IPO

Marine Electricals (India) Limited IPO

NSE SME

Offer Date: Sep 28, 2018 - Oct 3, 2018

₹ 256000 /4000 Shares
*Min Investment

28 Sep, 2018

Open Date

03 Oct, 2018

Close Date

09 Oct, 2018

Allotment Date

11 Oct, 2018

Listing Date
IPO Issue Details
  • Issue Price Rs 64/- to Rs 66/- Per Equity Share 
  • Face Value Rs 10 Per Equity Share 
  • Issue Price Fresh Issue of 64,96,000 Equity Shares of Rs 10/- at a price of Rs 64/- to Rs 66/- per share aggregating to Rs 42.87 Cr
  • Listing at NSE SME
  • Lead Manager Aryaman Financial Services Limited
  • Registrar Bigshare Services Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


Marine Electricals (India) Limited IPO is an SME IPO, priced at Rs 64/- to Rs 66/- Per Equity Share . The equity shares have a face value of Rs 10 Per Equity Share  each and will be listed on the NSE SME platform.

The IPO bidding window is open from Sep 28, 2018 to Oct 3, 2018. The allotment is expected to be finalized on Oct 9, 2018, and the tentative listing date is Oct 11, 2018.


The registrar of the IPO is Bigshare Services Private Limited, and

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IPO Subscription Analysis And Details
Retail
13.00x
Total
75.00x
As onQIB / NIIRetailTotal
Shares Offered / Reserved30,80,00030,80,00061,60,000
Day 1 - 28-09-18
9,38,000 0.30 x82,000 0.03 x10,20,000 0.17 x
Day 2 01-09-18
27,26,000 0.89 x3,34,000 0.11 x30,60,000 0.50 x
Day 3 03-09-18
62,68,000 2.04 x13,10,000 0.43 x75,78,000 1.23 x
Valuations
Earnings Per Share (EPS) Rs 6.63/-
P/E Ratio 9.95
RoNW 15.53%
Net Asset Value (NAV) ( Post Issue ) Rs 55.81/-
IPO - Issue Objectives