Essex Marine
August 4, 2025 – August 6, 2025
| Price | ₹54 - ₹54 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | Aug 7, 2025 |
| Listing | Aug 11, 2025 |
Essex Marine Subscription
Last updated on 05-Aug-2025 16:58:04
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 2024000 | 734000 | 0.36 |
| Individual | 2024000 | 5176000 | 2.56 |
| Total | 4048000 | 5910000 | 1.46 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| Individual | 506 | 1294 | 2.56 |
Essex Marine About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 4000 | 216000 | 506 |
| sHNI | 3 | 6000 | 324000 | 0 |
| bHNI | 10 | 20000 | 1080000 | 0 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares | Available lots |
|---|---|---|---|
| INDIVIDUAL | 47.49% | 20,24,000 | 506 |
| HNI | 47.49% | 20,24,000 | 337 |
| Market Maker | 5.02% | 2,14,000 | |
| Total | 100.00% | 42,62,000 |
IPO Details
| Total Issue Size | 42,62,000 shares (aggregating up to ₹23.01 Cr) |
| Fresh Issue Size | 42,62,000 shares (aggregating up to ₹23.01 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,10,00,000 shares |
| Share Holding Post Issue | 1,52,62,000 shares |
| Reserved for Market Maker | 2,14,000 shares |
| Market Maker | Gretex Share Broking Limited |
Key Performance Indicator
| KPI | Dec-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 27.21% | 15.06% | 19.91% |
| ROCE | 17.16% | 14.40% | 17.14% |
| EPS (basic) | 7.45 | 3.31 | 3.68 |
Financial Details In Crores
| Period Ended | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 49.8 | 34.3 | 41.0 | 43.9 |
| Revenue | 29.9 | 21.1 | 23.6 | 63.0 |
| Profit After Tax | 4.1 | 1.8 | 2.0 | 1.7 |
| Net Worth | 17.1 | 13.0 | 11.2 | 9.2 |
| Reserves and Surplus | 11.6 | 7.5 | 5.7 | 3.7 |
| Total Borrowing | 20.9 | 16.1 | 19.3 | 26.5 |
Company Overview
Incorporated: 2009
Business: Seafood processing and export
Products: Ribbon fish, eel fish, marine fish, squid, mackerel, vannamei shrimp
Export Markets: China, Belgium, Japan
Facility Location: Shankarpur, near Digha, Purba Medinipur, West Bengal
Certifications: HACCP, GMP, SSOP, FSSAI, BRC
Processing Infrastructure:
IQF with Glazer & Hardener
Plate & Blast Freezers
Cold Storage Chambers
Supply Chain: Sourcing from India’s eastern coast → Processing → Export
Employee Strength (as of Dec 31, 2024): 91
Strength
Strategic Location: Proximity to high-yield Vannamei shrimp aquaculture regions.
Quality Assurance: Rigorous QA/QC protocols meeting international standards.
Customer Relationships: Long-term partnerships with global buyers.
Weakness
Biosecurity & Disease Risk: Outbreaks at shrimp farms or during transport can disrupt operations and impact revenue.
Product Concentration: Heavy reliance on a few products makes the company vulnerable to price or demand fluctuations.
Limited Diversification: A narrow product portfolio may hinder growth and affect long-term profitability.
Essex Marine Lead Manager(s)
Essex Marine Address
19, Pollock Street,
7th Floor,
Room No.7
Kolkata, West Bengal, 700001
Phone: +91 33 2262 7928
Email: cs@essexmpl.com
Website: http://www.essexmpl.com/