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Essex Marine Ltd

Registered Office : #.19 Pollock Street, 7th Floor,Room No.7,Kolkata West Bengal 700001 Phone : +91 33 2262 7929
Fax :

Email : cs@essexmpl.com

Website : www.essexmpl.com

Public issue of 42,62,000 equity shares of face value Rs. 10 each ("Equity Shares") of the company for cash at a price of Rs. 54/- per equity share (including a securities premium of Rs. 44/- per equity share) (the "Issue Price"), aggregating upto Rs. 23.01 crores ("Issue") of the issue, 2,14,000 equity shares aggregating to Rs. 1.16 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 40,48,000 equity shares of face value of Rs. 10 each at an issue price of Rs. 54/- per equity share aggregating to Rs. 21.86 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.92%% and 26.52%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is 5.4 times of the face value.

Issue

Opens On

Closes On

04-Aug-2025

06-Aug-2025

Money Payable On

Application

Allotment

54.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 2000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

19.84

23.01

15.26

54.00

Khandwala Securities Ltd

Projects

Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441

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

Promoted By

Debashish Sen

Kajari Sen

Listing At

BSE - SME

Registrar to the Issue

Skyline Financial Services Pvt