Fly-Hi Maritime IPO Date, Review, Price, Allotment Details

By Jagat Joshi
September 8, 2026

Fly-Hi Maritime IPO open date is September 1, 2026 and the IPO will close on September 3, 2026. Fly-Hi Maritime IPO is a Fixed Price Issue. The company to raise around ₹52.63 crores via IPO that comprises fresh issue of ₹42.44 crores and offer for sale up to 9,99,600 equity shares with face value of ₹5 each.

Fly-Hi Maritime IPO price band is ₹102 per share. The retail quota is 50%, QIB is 0%, and HNI is 50%. Fly-Hi Maritime IPO to list on BSE SME on September 8, 2026. The allotment of Fly-Hi Maritime IPO date is September 4, 2026.

The company reported revenue of ₹62.21 crores in 2026 against ₹45.75 crores in 2025. The company reported profit of ₹8.43 crores in 2026 against profit of ₹3.44 crores in 2025. As per the financials, the IPO investors should apply the IPO for a long term.

IPO Details GMP Messages Review Subscription Allotment Listing

Fly-Hi Maritime IPO Details

IPO Open Date	September 1, 2026
IPO Close Date	September 3, 2026
Face Value	₹5 Per Equity Share
IPO Price Band	₹102 Per Share
Issue Size	Approx ₹52.63 Crores
Fresh Issue	Approx ₹42.44 Crores
Offer for Sale:	Approx 9,99,600 Equity Shares
Issue Type	Fixed Price Issue
IPO Listing	BSE SME
DRHP Draft Prospectus
RHP Draft Prospectus

Fly-Hi Maritime IPO Review & Key Points

Review: Neutral

Fly-Hi Maritime IPO Market Lot

The Fly-Hi Maritime IPO minimum market lot is 2,400 shares with ₹2,44,800 application amount.

Application	Lot Size	Shares	Amount
Retail Minimum	2	2400	₹2,44,800
Retail Maximum	2	2400	₹2,44,800
S-HNI Minimum	3	3600	₹3,67,200

IPO Reservation

Investor Category	Share Offered	-% Shares
NII Shares Offered	24,48,000 Shares	50%
Retail Shares Offered	24,48,000 Shares	50%

Fly-Hi Maritime IPO Dates

The Fly-Hi Maritime IPO date is September 1 and the close date is September 3. The Fly-Hi Maritime IPO allotment will be finalized on September 4 and the IPO listing on September 8.

IPO Open Date:	September 1, 2026
IPO Close Date:	September 3, 2026
Basis of Allotment:	September 4, 2026
Refunds:	September 7, 2026
Credit to Demat Account:	September 7, 2026
IPO Listing Date:	September 8, 2026

Promoters and Holding Pattern

The promoters of the company are Jitendra Kumar Negi and Mridul Dilip Singhvi.

Particular	Pre IPO Shares	Pre IPO % Shares	Post IPO Shares	Post IPO % Shares
Promoter and Promoter Group	80,15,960	80%	70,16,360	49.48%
Others*	20,04,040	20%	71,64,040	50.52%
Total	1,00,20,000	100%	1,41,80,400	100%

Objects of the Issue & Utilisation of Proceeds

Purpose	Crores
Funding working capital requirements of the Company	₹24.24
Repayment and/or pre-payment, in part, of borrowing availed by the Company	₹4.00
Towards Business Marketing and Development activities	₹1.80
General Corporate Purposes	₹6.37
Issue Expenses	₹6.03

About Fly-Hi Maritime

Fly-Hi Maritime Travels, founded in September 2021, is a Maritime travel company that helps commercial shipping companies manage their complete travel and transportation needs. The firm handles all travel arrangements for seafarers, helping them transport goods 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 firm offers customized travel services such as Global crew ticketing, visa and immigration coordination, OK-to-board confirmations, Real-time travel monitoring, Disruption handling, emergency support, and Boarding confirmation. Fly-Hi Maritime Travels provides its services to commercial shipping companies in more than 6 countries: Cyprus, Greece, the USA, UK, Singapore, UAE, and India.

Company Financials

Amount ₹ in Crores

Period Ended	Revenue	Expense	PAT	Assets
2024	₹45.41	₹42.87	₹1.82	₹16.47
2025	₹45.75	₹41.03	₹3.44	₹23.00
2026	₹62.21	₹50.85	₹8.43	₹37.94

Company Valuation – FY2026

Check Fly-Hi Maritime IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI	Values
ROE:	61.29%
ROCE:	67.22%
EBITDA Margin:	20.14%
PAT Margin:	13.58%
Debt to equity ratio:	0.72
Earning Per Share (EPS):	₹8.41 (Basic)
Price/Earning P/E Ratio:	12.13
Return on Net Worth (RoNW):	61.29%
Net Asset Value (NAV):	₹17.92

Peer Group Comparison

There is no listed peer company.

IPO Lead Managers aka Merchant Bankers

Corporate Makers Capital Ltd.

Company Address

Fly-Hi Maritime Travels Ltd.
SF-04
2nd Floor
Vasant Square Mall, Vasant Kunj
New Delhi, New Delhi, 110070
Phone: +91-9152110080
Email: cs@fhmtravels.in
Website: https://fhmtravels.inww.aureatetradde.in/

IPO Registrar

Kfin Technologies Ltd.
Phone: 040-79615565
Email: flyhi.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

Fly-Hi Maritime IPO FAQs

What is Fly-Hi Maritime IPO?

Fly-Hi Maritime IPO is SME IPO. The company is going to raise ₹52.63 Crores via IPO. The issue is priced at ₹102 per equity share. The IPO is to be listed on BSE.

When Fly-Hi Maritime IPO will open for subscription?

The IPO is to open on September 1, 2026 for QIB, NII, and Retail Investors. The IPO will close on September 3, 2026.

What is Fly-Hi Maritime IPO Investors Portion?

The investors’ portion for QIB is 0%, NII is 50%, and Retail is 50%.

How to Apply the Fly-Hi Maritime IPO?

You can apply for Fly-Hi Maritime IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Fly-Hi Maritime IPO Issue Size?

Fly-Hi Maritime IPO issue size is ₹52.63 crores.

What is Fly-Hi Maritime IPO Price Band?

Fly-Hi Maritime IPO Price Band is ₹102.

What is Fly-Hi Maritime IPO Lot Size?

The minimum bid is 2400 Shares with ₹2,44,800 amount.

What is the Fly-Hi Maritime IPO Allotment Date?

Fly-Hi Maritime IPO allotment date is September 4, 2026.

What is the Fly-Hi Maritime IPO Listing Date?

Fly-Hi Maritime IPO listing date is September 8, 2026. The IPO is to list on BSE.

Note: The Fly-Hi Maritime IPO price band and date are officially announced. The (Fly-Hi Maritime IPO grey market premium) will be added to the IPO GMP page as it will start).

Jagat Joshi

Founder of IPOWatch, brings nearly 15 years of experience in IPO analysis and market research. He provides complete coverage of upcoming IPOs, subscription trends, grey market premiums (GMP), and post-listing performance, along with easy-to-understand reviews, insights, and analysis. In his working journey, he has worked with various platforms and received expertise in stock market analysis and primary markets.