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FLY-HI MARITIME IPO

DEPARTING NOWBSE SME · SME · TOUR, TRAVEL RELATED SERVICES
INDICATIVE FARE / PRICE BAND
₹102
GMP +₹20 (+19.61%)
BAND & GMP INDICATIVE · GMP IS UNOFFICIAL MARKET CHATTER · NOTHING FINAL UNTIL THE RHP
FIGURES ON THIS PAGE AS OF 02 SEPT 2026, 15:01 IST · REFRESHED THROUGH THE DAY
THE FARE BOARD · KEY NUMBERS

BY THE NUMBERS.

PRICE BAND
₹102
LOT SIZE
1200 SHARES
ISSUE SIZE
₹52.63 CR
MIN INVESTMENT
₹1,22,400 · 1200 SHARES
GMP · GREY MARKET
+₹20 (+19.61%)
RECORDED 02 SEPT 2026, 14:33 IST
P/E RATIO
12.13
THE FARE TABLE · WHAT AN APPLICATION COSTS

TICKET CLASSES.

APPLICATIONLOTSSHARESAMOUNT
MINIMUM APPLICATION · AS PUBLISHED22,400₹2,44,800
EACH ROW SAYS WHETHER ITS FIGURES ARE THE QUANTITIES PUBLISHED FOR THIS ISSUE OR OUR OWN ARITHMETIC · COMPUTED ROWS ARE LOT SIZE × UPPER BAND · AMOUNTS AT THE UPPER BAND OF ₹102 · CATEGORY LIMITS PER SEBI THRESHOLDS (₹2 LAKH RETAIL CEILING, ₹10 LAKH SHNI/BHNI BOUNDARY) · INFORMATION ONLY · WE DO NOT ACCEPT OR PROCESS IPO APPLICATIONS · ONE LOT ALREADY EXCEEDS THE RETAIL CEILING ON THIS ISSUE
THE TIMETABLE · FOUR STOPS
THE JOURNEY.
OPENS
01 SEPT 26
✓ STOP CLEARED
CLOSES
03 SEPT 26
NEXT STOP
ALLOTMENT
04 SEPT 26
SCHEDULED
LISTING
08 SEPT 26
SCHEDULED
REFUNDS INITIATED07 SEPT 26SHARES IN DEMAT07 SEPT 26
TIMETABLE AS FILED · DATES CAN MOVE · CONFIRM AGAINST THE OFFICIAL RHP AND THE REGISTRAR
THE BOOKING SHEET · SUBSCRIPTION

HOW FULL THE BUS GOT.

OVERALL SUBSCRIPTION0.05×
NII0.02×
RETAIL0.09×
THE CENTRE TICK = 1× · BUS FULL · SUBSCRIPTION FIGURES AS REPORTED BY THE EXCHANGES · TIMES THE ISSUE · INFORMATION ONLY
THE GREY MARKET · UNOFFICIAL

WHAT THE CHATTER IMPLIES.

INDICATIVE LISTING PRICE
₹122
UPPER BAND ₹102
GMP +₹20 (+19.61%)
RECORDED 02 SEPT 2026, 14:33 IST
This is a calculation, not a forecast or an investment recommendation. GMP is unofficial grey-market chatter — it is not a quote from any exchange, it changes through the day and it frequently does not match the eventual listing price.
THE MANIFEST · ISSUE STRUCTURE

HOW THE ISSUE IS BUILT.

FACE VALUE
₹5
ISSUE TYPE
FIXED PRICE ISSUE
FRESH ISSUE
₹39.74 CR
38,96,400 SHARES
OFFER FOR SALE
₹10.2 CR
9,99,600 SHARES
TOTAL SHARES OFFERED
48,96,000

The two legs send the money to different places: a fresh issue raises new capital for the company, while an offer for sale is existing shares being sold by existing shareholders, whose proceeds go to those sellers and not to the company.

FIGURES AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE SEATING PLAN · CATEGORY RESERVATION

WHO GETS WHICH SEATS.

NII (HNI)
24,48,000
50% of the Net Issue
RETAIL
24,48,000
50% of the Net Issue
MARKET MAKER
2,64,000
SHARES
48,96,000 SHARES ACROSS ALL CATEGORIES · CATEGORY SPLIT AS PUBLISHED FOR THIS ISSUE · CONFIRM AGAINST THE OFFICIAL RHP
THE GAUGES · VALUATION AND RETURNS

ON THE DASHBOARD.

