Essex Marine IPO Listing at 20% Discount at ₹43.20 Per Share

Posted by : sachet | Mon Aug 11 2025

Essex Marine IPO listing: The Essex Marine IPO was subscribed 2.91 times till its closing. In this subscription, x times were received by the qualified institutional buyers (QIBs) and 0.87 times by non-institutional investors (NIIs). The retail quota of the issue was subscribed to 47.49%. Before delving deeper into the topic, go through the details of the Essex Marine IPO.

Essex Marine IPO

Essex Marine IPO: It is a bookbuilding IPO of ₹23.01 crore, comprising a fresh issue of 42.62 lakh shares. The issue will be listed on BSE and SME on its tentative listing date, 11th August 2025. The Essex Marine IPO date is fixed between 4th August 2025 and 6th August 2025. The face value of Essex Marine IPO shares stands at ₹10 per share, and the IPO price band is ₹54 per share.

Table of Contents

Essex Marine IPO Details

IPO Open Date	4th August 2025
IPO Close Date	6th August 2025
IPO Allotment Date	7th August 2025
Refund Initiation	8th August 2025
Issue Size	42,62,000 shares(aggregating up to ₹23.01 Cr)
Face Value	₹10 per share
Lot Size	2,000 Shares
Issue Price Band	₹54 per share
Issue Type	Fixed Price IPO
Listing At	BSE & SME
Listing Date	11th August 2025

Essex Marine IPO Listing

On the BSE and SME platforms, Essex Marine is listed at 43.20 per share, reflecting a listing at a discount of 20% against the issue price of ₹54 per share.

About the Essex Marine Limited

Essex Marine was incorporated in 2009. Essex Marine is engaged in the processing of fish and shrimp and is headquartered in Kolkata, West Bengal. The company deals in providing various seafood products, including different types of fish and shrimp. The company has a large export market, and the market operates under its brand name “ESSEX.” They have 16 years of experience in dealing with seafood processing. Their major value-based customers are from China and Europe, which include food services and warehousing chains. Essex Marine has a strong commitment towards quality assurance, cost effectiveness, and timely delivery.

Essex Marine Limited Financials

The company’s financial analysis is essential before applying for the Essex Marine IPO. Look at the table to learn about Essex Marine Limited’s financials.

Year Ended	31 Dec2024(in Cr)	31st Mar 2024 (in cr.)	31st March 2023 (in cr.)	31st March 2022
Assets	49.75	34.26	40.99	43.89
Revenue	29.86	21.11	23.59	63.01
Profit After Tax	4.1	1.82	2.03	1.73
Net Worth	17.11	13.01	11.19	9.16
Reserve and surplus	11.61	7.51	5.69	3.66
Total Borrowing	20.91	16.08	19.34	26.52

Explanation

Essex Marine Limited’s revenue soared by 10.5% from ₹23.59 crores in March 2023 to ₹21.11 crores in March 2024. Moreover, the company’s PAT increased by 10.3% from ₹2.03 crores to ₹1.82 crores.

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