Marine
Electricals
Limited
is
incorporated
in
2007
based
in
Mumbai.
The
company
provides
integrated
electrical
and
automation
solutions.
They
serve
the
industries
like
Marine
sector
(Indian
Navy,
Commercial
Shipbuilding)
and
Non-Marine
Sector
(Data
Center,
Building
Management
Systems,
Industrial,
Etc).
They
built
relationship
with
overseas
names
like
Schneider
Electric,
Siemens
and
GE.
They
have
over
300
employees
on
payroll.
Marine
Electricals
ipo
is
starting
from
28-September
and
ends
on
03-October.
The
price
band
is
around
Rs.64-66
with
2000
market
lot.
The
ipo
size
is
around
42.87
crore
rupees.
IPO Review:
- Subscribe for Long Term
Marine Electricals IPO Dates & Price Band:
- IPO Open: 28-September-2018
- IPO Close: 03-October-2018
- IPO Size: Approx Rs 42.87 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.64-66 Per Equity Share
- Listing on: NSE SME
- Shares: 6,496,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 2,000 Shares (Minimum Lot Size)
- Amount: Rs.1,32,000
IPO Allotment & Listing:
- Basis of Allotment: 08-October-2018
- Refunds: 09-October-2018
- Credit to demat accounts: 10-October-2018
- Listing: 11-October-2018
Financial Results:
| Rs. in Crore | |||||
| Revenue | Expense | PAT | |||
| 2014 | 214.86 | 197.37 | 13.43 | ||
| 2015 | 238.39 | 226.36 | 7.87 | ||
| 2016 | 251.69 | 237.49 | 9.21 | ||
| 2017 | 273.65 | 256.15 | 10.22 | ||
| 2018 | 383.46 | 360.80 | 15.27 | ||
Marine Electricals IPO Important Links:
Company Promoters:
- Mr. Vinay Uchil
- Mr. Venkatesh Uchil
- KDU Enterprises Private Limited
Quick
Links:
Draft
Red
Herring
Prospectus
Red
Herring
Prospectus
IPO
Registrar:
Bigshare
Services
Pvt.
Ltd
Phone:
91-22-40430200
Fax:
91-22-2847
5207
Email:
[email protected]
Website:
http://www.bigshareonline.com
IPO Lead Managers:
- Aryaman Financial Services limited
Company
Address:
Marine
Electricals
India
Limited
B/1,
Udyog
Sadan
No.3,
MIDC,
Andheri
(E),
Mumbai
–
400
093
Phone:
+91
22
4033
4300
Email:
[email protected]
Website:
www.marineelectricals.com
