Fly-Hi Maritime Travels IPO Subscription Day 1: Issue Booked 0.01 Times

Mumbai, September 1: The Fly-Hi Maritime Travels IPO opened for subscription on September 1 2026, but the issue got off to a quiet start. By the end of the first day, investors had bid for 58,800 shares against 48,96,000 shares on offer, taking the overall subscription to 0.01 times.

Retail investors showed relatively higher participation, with their portion subscribed 0.02 times. The NII segment, however, remained at 0.00 times on the opening day.

The ₹53 crore IPO will remain open for subscription until September 3 2026. The issue is being offered at a fixed price of ₹102 per share and is proposed to list on the BSE SME platform.

Fly-Hi Maritime Travels IPO Details

The Fly-Hi Maritime Travels IPO has a total issue size of 51,60,000 shares, aggregating up to ₹53 crore. The issue includes both a fresh issue and an offer for sale.

The fixed issue price has been set at ₹102 per share, with a face value of ₹5 per share. For individual investors, the minimum application is 2,400 shares, which requires an investment of ₹2,44,800 at the issue price.

Fly-Hi Maritime Travels IPO Subscription Status

The first day of bidding saw limited demand across the two public investor categories. The IPO received bids for 58,800 shares by the close of Day 1, compared with 48,96,000 shares available for public subscription.

The retail portion received bids for 50,400 shares against 24,48,000 shares offered. As a result, the category was subscribed 0.02 times.

The NII category received bids for 8,400 shares against 24,48,000 shares on offer, translating into a subscription of 0.00 times. Overall, 25 applications were recorded during the first day.

Shares offered and total amount are calculated based on the upper price of the issue. The market maker portion is not included in the public subscription figures.

Day Wise Subscription Details

The Fly-Hi Maritime Travels IPO started its three-day subscription window on September 1. The first day remained relatively quiet, with the retail segment accounting for most of the bids received so far.

At the end of Day 1, the overall issue was subscribed 0.01 times. The retail portion stood at 0.02 times, while the NII category was subscribed 0.00 times.

About Fly-Hi Maritime Travels

Fly-Hi Maritime Travels is raising funds through a combination of fresh shares and an offer for sale. The company is making its shares available to investors at a fixed price of ₹102 each.

Corporate Makers Capital Ltd. is the book-running lead manager for the issue, while KFin Technologies Ltd. is handling the registrar responsibilities. Bhaijee Broking & Investments Pvt. Ltd. is the market maker for the IPO.

Conclusion

The Fly-Hi Maritime Travels IPO had a slow opening on September 1, with the overall issue subscribed just 0.01 times by the end of Day 1. Retail investors showed somewhat better participation at 0.02 times, while NII demand remained limited.

The IPO will stay open until September 3 2026, leaving investors two more days to place their bids. The allotment is expected on September 4 2026, followed by refunds and share credit on September 7 2026. The shares are tentatively scheduled to make their BSE SME debut on September 8 2026.

Source:

• https://www.bseindia.com/markets/publicissues/displayipo?id=4782&type=FPO&idtype=1&status=L&IPONo=7931&startdt=01%2F09%2F2026