
Transportation & Logistics · BSE
Essex Marine Limited, established in 2009, is involved in seafood processing and exports. The company sources, processes, stores, and exports a range of fish and aquaculture products such as ribbon fish, eel fish, squid, mackerel, and shrimp to countries including China, Belgium, and Japan. Their processing facility is located in Shankarpur near Digha, a well-known coastal area in Purba Medinipur, West Bengal, recognized for high Vannamei shrimp production. Equipped with modern technology like IQF, plate and blast freezers, and cold storage, the facility follows international quality and safety standards such as HACCP, GMP, SSOP, FSSAI, and BRC. Essex Marine operates throughout the frozen seafood supply chain, particularly focusing on marine fish, marine shrimp, and Vannamei shrimp. As of December 31, 2024, the company employs 91 people.
Price Band
₹54
Issue Size
₹23.01 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹54
at current GMP
Subscribed
2.91x
overall
Open
4 Aug 2025
Close
6 Aug 2025
Allotment
7 Aug 2025
Refund
8 Aug 2025
Demat Credit
9 Aug 2025
Listing
11 Aug 2025
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
7 Aug 2025
Basis finalization
Refunds Initiate
8 Aug 2025
Mandate release
Demat Credit
9 Aug 2025
Shares in demat
Listing Debut
11 Aug 2025
Trading begins
Essex Marine Limited is bringing an initial public offering (IPO) in the Transportation & Logistics sector with an aggregate issue size of ₹23.01 Crores. The shares are offered at a price band of ₹54 to ₹54 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-08-06, the basis of allotment is scheduled to be finalized on 2025-08-07. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.