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Home All IPOs Marine Electricals (India) Ltd. IPO

Marine Electricals (India) Ltd. IPO

NSE SME Bookbuilding IPO Fresh Capital Closed
GMP +₹0 +0% Est. Listing ₹66
Issue Price
₹66
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹66
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹132,000
1 lot · 2,000 shares
Opens
28 Sep
Closed
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Sep 2018
Fri Completed
Done
Close Date
03 Oct 2018
Wed Completed
Done
Allotment
08 Oct 2018
Mon Completed
Done
Refund
09 Oct 2018
Tue Completed
Done
Demat Credit
10 Oct 2018
Wed Completed
Done
Listing Date
11 Oct 2018
Thu Completed
UPI Deadline: 03 Oct 2018
Issue Details
Pricing & Size
Issue Price
₹66 Face ₹10
Lot Size
2,000 shares
Min Investment
₹132,000
Total Issue Size
64,96,000 shares (aggregating up to ₹42.87 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,36,000 (5.17%)
QIB Portion
-
NII / HNI
30,80,000 (47.41%)
Retail
30,80,000 (47.41%)
Employee
-
Net Offer to Public
61,60,000 shares (aggregating up to ₹40.66 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,80,37,050 shares
Post-Issue Shareholding
2,45,33,050 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,32,000
HNI / NII 2 4,000 ₹2,64,000
Objects of Issue
2 objectives
1
1 Working Capital Requirements
32.00 Cr
2
2 General Corporate Purposes
8.87 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Aryaman Financial Services Ltd.
Market Maker
Aryaman Capital Markets Ltd.
IPO Timeline
Open
28 Sep
✓ Done
Close
03 Oct
✓ Done
Allotment
08 Oct
✓ Done
Listing
11 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@marineelectricals.com
Phone
+91 22 4033 4300
Address
B/1, Udyog Sadan No.3 MIDC Andheri (E) Mumbai, Maharashtra, 400093
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹66
Est. Listing
₹66
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GMP Updates
No GMP updates recorded yet. Every time the GMP changes, the date and time are saved here automatically.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB — — — —
NII / HNI (Total) — 30,80,000 (47.41%) — —
Retail Investors — 30,80,000 (47.41%) — —
Market Maker * 1× 3,36,000 (5.17%) 3,36,000 (5.17%) ₹22.18 Cr
Total ** — 64,96,000 (100.00%) — —
* Based on ₹66.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
30,80,000 (47.41%)
Retail
30,80,000 (47.41%)
Market Maker
3,36,000 (5.17%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Day-wise Subscription
Day-wise subscription (Day 1, Day 2 ...) will appear here once the IPO is open and bidding numbers are recorded.
Financial Summary
Amount in Lakhs
Metric31-Mar-1831-Mar-1731-Mar-16
Revenue38345.6422365.0325169.27
PAT1625.951079.92935.10
EBITDA———
Net Worth———
Total Assets35462.8122701.4214909.88
Reserves———
Borrowings———
About Marine Electricals (India) Ltd.

Incorporated in 2007, Mumbai-based Marine Electricals (India) Limited is a company engaged in the business of providing Integrated Electrical and Automation Solutions. The company deals in comprehensive electrical solutions across industries with a significant presence in the Marine sector (Indian Navy, Commercial Shipbuilding) and Non-Marine sector (Data Centre, Building Management Systems, Industrial etc).

Marine Electricals provides solutions in Low Voltage, Medium Voltage and Industrial Automation and has built business relationships with global names like Schneider Electric, Siemens and GE.

The company has 2 manufacturing facilities in South Goa.

The Company's revenue from operations increased at a CAGR of 15.84% from 2013-14 to 2017-18.

The EBITDA has increased at a CAGR of 16.88% between 2013-14 to 2017-18.

There are 305 employees on the payrolls of the company.

Frequently Asked Questions
What is the issue price of Marine Electricals (India) Ltd. IPO?
The issue price of Marine Electricals (India) Ltd. IPO is ₹66 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹132,000.
What are the IPO dates?
Opens 28 Sep 2018, closes 03 Oct 2018.
When is the listing date?
Tentative listing: 11 Oct 2018 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹66 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Marine Electricals (India) Ltd. IPO · Expected 08 Oct 2018

Check on Registrar
Post-IPO Timeline
Allotment Date
08 Oct 2018
Refund Initiation
09 Oct 2018
Demat Credit
10 Oct 2018
Listing Date
11 Oct 2018
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹66
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹132,000
1 lot
Est. Listing
₹66
GMP +₹0
Key Dates
Open
28 Sep Done
Close
03 Oct Done
Listing
11 Oct Done
Registrar
Bigshare Services Pvt.Ltd.
A
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