Essex Marine Limited IPO
Essex Marine Limited is a leading processor and exporter of frozen fish and shrimp under the brand “Essex.” With over 16 years of experience, it offers a range of value-added marine and aquaculture products, including vannamei shrimp. As a “One Star Export House,” the company serves major customers across China, Europe, and Israel, including food service distributors and warehouse chains. It also undertakes job work for merchant exporters to optimize plant utilization. Integrated across the supply chain, the company procures raw seafood from landing centres and aquaculture farms along India’s eastern coast, ensuring quality from source to shipment.
Price Band₹54 |
Dates04 Aug - 06 Aug |
GMP₹11 (20.37%) |
Subscriptions- |
Issue Size₹23.01 Crs |
Essex Marine IPO Key Dates
Opening Date
04 Aug 25
Closing Date
06 Aug 25
Basis Of Allotment
07 Aug 25
Initiations Of Refund
08 Aug 25
Credit Of Shares
08 Aug 25
Listing Date
11 Aug 25
Essex Marine IPO Objects
- Expansion of existing peeling capacity
- Setting up of “Ready-to-Cook”
- Funding of the working capital requirements of our Company
- Repayment in part, of certain secured borrowing availed by our Company
- General corporate purposes
Essex Marine IPO Details
Price Band₹54 |
Listing AtBSE SME |
IPO Issue TypeFixed Price |
Fresh Issue₹23.01 Cr (0.43 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹23.01 Cr (0.43 Cr Shares) |
Face Value₹10 per equity share |
Essex Marine IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Individual Investor |
Minimum
1
2,000
1,08,000
Maximum
1
2,000
1,08,000
|
|||
| Others |
Minimum
2
4,000
2,16,000
|
|||
Essex Marine IPO GMP
The estimated Grey Market Premium of Essex Marine IPO is ₹11 per share (20.37%)
Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.
Category Allocation
| Particulars | Allocation |
|---|---|
| Retail | Not more than 50% of Net Offer |
| Others | Not more than 50% of Net Offer |
| Market Maker | 2,14,000 EQ Shares |
Essex Marine IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 37.22 | 19.15 | 21.90 |
| Profit after Tax | 4.67 | 1.82 | 2.03 |
| Net Worth | 17.68 | 13.01 | 11.19 |
| Total Borrowing | 23.90 | 16.08 | 19.34 |
| Total Assets | 49.09 | 34.26 | 40.99 |
| NAV per share (in ₹) | 16.07 | 11.83 | 10.17 |
| EPS - Basic (in ₹) | 4.24 | 3.31 | 3.68 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 25.35% |
| PAT | 12.53% |
| ROE | 30.40% |
| ROCE | 18.87% |
| PE Ratio | 12.74 |
| PB Ratio | 3.36 |
| Mkt Cap (in Crs.) | 82.41 |
- All Ratios are based on Mar 25
- PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band on 19 March 2025.
Essex Marine IPO Peer Comparision
| Particulars | Essex Marine | Kings Infra | Zeal Aqua |
|---|---|---|---|
| Revenue from Ops (in Crs.) | 37.22 | 123.82 | 505.69 |
| PAT (In Crs.) | 4.67 | 13.01 | 10.10 |
| EPS - Basic | 4.24 | 5.31 | 0.80 |
| NAV per share | 16.07 | 29.01 | 14.02 |
| RONW | 26.39% | 18.38% | 11.33% |
| EBITDA | 25.35% | 19.47% | 8.44% |
| PAT Margin | 12.53% | 10.50% | 2.00% |
| Price to earning (PE) | 12.74 | 25.23 | 14.02 |
- There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Essex Marine IPO Peer Comparision
| Particulars | Essex Marine |
|---|---|
| Revenue from Ops (in Crs.) | 37.22 |
| PAT (In Crs.) | 4.67 |
| EPS - Basic | 4.24 |
| NAV per share | 16.07 |
| RONW | 26.39% |
| EBITDA | 25.35% |
| PAT Margin | 12.53% |
| Price to earning (PE) | 12.74 |
| Kings Infra | Zeal Aqua |
|---|---|
| 123.82 | 505.69 |
| 13.01 | 10.10 |
| 5.31 | 0.80 |
| 29.01 | 14.02 |
| 18.38% | 11.33% |
| 19.47% | 8.44% |
| 10.50% | 2.00% |
| 25.23 | 14.02 |
- There are no publicly listed companies in India with a business model exclusively similar to the company. Therefore, no peer comparison is provided.
Promoter Details
| Name | Shareholding |
|---|---|
| Debashish Sen | 91.85% |
| Kajari Sen | 8.14% |
| Total | 99.99% |
Management Details
| Name | Designation |
|---|---|
| Debashish Sen | MD |
| Sourav Sharma | CFO |
Company Details
Name: Essex Marine Limited
Address: 19, Pollock Street, 7th Floor, Room No.7, Kolkata – 700 001, West Bengal, India
Number: +91 33 2262 7928
Email: www.essexmpl.com
Website: cs@essexmpl.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Essex Marine IPO is a SME IPO having an issue size of Rs. ₹23.01 Crs. Essex Marine IPO is priced at ₹54 - ₹54 per share. The issue opens on 04 Aug 25 and closes on 06 Aug 25.
Essex Marine IPO opens on 04 Aug 25 and closes on 06 Aug 25.
The estimated Grey Market Premium of Essex Marine IPO is ₹11 per share (20.37%).
The minimum lot size of Essex Marine IPO is 2000 shares & the minimum application amount is Rs. 108000.
The allotment date of Essex Marine IPO is 07 Aug 25.
The listing date of Essex Marine IPO is 11 Aug 25.
Essex Marine IPO is subscribed -.
Essex Marine IPO is priced at ₹54 - ₹54 per share.
Click the allotment link on Essex Marine IPO page of IPO360.
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- Money will remain blocked till the refund date
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