IPO

Marine Electricals (India) Limited IPO

NSE SME

Offer Date: Sep 28, 2018 - Oct 3, 2018

₹ 128000 /2000 Shares

IPO Details

28 Sep, 2018

Open Date

03 Oct, 2018

Close Date

09 Oct, 2018

Allotment Date

11 Oct, 2018

Listing Date

Issue Price

Rs 64/- to Rs 66/- Per Equity Share 

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE SME

Registrar

Bigshare Services Private Limited

Market Lot

2000 Shares ( Rs 1,32,000/- )

Lead Manager

Aryaman Financial Services Limited

Issue Size

Fresh Issue of 64,96,000 Equity Shares of Rs 10/- at a price of Rs 64/- to Rs 66/- per share aggregating to Rs 42.87 Cr

Retail Portion

N/A

Subscription

75,78,000 1.23 times

IPO Docs

No related IPO documents available.

IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved30,80,00030,80,00061,60,000
Day 1 - 28-09-189,38,000 0.30 x82,000 0.03 x10,20,000 0.17 x
Day 2 - 01-09-1827,26,000 0.89 x3,34,000 0.11 x30,60,000 0.50 x
Day 3 - 03-09-1862,68,000 2.04 x13,10,000 0.43 x75,78,000 1.23 x

Valuations

Earnings Per Share (EPS)

Rs 6.63/-

P/E Ratio

9.95

RoNW

15.53%

Net Asset Value (NAV) ( Post Issue )

Rs 55.81/-

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)

    IPO - Issue Objectives

      IPO - FAQs

      Ans. Marine Electricals (India) Limited IPO is a SME IPO. The issue is priced at Rs 64/- to Rs 66/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Sep 28, 2018, and closes on Oct 3, 2018. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

      Ans. The Marine Electricals (India) Limited IPO opens on Sep 28, 2018 and closes on Oct 3, 2018.

      Ans. The size of Marine Electricals (India) Limited IPO is Fresh Issue of 64,96,000 Equity Shares of Rs 10/- at a price of Rs 64/- to Rs 66/- per share aggregating to Rs 42.87 Cr.

      Ans. The IPO price band is set between Rs 64/- to Rs 66/- Per Equity Share .

      Ans. To apply for Marine Electricals (India) Limited IPO IPO, follow the steps given below:

      • - Open the IPO Ji App or Website
      • - Find Marine Electricals (India) 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 Marine Electricals (India) Limited IPO is Oct 9, 2018.

      Ans. The Marine Electricals (India) Limited IPO will be listed on Oct 11, 2018.

      Ans. Follow the steps to check the allotment status for Marine Electricals (India) Limited IPO here.