essex marine limited IPO
IPO Overview
Essex marine limited IPO is a SME public issue offered through a Book Building issue with a total issue size of ₹— crores. The IPO price band is set at ₹54 per share, and retail investors can apply with a minimum investment of ₹2.16 L as per IPO guidelines.
The Essex marine limited IPO opens on 4 Aug 2025 and closes on 6 Aug 2025. The IPO allotment is expected to be finalized on 7 Aug 2025, and the equity shares are proposed to be listed on BSE on 11 Aug 2025.
Investors can refer to the Essex marine limited IPO RHP-DRHP for detailed information. The issue is managed by Kh,wala Securities Limited as the book running lead manager, while Skyline Financial Services Private Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The company procures, processes, stores, and exports quality fish and aquaculture products, including ribbon fish, eel fish, marine fish, squid, and mackerel, to countries like China, Belgium, and Japan.
Their processing facility in Midnapur, West Bengal, is equipped with modern machinery such as IQF with Glazer and Hardener, plate freezers, blast freezers, and cold storage chambers, adhering to international standards like HACCP, GMP, SSOP, FSSAI, and BRC.
The company operates across the frozen fish and shrimp supply chain, sourcing from India’s eastern coast, processing, and exporting products to international customers.
The company’s modern processing facility is located at Shankarpur, near Digha, a major landing center in Purba Medinipur, West Bengal an area known for high Vannamei aquaculture production.
Product Portfolio:
Marine fish
Marine shrimp
Aquaculture vannamei shrimp
As on December 31, 2024, the Company has 91 employees on payroll.
Competitive Strengths:
Strategic location of the processing unit
Geographical presence
Quality Assurance and Quality Control of the products
Strong, cordial & long-term relationship with the customers
Cost effective production and timely fulfilment of orders
Well experienced management team
Investment Objective
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
Funding of working capital requirements of the Company
Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
General corporate purposes