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Marine Electricals (India) IPO is a Book Building IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 42.87 Cr. The company is based in Mumbai and caters to Electric Equipments sector. Aryaman Financial Services is the merchant banker of Marine Electricals (India) IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th August 2018.
Marine Electricals (India) IPO open date is 28th September 2018 and close date is 3rd October 2018. IPO Allotment Date is 8th October 2018 and Listing date is 11th October 2018.
IPO
Size:
₹ 42.87 Cr.
Avg IPO Size (Sector Based)
: ₹
33.54 cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
87
City:
Mumbai
SME
IPO so far:
284
Revenue (annualised):
₹
249.77
cr. 
PE
Ratio:
10.00x
Average Sector PE Ratio: 18.31x
Marine Electricals (India) IPO size is ₹ 42.87 Cr. with IPO price of ₹ 66.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Aryaman Financial Services Limited is the book-running lead manager of the Marine Electricals (India) IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Aryaman Capital Markets Limited for Marine Electricals (India) IPO.
Marine Electricals (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Marine Electricals (India) IPO, based in Mumbai, operates in the Electric Equipments sector with a focus on provides Integrated Electrical and Automation Solutions for marine and non marine sector. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Marine Electricals (India) IPO size is ₹ 42.87 Cr. with fresh issue size of ₹ 42.87 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Marine Electricals (India) IPO is expected to be 8th October 2018, after the finalization of basis of allotment. Investors can check Marine Electricals (India) IPO allotment status on the registrars website, Bigshare Services Private Limited . Marine Electricals (India) IPO refund dates are 9th October 2018.
Marine Electricals (India) IPO is expected to be listed on 11th October 2018.
The upper price band for the Marine Electricals (India) IPO is set at ₹ 66.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Marine Electricals (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Marine Electricals (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd October 2018. After submission, funds are blocked until the basis of allotment of Marine Electricals (India) IPO is finalised.
The merchant banker for Marine Electricals (India) IPO is Aryaman Financial Services Limited . Aryaman Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Marine Electricals (India) IPO RHP for further details.
The registrar for Marine Electricals (India) IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Marine Electricals (India) IPO through their official website or helpline.
Marine Electricals (India) IPO was subscribed 1.23 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 42.87 Cr.
Avg IPO Size (Sector Based)
:
₹ 33.54 Cr.
Sector: Electric Equipments
SME
IPO so far:
49
Merchant Banker:
Aryaman Financial
SME
IPO by BRLM so far:
87
City:
Mumbai
SME
IPO so far:
284
Revenue (annualised):
₹ 249.77 cr.
PE
Ratio:
10.00x
Average Sector PE Ratio: 18.31x
Marine Electricals (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Marine Electricals (India) Financial Review Page
Merchant Banker(s) of Marine Electricals (India) IPO: Aryaman Financial Services Limited
Marine Electricals (India) IPO subscription was 1.23 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Marine Electricals (India) IPO listed at a listing price of 66.60 against the offer price of 66.00.
The current market price of Marine Electricals (India) is 215.61.
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