247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Marine Electricals (India) Limited IPO (Marine Electricals (India) IPO) Details

Marine Electricals (India) Limited is an Electric Equipments based company, located in Mumbai, Marine Electricals (India) Limited IPO size was 42.87 Cr. and was issued at 66.00 per share. The share of Marine Electricals (India) Limited were listed at 66.60 per share and are currently trading at 239.00 per share.

Type :
Sub Sector : Provides Integrated Electrical And Automation Solutions For Marine And Non Marine Sector
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
383.46 Cr.

PAT :
16.26 Cr.

Pricing Report

Issue Price :
66.00

Listing Price :
66.60

Current Market Price :
239.00

Issue Price vs CMP :
173 (262.12%)

listing Price vs CMP :
172.4 (258.86%)

Performance Report (CAGR* wise)

CAGR : 22.72
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Marine Electricals (India)

Company Information
Marine Electricals is a growing Integrated Electrical and Automation Solution Provider dealing in comprehensive electrical solution across industries with significant presence in Marine sector (Indian Navy, Commercial Shipbuilding) and Non Marine sector (Data Centre, Building Management Systems, Industrial etc). The Company provides solution in Low Voltage, Medium Voltage and Industrial Automation backed by In-house Product Design & Development, Manufacturing, Installations and after sale service. The Company has business relationships with global electrical players like Schneider Electric, Siemens, GE. Such strategic tie ups give them the competitive edge over their competitors. Further, they have entered into an agreement with NLC India Limited to provide Solar Power Evacuation system, thus venturing into the renewable energy segment.
Object of Issue
  • Raise funds for Working Capital Requirements
  • General Corporate Purposes

Marine Electricals (India) SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2018
IPO Size :
42.87 Cr.
IPO Subscription :
1.23 X     
PE Multiple :
10.00
IPO Registrar:
Bigshare Services Private Limited
Anchor Investors:

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FAQs

Marine Electricals (India) operates in Electric Equipments and Provides Integrated Electrical And Automation Solutions For Marine And Non Marine Sector. The Issue is listed on NSE EMERGE in Oct, 2018. Marine Electricals (India) IPO size was 42.87 Cr. with Issue price of 66.00 .

Marine Electricals (India) IPO subscription was 1.23 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Marine Electricals (India) IPO listed at a listing price of 66.60 against the offer price of 66.00.

The current market price of Marine Electricals (India) is 239.00.

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