ABS Marine Services Ltd.
Industry:
Shipping
Issue Details
Open Date
10 May 2024Close Date
15 May 2024Size (in Crs.)
96.285
Size (Shares)
-Listing On
NSE
Issue Terms
Price Range
-7Lot Size
1000
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
1. Acquistion of off shore vessel.2. Funding the working capital requirements of our Company.3. General corporate purposes.
Description
Our Company was started by our diligent promoter, Capt. P B Narayanan, a person with long experience of more than4 decades in the Shipping Industry. Our company started operations with two offshore vessel management and as ofthe 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 specialisedmultipurpose offshore vessel serving the Oil & Gas Sector. In addition,... Show More
Address
Flat No. 3, Anugraha Foundation , No. 15, Valliammal Road , Vepery
Chennai
600007
Promoter Holding
Promoters:
Arathi Narayanan, Jeevan Krishnan Sanjeevan, P B Narayanan, Shreelatha Narayanan
Total Share Capital
15570000
Offered to Public
6700000
% Promoter's Holding (Pre-Issue)
86.5
% Promoter's Holding (Post-Issue)
63.42
Shares on offer
Total Share Offer
15570000
Of above offred to public
6700000
Post Issue shares
NA
Post Issue Promoters
63.42
Lead Managers to the Issue:
GYR Capital Advisors Pvt Ltd.
Registrar Details
Registrar Name:
Purva Shareregistry (India) Pvt Ltd
Address
Gala No 9 , Shiv Shakti, Industrial Estate,Sitaram Mill Comp. , J R Boricha Marg, Lower Parel [E] , Mumbai
400011