Issue Price
₹66
Per Share
GMP
NIL
Grey Market
Est. Listing
₹66
Expected Price
Min. Application
₹264,000
2 lots × 2000 shares
Incorporated in 2007, Mumbai-based Marine Electricals (India) Limited is a company engaged in the business of providing Integrated Electrical and Automation Solutions. The company deals in comprehensive electrical solutions across industries with a significant presence in the Marine sector (Indian Navy, Commercial Shipbuilding) and Non-Marine sector (Data Centre, Building Management Systems, Industrial etc).Marine Electricals provides solutions in Low Voltage, