Author: Sachin Gupta Published : 09 May 2024

ABS Marine Services IPO

Open Date

Listing Date

Close Date

Allotment Date

21 May 24

ABS Marine Services IPO Date

16 May 24

15 May 24

10 May 24

Lot Size 


IPO Size

₹96.28 Cr

Price Range

₹140 to ₹147

Min. Investment


ABS Marine Services IPO Details

1. The company has established a brand name and reputation for itself. 2.  It operates and manages a diversified fleet. 3.  It has a proven ability to acquire vessels at optimal prices and deploy vessels. 4.  The company focuses on quality in-house management of operations and cost-competitive vessel management. 5.  It is also well-positioned to grow fleet size to take advantage of India’s growth. 6.  Experienced Promoters and management team.

ABS Marine Services IPO Strengths

1. Underutilisation of the largest vessels can affect the cash flows. 2. An increase in fuel prices or other operating costs can impact the business. 3. The company is subject to extensive regulation and potentially substantial liability. 4. It has reported negative cash flow in the past. 5. It operates in a highly competitive industry. 6. High working capital requirements.

ABS Marine Services IPO Risk

How to apply for ABS Marine Services IPO

To apply for ABS Marine Services IPO, follow the steps given below    • Login to your 5paisa account and select the issue in the current IPO section        • Enter the number of lots and the price at which you wish to apply for the ABS Marine Services IPO.        • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.     You will receive a mandate notification to block funds in your UPI app.

Check out more 5paisa webstories 

Disclaimer Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.