
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
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,351,351 | — | 0.00x |
| Non-Institutional (NII / HNI) | 405,405 | — | 0.00x |
| Retail Individual (RII) | 945,946 | — | 0.00x |
| Total | 2,702,702 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 315 | 315 | 1.00x |
| HNIs (10L +) | 2 | 2 | 1.00x |
| HNIs (2-10L) | 10 | 10 | 1.00x |
| Total Applications | 327 | 327 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, Knowledge Marine & Engineering Works Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹37 to ₹37 per equity share.
The retail lot size is 3000 shares requiring a minimum application amount of ₹1,11,000. Expected listing price is ₹37 per equity share.
The Knowledge Marine & Engineering Works Limited IPO aggregate issue size is ₹10 Crores with an equity price band set at ₹37 to ₹37 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,11,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2021-03-18. Investors can verify status using PAN card or application number.
Knowledge Marine & Engineering Works Limited shares are scheduled to list on BSE on 2021-03-22.