Markolines Traffic Controls Limited IPO

BSE SME

Listed On: Sep 28, 2021 at ₹ 62.20

₹ 124800 /1600 Shares

Check Allotment

IPO Details

15 Sep, 2021

Open Date

20 Sep, 2021

Close Date

23 Sep, 2021

Allotment Date

28 Sep, 2021

Listing Date

Issue Price

₹78 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

62.20

Listing Date

2021-09-28

Market Lot

1600 Shares (₹124,800/-)

Lead Manager

Gretex Corporate Services Pvt Ltd

Issue Size

5,128,000 Eq Shares of ₹10 (aggregating up to ₹40.00 Cr)

Retail Portion

N/A

Subscription

2.18 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	2,435,200	2,435,200	4,870,400
Day 1 - 15-09-21 05:00 PM	1.94 x	0.10 x	1.02 x
Day 2 - 16-09-21 05:00 PM	1.96 x	0.32 x	1.14 x
Day 3 - 17-09-21 05:00 PM	2.37 x	0.66 x	1.51 x
Day 4 - 20-09-21 05:00 PM	2.78 x	1.57 x	2.18 x

Valuations

Earnings Per Share (EPS)

₹2.24/-

P/E Ratio

34.86

RoNW

17.56%

Net Asset Value (NAV) - Post Issue

₹33.68/-

Company Financials All values are in ₹ Cr.

	31-Mar-21	31-Mar-20	31-Mar-19
Assets	107.51	90.29	73.15
Revenue	157.96	171.54	73.48
Profit After Tax	4.27	7.18	2.51

About The Company

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

- Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.16%

Company Promoter(s)

Mr. Sanjay Bhanudas Patil
Mr. Karan Atul Bora

IPO - Issue Objectives

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

IPO - FAQs

Ans. Markolines Traffic Controls Limited IPO is a SME IPO. 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.

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

Ans. The size of Markolines Traffic Controls Limited IPO is 5,128,000 Eq Shares of ₹10 (aggregating up to ₹40.00 Cr).

Ans. The IPO price band is set between ₹78 per equity share.

Ans. To apply for Markolines Traffic Controls Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Markolines Traffic Controls Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Markolines Traffic Controls Limited IPO is Sep 23, 2021.

Ans. The Markolines Traffic Controls Limited IPO will be listed on Sep 28, 2021.

Ans. Follow the steps to check the allotment status for Markolines Traffic Controls Limited IPO here.