IPO Schedule
1
Open
4 Aug
2
Close
6 Aug
3
Allotment
-
4
Listing
11 Aug
Essex Marine IPO
Issue:₹54
List:₹28.62
CMP:₹22.2
BSELot: 2000SME
LISTEDSME
Issue Price₹54
Listing₹28.62
Current₹22.2
Content
About Essex Marine
Essex Marine is an SME operating in the [Insert Industry Sector Here - e.g., marine equipment manufacturing/distribution/services]. The company focuses on [Insert Specific Activities Here - e.g., providing marine engine repair and maintenance/supplying boat parts/manufacturing small watercraft]. They aim to utilize the IPO proceeds to [State use of proceeds - e.g., expand production capacity, working capital requirements].
Subscription Status
QIB
0.00x
NII
0.21x
Retail
0.47x
| Category | Day 3 | Day 2 | Day 1 |
|---|---|---|---|
| QIB | 0.00x | 0.00x | 0.00x |
| NII | 0.82x | 0.36x | 0.21x |
| Retail | 4.58x | 2.56x | 0.47x |
| Total | 2.70x | 1.46x | 0.34x |
Risk Factors
•Small issue size (₹23.01 Cr) can lead to high volatility and limited liquidity post-listing.
•SME listings carry inherent risks associated with smaller companies, including dependence on key personnel and vulnerability to economic downturns.
•[Insert Industry Specific Risk based on their prospectus - e.g., Susceptibility to fluctuations in raw material prices]