Essex Marine Limited IPO

Essex Marine Limited IPO

SME BSE SME Fixed Price
Closed

Price Band

₹54

Total Issue

₹23.01 Cr

Bid Dates

04 Aug - 06 Aug

Subscription

-

Est. GMP

₹11 (20.37%)

Website RHP Check Allotment

Essex Marine IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

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.

Essex Marine IPO Lot Size

Lot Information for Essex Marine IPO
Category Lots Shares Amount
Individual (Min) 1 2,000 ₹1,08,000
Individual (Max) 1 2,000 ₹1,08,000
Others (Min) 2 4,000 ₹2,16,000
Market Maker
2,14,000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

Essex Marine IPO Size

Total ₹23.01 Cr
Fresh Issue
₹23.01 Cr (0.43 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Essex Marine IPO Live Subscription

Updated as on 06 Aug 2025 | 05:00:00 PM

BSE SME Subscription Status for Essex Marine IPO
Category Sub (x) Offered Bids
Individual Investor 4.95x 20,24,000 1,00,12,000
Others 0.88x 20,24,000 17,78,000
Total 2.91x 40,48,000 1,17,90,000

Essex Marine IPO GMP

GMP ₹11
Est. Price ₹65
Est. Gain 20.37%

Peer Comparison

(Rs. in crores)

Essex Marine IPO Peer Comparison Table
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.

Financials

(Rs. in crores)

Financial Performance Metrics for Essex Marine IPO
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

KPIs

EBITDA

25.35%

PAT

12.53%

ROE

30.40%

ROCE

18.87%

  • 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.

Promoter Holding

Promoter

99.99%

Public

0.01%

Debashish Sen 91.85%
Kajari Sen 8.14%

Management

Debashish Sen MD
Sourav Sharma CFO

Registrar & Lead Managers

Lead Managers (1)

Frequently Asked Questions

What is Essex Marine IPO?
Essex Marine IPO is a SME IPO having an issue size of ₹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.
When will Essex Marine IPO open?
Essex Marine IPO opens on 04 Aug 25 and closes on 06 Aug 25.
What is the GMP of Essex Marine IPO?
The estimated Grey Market Premium of Essex Marine IPO is ₹11 per share (20.37%).
What is the lot size of Essex Marine IPO?
The minimum lot size of Essex Marine IPO is 2000 shares & the minimum application amount is Rs. 108000.
When is the allotment of Essex Marine IPO?
The allotment date of Essex Marine IPO is 07 Aug 25.
What is the listing date of Essex Marine IPO?
The listing date of Essex Marine IPO is 11 Aug 25.
What is the subscription of Essex Marine IPO?
Essex Marine IPO is subscribed -.
What is the price band of Essex Marine IPO?
Essex Marine IPO is priced at ₹54 - ₹54 per share.
How to check allotment status of Essex Marine IPO?
Click the allotment link on Essex Marine IPO page of IPO360.
How to apply Essex Marine IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Essex Marine IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Essex Marine IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Essex Marine IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date