Essex Marine IPO description – Essex Marine, headquartered in Kolkata, is a leading processor and exporter of frozen fish and shrimp with over 16 years of industry experience. The company operates a modern processing facility at Shankarpur, near Digha, strategically located in Purba Medinipur, a major district for Vannamei shrimp production. As of 31 March 2025, Essex Marine has an installed annual processing capacity of 5,717 metric tons (MT) for shrimp, 4,258 MT for fish, and a peeling capacity of 3,942 MT. Additionally, it manages a centrally located 1,800 MT dry and cold store in Kolkata.
Essex Marine exports to key international markets including China, Europe, and Israel, under its brand “Essex,” with a focus on food service distributors and warehouse chains. The company also undertakes job work for merchant exporters to maximize plant utilization. Certified with FSSC V5.1, BRC, and HACCP, the company maintains stringent quality control through its in-house laboratory and trained quality teams.
Essex Marine plans to invest INR 2.48 crore to double its peeling capacity from 10.8 tons per day to 21.6 tons per day, and to introduce a blanching process for “ready to cook” frozen products. As a One Star Export House with 91 employees, Essex Marine demonstrates strong operational integration and a customer-centric approach.
Promoters of Essex Marine – Debashish Sen and Kajari Sen
Table of Contents
Essex Marine IPO Details
| Essex Marine IPO Dates | 4 – 6 August 2025 |
| Essex Marine Issue Price | INR 54 per share |
| Fresh Issue | 42,62,000 shares (INR 23.01 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 42,62,000 shares (INR 23.01 crore) |
| Minimum Bid | 4,000 shares (INR 2,16,000) |
| Lot Size | 2,000 shares (INR 1,08,000) |
| Face Value | INR 10 per share |
| Individual Allocation | 50% |
| Listing On | BSE SME |
Essex Marine Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 21.90 | 19.15 | 37.22 |
| Expenses | 20.74 | 18.52 | 33.66 |
| Net income | 2.03 | 1.82 | 4.67 |
Essex Marine Offer News
- Essex Marine RHP
- Essex Marine Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Essex Marine Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 1.84 | 1.66 | 4.24 |
| PE ratio | – | – | 12.74 |
| RONW (%) | 18.11 | 14.01 | 26.39 |
| NAV | 10.17 | 11.83 | 16.07 |
| ROCE (%) | 17.14 | 14.40 | 18.87 |
| EBITDA (%) | 27.46 | 26.04 | 25.35 |
| Debt/Equity | 2.91 | 2.97 | 2.41 |
Essex Marine IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 8 August 2025 | 11 | – | 16,700 |
| 7 August 2025 | 11 | – | 16,700 |
| 6 August 2025 | 11 | – | 16,700 |
| 5 August 2025 | 11 | – | 16,700 |
| 4 August 2025 | 5 | – | 4,800 |
Essex Marine IPO Subscription – Live Updates
| Category | Non-Individual | Individual | Total |
|---|---|---|---|
| Shares Offered | 20,24,000 | 20,24,000 | 40,48,000 |
| 6 Aug 2025 | 0.98 | 4.95 | 2.97 |
| 5 Aug 2025 | 0.47 | 2.56 | 1.51 |
| 4 Aug 2025 | 0.21 | 0.47 | 0.34 |
The market maker reservation portion of 2,14,000 shares is not included in the above calculations.
Essex Marine IPO Allotment Status
Essex Marine IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get the allotment status.
Essex Marine IPO Dates & Listing Performance
| IPO Opening Date | 4 August 2025 |
| IPO Closing Date | 6 August 2025 |
| Finalization of Basis of Allotment | 7 August 2025 |
| Initiation of refunds | 8 August 2025 |
| Transfer of shares to demat accounts | 8 August 2025 |
| IPO Listing Date | 11 August 2025 |
| Opening Price on BSE SME | INR 43.20 per share (down 20%) |
| Closing Price on BSE SME | INR 41.04 per share (down 24%) |
Essex Marine Offer Lead Manager
KHANDWALA SECURITIES LIMITED
Vikas Building, Ground Floor, Green Street,
Fort, Mumbai 400 023, Maharashtra, India
Phone: +91 22 4076 7373
Email: [email protected]
Website: www.kslindia.com
Essex Marine Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91-11-40450193-97
Email: [email protected]
Website: www.skylinerta.com
Essex Marine Contact Details
ESSEX MARINE LIMITED
Udayan Industrial Estate, 3, Pagla Danga Road,
Plot No: 77 – 81, Kolkata – 700 015, West Bengal
Phone: +91 33 2262 7928
E-mail: [email protected]
Website: www.essexmpl.com
IPO FAQs
What is the size of the Essex Marine offer?
Essex Marine offer size is INR 23.01 crores.
What is the Essex Marine offer price band?
Essex Marine public offer price is INR 54 per share.
What is the lot size of the Essex Marine IPO?
Essex Marine offer lot size is 2,000 shares.
What is the Essex Marine IPO GMP today?
Essex Marine IPO GMP today is INR 11 per share.
What is the Essex Marine kostak rate today?
Essex Marine kostak rate today is INR NA per application.
What is the Essex Marine IPO Subject to Sauda rate today?
Essex Marine Subject to Sauda rate today is INR 16,700 per application.