Fly-Hi Maritime
08 Sep '26SME
Min. Investment
₹2,44,800
Issue size
₹52.63 Cr
GMP
Locked
Current subscription status: --
Expert verdict
IPO dates
01 Sep
Opening
03 Sep
Closing
04 Sep
Allotment
08 Sep
Listing
*Refunds will be initiated on 07 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,44,800 |
Subscription (as on 01 September 2026, 11:12 AM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2021|MD: Mr Jitendra Kumar Negi
- Fly-Hi Maritime Travels Limited is a marine travel company engaged in managing end-to-end travel arrangements for crew members of commercial shipping companies. The company was incorporated in September 2021 and was converted into a public limited company in December 2025.
- The company manages various aspects of crew travel, including airline tickets, ground transportation, hotel accommodation, and visa applications, to facilitate the movement of crew members from their home countries to their designated ports of boarding.
- The company works with commercial shipping companies across more than six countries and focuses exclusively on addressing the travel requirements of maritime crew.
- Use of proceeds:
- The IPO consists of both a fresh issue of shares and an offer for sale (OFS). Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:
- Funding working capital requirements of the company — Rs 24.24 crore
- Repayment and/or pre-payment, in full or in part, of certain borrowings availed by the company — Rs 4 crore
- Towards talent acquisition for business marketing and development activities — Rs 1.80 crore
- General corporate purposes — Rs 6.36 crore
Issue Details & Objective
Lot size
1200 Shares
Price band
₹102 to 102
Face value
₹5 per share
Financials
IPO reservation
HNI - 50.00%
Retail - 50.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Fly-Hi Maritime IPO is ₹52.63 Cr
The Fly-Hi Maritime IPO will be open for applications from 01 Sep '26 to 03 Sep '26
The lot size of Fly-Hi Maritime IPO is 1200 Shares and its minimum investment amount is ₹2,44,800.
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Fly-Hi Maritime IPO is null