EPS · PRE-ISSUE
8.41
EPS · POST-ISSUE
5.94
P/E RATIO
12.13
P/E · POST-ISSUE
17.17
RONW
44.08%
ROCE
45.18%
ROE
44.08%
PAT MARGIN
7.59%
EBITDA MARGIN
11.6%
PRICE / BOOK
0.01
NAV PER SHARE
₹9,534
DEBT / EQUITY
1.05
MARKET CAP
₹144.64 CR
FIGURES STATED AS OF 31 MAR 2025 · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · A REPORTED RATIO IS NOT A VIEW ON VALUE · CONFIRM AGAINST THE OFFICIAL RHP
THE LOGBOOK · REPORTED FINANCIALS

THE RUNNING RECORD.

INR CR31 MAR 2431 MAR 2531 MAR 26
ASSETS16.472337.94
TOTAL INCOME45.4145.7562.21
PROFIT AFTER TAX1.823.448.43
EBITDA2.685.2712.49
NET WORTH6.099.5317.96
RESERVES AND SURPLUS6.089.5212.95
TOTAL BORROWING4.8410.0312.97
AMOUNTS IN INR CR · AS PUBLISHED FOR THIS ISSUE AND REPRODUCED WITHOUT ADJUSTMENT · CONFIRM AGAINST THE OFFICIAL RHP
WHERE THE FARE GOES · OBJECTS OF THE ISSUE

WHAT THE MONEY IS FOR.

OBJECT OF THE ISSUEINR CR
Funding working capital requirements of the Company24.24
Repayment and/or pre-payment, in part, of borrowing availed by the Company4
Towards Business Marketing and Development activities1.8
General Corporate Purposes6.37
Issue Expenses6.03
INR CR 42.44 ALLOCATED IN TOTAL · OBJECTS AND AMOUNTS AS PUBLISHED FOR THIS ISSUE · AN OBJECT WITH NO AMOUNT AGAINST IT IS SHOWN AS PUBLISHED · CONFIRM AGAINST THE OFFICIAL RHP
ABOUT THIS SERVICE

Fly-Hi Maritime Travels Ltd is engaged in manages end to end travel arrangements for crew of commercial shipping companies, ensuring that the crew members move seamlessly from their home country to the port of boarding. The company offers travel and logistics-focused company serving maritime and offshore industries. It specializes in crew travel management, ticketing, visa assistance, and global travel coordination. The company offers end-to-end travel solutions for shipping companies, ship managers, and maritime professionals, ensuring timely crew movements, cost optimization, and compliance with international travel requirements. Fly-Hi Maritime Travels Ltd emphasizes reliability, operational efficiency, and personalized service, leveraging industry expertise and strong airline partnerships to support seamless maritime operations worldwide. As on December 16, 2025, the company had 47 employees. Competitive Strengths: Proven Track Record Established Relationships with Customers Skilled and Hardworking Workforce Experienced Management Distributor for better customer servicing

THE CREW · WHO IS RUNNING THIS SERVICE

ON THE ROSTER.

PROMOTERS
NAMES
Jitendra Kumar Negi, Mridul Dilip Singhvi
HOLDING PRE-ISSUE
80%
HOLDING POST-ISSUE
49.48%
BOOK-RUNNING LEAD MANAGERS
1 APPOINTED
Corporate Makers Capital Ltd.
REGISTRAR TO THE ISSUE
NAME
Kfin Technologies Ltd.
PHONE
040-79615565
THE COMPANY
PHONE
+91-9152110080
REGISTERED OFFICE
SF-04, 2nd Floor, Vasant Square Mall, Vasant Kunj, New Delhi, New Delhi, 110070
DETAILS AS PUBLISHED FOR THIS ISSUE · ALLOTMENT IS HANDLED BY THE REGISTRAR, NOT BY BUYUNLISTEDSHARES · WE NEVER ASK FOR PAN OR APPLICATION DETAILS
THE ENQUIRY DESK · QUESTIONS

COMMON QUESTIONS.

What is the Fly-Hi Maritime IPO price band?+

The indicative price band is ₹102 per share. The binding terms are the ones in the Red Herring Prospectus (RHP).

