected Price
Min. Application
₹249,600
2 lots × 1600 shares
IPO Issue Details
Issue Price / Price Band₹78 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size51,28,000 shares (aggregating up to ₹40.00 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenWed, 15 Sep 2021
Subscription CloseMon, 20 Sep 2021
Anchor AllotmentTue, 14 Sep 2021
Basis of AllotmentThu, 23 Sep 2021
Initiation of RefundsMon, 27 Sep 2021
Credit of Shares to DematMon, 27 Sep 2021
Listing DateMon, 27 Sep 2021
UPI Mandate Deadline2021-09-20
Application & Investment Details
Retail — Min (1 Lots)₹1,24,800 — 1,600 shares
Retail — Max (13 Lots)₹1,622,400 (13 Lots)
HNI — Min (2 Lots)₹2,49,600 — 3,200 shares
Net Offer to Public48,70,400 shares (aggregating up to ₹37.99 Cr)
Reserved for Market Maker2,57,600 shares (aggregating up to ₹2.01 Cr)
Pre-IPO Promoter Holding1,39,79,520 shares
Post-IPO Promoter Holding1,91,07,520 shares
About Markolines Traffic Controls Ltd.

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 revenuesCompetitive StrengthsOne 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 StrengthsOne 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.

Objects of the Issue

Markolines Traffic Controls Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
1 Prepayment / Repayment of certain debt facilities availed by our company
3.80
2
2 Funding of Working Capital Requirements of our company
23.20
3
3 General Corporate Purposes
9.00
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,39,79,520 shares
Post-IPO Promoter Holding 1,91,07,520 shares
Check AllotmentCheck Status →
Markolines Traffic Controls Ltd. — Live Price LIVE
₹78.00
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Issue ₹78.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹78
GMPNIL
Est. Listing₹78
Lot Size1,600 shares
Min Amount₹249,600
Listing Date27 Sep 2021
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹78
Listing Date27 Sep 2021
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 257,600 ₹2.01 Cr
TOTAL 5,128,000 100.00% ₹40.00 Cr
* Based on ₹78.00 (upper price band)
Lot Size & Investment Details
Lot Size
1,600
Shares
Issue Price
₹78.00
Per Share
Min Investment
₹124,800
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 1,600 ₹124,800
Retail (Max) 13 20,800 ₹1,622,400
sNII (Min) 14 22,400 ₹1,747,200
bNII (Min) 68 108,800 ₹8,486,400
Company Financials — Restated Consolidated (Amount in Lakhs)
Particulars31-Mar-2131-Mar-2031-Mar-19
Revenue from Operations 15796.52 17154.49 7348.54
EBITDA N/A N/A N/A
Profit After Tax (PAT) 427.59 718.62 251.51
Net Worth N/A N/A N/A
Total Assets 10751.99 9029.24 7315.17
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹78
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Markolines Traffic Controls Ltd.
Exchange
BSE SME
IPO Type
SME IPO
Issue Type
Fixed Price IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
502, A Wing, Shree Nand Dham, Sector 11, CBD Belapur Navi Mumbai - Mumbai, Maharashtra, 400614
Book Running Lead Managers
Gretex Corporate Services Ltd.
Book Running Lead Manager (BRLM)