Travel & Tourism - Maritime Crew Travel Services - Listed on 08 September 2026
Fly-Hi Maritime Travels (Travel & Tourism - Maritime Crew Travel Services) closed its IPO window in 2026 and listed on NSE and BSE on 08 September 2026 at an upper band issue price of Rs 102, opening at Rs 81.6 for a listing gain of -20.0% and closing day one at Rs 77.55 (-24.0% on closing basis). The IPO was subscribed 2.18x overall - QIB -, HNI/NII 0.69x, Retail 3.67x. The total issue size was Rs 52.63 Cr (Fresh Issue Rs 42.44 Cr, OFS Rs 10.2 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Travel & Tourism - Maritime Crew Travel Services
Fly-Hi Maritime Travels operates in the Travel & Tourism - Maritime Crew Travel Services space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The Fly-Hi Maritime Travels issue was offered at an upper price of Rs 102 and raised approximately Rs 52.63 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 5 | +4.90% |
| Day 2 | Rs 9 | +8.82% |
| Day 3 | Rs 15 | +14.71% |
| Day 4 | Rs 15 | +14.71% |
| Day 5 | Rs 2 | +1.96% |
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
How the broader market moved around the Fly-Hi Maritime Travels IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Fly-Hi Maritime Travels IPO listed at -20.0% versus the upper issue price of Rs 102 on 08 September 2026.
Fly-Hi Maritime Travels IPO was subscribed 2.18x overall. QIB portion was subscribed -, HNI / NII 0.69x and Retail 3.67x.
IPO GMP started at Rs 5 on Day 1 and moved to Rs 2 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.