Essex Marine
BSE SMEListed
BSE SMEListed
IPO Timeline
Issue open date
4 Aug 2025Issue close date
6 Aug 2025UPI mandate deadline
6 Aug 2025Allotment finalization
7 Aug 2025Refund initiation
8 Aug 2025Share credit
8 Aug 2025Listing date
11 Aug 2025Mandate end date
21 Aug 2025Lock-in end date for anchor investors (50%)
6 Sep 2025Lock-in end date for anchor investors (remaining)
5 Nov 2025Grey Market Premium Trend
₹0
Current GMP
₹54
Est. Listing Price
0.0%
Est. Listing Gain
₹54 - ₹54
Price Band
GMP History
| Date | GMP (₹) | Est. Listing Price (₹) | Est. Listing Gain |
|---|---|---|---|
| 4 Aug | ₹0 | ₹54 | 0.00% |
| 3 Aug | ₹11 | ₹65 | 20.37% |
| 2 Aug | ₹11 | ₹65 | 20.37% |
| 1 Aug | ₹3 | ₹57 | 5.56% |
| 31 Jul | ₹3 | ₹57 | 5.56% |
| 30 Jul | ₹3 | ₹57 | 5.56% |
| 29 Jul | ₹0 | ₹54 | 0.00% |
Key Dates
Open
4 Aug 2025Close
6 Aug 2025Listing
11 Aug 2025Quick Stats
Issue Size:23cr
Lot Size:2000 shares
Issue Details
Issue Size:23cr
About the Company
Essex Marine, incorporated in 2009, processes and exports frozen fish and shrimp products from its facility in Shankarpur, West Bengal. The company operates with annual processing capacities of 5,717 MT for shrimp and 4,258 MT for fish, sourcing raw materials from India’s eastern coast landing centres and aquaculture farmers. Essex Marine exports products to China, Europe, and Israel under the “Essex” brand, serving food service distributors and warehouse chains. The company holds FSSC V5.1, BRC Global Standard, and HACCP certifications, and maintains “One-Star Export House” status while also undertaking job work for merchant exporters.
Strengths
- Processing unit located near Shankarpur, a major eastern coast landing centre
- Operations in West Bengal with sourcing from eastern coast and international exports
- Quality system with FSSC V5.1, BRC Global Standard, and HACCP certifications
- Established customer relationships with repeat orders from China, Europe, and Israel
- Cost-effective production with timely order fulfilment capabilities
- Experienced management team with seafood industry expertise
Risks
- Exposure to environmental and biosecurity risks in seafood operations
- Heavy reliance on two main products for revenue generation
- Business operations concentrated in West Bengal region
- Dependence on continuous power supply for processing operations
- Repayable-on-demand unsecured borrowings from promoter
Essex Marine IPO – Frequently Asked Questions
- The price band for the Essex Marine IPO is set at ₹54 to ₹54 per share.
- The Essex Marine IPO opens on August 4, 2025 and closes on August 6, 2025.
- The tentative listing date for the Essex Marine IPO is August 11, 2025.
- You can apply for the Essex Marine IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Essex Marine, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Essex Marine IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).