IPO

Essex Marine Limited IPO

BSE SME

Listed On: Aug 11, 2025 at ₹ 43.2

₹ 216000 /4000 Shares
*Min Investment

Check Allotment

04 Aug, 2025

Open Date

06 Aug, 2025

Close Date

07 Aug, 2025

Allotment Date

11 Aug, 2025

Listing Date
Essex Marine IPO Issue Details
  • Issue Price ₹54 per equity share
  • Face Value ₹10 Per Equity Share
  • Total Issue Size 42,62,000 shares(aggregating up to ₹23.01 crore)
  • Fresh Share 42,62,000 shares(aggregating up to ₹23.01 crore)
  • Listing at BSE SME
  • List Price 43.2
  • Listing Date 2025-08-11
  • Lead Manager Khandwala Securities Limited
  • Registrar Skyline Financial Services Private Ltd
Market Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Individual (min)24000₹2,16,000
Individual(max)24000₹2,16,000
NII (min) 36,000₹3,24,000
Essex Marine IPO Reservation

Essex Marine IPO offers total 32,64,000 shares. Out of which NA (18.97%) allocated to QIB, 4,65,600 (14.26%) allocated to NII,10,86,400 (33.28%) allocated to RII, NA (NA%) allocated to employees and NA (28.43%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares OfferedNA (28.43%)
Market Maker Shares OfferedNA (5.05%)
QIB Shares OfferedNA (18.97%)
NII (HNI) Shares Offered4,65,600 (14.26%)
Individual Shares Offered10,86,400 (33.28%)
Total Shares Offered32,64,000 (100%)
Essex Marine IPO Documents
Essex Marine IPO Details


Essex Marine Limited IPO is an SME IPO, priced at ₹54 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 42,62,000 equity shares, aggregating up to ₹23.01 crores..

The IPO bidding window is open from Aug 4, 2025 to Aug 6, 2025. The allotment is expected to be finalized on Aug 7, 2025, and the tentative listing date is Aug 11, 2025.

The minimum lot size for Individual investors is 4000 shares, with a minimum investment of ₹2,16,000. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,24,000.

Khandwala Securities Limited is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and

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Essex Marine IPO Subscription Analysis And Details
Retail
4.95x
Total
2.91x
As onQIB / NIIIndividualTotal
Shares Offered / Reserved20,24,00020,24,00040,48,000
Day 1 04-08-25 06:00 PM
0.21 x0.47 x0.34 x
Day 2 05-08-25 06:00 PM
0.36 x2.56 x1.46 x
Day 3 06-08-25 06:00 PM
0.87 x4.95 x2.91 x

Total No of Applications
2,711
Essex Marine Valuations
EPS Pre IPO ₹1.66/-
EPS Post IPO ₹3.58/-
P/E Pre IPO 32.59
P/E Post IPO 15.08
ROE 15.06%
ROCE 14.40%
Debt/Equity 2.97
RoNW 14.01%
PAT Margin 9.52%
Price to Book Value 4.56
Essex Marine Company Financials
In Crs.
In Cr.
31-Mar-2431-Mar-2331-Mar-22
Assets34.2640.99N/A
Revenue21.1123.59N/A
Profit After Tax1.822.03N/A
Net Worth13.0111.19N/A
Reserves & Surplus7.515.69N/A
Total Borrowing16.0819.34N/A
About Essex Marine Company

Founded in 2009, Essex Marine Limited is a seafood processing and export firm.

The firm imports, processes, warehouses, and exports high-quality fish and aquaculture products such as ribbon fish, eel fish, marine fish, squid, and mackerel to China, Belgium, and Japan.They have their processing plant in Midnapur, West Bengal, and it is equipped with advanced machinery like IQF with Glazer and Hardener, plate freezers, blast freezers, and cold storage chambers, which follow international standards like HACCP, GMP, SSOP, FSSAI, and BRC.

They have their business in the entire chain of frozen fish and shrimp, taking the supply from the east coast of India, processing, and exporting to customers abroad.The state-of-the-art processing plant of the company is at Shankarpur, close to Digha, a principal landing centre 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.

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Essex Marine - Promoter(s)

Debashish Sen

Kajari Sen

Pre Issue Share Holding : 99.99%

Post Issue Share Holding : 72.08%

Essex Marine IPO - Issue Objectives
1

Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441

2

Setting up of 'Ready-to-Cook' Section by adding blanching in the existing process at the existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441

3

Funding of working capital requirements of the Company

4

Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company

5

General corporate purposes

Contact Details

Essex Marine

19, Pollock Street,7th Floor, Room No.7, Kolkata, West Bengal, 700001

+91 33 2262 7928

cs@essexmpl.com

http://www.essexmpl.com/

Registrar Contact Details

Skyline Financial Services Private Ltd

02228511022

ipo@skylinerta.com

https://www.skylinerta.com/ipo.php