Markolines Traffic Controls IPO Dates, Review, Price, Form, Lot Size, & Allotment Details 2021

Markolines Traffic Controls IPO

Markolines Traffic Controls IPO will be Open Date is 15 September 2021 and the closed date is 20 September 2021. The company has fixed the price of this IPO at ₹78 according to the face value of ₹10. The company will raise ₹39.99 Crores through this IPO under the 51,28,000 Equity Shares public issue. And the offer is a 100% Fixed Price Issue.

Markolines Highway Operations & Maintenance (O&M) Service providing company. We thrive to make Highway Operations & Maintenance is cost-effective and easier with the help of Innovation, Technology & out-of-the-box solutions. Our vast experience of 19 years in offering superior services in Highway Operations & Maintenance (O&M) has earned us a name in the (O&M) domain. Our principal business operations are broadly divided into three categories:

Based in Mumbai, Markolines is a group of companies with expertise in offering superior services primarily in the highways domain. Our offerings also include expert consulting for the latest technology-driven to improve asset performance and client experience.

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Markolines Traffic Controls IPO Review :

■ Apply For Long Term

Markolines Traffic Controls IPO Date & Price Band & Details :

Issue Offer :Fixed Price Offer
IPO Open :15 September 2021
IPO Close :20 September 2021
IPO Size :₹39.99. Cr
Face Value :₹10 Rs. Equity Share
Price Band :₹78 Per Share
Listing On :BSE, SME
Issue Size :₹39.99. Cr
Fresh Issue :₹0. Cr
Offer For Sale :₹39.99. Cr
Upstox Referal

Markolines Traffic Controls IPO Market Lot :

Markolines Traffic Controls IPO Minimum Market lot is 1 Lot with 1600 shares with ₹124,800 Application amount. The retail investors can apply up to 1 lot with 1600 Shares or ₹124,800 amounts.

Minimum Lot Size :1 Lot
Minimum Share :1600
Minimum Amount :₹124,800
Minimum Lot Size :1 Lot
Maximum Shares :1600
Maximum Amount :₹124,800

Markolines Traffic Controls IPO Shares Offer :

A total of 51,28,000 shares are to be bid for the public issue by Markolines Traffic Controls IPO with – for Fresh issue and 51,28,000 for offer for sale Shares

CategoryShares OffersAmount
Fresh issue :
Offer For Sale :51,28,000₹39.99 Cr
Total :51,28,000 Eq Shares ₹39.99 Cr

Markolines Traffic Controls IPO Reservation :

Markolines Traffic Controls  IPO Total Reservation of 51,28,000 shares are to be bid for the public issue by Markolines Traffic Controls IPO with – for QIB and – for NII – For RII & – Shares EMP.

CategoryReservationSharesAmount
QIB :%
NII :50%24,35,20018.99 Cr
RII :50%24,35,200₹18.99
MMRP :– %2,57,6002.00 Cr
Total :100%51,28,00039.99 Cr

Markolines Traffic Controls IPO Dates :

Markolines Traffic Controls IPO Date is 15 September 2021 and the closed date is 20 September 2021. The allotment will be finalized on 23 September 2021 and the IPO may list on 28 September 2021.

Issue Open Date :17 September 2021
Issue Close Date :20 September 2021
Allotment Date :23 September 2021
Refund Date :27 September 2021
Share Credit Date :27 September 2021
Listing Date :28 September 2021
Groww referal

Markolines Traffic Controls IPO Form :

There are two ways to apply in Markolines Traffic Controls IPO. You can apply for Markolines Traffic Controls IPO through ASBA available in your bank account. You have to go to your online bank login and select Markolines Traffic Controls IPO in the Invest section and apply through your bank account. Another option is you can apply Markolines Traffic Controls IPO through IPO form download through NSE and BSE. See the Markolines Traffic Controls IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.

Markolines Traffic Controls Company Financial Report (Lakh) :

YearRevenueExpensePAT
2021₹15,796.52₹15,117.22₹427.59
2020₹17,154.49₹16,100.39₹718.62
2019₹7,348.54₹6,985.54₹251.51

About Markolines Traffic Controls Company

Our Company was originally incorporated as “Mark-O-Line Traffic Controls Private Limited” on November 08, 2002, at Pune, Maharashtra as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Pune. The Registered office of our Company got shifted from Pune to Mumbai vide Certificate of Registration of Regional Director order for Change of State dated September 27, 2005.

The name of our Company was changed from “Mark-O-Line Traffic Controls Private Limited” to “Markolines Traffic Controls Private Limited” vide Fresh Certificate of Incorporation Consequent upon Change of Name pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting held on February 17, 2018.

Our Company was converted into Public Limited Company pursuant to Shareholder’s resolution passed at the Extraordinary General Meeting of our Company held on April 19, 2021, and the name of our Company was changed to “Markolines Traffic Controls Limited” and a fresh certificate of Incorporation consequent upon conversion of Company to Public Limited dated August 10, 2021, was issued by Registrar of Companies, Mumbai, Maharashtra, being Corporate Identification Number U99999MH2002PLC156371.

Read also: All SME IPO List 2021

We are a Highway Operations & Maintenance (O&M) Service providing company. We thrive to make Highway Operations & Maintenance cost-effective and easier with the help of Innovation, Technology & out-of-the-box solutions. Our vast experience of 19 years in offering superior services in Highway Operations & Maintenance (O&M) has earned us a name in the (O&M) domain.

