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IPO Synopsis IPO   > IPO Synopsis
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As on : Aug 31,2026 07:05 AM
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Fly-Hi Maritime Travels Ltd
Registered Office: SF-04 2nd Flr Vasant Square-,Mall Vasant Kunj, New Delhi - 110070, New Delhi, India.
Phone : +91 91521 10080   Fax:
Email :    
Website :  
Initial public issue of up to 51,60,000 equity shares of face value of Rs. 5/- each of Fly-Hi Maritime Travels Limited for cash at an issue price of Rs. 102/- per equity share (including a premium of Rs. 97/- per equity share) ("Issue Price") aggregating up to Rs. 52.63 Crores comprising of fresh issue of up to 41,60,400 equity shares aggregating to Rs. 42.44 Crores ("Fresh Issue") and an offer for sale of up to 9,99,600 equity shares by Jitendra Kumar Negi ("Selling Shareholder") aggregating to Rs. 10.19 Crores ("Offer For Sale") ("The Issue") and up to 2,64,000 equity shares at an issue price of Rs. 102 per share aggregating to Rs. 2.69 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of up to 48,96,000 equity shares of face value of Rs. 5/- each at an issue price of Rs. 102 per equity share aggregating to Rs. 49.94 Crores ("Net Issue"). The issue and the net issue will constitute 36.39% and 34.53% of the post-issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 5/- each. Issue price: Rs. 102/- per equity share of face value of Rs. 5/- each. The issue price is 20.40 times the face value of equity shares. Bids can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
01-Sep-26 03-Sep-26 (Rs) 102.00 (Rs) 0.00
Minimum Application for shares in Nos : 2400   Further Multiples of : 1200
  Lead Managers to the Issue
Project Cost (Rs.Cr) 36.40 Corporate Makers Capital Limited
Project Financed through Current Offer (Rs.Cr) 52.63  
Post Issue Equity Share Capital (Rs.Cr) 7.09  
Issue Price (Rs) 102.00  
Projects
Funding Working Capital Requirements of the Company Repayment and/or pre-payment, in part, of borrowing availed by its Company
Towards Talent Acquisition for Business Marketing and Development activities General Corporate Purposes
Promoted By
Jitendra Kumar Negi
Mridul Dilip Singhvi
Listing At
BSE - SME
Registrar to the Issue
KFin Techologies Ltd
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