Essex Marine IPO Details
The Essex Marine IPO is a fixed price issue with a total issue size of ₹23.01 cr, comprising of fresh issue of 4262000 equity shares. Essex Marine IPO opened for subscription on Aug 04, 2025 and closed on Aug 06, 2025. Essex Marine IPO has set the price at ₹54 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹216,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Aug 07, 2025, and listed on both the NSE and BSE on Aug 11, 2025.
Skyline Financial Services Private Ltd has been appointed as the registrar. Khandwala Securities Limited are the Book Running Lead Manager for the issue.
Before investing in the Essex Marine IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 54 – 54
- Lot Size
- 2000
- Issue Size
- ₹23.01 Cr
- Minimum Investment
- ₹216000 (4000 Shares)
- Listing Date
- 11 August 2025
Current GMP
₹11 (+20.37%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Essex Marine Ltd
Essex Marine Limited, originally incorporated as Rajsen Impex Private Limited in 2009, is a Kolkata-based seafood processing and export company. The company underwent name and status changes in 2013 and 2025, eventually becoming a public limited company.
Core Business:
Essex Marine specializes in the procurement, processing, storage, and export of frozen fish and shrimp, including:
- Marine fish (e.g., ribbon fish, eel, squid, mackerel)
- Marine shrimp
- Aquaculture vannamei shrimp
The company operates across the entire seafood value chain, from sourcing raw materials along India’s eastern coast to processing and exporting under its own brand “Essex.”
Facilities & Capacity:
- Processing Facility: Located in Shankarpur, Purba Medinipur, West Bengal – a strategic aquaculture zone.
- Annual Capacity (as of Dec 31, 2024):
- Shrimp: 5,717 MT
- Fish: 4,258 MT
- Peeling: 3,942 MT
- Annual Capacity (as of Dec 31, 2024):
- Cold Storage: Centrally located in Kolkata with a capacity of 1,800 MT
Markets & Customers:
Exports primarily to China, Europe, Israel, Belgium, and Japan, serving:
- Food service distributors
- Warehouse chains
- Merchant exporters (via job work)
Quality & Control:
Strong in-house quality assurance and control systems, including a dedicated lab and documented quality processes aligned with international standards.
Investments & Expansion:
- INR 2.48 crore to double peeling capacity
- INR 0.78 crore to introduce blanching for ready-to-cook frozen products
Key Strengths:
- Strategic location and modern infrastructure
- Established international clientele and repeat orders
- Cost-effective operations and timely delivery
- Experienced leadership, led by Debashish Sen, MD
- Recognized as a One Star Export House
As of December 31, 2024 – 91 employees
Essex Marine IPO Promoters
- Debashish Sen
- Kajari Sen
Promoters Holding
Holding Pre Issue
99.99%
Holding Post Issue
72.08%
Essex Marine IPO Objective
The Company Essex Marine IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal
- Setting up of “Ready-to-Cook” Section by adding blanching in the existing process at the existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal
- Funding of working capital requirements of our Company
- Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company
- General corporate purposes
Address / Contact Info
Essex Marine Limited
19, Pollock Street,
7th Floor,Room No.7
Kolkata, West Bengal, 700001
Phone: +91 33 2262 7928
Email: cs@essexmpl.com
Website: http://www.essexmpl.com
IPO Snapshot
Book Running Lead Managers
- Khandwala Securities Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Essex Marine IPO is a Fixed price IPO with a total issue size of ₹23.01 crore. The Essex Marine IPO price band is ₹54 to 54 per share. The Essex Marine IPO subscription opens on Mon, Aug 4, 2025, and closes on Wed, Aug 6, 2025. The Essex Marine IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Essex Marine IPO.
The Essex Marine IPO opens on Mon, Aug 4, 2025 and closes on Wed, Aug 6, 2025
Essex Marine IPO Price Band is ₹54 to 54 per share.
Essex Marine IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹216000 based on the upper price band
The minimum investment for Essex Marine IPO is ₹216000, based on one lot of 2000 shares at the upper price band of ₹54 per share.
Investors can apply for the Essex Marine IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Aug 6, 2025. The application amount remains blocked until the Essex Marine IPO allotment is finalized.
Essex Marine IPO issue size is ₹23.01 crores.
Essex Marine IPO allotment date is Wed, Jul 1, 2026.
The registrar for Essex Marine IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Essex Marine IPO allotment status, refund processing, and other IPO-related information.
The Essex Marine IPO GMP (Grey Market Premium) is ₹11 as of Tue, Aug 5, 2025. Based on the upper price band of ₹54 per share, the estimated Essex Marine IPO listing price is ₹65, indicating a potential listing gain of approximately 0% over the issue price.