Fly-Hi Maritime IPO GMP Today

Fly-Hi Maritime Travels Limited is a marine travel company engaged in managing end-to-end travel arrangements for crew members of commercial shipping companies. The company was incorporated in September 2021 and was converted into a public limited company in December 2025. The company manages various aspects of crew travel, including airline tickets, ground transportation, hotel accommodation, and visa applications, to facilitate the movement of crew members from their home countries to their designated ports of boarding. The company works with commercial shipping companies across more than six countries and focuses exclusively on addressing the travel requirements of maritime crew. Use of proceeds: The IPO consists of both a fresh issue of shares and an offer for sale (OFS).​ Proceeds from the OFS will go to the respective selling shareholders, whereas the net proceeds from the fresh issue will be utilised for the following purposes:​ Funding working capital requirements of the company — Rs 24.24 crore Repayment and/or pre-payment, in full or in part, of certain borrowings availed by the company — Rs 4 crore Towards talent acquisition for business marketing and development activities — Rs 1.80 crore General corporate purposes — Rs 6.36 crore