ABS Marine Services IPO Subscription Status: ABS Marine Services IPO is Open on May 10, 2024 and Close on May 15, 2024. ABS Marine Services IPO to Raise 6,550,000 Shares (Approx ₹96.29 Cr) via IPO. The Fresh Issue of 6,550,000 Shares (Approx ₹96.29 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%.
ABS Marine Services IPO is an SME IPO and Listed on NSE SME. ABS Marine Services IPO Price Band is Fixed at ₹140 to ₹147 Equity Share. ABS Marine Services IPO Lot Size is 1000 Shares.
About ABS Marine Services IPO :
- ABS Marine Services Was Originally Incorporated 1992 As Our Company Was Started By Our Diligent Promoter, Capt. P B Narayanan, A Person With Long Experience of More Than 4 Decades In The Shipping Industry.
- Our Company Started Operations With Two Offshore Vessel Management And As Of The Date Of December 31, 2023 We Have 5 Owned Vessels Comprising Of 2 Advanced Offshore Vessels Servcing The Oil & Gas Sector & 3 Harbour Crafts Serving The Indian Ports Sector We Have One Long Term Chartered Specialised Multipurpose Offshore Vessel Serving The Oil & Gas Sector.
- Our Fully Owned, Chartered-In, Totally Managed & Crewed Fleet Includes State Of The Art DP-2 Multipurpose Offshore Supply Vessels, Anchor Handling Towing Supply Vessel, Multi-Disciplinary Ocean Research Vessels, Coastal Research Vessels, Fishery Oceanographic Research Vessel, Bulk Carriers, Gas Tankers, Oil Tankers, Passenger Vessels, High Speed Crafts & Harbour Crafts. Our Customers Are Primarily Comprised Of Government Of India, Large Industrial Concerns, Public Sector Undertakings, Port Authorities And Private Sector.
ABS Marine Services IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 1,228,000 | 13,42,17,000 | 109.30 |
| Non Institutional Buyers (NIIs) | 922,000 | 24,98,03,000 | 270.94 |
| Retail Individual Buyers (RIIs) | 2,149,000 | 23,69,10,000 | 110.24 |
| Anchor Investor | 18,41,000 | 18,14,000 | 1 |
| Market Maker | 4,10,000 | 4,10,000 | 1 |
| Total | 4,299,000 | 62,09,30,000 | 144.44 |
ABS Marine Services Subscription Status day-by-day-
| Categories | 10 May | 13 May | 14 May | 15 May |
|---|---|---|---|---|
| QIB | 1.27 | 1.28 | 4.82 | 109.30 |
| NII | 1.69 | 6.80 | 18.38 | 270.94 |
| RII | 2.28 | 9.87 | 26.05 | 110.24 |
| Total | 1.86 | 6.76 | 18.34 | 144.44 |
ABS Marine Services Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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