Knowledge Marine & Engineering Works IPO Details

Knowledge Marine & Engineering Works IPOKnowledge Marine & Engineering Works IPO description – Knowledge Marine & Engineering Works (KMEW) owns and operates Marine Crafts for dredging along with repairs and maintenance/refits of Marine Crafts and Marine Infrastructure. The group started business in the year 2013 under the name Kamal Marine & Engineering Works Private, undertaking the business of repair/ refits of marine crafts. Within two years, the group expanded to owning and operating small crafts under the flagship of Knowledge Marine & Engineering Works Private Limited.

Over the years, the company has become an established player in the small-craft business segment in India and has evolved from a small ship-repair unit to a ship-owning company. The company has an approximate asset value of around INR25 crores and an order book of over INR100 crores. KMEW has two major segments:

  1. Owning and operating of Marine crafts for dredging services
  2. Ancillary services – conducting marine hydrographic & magnetometer survey, providing technical manpower solutions for maintenance and operation of vessels and repairs and Maintenance/ Refits of Marine Crafts and Marine Infrastructure

The group also operates other 3 (three) companies formed as a special purpose vehicle (SPV) through joint venture agreement to meet the CPC guideline set by the Government of India for large contracts. The company has entered into agreements with International Seaport Dredging Private Limited, Indian Port Dredging Private Limited, Paradip Port Trust, Solitaire Marine & Offshore Private Limited and Visakhapatnam Port Trust for varied services.

Promoters of Knowledge Marine & Engineering Works – Mr Roshan Kumar Rawal
Knowledge Marine & Engineering Works IPO details
Subscription Dates 9 – 12 March 2021
Price Band INR37 per share
Fresh issue 2,736,000 shares (INR1.92 crore)
Offer For Sale Nil
Total IPO size 2,736,000 shares (INR1.92 crore)
Minimum bid (lot size) 3,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
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Knowledge Marine & Engineering Works’ financial performance (in INR crore)

  FY2018 FY2019 FY2020 H1 FY2021
Revenue 10.64 10.60 24.18 16.34
Expenses 8.46 7.59 18.86 11.27
Net income 1.44 2.71 4.25 3.80
Net margin (%) 13.5 25.6 17.6 23.3

Registrar of KMEW IPO

Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in

Valuation of Knowledge Marine & Engineering Works IPO (FY2020)

Earnings Per Share (EPS): INR5.32 
Price/Earnings (PE ratio): 6.95
Return on Net Worth (RONW): 38.30%
Net Asset Value (NAV): INR13.89 per share

Knowledge Marine & Engineering Works IPO Subscription Details

Day Subscription (no. of times)
Day 1

0.63

Day 2

1.30

Day 3

2.86

   

Knowledge Marine & Engineering Works Contact Details

Knowledge Marine & Engineering Works Limited
Office No. 402,
Sai Samarath Business Park,
Deonar Village Road,
Govandi (East) Mumbai 400088
Phone: +91 022 49739383
Email: [email protected] 
Website: www.kmew.in

KMEW IPO Allotment Status

Knowledge Marine & Engineering Works IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status

Listing Performance of Knowledge Marine & Engineering Works

IPO Opening Date: 9 March 2021
IPO Closing Date: 12 March 2021
Listing Date: 22 March 2021
Opening Price on BSE SME: INR38 per share (up 2.7% from IPO price)
Closing Price on BSE SME: To be updated

1 COMMENT

  1. Dear Sir, It is a sad day. Their antecedants are Jaisu Shipping whose info Kandla now Deendayal Port Trust can educate you. Regards

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