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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Essex Marine Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹54
Per ShareLot Size
2000 Shares
Minimum Investment
₹1,08,000
Issue Size
₹23.01 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50%
QIB Quota
0%
NII Quota
50%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
99.99%
Promoter Holding (Post-Issue)
72.08%
Issue Type
Fixed Price - SME
ISIN
INE1IBY01019
We are engaged in the design, engineering, and manufacture of plastic-centric assemblies and sub-systems for original equipment manufacturers ("OEMs") across India. These assemblies are produced by integrating plastic, sheet metal, machined, rubber, and other components within specified tolerances. Our primary business is with defence-sector OEMs, where we supply plastic hardware integrated into assemblies used by the armed forces. Continuous collaboration within this supply chain has enabled us to understand the technical and functional requirements of defence applications and deliver solutions that meet specifications. In addition to defence, we manufacture custom assemblies for plastic bulk packaging, electronics components, other plastic products. We also operate a retail shop for woollen and home linen products. The defence segment accounts for the majority of our business and continues to expand with the development of new assemblies and products.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
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.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
The Indian Defence Equipment Industry today symbolizes more than just manufacturing capacity; it represents the technological awakening of a New India. From indigenous fighter jets, drones, and missile systems to smart battlefield equipment and cyber-defence platforms, India is shaping the future of warfare with home-grown capabilities. The government's flagship programs like `Atmanirbhar Bharat', `Make in India', and the Defence Production and Export Promotion Policy (DPEPP) are laying the foundation for a resilient industrial base that not only serves national interests but also integrates India into the global defence supply chain. With growing defence exports, increasing participation from private and foreign players, and targeted investments in infrastructure through Defence Industrial Corridors, India is positioning itself as a global hub for advanced defence manufacturing. The vision is clear: to reduce strategic dependencies, strengthen domestic capabilities, and create a futureready defence economy that secures the nation and propels industrial growth.
Essex Marine Limited (the "Issuer" or "Company") was incorporated under the Companies Act, 1956 as a private limited company under the name and style of `Rajsen Impex Private Limited' pursuant a certificate of incorporation dated August 27, 2009 issued by the Registrar of Companies, West Bengal at Kolkata. Subsequently, pursuant to resolutions passed by our Board of Directors in their meeting held on November 2, 2013 and by a Shareholders' Resolution passed on November 06, 2013, the name of our Company was changed to `Essex Marine Private Limited' and a fresh certificate of incorporation dated November 8, 2013 was issued by the Registrar of Companies, West Bengal at Kolkata. Further, pursuant to resolutions passed by our Board of Directors in their meeting held on February 05, 2025 and Shareholder's Resolution passed on February 06, 2025 our Company was converted into a public limited company, consequent to which its name was changed to `Essex Marine Limited' and a fresh certificate of incorporation dated February 19, 2025, consequent to such conversion was issued by the Registrar of Companies, West Bengal at Kolkata.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.