Essex Marine Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Essex Marine Ltd IPO
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		Money Payable On
Opens On	Closes On	Application	Allotment
04-Aug-25	06-Aug-25	(Rs)54.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :4000 Further Multiples of :2000

(Rs Cr)

Lead Managers to the Issue

Project Cost

19.84

Khandwala Securities Ltd

Project Financed through Current Offer

23.01

Post Issue Equity Share Capital

15.26

Issue Price

(Rs)54.00

Projects

Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441	Repayment/Pre-payment, in full or in part, of certain borrowings availed by the company
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	General corporate purposes
Funding of working capital requirements of the company

Promoted By
Debashish Sen
Kajari Sen

Listing At
BSE - SME

Registrar to the Issue

Skyline Financial Services Pvt