Fly-Hi Maritime Travels Ltd.
SMEIssue details
Price band
₹102 - ₹102
Lot size
1,200 shares
Issue size
₹53 Cr
Min. investment
₹1,22,400
Registrar
KFin Technologies
Grey market premium
Est. gain+₹1 · 1%
Save your family's PANs once and check allotment for everyone the moment results are out.
Available once allotment results are out
IPO Timeline
Open
1 Sep
Close
3 Sep
Allotment
4 Sep
Listing
8 Sep
- Refunds & demat credit
- 5 Sep 2026
- Mandate end
- 18 Sep 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| Retail | 1,200shares 1 lot · ₹1,22,400 | 1,200shares 1 lot · ₹1,22,400 |
| HNI | 2,400shares 2 lots · ₹2,44,800 | No limit funds permitting |
Based on the upper price band of ₹102 and a lot of 1,200 shares.
Issue structure
Face value
₹5 per share
Issue type
Fixed Price IPO
Sale type
Fresh capital cum OFS
Fresh issue
₹40 Cr
38,96,400 shares
Offer for sale
₹10 Cr
9,99,600 shares
Shares pre-issue
1,00,20,000
Shares post-issue
1,41,80,400
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 8.41 | 5.94 |
| P/E | 12.13 | 17.17 |
| Market cap | ₹102Cr. | ₹144.64 Cr |
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | 61.29% | 44.08% |
| ROCE | 67.22% | 45.18% |
| Debt/Equity | 0.72 | 1.05 |
| RoNW | 61.29% | 44.08% |
| PAT Margin | 13.58% | 7.59% |
| EBITDA Margin | 20.14% | 11.60% |
| NAV | 17.92 | 9534.00 |
| Price to Book Value | 5.69 | 0.01 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Total income | 62.21 | 45.75 | 45.41 |
| Profit after tax | 8.43 | 3.44 | 1.82 |
| EBITDA | 12.49 | 5.27 | 2.68 |
| Net worth | 17.96 | 9.53 | 6.09 |
| Assets | 37.94 | 23 | 16.47 |
| Reserves & surplus | 12.95 | 9.52 | 6.08 |
| Total borrowing | 12.97 | 10.03 | 4.84 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Funding working capital requirements of the Company₹24.24 Cr
- 2.Repayment and/or pre-payment, in part, of borrowing availed by the Company₹4 Cr
- 3.Towards Business Marketing and Development activities₹1.8 Cr
- 4.General Corporate Purposes₹6.37 Cr
- 5.Issue Expenses₹6.03 Cr
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| UHM Vacation Ltd.SME | ₹166 | 11.32 | ₹126.20 | -23.98% |
| Western Overseas Study Abroad Ltd.SME | ₹56 | 10.67 | ₹52.16 | -6.86% |
| Helloji Holidays Ltd.SME | ₹118 | 14.07 | ₹123.90 | +5.00% |
| Waterways Leisure Tourism Ltd.Mainboard | ₹808 | 100.96 | ₹668.10 | -17.31% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 1 Sep 2026. Always verify against the RHP before applying.