Knowledge Marine & Engineering Works Limited IPO
BSE SMEListed On: Mar 22, 2021 at ₹ 38.0
₹ 111000 /3000 Shares
Check AllotmentIPO Details
09 Mar, 2021
Open Date12 Mar, 2021
Close Date18 Mar, 2021
Allotment Date22 Mar, 2021
Listing DateIssue Price
₹37 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Link Intime India Private LtdList Price
38.0Listing Date
2021-03-22Market Lot
3000 Shares (₹111,000/-)Lead Manager
Hem Securities LimitedIssue Size
2,736,000 Eq Shares of ₹10 (aggregating up to ₹10.12 Cr)Retail Portion
N/ASubscription
3.03 timesIPO Docs
DRHPIPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,368,000 | 1,368,000 | 2,736,000 |
| Day 1 - 09-03-21 08:00 PM | 0.81 x | 0.47 x | 0.64 x |
| Day 2 - 10-03-21 08:00 PM | 1.31 x | 1.30 x | 1.30 x |
| Day 3 - 12-03-21 06:00 PM | 2.2 x | 3.85 x | 3.03 x |
Valuations
Earnings Per Share (EPS)
₹4.15/-P/E Ratio
8.92RoNW
38.30%Net Asset Value (NAV) - Post Issue
₹23.61/-Company Financials All values are in ₹ Cr.
| 31-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 33.81 | 35.50 | 29.94 | 14.09 |
| Revenue | 16.34 | 24.17 | 10.59 | 10.64 |
| Profit After Tax | 3.80 | 4.24 | 2.70 | 1.43 |
About The Company
Knowledge Marine & Engineering works Limited is primarily engaged in Marine Crafts and Marine Infrastructure Engineering and construction work. It is an established player in the small-crafts business segment in India.
The business operates in two segments; one is owning and operating Marine Craft and another comprised of ancillary services like repairing and maintenance, offering technical manpower solutions, conducting marine hydrographic and magnetometer surveys, etc.
The company has agreements with International Seaport Dredging Private Limited, Indian Port Dredging Private Limited, Paradip Port Trust, Solitaire Marine & Offshore Private Limited, and Visakhapatnam Port Trust to offer various services. The company owns many marine crafts such as River Pearl 1, River Pearl 2, River Pearl 3, and River Pearl 4.
- Promoter(s)
Pre Issue Share Holding: 100%
Post Issue Share Holding: N/A%
Company Promoter(s)
- Mr. Saurabh M. Daswani
- Mrs. Kanak S. Kewalramani
IPO - Issue Objectives
- To raise funds for business expansion (Building new craft river pearl 5, 20 Knots speed patrol boat for Visakhapatnam).
- To meet business working capital requirements.
- To meet general corporate purposes.
- To meet issue related expenditures.
IPO - FAQs
Ans. Knowledge Marine & Engineering Works Limited IPO is a SME IPO. The issue is priced at ₹37 per equity share. The minimum order quantity is 3000 Shares. The IPO opens on Mar 9, 2021, and closes on Mar 12, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Knowledge Marine & Engineering Works Limited IPO opens on Mar 9, 2021 and closes on Mar 12, 2021.
Ans. The size of Knowledge Marine & Engineering Works Limited IPO is 2,736,000 Eq Shares of ₹10 (aggregating up to ₹10.12 Cr).
Ans. The IPO price band is set between ₹37 per equity share.
Ans. To apply for Knowledge Marine & Engineering Works Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Knowledge Marine & Engineering Works Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Knowledge Marine & Engineering Works Limited IPO is Mar 18, 2021.
Ans. The Knowledge Marine & Engineering Works Limited IPO will be listed on Mar 22, 2021.
Ans. Follow the steps to check the allotment status for Knowledge Marine & Engineering Works Limited IPO here.
