
Industrials · BSE
Incorporated in 2015, Knowledge Marine & Engineering Works Limited is engaged in marine crafts and marine infrastructure engineering and construction activities and is an established player in the small-crafts segment in India; the business operates through two segments comprising owning and operating marine crafts and providing ancillary services such as repair and maintenance, technical manpower solutions, and marine hydrographic and magnetometer surveys, and it has service agreements with entities like International Seaport Dredging Private Limited, Indian Port Dredging Private Limited, Paradip Port Trust, Solitaire Marine & Offshore Private Limited, and Visakhapatnam Port Trust, while owning marine crafts including River Pearl 1, River Pearl 2, River Pearl 3, and River Pearl 4.
Price Band
₹37
Issue Size
₹10.00 Cr
Lot Size
3000 shares
GMP
Est. Listing
₹37
at current GMP
Subscribed
—
Open
9 Mar 2021
Close
12 Mar 2021
Allotment
18 Mar 2021
Refund
19 Mar 2021
Demat Credit
20 Mar 2021
Listing
22 Mar 2021
Designated Registrar: Link Intime India Private Limited
Allotment Date
18 Mar 2021
Basis finalization
Refunds Initiate
19 Mar 2021
Mandate release
Demat Credit
20 Mar 2021
Shares in demat
Listing Debut
22 Mar 2021
Trading begins
Knowledge Marine & Engineering Works Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹10 Crores. The shares are offered at a price band of ₹37 to ₹37 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 2021-03-12, the basis of allotment is scheduled to be finalized on 2021-03-18. 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 (Link Intime India 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.