What is the lot size of the Fly-Hi Maritime IPO?+

One lot is 1200 shares. At the upper band of ₹102, one lot works out to ₹1,22,400.

When does the Fly-Hi Maritime IPO open and close?+

The issue opened on 01 Sept 2026 and closed on 03 Sept 2026. Dates can move — the registrar and the exchange notices are the record.

When is the Fly-Hi Maritime IPO allotment?+

Allotment is scheduled for 04 Sept 2026. The basis of allotment is published by the registrar to the issue. BuyUnlistedShares does not accept, process or track IPO applications.

When does Fly-Hi Maritime list?+

Listing is scheduled for 08 Sept 2026 on BSE SME.

Where will Fly-Hi Maritime be listed?+

Fly-Hi Maritime is proposed for listing on BSE SME. It is an SME issue, so it trades on the SME platform.

How large is the Fly-Hi Maritime IPO?+

The issue size is ₹52.63 Cr — a fresh issue of ₹39.74 cr and an offer for sale of ₹10.2 cr. Figures are indicative and subject to the RHP.

What is the difference between the fresh issue and the offer for sale in the Fly-Hi Maritime IPO?+

Money raised through the fresh issue goes to the company, which spends it on the purposes set out in the offer document. Money raised through the offer for sale goes to the shareholders who are selling, not to the company. That is a fact about how the issue is structured, not a view on it.

What is the grey market premium (GMP) for the Fly-Hi Maritime IPO?+

The last GMP we recorded is +₹20 (+19.61%), as at 02 SEPT 2026, 14:33 IST. GMP is unofficial grey-market chatter. It is not a quote from any exchange, it is not a price anyone is obliged to honour, it moves through the day and it often does not match the eventual listing price. We publish it as information only.

What listing price does the GMP imply for Fly-Hi Maritime?+

Adding the last recorded GMP to the upper band gives ₹122. That is a calculation, not a forecast or an investment recommendation, and it is built on an unofficial grey-market figure.

How was the Fly-Hi Maritime IPO subscribed?+

The issue was subscribed 0.05× overall. By category: nii 0.02×, retail 0.09×. Subscription figures are as reported by the exchanges.

Who is the registrar for the Fly-Hi Maritime IPO?+

The registrar to the issue is Kfin Technologies Ltd. (040-79615565), flyhi.ipo@kfintech.com.

Where can I check the Fly-Hi Maritime IPO allotment status?+

Allotment status is published by the registrar on its own official portal: https://ipostatus.kfintech.com/. Use the registrar's site directly — BuyUnlistedShares does not ask for PAN, application numbers or any other applicant detail.

What is the P/E ratio of the Fly-Hi Maritime IPO?+

The P/E ratio on file for this issue is 12.13, and the post-issue P/E is 17.17, stated as of 31 Mar 2025. A reported ratio is not a view on value.

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PRE-IPO STOCK ONLY · WE DO NOT ACCEPT IPO APPLICATIONS
Dates, price band, lot size, issue size and subscription figures are indicative and subject to the official Red Herring Prospectus (RHP). Application amounts shown in the fare table are arithmetic on the lot size and the upper band against SEBI's category thresholds — they are not an application facility and we do not accept IPO applications. GMP is unofficial grey-market chatter that changes daily — not a target, not a quote and not a recommendation. This page is information only: it is not an offer to deal and not investment advice. BuyUnlistedShares provides information and research, not buy/sell recommendations. All IPOs carry market risk — read the RHP and assess suitability before applying.
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TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —TODAY'S INDICATIVE PRICES — PARAG PARIKH FINANCIAL ADVISORY SERVICES LIMITED ₹20,400 · CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED ₹10,400 · HDFC SECURITIES LIMITED ₹7,990 · NATIONAL STOCK EXCHANGE (NSE) ₹1,985 · BOAT (IMAGINE MARKETING LIMITED) ₹895 · CHENNAI SUPER KINGS (CSK) ₹249 · BIRA 91 (B9 BEVERAGES LIMITED) ₹82 · ZEPTO ₹33 · ORAVEL STAYS (OYO ROOMS) ₹24.5 · HUTTI GOLD MINES COMPANY LIMITED ₹1,19,838 — INDICATIVE, NOT AN OFFER TO DEAL —