Essex Marine IPO will open on August 4, 2025, and close on August 6, 2025. It is a Fixed Price Issue through which the company plans to raise approximately ₹23.01 crores, entirely via a fresh issue of shares. The offer for sale portion has not been disclosed yet. Each equity share carries a face value of ₹10.

The IPO is priced at ₹54 per share. The allocation structure includes 50% for retail investors, 50% for High Net-worth Individuals (HNI), and 0% for Qualified Institutional Buyers (QIB). The listing of Essex Marine IPO is expected on the BSE on August 11, 2025, with the allotment likely to be finalized by August 7, 2025.

Financially, the company reported a revenue of ₹21.11 crores in 2024, slightly down from ₹23.59 crores in 2023. Net profit stood at ₹1.82 crores in 2024, compared to ₹2.03 crores in 2023. Based on these financials, the IPO may be considered suitable for long-term investment.

About Essex Marine IPO

Essex Marine Ltd, Midnapur, India is a modern seafood processing and exporting company, promoted by Sri. Debashish Sen, the Managing Director. The Registered office of the company is at 19, Pollock Street, Kolkata 700 001, WB. The objective of the company is to procure, process, store and export their safe and quality fish and aquaculture products to all the countries including European Union. The company is designed with all modern facilities in line with specifications of national and importing countries.

The Company is installed with the state-of-the-art machineries and equipments.

The company is constructed in an ideal unpolluted location having an advantages of availability of drinking water, skilled manpower, required electricity, uninterrupted communication system, near by port connected with wide NH- highways, abundance of wholesome raw materials and other in-puts.

Objects of the Issue (JNK India IPO Objectives)

• Expansion of existing peeling capacity at existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441
• Setting up of “Ready-to-Cook” Section by adding blanching in the existing process at the existing processing unit at Shankarpur Road, Kaluya Sanda, Kuliyata, West Bengal 721441
• Funding of working capital requirements of the Company
• Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
• General corporate purposes

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Essex Marine IPO Company Financial Report

Essex Marine IPO Company Financial Report