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Home All IPOs Fly-Hi Maritime Travels Ltd. IPO
Fly-Hi Maritime Travels Ltd. IPO
BSE SME Fixed Price IPO Fresh capital cum OFS Open Now
GMP +₹0 +0% Est. Listing ₹102
Issue Price
₹102
Face ₹5
GMP
+₹0
+0% premium
Est. Listing
₹102
GMP based
Subscribed
0.08
❌ Under
Min Amount
₹122,400
1 lot · 1,200 shares
Lot Size
1,200
shares / lot
Allotment
Important Dates
2/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
01 Sep 2026
Tue Completed
Today
Close Date
03 Sep 2026
Thu Today
Soon
Allotment
04 Sep 2026
Fri Upcoming
Soon
Refund
07 Sep 2026
Mon Upcoming
Soon
Demat Credit
07 Sep 2026
Mon Upcoming
Soon
Listing Date
08 Sep 2026
Tue Upcoming
Issue Details
Pricing & Size
Issue Price
₹102 Face ₹5
Lot Size
1,200 shares
Min Investment
₹122,400
Total Issue Size
51,60,000 shares (agg. up to ₹53 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh capital cum OFS
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,64,000
QIB Portion
-
NII / HNI
2448000.00
Retail
2448000.00
Employee
-
Net Offer to Public
48,96,000 shares (agg. up to ₹50 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,00,20,000 shares
Post-Issue Shareholding
1,41,80,400 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 2 2,400 ₹2,44,800
HNI / NII 3 3,600 ₹3,67,200
Objects of Issue
5 objectives
1
Funding working capital requirements of the Company
24.24 Cr
2
Repayment and/or pre-payment, in part, of borrowing availed by the Company
4.00 Cr
3
Towards Business Marketing and Development activities
1.80 Cr
4
General Corporate Purposes
6.37 Cr
5
Issue Expenses
6.03 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Corporate Makers Capital Ltd
Market Maker
Bhaijee Broking & Investments Pvt.Ltd
IPO Timeline
Open
01 Sep
✓ Done
Close
03 Sep
● Active
Allotment
04 Sep
Upcoming
Listing
08 Sep
Upcoming
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
040-79615565
Email
flyhi.ipo@kfintech.com
Company Contact
Email
cs@fhmtravels.in
Phone
+91-9152110080
Address
SF-04 2nd Floor Vasant Square Mall, Vasant Kunj New Delhi, New Delhi, 110070
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹102
Est. Listing
₹102
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
0.08
Overall Sub.
❌ Under
0.14
Retail
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB
NII / HNI (Total) 0.02× 24,48,000 57,600 ₹0.59 Cr
Retail Investors 0.14× 24,48,000 3,43,200 ₹3.50 Cr
Total ** 0.08× 48,96,000 4,00,800 ₹4.09 Cr
Market Maker * 2,64,000 2,64,000 ₹2.69 Cr
* Based on ₹102.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
24,48,000
Retail
24,48,000
Market Maker
2,64,000
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Revenue62.2145.7545.41
PAT8.433.441.82
EBITDA12.495.272.68
Net Worth17.969.536.09
Total Assets37.9423.0016.47
Reserves12.959.526.08
Borrowings12.976.084.84
Key Financial Ratios
61.29
ROE
Return on Equity
67.22
ROCE
Return on Capital Employed
61.29
RONW
Return on Net Worth
13.58
PAT Margin
PAT / Revenue
20.14
EBITDA Mgn
EBITDA / Revenue
0.72
D/E Ratio
Debt to Equity
5.69
P/BV
Price to Book Value
8.41
Pre EPS
EPS Pre-Issue
5.94
Post EPS
EPS Post-Issue
12.13
Pre P/E
P/E Pre-Issue
17.17
Post P/E
P/E Post-Issue
About Fly-Hi Maritime Travels Ltd.

Incorporated in September 2021, Fly-Hi Maritime Travels Limited is a specialized maritime travel company engaged in providing end-to-end crew travel and mobility solutions for commercial shipping companies. The Company manages travel arrangements for seafarers from their home countries to their designated ports of boarding, including airline ticketing, route planning, ground transportation, hotel bookings, visa coordination and 24/7 travel support.

The Company offers customized travel solutions designed around vessel schedules, crew joining windows and the requirements of multinational shipping crews. Its services include global crew ticketing, visa and immigration coordination, OK-to-board confirmations, real-time travel monitoring, disruption handling, emergency support and boarding confirmation. The Company operates through a centralized operational model, with its operations managed from its Mumbai corporate office, while also having a distributor in the UAE to support certain international customers.

Fly-Hi Maritime Travels serves commercial shipping companies across more than six countries, including Cyprus, Greece, the USA, the UK, Singapore, UAE and India. The Company is an International Air Transport Association (IATA) accredited company and its registered office has been recognized as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

As of July 31, 2026, the Company had a workforce of 54 employees across travel operations, marketing and sales, visa operations, finance, IT, HR and other support functions.

Competitive Strengths

  • Customized travel planning and 24/7 operational support.
  • IATA accreditation and international servicing capabilities.
  • Presence in international markets through a UAE distributor.
  • Centralized and efficient operational model supported by a skilled workforce.
  • Experienced management with strong commercial shipping industry expertise.
  • Established relationships with customers across multiple international markets.
  • Specialized end-to-end crew travel solutions for commercial shipping companies.
Frequently Asked Questions
What is the issue price of Fly-Hi Maritime Travels Ltd. IPO?
The issue price of Fly-Hi Maritime Travels Ltd. IPO is ₹102 per share, face value ₹5.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹122,400.
What are the IPO dates?
Opens 01 Sep 2026, closes 03 Sep 2026.
When is the listing date?
Tentative listing: 08 Sep 2026 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹102 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Fly-Hi Maritime Travels Ltd. IPO · Expected 04 Sep 2026

Check on Registrar
Post-IPO Timeline
Allotment Date
04 Sep 2026
Refund Initiation
07 Sep 2026
Demat Credit
07 Sep 2026
Listing Date
08 Sep 2026
Quick Facts
Open
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹102
Face ₹5
Lot Size
1,200
shares / lot
Min Amount
₹122,400
1 lot
Est. Listing
₹102
GMP +₹0
Subscription
Overall0.08×
NII0.02×
Retail0.14×
Key Dates
Open
01 Sep Done
Close
03 Sep Today
Listing
08 Sep Soon
Registrar
Kfin Technologies Ltd
A
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