Essex Marine Limited – IPO
Essex Marine Limited – IPO Details
| IPO Date | August 4, 2025 to August 6, 2025 |
| Listing Date | August 11, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 54 to ₹ -- / Share |
| Lot Size | 2000 Shares |
| Total Issue Size | 42,62,000 shares (Aggregating up to ₹23.01 Cr) |
| Fresh Issue | |
| Offer for Sale | |
| Employee Discount | |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share holding pre issue | 1,10,00,000 shares |
| Share holding post issue | 1,52,62,000 shares |
| Market Maker portion |
Essex Marine Limited Timeline (Tentative Schedule)
Essex Marine Limited IPO opens on August 4, 2025, and closes on August 6, 2025.
| IPO Open Date | August 4, 2025 |
| IPO Close Date | August 6, 2025 |
| Basis of Allotment | August 7, 2025 |
| Initiation of Refunds | August 8, 2025 |
| Credit of Shares to Demat | August 8, 2025 |
| Listing Date | August 11, 2025 |
| Cut-off time for UPI mandate confirmation | August 6, 2025 |
Essex Marine Limited IPO Lot Size
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | |
| Retail (Max) | 2 | 4,000 | |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 6,000 |
Essex Marine Limited IPO Promoter Holding
| Share Holding Pre Issue | 99.99% |
| Share Holding Post Issue | 72.08% |
Essex Marine Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | 50% |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | 50% |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
Essex Marine Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About Essex Marine Limited
Founded in 2009, Essex Marine Limited is a seafood exporter and processor.
The company imports, processes, keeps, and exports quality fish and aquaculture commodities such as ribbon fish, eel fish, sea fish, squid, and mackerel to nations such as China, Belgium, and Japan.
Their Midnapur, West Bengal processing unit is equipped with state-of-the-art machines like IQF with Glazer and Hardener, plate freezers, blast freezers, and cold storage rooms, meeting international standards like HACCP, GMP, SSOP, FSSAI, and BRC.
The company is involved in the entire frozen fish and shrimp supply chain from India's eastern seashore, processing, and supplying products to overseas buyers.
The contemporary processing plant of the company is situated in Shankarpur, close to Digha, a major port of call in Purba Medinipur, West Bengal a region famous for high Vannamei aquaculture production.
Product Portfolio:
Marine fish
Marine shrimp
Aquaculture vannamei shrimp
As of December 31, 2024, the Company has 91 employees on payroll.
Competitive Strengths:
Strategic location of the processing unit
Geographical presence
Quality Assurance and Quality Control of the products
Strong, cordial & long-term relationship with the customers
Effective cost-based production and timely order fulfillment
Effective well-experienced management team
Key Performance Indicator
The market capitalization of Essex Marine IPO is ₹82.41 Cr.
| KPI | Values |
|---|---|
| ROE | 15.06% |
| ROCE | 14.40% |
| Debt/Equity | 2.97 |
| RoNW | 14.01% |
| P/BV | 4.56 |
| PAT Margin (%) | 9.52% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.66 | 3.58 |
| P/E (x) | 32.59 | 15.08 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of December 31, 2024 that is available in RHP.
Objects of the Issue (Essex Marine Limited IPO Objectives)
Essex Marine Limited Contact Details
Essex Marine Ltd. 19, Pollock Street, 7th Floor, Room No.7 Kolkata, West Bengal, 700001 Phone: +91 33 2262 7928 Email: [email protected] Website: http://www.essexmpl.com/ |
Essex Marine Limited IPO Registrar
Skyline Financial Services Private Ltd Phone: 02228511022 Email: [email protected] Website: https://www.skylinerta.com/ipo.php |