Markolines Traffic Controls IPO Date, Review, Price, Form, Lot, Subscription & Allotment Details

Vijay Prajapati
September 10, 2021

Vijay Prajapati

Markolines Traffic Controls SME IPO to open on 15 September and will close on 20 September 2021. The company was incorporated in 2002 with a name Mark-O-Line Traffic Controls Pvt Ltd currently Markolines Traffic Controls Limited based in Mumbai. The company is a Highway Operations & Maintenance (O&M) Service providing company. The company services includes verticals like Highway Operations, Highway Maintenance, Micro Surfacing, Cold-In-Place Recycling, Solid Stabilization and more. The company already executed over 90 highway operations and maintenance projects since its incorporation.

Order Book:

In June 2021, The company received order from Farakka Raiganj Highways Limited (FRHL) for Execution of Rehabilitation, Bitumen Overlay, Micro surfacing and associated Ancillary works of Farakka-Raiganj Section in the state of West Bengal worth of ₹95.45 Crore.
In May 2021, The company received order from Mumbai Metropolitan Region Development Authority (MMRDA) for Renewal of main carriageway and service road with Bituminous treatment on Eastern Expressway Highway worth of ₹132.62 Crore.

The IPO price band is fixed at ₹78 with market lot of 1600 shares. Markolines Traffic Controls is a BSE SME IPO and they are going to raise ₹40.00 crores via SME IPO. Check out Markolines Traffic Controls IPO date, price band and market lot details.

Markolines Traffic Controls IPO Review

May Apply

Markolines Traffic Controls IPO Date & Price Band

IPO Open:	15 September 2021
IPO Close:	20 September 2021
IPO Size:	Approx ₹40.00 Crore
Face Value:	₹10 Per Equity Share
Price Band:	₹78 Per Share
Listing on:	BSE SME
Retail Portion:	50%
Equity:	51,28,000 Shares

Markolines Traffic Controls IPO Market Lot

The Markolines Traffic Controls IPO minimum market lot is 1600 shares with ₹124,800 application amount.

Minimum Lot Size:	Minimum 1600 Shares
Minimum Amount:	₹124,800
Minimum Lot Size:	Maximum 1600 Shares
Minimum Amount:	₹124,800

Markolines Traffic Controls IPO Allotment & Listing

The Markolines Traffic Controls IPO date is 15 September 2021 and the close date is 20 September 2021. The allotment date is 24 September 2021 and the IPO to list on 28 September 2021.

Basis of Allotment:	23 September 2021
Refunds:	27 September 2021
Credit to Demat Account:	27 September 2021
Listing Date:	28 September 2021

Markolines Traffic Controls IPO Form

How to apply the Markolines Traffic Controls IPO? You can apply Markolines Traffic Controls IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Markolines Traffic Controls IPO in the Invest section. The other option you can apply Markolines Traffic Controls IPO via IPO forms download via NSE. Check out the Markolines Traffic Controls forms – click BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Markolines Traffic Controls Financial Report

₹ in Crore
	Revenue	Expense	Income
2019	₹73.49	₹69.86	₹2.52
2020	₹171.54	₹161.00	₹7.19
2021	₹157.96	₹151.17	₹4.26

Company Promoters

Mr. Sanjay Bhanudas Patil
Mr. Karan Atul Bora

Quick Links

DRHP Draft Prospectus
RHP Draft Prospectus

Markolines Traffic Controls IPO Subscription Numbers

Category	Final Data
QIB	-x
NII	2.78x
RII	1.57x
Total	2.18x

Markolines Traffic Controls IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Note: Check Markolines Traffic Controls IPO allotment status on Bigshare website allotment URL. Click Here

Markolines Traffic Controls IPO Lead Managers

Gretex Corporate Services Pvt Ltd

Company Address

Markolines Traffic Controls Limited
502, A Wing,
Shree Nand Dham, Sector 11,
CBD Belapur Navi Mumbai – 400614
Phone: +91 22 6266 1111
Email: [email protected]
Website: https://www.markolines.com/

Markolines Traffic Controls IPO FAQs

What is Markolines Traffic Controls IPO?

Markolines Traffic Controls IPO is a BSE SME IPO. They are going to raise ₹40.00 Crores via IPO. The issue is priced at ₹78 per equity share. The IPO to be list on BSE.

When Markolines Traffic Controls IPO will open for NII and Retail?

The IPO is to open on 15 September 2021 for NII, and Retail Investors.

What is Markolines Traffic Controls IPO Investors Portion?

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

How to Apply the Markolines Traffic Controls IPO?

You can apply Markolines Traffic Controls IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Markolines Traffic Controls IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Markolines Traffic Controls”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Markolines Traffic Controls IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Markolines Traffic Controls”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

What is Markolines Traffic Controls IPO Size?

Markolines Traffic Controls IPO size is ₹40.00 crores.

What is Markolines Traffic Controls IPO Price Band?

Markolines Traffic Controls IPO Price Band is ₹78.

What is Markolines Traffic Controls IPO Minimum and Maximum Lot Size?

The minimum bid is 1600 Shares with ₹124,800 amount while maximum bid is 1600 shares with ₹124,800.

What is Markolines Traffic Controls IPO Allotment Date?

Markolines Traffic Controls IPO allotment date is 23 September 2021.

What is Markolines Traffic Controls IPO Listing Date?

Markolines Traffic Controls IPO listing date is 28 September 2021. The IPO to list on BSE SME platform.

Note: The Markolines Traffic Controls IPO details are officially announced. The IPO grey market premium (Markolines Traffic Controls IPO GMP) will be added on the grey market page if it will start.

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