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Marinetrans India IPO opens on November 30, price band set at ₹26 per share
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₹26. Investors can bid for a minimum of 4000 shares and in multiples thereof.
The face value of the equity shares is ₹10 each and the issue price is 2.6 times of the face value of the equity shares. Marinetrans is a sea freight forwarding company.
From its start as a goods forwarder, the business later grew to provide door-to-door delivery and third-party logistics (3PL) services to the logistics sector through unofficial agreements with service providers. The company offers a wide range of freight-related and transport management services to its clients, including freight forwarding, which handles both air and sea freight.
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