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FLYHI · BSE · Tour, Travel Related Services
Fly-Hi Maritime IPO listed on 08 Sep 2026 on BSE at ₹81.60, a loss of 20.00% over the issue price of ₹102.00. The IPO was subscribed 2.11x overall.
Fly-Hi Maritime IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 01 Sep 2026 |
| IPO Close Date | 03 Sep 2026 |
| Basis of Allotment | 04 Sep 2026 |
| Initiation of Refunds | 07 Sep 2026 |
| Credit of Shares to Demat | 07 Sep 2026 |
| Listing Date | 08 Sep 2026 |
Listing day gain
-20%
Listed at ₹81.6 (issue ₹102)
Issue
₹102
Listing
₹81.6
Current
₹77.55
-23.97% vs issue
Day range
₹77.55 – ₹81.6
Issue Size
5,160,000 shares
(aggregating up to ₹52.94 Cr)
Issue Price
₹102 – ₹102
Face Value
₹5/share
Market Lot
1,200 shares
Retail Min Investment
₹244,800
Listing At
BSE
Sale Type
both
Fresh Issue
3,896,400 shares
(aggregating up to ₹39.74 Cr)
Offer for Sale
999,600 shares
(aggregating up to ₹10.2 Cr)
Reserved for Market Maker
264,000 shares
(aggregating up to ₹3.00 Cr)
Issue Type
fixed price
Open Date
01 Sep
Close Date
03 Sep
Allotment
04 Sep
Listing
08 Sep
Last updated: 1 month ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 07 Sep 2026 Latest | ₹102 | ₹1 | ₹103 | ₹1 |
0.98%
|
7:14 PM |
| 07 Sep 2026 | ₹102 | ₹1 | ₹103 | ₹1 |
0.98%
|
6:44 PM |
Showing the 2 most recent GMP entries.
Fly-Hi Maritime IPO GMP & full historyLatest snapshot: 03 Sep 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| NII | 0.58x | - |
| Individual Investors | 3.65x | - |
| Total | 2.11x | - |
Showing the latest subscription snapshot.
View full subscription historyJitendra Kumar Negi, Mridul Dilip Singhvi
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹244,800 |
| Retail (Max) | 2 | 2,400 | ₹244,800 |
| S-HNI (Min) | 3 | 3,600 | ₹367,200 |
| S-HNI (Max) | 8 | 9,600 | ₹979,200 |
| B-HNI (Min) | 9 | 10,800 | ₹1,101,600 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 2,448,000 (47.44%) |
| Retail Shares Offered | 2,448,000 (47.44%) |
| Market Maker Shares Offered | 264,000 (5.12%) |
| Total Shares Offered | 5,160,000 (100.00%) |
Fly-Hi Maritime Travels Limited was originally incorporated as Fly-Hi Maritime Travels Private Limited on September 29, 2021, and converted into a public limited company on December 8, 2025. It is headquartered in New Delhi and works in the maritime crew travel management sector.
The company provides end-to-end travel arrangements for the crew of commercial shipping companies, managing their movement from their home country to the port of boarding. Its services include international and regional air ticketing, ground transportation, hotel and boarding arrangements, visa and immigration coordination, port agent coordination and round-the-clock travel support for maritime and offshore industry clients. The company is led by Jitendra Kumar Negi as Chairman and Managing Director, with Mridul Dilip Singhvi as a promoter.
This is an SME IPO, proposed to be listed on the BSE SME platform. The issue is a fixed price offer of up to 51,60,000 equity shares of face value Rs 5 each, comprising a fresh issue of up to 41,60,400 shares and an offer for sale of up to 9,99,600 shares, priced at Rs 102 per share and aggregating to about Rs 52.63 crore. Net proceeds are proposed to be used for funding working capital requirements, repayment or prepayment of certain borrowings, business marketing and development activities, and general corporate purposes.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 45.41 | 45.75 | 62.21 |
| Profit After Tax (PAT) | 1.82 | 3.44 | 8.43 |
| EBITDA | 2.68 | 5.27 | 12.49 |
| Total Assets | 16.47 | 23 | 37.94 |
| Net Worth | 6.09 | 9.53 | 17.96 |
| Reserves & Surplus | 6.08 | 9.52 | 12.95 |
| Total Borrowing | 4.84 | 10.03 | 12.97 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 | Mar 2026 |
|---|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 44.08% | 61.29% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 45.18% | 67.22% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 44.08% | 61.29% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 7.59% | 13.58% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 11.6% | 20.14% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 1.05x | 0.72x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 0.01x | 20.14x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹8.41 | ₹5.94 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 12.13x | 17.17x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | - | ₹145 Cr |
The basis of allotment for Fly-Hi Maritime IPO was finalised on 04 Sep 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Fly-Hi Maritime IPO is expected to open in Sep 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Fly-Hi Maritime IPO is ₹102.00 - ₹102.00 per share.
As per market sources, Fly-Hi Maritime IPO GMP is currently ₹1.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Fly-Hi Maritime IPO stands at 2.11x overall.
The listing date for Fly-Hi Maritime IPO is 08 Sep 2026.
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