{"id":12410,"date":"2025-08-01T18:01:34","date_gmt":"2025-08-01T12:31:34","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=12410"},"modified":"2025-11-10T13:19:54","modified_gmt":"2025-11-10T07:49:54","slug":"essex-marine-ipo-opens","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/essex-marine-ipo-opens\/","title":{"rendered":"Essex Marine IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]The IPO market is seeing a wave of new listings, and Essex Marine Ltd. is making its debut with a fixed-price issue. The company, a specialist in processed seafood, is launching an IPO to raise \u20b923.01 crores, with the subscription window open from August 4 to August 6, 2025. This fresh issue offers investors a chance to invest in a company that plays a crucial role in India’s marine food export market. With a focus on quality and a strategic expansion plan, the <\/span>Essex Marine IPO<\/b><\/a> presents a unique prospect in the <\/span>food processing sector<\/span>.<\/span><\/p>\n

<\/span>About Essex Marine Ltd.<\/b><\/span><\/h2>\n

Incorporated in 2009, Essex Marine Ltd. is a prominent seafood processing and exporting company based in Kolkata, West Bengal. The company is an integrated player in the processed frozen fish and shrimp supply chain, from sourcing raw materials to processing and distribution to international markets. Operating under its brand name \u201cEssex,\u201d the company exports its products, including marine and aquaculture vannamei shrimp, primarily to customers in China, Belgium, and Japan.<\/span><\/p>\n

With its modern processing facility located strategically near a major landing centre on the eastern coast of India, the company ensures access to a consistent supply of quality raw materials. The company’s commitment to quality is underscored by its adherence to international standards and a well-established supply chain.<\/span><\/p>\n

<\/span>Essex Marine Ltd. IPO Details<\/b><\/span><\/h2>\n

The Essex Marine IPO is a fixed-price issue of 42.62 lakh fresh shares, aggregating up to \u20b923.01 crores. The issue price is set at \u20b954 per share, with a face value of \u20b910 per share. The shares will be listed on the BSE SME platform.<\/span><\/p>\n

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<\/span>Important IPO Timeline:<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/span><\/td>\nDate<\/span><\/td>\n<\/tr>\n
IPO Open Date<\/b><\/td>\nMon, Aug 4, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/b><\/td>\nWed, Aug 6, 2025<\/span><\/td>\n<\/tr>\n
Tentative Allotment<\/b><\/td>\nThu, Aug 7, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/b><\/td>\nFri, Aug 8, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/b><\/td>\nFri, Aug 8, 2025<\/span><\/td>\n<\/tr>\n
Tentative Listing Date<\/b><\/td>\nMon, Aug 11, 2025<\/span><\/td>\n<\/tr>\n
Cut-off time for UPI mandate confirmation<\/b><\/td>\n5 PM on Aug 6, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n
Particulars<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
Face Value<\/b><\/td>\n\u20b910 per share<\/span><\/td>\n<\/tr>\n
Issue Price<\/b><\/td>\n\u20b954 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n2,000 Shares<\/span><\/td>\n<\/tr>\n
Sale Type<\/b><\/td>\nFresh Capital<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/b><\/td>\n42,62,000 shares (aggregating up to \u20b923.01 Cr)<\/span><\/td>\n<\/tr>\n
Issue Type<\/b><\/td>\nFixed Price IPO<\/span><\/td>\n<\/tr>\n
Listing At<\/b><\/td>\nBSE SME<\/span><\/td>\n<\/tr>\n
Share Holding Pre Issue<\/b><\/td>\n1,10,00,000 shares<\/span><\/td>\n<\/tr>\n
Share Holding Post Issue<\/b><\/td>\n1,52,62,000 shares<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Lot Size of Essex Marine Ltd. IPO<\/b><\/span><\/h2>\n\n\n\n\n\n\n
Application<\/b><\/td>\nLots<\/b><\/td>\nShares<\/b><\/td>\nAmount<\/b><\/td>\n<\/tr>\n
Individual investors (Retail) (Min)<\/b><\/td>\n2<\/span><\/td>\n4,000<\/span><\/td>\n\u20b92,16,000<\/span><\/td>\n<\/tr>\n
Individual investors (Retail) (Max)<\/b><\/td>\n2<\/span><\/td>\n4,000<\/span><\/td>\n\u20b92,16,000<\/span><\/td>\n<\/tr>\n
HNI (Min)<\/b><\/td>\n3<\/span><\/td>\n6,000<\/span><\/td>\n\u20b93,24,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Essex Marine Financial Performance<\/b><\/span><\/h2>\n

Essex Marine has a history of fluctuating revenue but has maintained consistent profitability. The company reported revenue of \u20b921.11 crores and a Profit After Tax (PAT) of \u20b91.82 crores in FY24. In the previous year (FY23), revenue was \u20b923.59 crores and PAT stood at \u20b92.03 crores. While revenue showed a dip between FY22 and FY24, the company has managed to maintain stable profitability, which reflects its operational resilience. The latest financials for the nine months ended December 31, 2024, show an improved trajectory, with revenue reaching \u20b929.86 crores and a PAT of \u20b94.1 crores.<\/span><\/p>\n

<\/span>Key Performance Indicators (as of March 31, 2025)<\/b><\/span><\/h3>\n