31 Mar 2023
Assets40.99
Total Income23.59
EBITDA6.01
Profit After Tax2.03
NET Worth11.19
Reserves and Surplus5.69
Total Borrowing19.34
At a glance
Updated 2026-09-11Essex Marine is a SME IPO with an issue size of ₹23.01 crore, proposed for listing on BSE SME. The issue structure includes a fresh issue of ₹21.86 crore.
Issue details
Listing atBSE SME
Issue typeFixed Price Issue
Issue size₹23.01 Cr
Fresh issue₹21.86 Cr
Face value₹10
Price band—–—
Allotment7th Aug 2025
Listing11th Aug 2025
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper priceNO DATA
Est. listing₹54.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens4th Aug 2025
Closes6th Aug 2025
Allotment7th Aug 2025
Refund8th Aug 2025
Demat8th Aug 2025
Listing11th Aug 2025
Subscription demand
Full bidding ↗Total2.91×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 4000 | — |
Company
Incorporated2009
Use of proceeds
| Object | Amount |
|---|---|
| Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441 | ₹2.48 Cr |
| 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 | ₹0.78 Cr |
| Funding of Working Capital Requirement of the company | ₹6.00 Cr |
| Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | ₹7.15 Cr |
| General Corporate Purposes | ₹3.43 Cr |
| Issue Expenses | ₹3.17 Cr |
| Total | ₹23.01 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue39.93₹ Cr · +89.2% vs prior year
EBITDA9.44₹ Cr · +89.2% vs prior year
PAT4.67₹ Cr · +156.6% vs prior year
Assets49.09₹ Cr · +43.3% vs prior year
Net Worth17.68₹ Cr · +35.9% vs prior year
Borrowing23.90₹ Cr · +48.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets34.26
Total Income21.11
EBITDA4.99
Profit After Tax1.82
NET Worth13.01
Reserves and Surplus7.51
Total Borrowing16.08
31 Mar 2025
Assets49.09
Total Income39.93
EBITDA9.44
Profit After Tax4.67
NET Worth17.68
Reserves and Surplus6.68
Total Borrowing23.90
KPIs
| KPI | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441 | 2.48 |
| 2 | 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 | 0.78 |
| 3 | Funding of Working Capital Requirement of the company | 6 |
| 4 | Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | 7.15 |
| 5 | General Corporate Purposes | 3.43 |
| 6 | Issue Expenses | 3.17 |
| Total | 23.01 |
Valuation & shareholding
Pre-IPO EPS4.24
Post-IPO EPS3.06
Pre-IPO P/E12.73
Post-IPO P/E17.67
Promoter holding pre99.99%
Promoter holding post72.08%
Market cap₹82.41 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Essex Marine IPO | — | 15.08 x | — | — |
| Q&T Foods IPO | — | 20.50 x | — | — |
| Crazy Snacks IPO | — | 12.57 x | — | — |
| M R IPO | — | 22.87 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441 | ₹2.48 Cr |
| 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 | ₹0.78 Cr |
| Funding of Working Capital Requirement of the company | ₹6.00 Cr |
| Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | ₹7.15 Cr |
| General Corporate Purposes | ₹3.43 Cr |
| Issue Expenses | ₹3.17 Cr |
| Total | ₹23.01 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Khandwala Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-11.
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