Fly-Hi Maritime Travels Share Price: Stock Lists at 20% Discount on BSE

On September 8, 2026, Fly-Hi Maritime Travels Ltd. shares made their market debut on the stock exchanges. The stock listed at ₹81.60 on the Bombay Stock Exchange (BSE), reflecting a 20.00% discount over its IPO issue price (Previous Close) of ₹102.00 per share. 

Fly-Hi Maritime Travels Ltd. IPO Overview 

Fly-Hi Maritime Travels Ltd. launched its fixed price IPO with a total issue size of ₹52.63 crore. The issue is a combination of a fresh issue of 41.60 lakh shares aggregating to ₹42.44 crore and an offer for sale of 10.00 lakh shares aggregating to ₹10.20 crore.  

Bidding opened on September 1, 2026, and closed on September 3, 2026. The final issue price was set at ₹102 per share, with a face value of ₹5 per share. The retail application lot size was fixed at 1,200 shares, requiring a minimum investment of ₹1,22,400. Corporate Makers Capital Ltd. served as the book running lead manager, and Kfin Technologies Ltd. acted as the registrar. 

Fly-Hi Maritime IPO listed on the BSE SME. 

Fly-Hi Maritime IPO subscribed 2.12 times. The public issue subscribed 3.66 times in the individual investors category and 0.58 times in the NII category by September 3, 2026 6:54:29 PM (Day 3). 

Business Overview of Fly-Hi Maritime Travels Ltd. 

Incorporated in September 2021, Fly-Hi Maritime Travels Ltd. is a specialized maritime travel company providing end-to-end crew travel and mobility solutions for commercial shipping companies.  

The company manages travel arrangements for seafarers from home countries to ports of boarding, offering airline ticketing, route planning, ground transport, hotel bookings, visa coordination, and 24/7 support.  

Headquartered in Mumbai with a distributor in the UAE, the company serves clients across six countries, including Cyprus, Greece, the USA, the UK, Singapore, UAE, and India. As an IATA-accredited startup, it employed a workforce of 54 personnel as of July 31, 2026. 

Financial Overview of Fly-Hi Maritime Travels Ltd. 

The company achieved consistent upward financial momentum over the last three fiscal years. For the financial year ended March 31, 2026, total income rose to ₹62.21 crore, up from ₹45.75 crore on March 31, 2025, and ₹45.41 crore on March 31, 2024.  

Profit after tax recorded a strong increase to ₹8.43 crore in fiscal 2026, compared to ₹3.44 crore in fiscal 2025 and ₹1.82 crore in fiscal 2024. Net worth correspondingly reached ₹17.96 crore by March 31, 2026, while total borrowing stood at ₹12.97 crore compared to ₹10.03 crore in the previous fiscal year. 

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Fly-Hi Maritime Travels Share Price Performance 

As of September 08, 2026, at 09:50 AM, Fly-Hi Maritime Travels share price on BSE was trading at ₹77.55, down by 23.97% from its IPO issue price of ₹102.00. 

Conclusion 

Fly-Hi Maritime Travels equity shares opened at a discount of 20.00% at ₹81.60 on the BSE, losing further ground during early trade against its issue price of ₹102.00 per share. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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