Our principal business operations are broadly divided into three categories: i) Highway Operations under which we provide services like Toll operations, Route Patrolling and Incident management; ii) Highway Maintenance under which we provide services like Routine Maintenance, Preventive Maintenance and Major Maintenance & Repairs (MMR); iii) Specialized Maintenance Services under which we provide services which enhance the life and quality of the road, these are Microsurfacing (MS), Base / Subbase Stabilization (FDR) and Cold In-Place Recycling (CIPR).

India is a developing country & numerous new highways & expressways are the need of the hour for efficient and fast movement of material & people. Due to liberalization & reforms taken up in the year 1991, the Indian Economy has opened up & this has led to global players coming to India. As a result of this, a need for better & faster movement of goods & people was desired & this necessitated improvement in the infrastructure facilities available in India.

The infrastructure development could not have been complete without the development of the Highways & Expressways which are the need of the hour. Such development also requires huge funding & therefore a new concept is known as PPP (Public-Private Partnership) was introduced by Govt. of India. In this concept, the road development was awarded to private participants on a BOT (Build Operate & Transfer) basis who are required to put in the financial funds.

The concessioner had to invest and make the road at his own cost and then recover his money by a collection of Toll from the commuters for a certain period of time. He was also supposed to maintain the facility developed. The private players, Indian as well as global, who were in such business grabbed this opportunity & developed the highways & the expressways across the country.

Read also:- Share Buyback List 2021

And obviously, for recovery of their investment, they have required the set up the facility for toll collection of toll from the commuters as well as maintenance of the infrastructure developed. However, Highway operation and maintenance is very tedious and required certain special skill sets as an organization. The private players/developers whose core activity was development did not want to diversify from their core business. This sought the option of outsourcing the operation & maintenance.

Company Strengths

  • We are a well-known Highway Operations & Maintenance (O&M) service enabling company with diversified Services portfolio.
  • We have a proven track record for winning, developing and operating projects successfully.
  • Efficient business model
  • Established brand and reputation in Highway O&M domain
  • Visible growth through our growing Order Book and improved pre-qualification credentials
  • Rich Management Experience
  • Strong professional and execution team allows the Company to develop a strong business
  • Diversified Portfolio of Services offered
  • Progressive Employer
  • Quality Service
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Company Promoters :

■ Mr. Sanjay Bhanudas Patil

Markolines Traffic Controls Board of Directors

NameDesignation
Mr. Sanjay Bhanudas PatilChairman and Managing Director
Mr. Karan Atul BoraExecutive Director
Mrs. Kirtinandani Sanjay PatilNon-Executive Director
Mr. Akash Manohar PathakIndependent Director
Mrs. Anjali Shivaji PatilIndependent Director

Quick Link :

■ DRHP Draft Prospectus
■ RHP Draft Prospectus

Markolines Traffic Controls IPO Lead Managers :

■ Gretex Corporate Services Limited

Markolines Traffic Controls IPO Registrar :

BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis, Makwana Road, Marol,
Andheri East, Mumbai– 400059,
Maharashtra, India
Tel. No.: +91 – 22 – 6263 8200;
Fax No.: +91 – 22 – 6263 8299
Email: [email protected]
Investor Grievance Email: [email protected] ;
Website: www.bigshareonline.com

Note: Check Markolines Traffic Controls IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here

Company Address :

Markolines Traffic Controls Limited
502, A Wing, Shree Nand Dham,
Sector 11, CBD Belapur
Navi Mumbai 400614,
Maharashtra India.
Tel: +91 22 6266 1111
Email: [email protected]
Website: www.Markolines.com

Markolines Traffic Controls IPO FAQs :

What is Markolines Traffic Controls IPO?
Markolines Traffic Controls IPO is SME IPO. They are going to raise ₹39.99. Crores via IPO. The issue is priced at ₹78 per equity share. The IPO is to be listed on BSE, SME.

When Markolines Traffic Controls IPO will open?
The IPO is to open on 15 September 2021 and the closed date is 20 September 2021 for QIB, NII & RII.

What is Markolines Traffic Controls IPO Size?
Markolines Traffic Controls IPO size is ₹39.99 Crores.

What is the Fresh issue size of Markolines Traffic Controls IPO?
The Fresh issue size of Markolines Traffic Controls IPO ₹0 Cr.

What is the Offer For Sale size of Markolines Traffic Controls IPO?
The Offer For Sale size of Markolines Traffic Controls IPO ₹39.99 Cr.

What is Markolines Traffic Controls IPO Price Band?
Markolines Traffic Controls IPO Price Band is ₹78 Per share.

What is Markolines Traffic Controls IPO Minimum and Maximum Lot Size?
The minimum bid is 1600 Shares with ₹124,800 amount while the maximum bid is 1600 shares with ₹124,800.

What is Markolines Traffic Controls IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.

What is Markolines Traffic Controls IPO Allotment Date?
Markolines Traffic Controls IPO allotment date is 23 September 2021.

What is Markolines Traffic Controls IPO Listing Date?
Markolines Traffic Controls IPO listing date is 28 September 2021. The IPO to list on BSE, SME.

How to Apply the Markolines Traffic Controls IPO through Zerodha?
“BSE SME IPO is Not Apply in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Markolines Traffic Controls IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Markolines Traffic Controls IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Markolines Traffic Controls IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Markolines Traffic Controls IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Markolines Traffic Controls IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the Markolines Traffic Controls IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money”.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Markolines Traffic Controls IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

Markolines Traffic Controls GMP: Click Here

Markolines Traffic Controls Subscription: Click Here

Markolines Traffic Controls Allotment: Click Here

Markolines Traffic Controls Listing: Click Here

All Markolines Traffic Controls IPO-related links are available here. If you want to know the details then click on Click Here Link.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

Markolines Traffic Controls IPO Dates, Review, Price, Form, Lot Size, & Allotment Details 2021

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