August, 13 2025 Wednesday 00:22 Hrs
Ifin-logo
  • SENSEX :   80,235.59

  • Top commodity trading and broking companies in India-368.49( -0.46%) 12-Aug-2025
Login for
FundBoss
Trade Online
Open Account

IPO Synopsis

Essex Marine Ltd
  • Registered Office: #.19 Pollock Street, 7th Floor,Room No.7, Kolkata - 700001, West Bengal, India.
  • Phone : +91 33 2262 7929   Fax:
  • Email : cs@essexmpl.com
  • Website :www.essexmpl.com
Public issue of 42,62,000 equity shares of face value Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 54/- per equity share (including a securities premium of Rs. 44/- per equity share) (the "Issue Price"), aggregating upto Rs. 23.01 crores ("Issue") of the issue, 2,14,000 equity shares aggregating to Rs. 1.16 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 40,48,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 54/- per equity share aggregating to Rs. 21.86 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.92%% and 26.52%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 5.4 times of the face value.
Issue
Opens On Closes On
04-Aug-25 06-Aug-25
Money Payable On
Application Allotment
54.00 0.00
Minimum Application for shares in Nos : 4000 Further Multiples of : 2000
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 19.84 Khandwala Securities Ltd
Project Financed through Current Offer (.Cr) 23.01  
Post Issue Equity Share Capital (.Cr) 15.26
Issue Price () 54.00
Projects
Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441
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
Funding of working capital requirements of the company
Repayment/Pre-payment, in full or in part, of certain borrowings availed by the company
General corporate purposes
Promoted By
Debashish Sen
Kajari Sen
Listing At
BSE - SME
Registrar to the Issue
Skyline Financial Services Pvt
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.