Fly-Hi Maritime Travels IPO

Fly-Hi Maritime IPO comprises a total issue size of 51,60,000 shares. The net offer to the public is 48,96,000 shares, after excluding 2,64,000 shares allotted on a firm basis. Of the Net offer 24,48,000 (50.00%) allocated to NII 24,48,000 (50.00%) allocated to RII .

Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof.

IPO Subscription Details

Incorporated in September 2021, Fly-Hi Maritime Travels Limited is a specialized maritime travel company engaged in providing end-to-end crew travel and mobility solutions for commercial shipping companies. The Company manages travel arrangements for seafarers from their home countries to their designated ports of boarding, including airline ticketing, route planning, ground transportation, hotel bookings, visa coordination and 24/7 travel support.

The Company offers customized travel solutions designed around vessel schedules, crew joining windows and the requirements of multinational shipping crews. Its services include global crew ticketing, visa and immigration coordination, OK-to-board confirmations, real-time travel monitoring, disruption handling, emergency support and boarding confirmation. The Company operates through a centralized operational model, with its operations managed from its Mumbai corporate office, while also having a distributor in the UAE to support certain international customers.

Fly-Hi Maritime Travels serves commercial shipping companies across more than six countries, including Cyprus, Greece, the USA, the UK, Singapore, UAE and India. The Company is an International Air Transport Association (IATA) accredited company and its registered office has been recognized as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

As of July 31, 2026, the Company had a workforce of 54 employees across travel operations, marketing and sales, visa operations, finance, IT, HR and other support functions.

Competitive Strengths

Customized travel planning and 24/7 operational support.

IATA accreditation and international servicing capabilities.

Presence in international markets through a UAE distributor.

Centralized and efficient operational model supported by a skilled workforce.

Experienced management with strong commercial shipping industry expertise.

Established relationships with customers across multiple international markets.

Specialized end-to-end crew travel solutions for commercial shipping companies.

Fly-Hi Maritime Travels Ltd.'s revenue increased by 36% and profit after tax (PAT) rose by 145% between the financial year ending with March 31, 2026 and March 31, 2025.

The Fly-Hi Maritime IPO is subscribed 2.12 times on September 3, 2026 6:54:29 PM (Day 3). The public issue subscribed 3.66 times in the individual investors category, [.] times in the QIB category, and 0.58 times in the NII category. Check Day by Day Subscription Details (Live Status)

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Total Applications: 4,054

*Market Maker portion is not included to NII/HNI.