Founded in 2002, Markolines Pavement Technologies Limited has emerged as a distinguished provider of Highway Operations & Maintenance (O&M) Services. Their mission revolves around offering seamless, cost-effective, and user-friendly solutions within the realm of Highway Operations & Maintenance, achieved through a fusion of Innovation, Technology, and inventive approaches.
With a rich history of delivering excellence in Highway Operations & Maintenance (O&M), Markolines Pavement Technologies has meticulously honed its capabilities. The company’s operational landscape can be broadly classified into the following domains:
- Highway Operations: This facet encompasses Toll Operations, Route Patrolling, and Incident Management, ensuring the efficient functioning of highways.
- Highway Maintenance: Under this banner, the company offers an array of services, including Routine Maintenance, Preventive Maintenance, and comprehensive Major Maintenance & Repairs (MMR), ensuring the longevity and optimal condition of highways.
- Specialized Maintenance Services: Here, Markolines Pavement Technologies provides specialized services aimed at enhancing road quality and lifespan. These services encompass Micro-surfacing (MS), Base / Subbase Stabilization (FDR), and Cold In-Place Recycling (CIPR).
Guided by a vision to contribute to the evolving infrastructure demands of a developing nation like India, Markolines Pavement Technologies leverages its enriched knowledge, expertise, and extensive experience in the field.
Distinguished by a technology-driven approach, the company remains at the forefront of innovation, consistently integrating the latest technologies to ensure the delivery of high-quality services to its diverse clientele.
Markolines Traffic Controls Ltd Stock Quote #
- Open: ₹139.50
- High – Low: ₹139.50 – ₹131.10
- Previous Close: ₹137.10
- Total Traded Value: 20,800
- 52 Weeks High: ₹207.00 (Nov 07, 2022)
- 52 Weeks Low: ₹101.00 (Mar 29, 2023)
- Updated On: Aug 11, 2023 4:00 PM
Markolines Pavement Technologies Rights Issue 2023 Detail #
| Issue Open | Jan 27, 2023 – Feb 24, 2023 |
| Security Name | Markolines Pavement Technologies Limited |
| Issue Size (Shares) | 2,985,550 |
| Issue Size (Amount) | ₹49.86 Crores |
| Issue Price | ₹167 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | The full amount of the Issue Price is payable on the Application. |
| Entitlement | 5 Right Shares for every 32 Equity Shares held as on the Record Date |
Markolines Pavement Technologies Rights Issue 2023 Issue Timetable #
| Record Date | Jan 17, 2023 |
| Credit of Rights Entitlements | Jan 25, 2023 |
| Bid/Offer Opens On | Jan 27, 2023 |
| Renunciation of Rights Entitlements | Feb 6, 2023 |
| Bid/Offer Closes On | Feb 24, 2023 |
| Deemed Date of Allotment | Feb 16, 2023 |
| Credit Date | Feb 20, 2023 |
| Listing Date | Feb 24, 2023 |
Company Financials #
| Period Ended | Total Revenue | Profit After Tax |
|---|---|---|
| 31-Mar-21 | 157.97 | 4.02 |
| 31-Mar-22 | 186.9 | 10.11 |
| Amount in ₹ Crore | ||
Objects of the Issue: #
The Company intends to utilize the proceeds raised through the Issue towards the following objects:
- Funding the working capital requirement of the Company;
- General corporate purposes
Markolines Pavement Technologies Rights Issue 2023 Documents #
Company Contact Information
502, A Wing, Shree Nand Dham,
Sector 11, CBD Belapur,
Navi Mumbai – 400614Phone: +91 22 6266 1111
Email: company.secretary@markolines.com
Website: http://www.markolines.com/
Markolines Pavement Technologies Rights Issue 2023 Registrar #
- Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
