Marine Electricals IPO IPO

Mainline28 Sep to 3 Oct, 2018 – 28 Sep to 3 Oct, 2018

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Open

28 Sep to 3 Oct, 2018

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28 Sep to 3 Oct, 2018

Allotment

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Listing

Thu, Oct 11, 2018

Price Band

₹64 to ₹66

Issue Size

64,96,000 shares (agg. up to ₹43 Cr)

Lot Size

2,000 Shares

Listing Date

Thu, Oct 11, 2018

✦ AI Insight

Live Subscription

Category	Subscription (times)
Total	1.05x

Restated Financials (₹ Cr.)

Period Ended	31 Mar 2018	31 Mar 2017	31 Mar 2016
Assets	354.63	227.01	149.10
Total Income	383.46	273.65	251.69
Profit After Tax	16.26	10.80	9.35
NET Worth	94.05	74.82	63.39
Reserves and Surplus	76.01	57.64	46.21
Total Borrowing	41.90	34.79	28.33
Amount in ₹ Crore

Peer Comparison

Company	Issue Type	Issue Size	Issue Price	PE Ratio	Listing Day Close	Listing Gain/Loss %	LTP
Spectrum Electrical Industries Ltd.	SME	₹25.87 Cr	₹65	null	₹65.50	+0.77%	₹2,611.10
Marshall Machines Ltd.	SME	₹16.25 Cr	₹42	null	₹39.30	-6.43%	₹13.89
Aaron Industries Ltd.	SME	₹4.78 Cr	₹38	null	₹38.70	+1.84%	₹125.01
Affordable Robotic & Automation Ltd.	SME	₹22.79 Cr	₹85	null	₹99.25	+16.76%	₹164.23
Innovators Facade Systems Ltd.	SME	₹40.76 Cr	₹72	null	₹75.60	+5.00%	₹118.45
Taylormade Renewables Ltd.	SME	₹11.34 Cr	₹35	null	₹37.80	+8.00%	₹61.45
Benara Bearings & Pistons Ltd.	SME	₹33.49 Cr	₹63	null	₹61.95	-1.67%	₹9.93
Macpower CNC Machines Ltd.	SME	₹36.61 Cr	₹140	null	₹162.05	+15.75%	₹1,874.10
ICE Make Refrigeration Ltd.	SME	₹23.71 Cr	₹57	null	₹68.40	+20.00%	₹730.35
Jash Engineering Ltd.	SME	₹48.01 Cr	₹120	null	₹144.00	+20.00%	₹518.70

Objects of the Issue

#	Issue Objects	Est Amt (₹ Cr.)
1	Working Capital Requirements	32.00
2	General Corporate Purposes	8.87

About Marine Electricals IPO

Updated on Aug 5, 2026

Contact Details

Marine Electricals (India) Ltd. AddressB/1, Udyog Sadan No.3MIDCAndheri (East)Mumbai, Maharashtra, 400093+91 22 4033 4300info@marineelectricals.comVisit Website