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Markolines Traffic Controls Limited IPO

Markolines Traffic Controls Limited IPO

IPO Date :
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Allotment Date :
Listing Date :
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Listed Price: ₹ 62.20 (-20.26%)

Markolines Traffic Controls Limited's completed its IPO journey with a successful listing on BSE on 28-09-2021. The public offering mobilized 51,28,000 Shares in total capital, comprising TBD in fresh equity.

The offering was conducted within the price band of ₹78 to ₹78, with minimum application lots of 1600 shares. Investor participation during the 15-09-2021 to 20-09-2021 subscription window determined the final allocation pattern.

The basis of allotment was announced on 23-09-2021, finalizing share distribution to successful applicants. The listing represents a significant corporate development, providing the company with enhanced visibility and access to public capital markets.

Markolines Traffic IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Markolines Traffic IPO Key Performance Indicator
Company Financials ( In Lakhs )

Markolines Traffic IPO About Company

Incorporated in 2002, Markolines Traffic Controls Limited (NPST) provides highway operations and maintenance services across India. Its operations cover toll management, route patrolling, incident management, routine and preventive maintenance, major repairs, and specialized services like microsurfacing, base stabilization, and cold in-place recycling. Since inception, the company has executed over 90 O&M projects and, as of August 2021, manages around 285.71 km of major maintenance and 943.31 km of toll, routine maintenance, and patrolling projects on national highways, with major maintenance accounting for over 80% of its revenue.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Markolines Traffic IPO Strength Factors

  1. Highway Service Provider: One of the few companies in India offering diversified O&M services.
  2. Proven Track Record: Successful in winning, developing, and operating projects.
  3. Efficient Operations: Delivers quality services through an optimized business model.
  4. Established Brand: Well-recognized reputation in the industry.
  5. Growing Order Book: Significant increase in project bookings.
  6. Experienced Management: Led by a strong and capable leadership team.

Markolines Traffic IPO Risk Factors

NA


Markolines Traffic IPO Lead Manager(s)

  • Gretex Corporate Services Limited

Markolines Traffic IPO Promoter(s)

  1. Mr. Sanjay Bhanudas Patil
  2. Mr. Karan Atul Bora

Markolines Traffic IPO Company Details

Markolines Traffic Controls Limited
Phone:
address:

Markolines Traffic IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Markolines Traffic IPO FAQs