Essex Marine IPO Date, Review, Price, Details

Essex Marine is launching its Initial Public Offering (IPO) with the subscription period scheduled between August 4 and August 6, 2025. This IPO operates through a fixed price mechanism, with shares being offered at ₹54 each. The company aims to raise a total of ₹23.01 crores, comprising only a fresh issue of shares. The offering does not reserve any shares for Qualified Institutional Buyers (QIB), while the allocation is split equally between retail investors (50%) and High Net-worth Individuals (HNI) (50%).

Applicants can expect the allotment results on August 7, 2025, and the shares are set to debut on the BSE on August 11, 2025.

Reviewing Essex Marine’s recent financial performance, the company posted revenues of ₹21.11 crores for 2024 compared to ₹23.59 crores in 2023. Profits stood at ₹1.82 crores for 2024, slightly down from ₹2.03 crores reported in the previous year.

Essex Marine is launching its Initial Public Offering (IPO) with the subscription period scheduled between August 4 and August 6, 2025. This IPO operates through a fixed price mechanism, with shares being offered at ₹54 each. The company aims to raise a total of ₹23.01 crores, comprising only a fresh issue of shares. The offering does not reserve any shares for Qualified Institutional Buyers (QIB), while the allocation is split equally between retail investors (50%) and High Net-worth Individuals (HNI) (50%).

Essex Marine IPO Market Lot Size

The Essex Marine IPO minimum market lot is 4,000 shares with ₹2,16,000 application amount.

Application

Lot Size

Shares

Amount

Retail Minimum

2

4,000

₹2,16,000

Retail Maximum

2

4,000

₹2,16,000

S-HNI Minimum

3

6,000

₹3,24,000

Essex Marine IPO Details

IPO Open Date:

August 4, 2025

IPO Close Date:

August 6, 2025

Face Value:

₹10 Per Equity Share

IPO Price Band:

₹54 Per Share

Issue Size:

Approx ₹23.01 Crores

Fresh Issue:

Approx ₹23.01 Crores

Lot Size:

2,000 Shares

Issue Type:

Fixed Price Issue

IPO Listing:

BSE SME

Retail Quota:

Not more than 50%

NII Quota:

Not more than 50%

Essex Marine IPO Valuation – FY2024 (KPI)

Check Essex Marine IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI

Values

ROE:

15.06%

ROCE:

14.40%

EBITDA Margin:

26.04%

PAT Margin:

9.52%

Debt to equity ratio:

2.97

Earning Per Share (EPS):

₹1.66 (Basic)

Price/Earning P/E Ratio:

N/A

Return on Net Worth (RoNW):

14.01%

Net Asset Value (NAV):

₹11.83

Essex Marine IPO Company Financial Report

For the financial year 2024, the company recorded revenues totaling ₹21.11 crores, which is a decrease from the ₹23.59 crores posted in 2023. Similarly, net profits for 2024 came in at ₹1.82 crores, compared to a slightly higher ₹2.03 crores net profit achieved during the previous year.
(Amounts are in crores of rupees.)

Period Ended

Revenue

Expense

Profit After Tax

Assets

2022

₹63.01

₹60.30

₹1.73

₹43.89

2023

₹23.59

₹20.74

₹2.03

₹40.99

2024

₹21.11

₹18.52

₹1.82

₹34.26

December 2024

₹29.86

₹24.36

₹4.10

₹49.75

Essex Marine IPO Dates

The Essex Marine IPO date is August 4 and the close date is August 6. The Essex Marine IPO allotment will be finalized on August 7 and the IPO listing on August 11.

IPO Open Date:

August 4, 2025

IPO Close Date:

August 6, 2025

Basis of Allotment:

August 7, 2025

Refunds:

August 7, 2025

Credit to Demat Account:

August 7, 2025

IPO Listing Date:

August 11, 2025

Promoters of Essex Marine IPO

The promoters of the company are Debashish Sen and Kajari Sen.

About Essex Marine IPO

To be updated soon

Peer Group Comparison

Company

EPS

PE Ratio

RoNW %

NAV

Income

Kings Infra Ventures Limited

3.22

26.30

13.24%

23.57

90.41 Cr.

Zeal Aqua Limited

0.66

10.50

10.47%

6.27

397.80 Cr.

Objects of the IPO

  • Enhancing the current peeling operations at the processing facility located on Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441.

  • Introducing a “Ready-to-Cook” section by incorporating a blanching process within the same processing unit at the aforementioned address.

  • Meeting the company’s requirements for working capital.

  • Repaying or partially prepaying certain outstanding borrowings.

  • Addressing general corporate needs.

Merchant Bankers
  • Khandwala Securities Limited
Company Address

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 IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php

Check Grey market premium at below 

(GMP)

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