Fly-Hi Maritime Travels IPO

Travel & Tourism - Maritime Crew Travel Services - Listed on 08 September 2026

-20.0% listing gain
Issue Price (Upper)
Rs 102
Listing Price
Rs 81.6
Closing Price (NSE)
Rs 77.55
Total Subscription
2.18x

Fly-Hi Maritime Travels IPO listing summary

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.

Listing day performance

Listing Gain (Open)
-20.00%
Listing Gain (Close)
-23.97%
Day Change After Listing
-4.96%
Retail Quota
50.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB-
HNI / NII0.69x
Retail3.67x
Overall2.18x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.01x
Day 20.14x
Day 3 (Final)2.18x

Fly-Hi Maritime Travels IPO GMP history

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.

DayGMP (Rs)GMP %
Day 1Rs 5+4.90%
Day 2Rs 9+8.82%
Day 3Rs 15+14.71%
Day 4Rs 15+14.71%
Day 5Rs 2+1.96%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
2.0%-14.7%
IPOGyani AI Prediction
-
Actual Listing Gain
-20.0%

Issue & financials

Issue SizeRs 52.63 Cr
Fresh IssueRs 42.44 Cr
OFSRs 10.2 Cr
IPO PE12.13
Peer / Sector PE12.23
PE vs Sector Ratio0.99
Latest EBITDA (Cr)20.14
Debt / Equity0.72

Market context at listing

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.

Nifty 3D Return-0.57%
Nifty 1W Return-1.25%
Nifty 1M Return-3.22%
Nifty during IPO window-0.69%

Fly-Hi Maritime Travels IPO - FAQs

What was the listing gain of Fly-Hi Maritime Travels IPO?

Fly-Hi Maritime Travels IPO listed at -20.0% versus the upper issue price of Rs 102 on 08 September 2026.

How many times was Fly-Hi Maritime Travels IPO subscribed?

Fly-Hi Maritime Travels IPO was subscribed 2.18x overall. QIB portion was subscribed -, HNI / NII 0.69x and Retail 3.67x.

What was the IPO GMP for Fly-Hi Maritime Travels?

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.

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