Essex Marine IPO – Key Details and Investment Highlights
Essex Marine Limited is launching its Initial Public Offering (IPO) on August 4, 2025, and the issue will close on August 6, 2025. This IPO is a Fixed Price Issue, with the company looking to raise approximately ₹23.01 crores, entirely through a fresh issue of equity shares. The offer for sale (OFS) portion has not been disclosed yet.
The IPO price is fixed at ₹54 per share, with a face value of ₹10 each. The investor allocation is divided into 50% for Retail Investors, 50% for High Net-Worth Individuals (HNIs), and 0% for Qualified Institutional Buyers (QIBs).
The basis of allotment is expected to be finalized on August 7, 2025, and the equity shares are proposed to be listed on the BSE SME platform on August 11, 2025.
Financial Highlights
Revenue: ₹21.11 crores in FY2024 vs. ₹23.59 crores in FY2023
Net Profit: ₹1.82 crores in FY2024 vs. ₹2.03 crores in FY2023
While there has been a slight dip in both revenue and profit compared to the previous year, the company remains profitable and maintains stable operations.
Essex Marine IPO Objectives:
The net proceeds from the Essex Marine IPO will be utilized for the following purposes:
- Expansion of Peeling Capacity
To expand the company’s existing peeling capacity at its processing unit located at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal – 721441, enhancing overall production efficiency. - Setting Up a “Ready-to-Cook” Section
To introduce a new “Ready-to-Cook” segment by integrating a blanching process within the existing facility at the same Shankarpur Road location, supporting product diversification and value addition. - Funding Working Capital Requirements
To meet the working capital needs of the company and ensure smooth business operations. - Repayment or Pre-payment of Borrowings
To repay or pre-pay, either fully or partially, certain outstanding loans availed by the company, thereby improving its debt profile. - General Corporate Purposes
To address general business requirements and strengthen the company’s financial and operational flexibility.
Essex Marine IPO Review (Apply or Not)
- Update Soon
Essex Marine IPO Date & Price Band Details:
| IPO Open Date: | August 4, 2025 |
| IPO Close Date: | August 6, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹54 Per Share |
| Issue Size: | Approx ₹23.01 Crores |
| Fresh Issue: | Approx ₹23.01 Crores |
| Lot Size: | 2,000 Shares |
| Issue Type: | Fixed Price Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 50% |
| NII Quota: | Not more than 50% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Essex Marine IPO Lot Size:
The minimum lot size for the Essex Marine IPO is 4,000 equity shares, requiring a minimum investment of ₹2,16,000 per application for retail investors.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 4,000 | ₹2,16,000 |
| Retail Maximum | 2 | 4,000 | ₹2,16,000 |
| S-HNI Minimum | 3 | 6,000 | ₹3,24,000 |
Essex Marine IPO Allotment & Listing Date (Details)
The Essex Marine IPO will open on August 4, 2025, and close on August 6, 2025. The allotment is expected to be finalized on August 7, 2025, with the listing scheduled on the BSE SME platform on August 11, 2025.
| IPO Open Date: | August 4, 2025 |
| IPO Close Date: | August 6, 2025 |
| Basis of Allotment: | August 7, 2025 |
| Refunds: | August 7, 2025 |
| Credit to Demat Account: | August 7, 2025 |
| IPO Listing Date: | August 11, 2025 |
Essex Marine IPO GMP Today:
- Update Soon
Promoters of Essex Marine Limited
The company is promoted by Mr. Debashish Sen and Ms. Kajari Sen, who play a pivotal role in driving the strategic vision, growth, and operations of Essex Marine Limited.
Essex Marine – Financial Performance
As per the financial statements, Essex Marine Limited recorded a revenue of ₹21.11 crores in FY2024, compared to ₹23.59 crores in FY2023. The net profit stood at ₹1.82 crores in FY2024, slightly lower than ₹2.03 crores in FY2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹63.01 | ₹60.30 | ₹1.73 | ₹43.89 |
| 2023 | ₹23.59 | ₹20.74 | ₹2.03 | ₹40.99 |
| 2024 | ₹21.11 | ₹18.52 | ₹1.82 | ₹34.26 |
| December 2024 | ₹29.86 | ₹24.36 | ₹4.10 | ₹49.75 |
Essex Marine IPO Valuation – FY2024
Here are the key valuation metrics of Essex Marine Limited based on its FY2024 financials:
| KPI | Values |
| ROE: | 15.06% |
| ROCE: | 14.40% |
| EBITDA Margin: | 26.04% |
| PAT Margin: | 9.52% |
| Debt to equity ratio: | 2.97 |
| Earning Per Share (EPS): | ₹1.66 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 14.01% |
| Net Asset Value (NAV): | ₹11.83 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Kings Infra Ventures Limited | 3.22 | 26.30 | 13.24% | 23.57 | 90.41 Cr. |
| Zeal Aqua Limited | 0.66 | 10.50 | 10.47% | 6.27 | 397.80 Cr. |
Essex Marine IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
IPO Lead Managers aka Merchant Bankers
- Khandwala Securities Limited
Essex Marine Company Address
Essex Marine Ltd.
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/
Essex Marine IPO – Frequently Asked Questions (FAQs)
Q1. What are the open and close dates for the Essex Marine IPO?
The Essex Marine IPO opens on August 4, 2025, and closes on August 6, 2025.
Q2. What is the IPO issue type?
It is a Fixed Price Issue IPO.
Q3. What is the price of the Essex Marine IPO?
The IPO is priced at ₹54 per equity share.
Q4. What is the lot size and minimum investment for retail investors?
The minimum lot size is 4,000 equity shares, with a total investment of ₹2,16,000 required per retail application.
Q5. What is the total issue size of the Essex Marine IPO?
The IPO aims to raise around ₹23.01 crores through a fresh issue. The offer-for-sale (OFS) component has not yet been disclosed.
Q6. What are the objectives of the Essex Marine IPO?
The proceeds will be used for:
- Expansion of existing peeling capacity
- Setting up a “Ready-to-Cook” section with blanching process
- Funding working capital needs
- Repayment/prepayment of certain borrowings
- General corporate purposes
Q7. When will the IPO allotment be finalized?
The basis of allotment is expected on August 7, 2025.
Q8. When will Essex Marine IPO list on the stock exchange?
The shares are scheduled to be listed on the BSE SME platform on August 11, 2025.
Q9. Who are the promoters of Essex Marine Limited?
The company is promoted by Mr. Debashish Sen and Ms. Kajari Sen.
Q10. What is the financial performance of the company?
In FY2024, the company reported revenue of ₹21.11 crores and net profit of ₹1.82 crores, compared to ₹23.59 crores and ₹2.03 crores, respectively, in FY2023.
Q11. Should you invest in Essex Marine IPO?
While the company has shown stable financials, potential investors should review the valuation, business model, and objectives carefully. The IPO may be suitable for long-term investors seeking opportunities in the marine and seafood processing sector.
