Fly Hi Maritime Travels Limited

SMElistedBSE SME

01 Sep 2026 – 03 Sep 2026

LISTED

Offer Price

₹102

Bid lot

1200

Min Application

₹2,44,800

Issue Size

₹53 Cr

Key dates

Open date

01 Sep 2026

Done

Close date

03 Sep 2026

Done

Basis of allotment

04 Sep 2026

Done

Initiation of refunds

04 Sep 2026

Done

Credit to demat

04 Sep 2026

Done

Listing date

08 Sep 2026

Done

Issue reservation

₹53 Cr

HNI (2-10L) 47.44%Retail 47.44%5.12%

HNI (2-10L)

24.5 L sh · ₹25.14 Cr

47.44%

Retail

24.5 L sh · ₹25.14 Cr

47.44%

Market maker

2.6 L sh · ₹2.69 Cr

5.12%

Applications required for 1× subscription

Retail (≤₹2L)

1,020 forms

S-HNI (₹2–10L)

680 forms

From this issue's reservation split and lot size — the minimum bid each category can place.

BRLM: Corporate Makers Capital Limited

Lot ladder — how much to bid

1 lot = 1200 shares

Individual · up to ₹2 L2+ lots

Min · 2 lots

2,400 sh · ₹2,44,800

Entry point

₹2,44,800 onward

sHNI · ₹2 L to ₹10 L3+ lots

Min · 3 lots

3,600 sh · ₹3,67,200

Entry point

₹3,67,200 onward

bHNI · Above ₹10 L9+ lots

Min · 9 lots

10,800 sh · ₹11,01,600

Entry point

₹11,01,600 onward

Issue details

Lead managersCorporate Makers Capital Limited

Fresh issue41,60,400 sh · ₹42 Cr

Offer for sale9,99,600 sh · ₹10 Cr

Face value₹10

Listing onBSE SME

RegistrarKfin Technologies Ltd.

Grey-market sentiment

No grey-market data yet.

Financials

Particulars	FY26	FY25	FY24
Total Assets	37.94	23	16.47
Total Income	62.21	45.75	45.41
PAT	8.43	3.44	1.82
Net Worth	17.96	9.53	6.09
Reserves & Surplus	12.95	9.52	6.08
Total Borrowings	12.97	10.03	4.84

Objects of the issue

Working Capital: ₹24.23–₹24.24 crore
Debt Repayment: ₹4.00 crore
Marketing & Expansion: ₹1.80–₹2.75 crore
General Corporate Purposes: Remaining proceeds and issue expenses

About the company

Incorporated in September 2021, Fly-Hi Maritime Travels Limited is a specialized maritime travel company providing end-to-end crew travel and mobility solutions to commercial shipping companies. Its services include airline ticketing, route planning, ground transportation, hotel bookings, visa coordination, travel monitoring, disruption management and 24/7 emergency support for seafarers.

The Company offers customized travel solutions aligned with vessel schedules and crew boarding requirements. It operates through a centralized model managed from its Mumbai corporate office, with a distributor in the UAE supporting international customers. Fly-Hi Maritime Travels serves clients across multiple countries, including India, the UAE, Singapore, the UK, the USA, Greece and Cyprus. It is IATA-accredited and recognized as a startup by DPIIT. As of July 31, 2026, the Company employed 54 people across various functions.

Company strengths

Customized travel solutions with 24/7 operational support.
IATA accreditation and global servicing capabilities.
International presence through a UAE distributor.
Efficient centralized operations backed by a skilled workforce.
Experienced management with maritime industry expertise.
Established international customer relationships.
End-to-end crew travel solutions for commercial shipping companies.

Promoters

Jitendra Kumar NegiMridul Dilip Singhvi.

Registered office & contact

Fly-Hi Maritime Travels Limited.

Address - SF-04

2nd Floor

Vasant Square Mall, Vasant Kunj

New Delhi, New Delhi, 110070

📞 +91-9152110080

✉️ cs@fhmtravels.in

How to apply

1Create your account & log inSign up on Investoyard and complete a quick KYC.

2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.

3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.

4Approve the UPI mandateYou receive a fund-block request on your UPI app.

5DoneFunds stay blocked until allotment, then auto-debited (or released).

Frequently asked questions

What is the minimum investment in the FLY HI MARITIME TRAVELS LIMITED IPO?

One lot of 1200 shares — ₹2,44,800 at the upper price band of ₹102.

How many bids can I place?

Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.

When are the funds debited?

Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.

When will the shares list?

Tentative listing on 2026-09-08 on BSE SME.

₹102

Applications are closed.