Fly-Hi Maritime Travels Ltd IPO

Fly-Hi Maritime Travels Ltd IPO

Our company 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. We manage their airline tickets, ground travel, hotel stay, visa application etc until they reach the desired port of boarding. Every movement of the crew members directly impacts the vessel schedules, compliances and operations. Our role is to absorb this complexity on behalf of shipping companies by planning and making end to end travel arrangements for the crew members and by offering them 24/7 support during their travel from their home country to the port of boarding. Modern shipping fleets operate with crew of mixed nationalities and therefore each crew member has to have a tailor made travel itinerary to ensure their arrival to the port of boarding as per the desired time and schedule. We work with commercial shipping companies to move their crew from countries to the port of boarding, we have commercial shipping companies as our customers from more than 6 countries. We offer the following services to the commercial shipping companies for their crew travel.

Fly-Hi Maritime Travels Ltd IPO Details

Total Shares Offered

₹ 51,60,000

Offer to Public

9,99,600

Retail Max (Shares)

₹ 24,48,000

Pre Issue Promoters Holding

₹ 80,15,960

Exchange

BSE

Issue size

₹ 52.63 Cr

IPO Open Date

Sep 1, 2026

Close Date

Sep 3, 2026

Lot Size

2400

Min Investment

₹ 2,44,800

Issue Type

Fixed Price - SME

Listing Date

Sep 8, 2026

Fly-Hi Maritime Travels Ltd IPO Dates

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Sep 1, 2026
Opening date
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Sep 3, 2026
Closing date
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Sep 4, 2026
Basis of Allotment
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Sep 7, 2026
Initiation of Refunds
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Sep 7, 2026
Credit of Shares
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Sep 8, 2026
Listing date

Details

SectorType
SectorTravel Agencies
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Fly-Hi Maritime Travels Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations5.082.646.02
EBITDA5.452.756.03
PAT3.441.824.33
Total Assets16.7614.9813.78
Share Capital0.010.010.01
Total Borrowings10.365.454.28
Operating Activities (Net Cash)3.811.934.34
Investing Activities (Net Cash)-2.440.000.00
Financing Activities (Net Cash)10.365.454.28
Net Cashflow3.672.933.21

About Fly-Hi Maritime Travels Ltd

Our Company was originally incorporated as a Private Limited Company under the name of Fly-Hi Maritime Travels Private Limited on September 29, 2021 under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Further our Company was converted into Public Limited pursuant to resolution passed by our shareholders at Extra ordinary general meeting held on December 05, 2025 name of our company was changed from Fly-Hi Maritime Travels Private Limited to Fly-Hi Maritime Travels Limited and a fresh Certificate of Incorporation pursuant to conversion into Public Limited dated December 08, 2025 issued by the Registrar of Companies, Central Processing Centre. The CIN of our Company is U63030DL2021PLC387367.

The Shipping crew travel management refers to the organised planning, booking, and coordination of seafarers' movement between vessels, ports, and home locations. It covers logistics such as air travel, visa processing, accommodation, and ground transport, while ensuring compliance with applicable maritime regulations and safety requirements. The objective is to facilitate timely crew rotations, limit vessel downtime, and support crew movement during assignments. Given the complexity of global shipping routes and evolving regulatory conditions, specialised travel-management services are increasingly required by shipping companies, ship managers, and offshore operators. These services assist in coordinating crew movements, improving operational efficiency, and reducing travel-related risks. The market is influenced by rising cross-border workforce movement, greater deployment of multinational crew, and increasing operational complexity arising from irregular vessel schedules, weather-related disruptions, and short notice port changes. Shipping operators require travel-management support with marine-focused capabilities, quick response mechanisms, and access to global supplier networks to maintain continuity in crew movements. The use of digital platforms, automated scheduling tools, predictive disruption management systems, and mobile applications for seafarers is improving transparency, accuracy, and efficiency in travel planning. Travel management entities are also expected to provide comprehensive compliance support as immigration requirements, port health rules, and documentation obligations continue to change. Duty-of-care considerations are gaining relevance, with shipping companies assessing route safety, layover conditions, and travel policies that account for crew well-being. Environmental factors are also being incorporated into decision making, including evaluation of lower-emission travel choices, responsible accommodation options, and basic carbon tracking mechanisms. The Global Shipping Crew Travel Management Market is moving toward a technology enabled and compliance-oriented service model with greater emphasis on operational resilience.

Our company 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. We manage their airline tickets, ground travel, hotel stay, visa application etc until they reach the desired port of boarding. Every movement of the crew members directly impacts the vessel schedules, compliances and operations. Our role is to absorb this complexity on behalf of shipping companies by planning and making end to end travel arrangements for the crew members and by offering them 24/7 support during their travel from their home country to the port of boarding. Modern shipping fleets operate with crew of mixed nationalities and therefore each crew member has to have a tailor made travel itinerary to ensure their arrival to the port of boarding as per the desired time and schedule. We work with commercial shipping companies to move their crew from countries to the port of boarding, we have commercial shipping companies as our customers from more than 6 countries. We offer the following services to the commercial shipping companies for their crew travel.

Fly-Hi Maritime Travels Ltd Key Points

Strengths

Proven Track Record.

Experienced Management.

Establish Relationship with Customers.

Skilled and hardworking force.

Distributor for better customer servicing.

Risk

We derive a significant portion of revenue from markets outside India and any adverse developments in such markets or policies could adversely affect our business and results of operations.

We have executed agreements with our large clients. If our customers choose not to source their requirements from us, or we are unable to procure new orders on a regular basis or at all, this may adversely affect our business, financial condition, results of operations and cash flows.

Our Company operations requires significant amount of working capital for a continuing growth. Our inability to meet our working capital requirements may adversely affect our results of operations.

Strategy

Appointing Distributors.

Digital Tools for Efficient Operations.

Onboarding Customers from Different Industry Segment.

Expanding in International Markets.

How To Apply for Fly-Hi Maritime Travels Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Fly-Hi Maritime Travels Ltd IPO?

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Fly-Hi Maritime Travels Ltd's IPO offers shares for up to 42.44 It begins on Sep 1, 2026 and ends on Sep 3, 2026.

What is the price of the Fly-Hi Maritime Travels Ltd IPO?

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The price of Fly-Hi Maritime Travels Ltd IPO ranges between ₹102 to ₹102 per share.

What are the open and close dates for the Fly-Hi Maritime Travels Ltd IPO?

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The Fly-Hi Maritime Travels Ltd IPO opens on Sep 1, 2026 and closes on Sep 3, 2026.

When will the Fly-Hi Maritime Travels Ltd IPO be allotted?

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The allotment for the Fly-Hi Maritime Travels Ltd IPO will be finalised on Sep 4, 2026. The shares will be listed on BSE and NSE on Sep 8, 2026.

What is the minimum lot size required for Fly-Hi Maritime Travels Ltd IPO?

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The minimum lot size for Fly-Hi Maritime Travels Ltd IPO is 2400 shares, priced between ₹102 to ₹102 per share.

What is the GMP of Fly-Hi Maritime Travels Ltd IPO?

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The GMP (Grey Market Premium) of Fly-Hi Maritime Travels Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Fly-Hi Maritime Travels Ltd IPO?

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To check the allotment status of Fly-Hi Maritime Travels Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Fly-Hi Maritime Travels Ltd IPO getting listed?

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The Fly-Hi Maritime Travels Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 1, 2026, and closes on Sep 3, 2026. The allotment is finalised on Sep 4, 2026.

How do you apply for the Fly-Hi Maritime Travels Ltd IPO?

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To apply for the Fly-Hi Maritime Travels Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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