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Marine Electricals (India) Ltd.

Marine Electricals (India) Ltd.

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹66
₹66
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹66
Based on GMP
Min. Investment
₹132,000
1 lot × 2000 shares
Subscribed
1.00x
Over-subscribed
Check Allotment
IPO Details
Open Date
28 Sep 2018
Close Date
03 Oct 2018
Allotment
08 Oct 2018
Listing Date
11 Oct 2018
Exchange
NSE SME
Price Band
₹66
Listing Price
See chart
Allotment Status
Check Now →
Price Band
₹66
Per share
Face Value
₹10 per share
 
Lot Size
2,000 Shares
per lot
Issue Size
64,96,000 shares (aggregating up to ₹42.87 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹132,000
1 lot
Pre-IPO Holding
1,80,37,050 shares
Promoters
Post-IPO Holding
2,45,33,050 shares
Promoters
UPI Deadline
2018-10-03
Mandate
Anchor AllotmentThu, 27 Sep 2018
Basis of AllotmentMon, 08 Oct 2018
Refund InitiationTue, 09 Oct 2018
Demat CreditWed, 10 Oct 2018
Listing DayThu, 11 Oct 2018
UPI Mandate Deadline2018-10-03
Sale TypeFresh Capital
Net Offer to Public61,60,000 shares (aggregating up to ₹40.66 Cr)
Market Maker Quota3,36,000 shares (aggregating up to ₹2.22 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Marine Electricals (India) Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 03 Oct 2018.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
336,000
 — ₹2.22
QIB
Over 1.00x
— — —
NII / HNI
Over 1.00x
— — —
Retail
Over 1.00x
— — —
Total 1.00x
6,496,000
 100% ₹42.87
IPO Shares Offered
Marine Electricals (India) Ltd. IPO total issue size: ₹42.87 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 336,000 ₹2.22
5.17%
Total 6,496,000 ₹42.87
100.00%
* Based on upper price band ₹66 per share
Lot Size & Investment
Lot Size
2,000
Shares per Lot
Issue Price
₹66.00
Upper Band
Min Investment
₹132,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)24,000₹264,000
Retail (Max — 13 Lots)1326,000₹1,716,000
S-HNI (Min — 14 Lots)1428,000₹1,848,000
B-HNI (Min — 68 Lots)68136,000₹8,976,000
* Issue Price ₹66 × Lot Size 2,000 shares
IPO Schedule
Anchor
27 Sep 2018
✓ Done
IPO Open
28 Sep 2018
✓ Done
IPO Close
03 Oct 2018
✓ Done
Allotment
08 Oct 2018
✓ Done
Refunds
09 Oct 2018
✓ Done
Demat Credit
10 Oct 2018
✓ Done
Listing Day
11 Oct 2018
✓ Done
Marine Electricals (India) Ltd. — Live Price LIVE
₹66.00
INR · NSE
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Issue ₹66.00 Live Price
About Marine Electricals (India) Ltd.
Incorporated in 2007, Mumbai-based Marine Electricals (India) Limited is a company engaged in the business of providing Integrated Electrical and Automation Solutions. The company deals in comprehensive electrical solutions across industries with a significant presence in the Marine sector (Indian Navy, Commercial Shipbuilding) and Non-Marine sector (Data Centre, Building Management Systems, Industrial etc).Marine Electricals provides solutions in Low Voltage, Medium Voltage and Industrial Automation and has built business relationships with global names like Schneider Electric, Siemens and GE.The company has 2 manufacturing facilities in South Goa.The Company's revenue from operations increased at a CAGR of 15.84% from 2013-14 to 2017-18.The EBITDA has increased at a CAGR of 16.88% between 2013-14 to 2017-18.There are 305 employees on the payrolls of the company.
Objects of the Issue
1
1 Working Capital Requirements
2
2 General Corporate Purposes
Marine Electricals (India) Ltd. Financials (Amount in Lakhs)
Revenue from Operations
₹25,169.3
31-Mar-16
₹22,365.0
31-Mar-17
₹38,345.6
31-Mar-18
Profit After Tax (PAT)
₹935.1
31-Mar-16
₹1,079.9
31-Mar-17
₹1,626.0
31-Mar-18
Particulars31-Mar-1831-Mar-1731-Mar-16
Revenue from Operations 38345.64 22365.03 25169.27
EBITDA N/A N/A N/A
Profit After Tax (PAT) 1625.95 1079.92 935.10
Net Worth N/A N/A N/A
Total Assets 35462.81 22701.42 14909.88
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A — —
PAT Margin (%) N/A — —
Issue Structure & Shareholding
Total Shares Offered64,96,000 (100.00%)
Net Offer to Public61,60,000 shares (aggregating up to ₹40.66 Cr)
Reserved for Market Maker3,36,000 shares (aggregating up to ₹2.22 Cr)
Pre-Issue Promoter Holding1,80,37,050 shares
Post-Issue Promoter Holding2,45,33,050 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Aryaman Financial Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Marine Electricals (India) Ltd. IPO subscribed? ▲

Marine Electricals (India) Ltd. IPO is subscribed 1.00 times by Oct 03, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Marine Electricals (India) Ltd. IPO retail subscription status? ▼

The Marine Electricals (India) Ltd. IPO retail category is subscribed 1.00 times as of 03 Oct 2018. The retail portion is oversubscribed.

How to subscribe Marine Electricals (India) Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 28 Sep 2018 and closes 03 Oct 2018. Min investment: ₹132,000 (1 lot = 2,000 shares). UPI mandate: 2018-10-03.

How many times Marine Electricals (India) Ltd. IPO subscribed? ▼

The Marine Electricals (India) Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Marine Electricals (India) Ltd. IPO allotment? ▼

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 08 Oct 2018. Refunds: on 09 Oct 2018.

When Marine Electricals (India) Ltd. IPO will be listed? ▼

The Marine Electricals (India) Ltd. IPO listing date is 11 Oct 2018, Thursday. Listed on: NSE SME. Issue price: ₹66. Estimated listing: ₹66. GMP: NIL.

When Marine Electricals (India) Ltd. IPO close? ▼

The Marine Electricals (India) Ltd. IPO closes on 03 Oct 2018, Wednesday. UPI mandate: 2018-10-03. Allotment: 08 Oct 2018. Listing: 11 Oct 2018.

Quick Actions
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Live Price LIVE
Last Price₹66.00
Change—
Issue Price₹66.00
vs Issue—
Quick Summary
StatusListed
Issue Price₹66
Face Value₹10
Lot Size2,000 Sh
Min. Amount₹132,000
GMPNIL
Est. Listing₹66
Subscribed1.00x
Open Date28 Sep 2018
Close Date03 Oct 2018
Allotment08 Oct 2018
Listing Date11 Oct 2018
ExchangeNSE SME
UPI Deadline2018-10-03