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Open
4 Aug 2025
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Close
6 Aug 2025
3
Allotment
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Listing
Mon, Aug 11, 2025
Price Band
₹54 per share
Issue Size
42,62,000 shares (agg. up to ₹23 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Aug 11, 2025
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.89x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 49.09 | 34.26 | 40.99 |
| Total Income | 39.93 | 21.11 | 23.59 |
| Profit After Tax | 4.67 | 1.82 | 2.03 |
| EBITDA | 9.44 | 4.99 | 6.01 |
| NET Worth | 17.68 | 13.01 | 11.19 |
| Reserves and Surplus | 6.68 | 7.51 | 5.69 |
| Total Borrowing | 23.90 | 16.08 | 19.34 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441 | 2.48 |
| 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 | 0.78 |
| 3 | Funding of Working Capital Requirement of the company | 6.00 |
| 4 | Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | 7.15 |
| 5 | General Corporate Purposes | 3.43 |
| 6 | Issue Expenses | 3.17 |
| Total | 23.01 |
About Essex Marine IPO
Incorporated in 2009, Essex Marine Limited is a seafood processing and exporting company. The company procures, processes, stores, and exports quality fish and aquaculture products, including ribbon fish, eel fish, marine fish, squid, and mackerel, to countries like China, Belgium, and Japan. Their processing facility in Midnapur, West Bengal, is equipped with modern machinery such as IQF with Glazer and Hardener, plate freezers, blast freezers, and cold storage chambers, adhering to international standards like HACCP, GMP, SSOP, FSSAI, and BRC. The company operates across the frozen fish and shrimp supply chain, sourcing from India’s eastern coast, processing, and exporting products to international customers. The company’s modern processing facility is located at Shankarpur, near Digha, a major landing center in Purba Medinipur, West Bengal an area known for high Vannamei aquaculture production. Product Portfolio: Marine fish Marine shrimp Aquaculture vannamei shrimp As on 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, c
Contact Details
Essex Marine Ltd. Address19, Pollock Street7th FloorRoom No.7Kolkata, West Bengal, 700001+91 33 2262 7928cs@essexmpl.comVisit Website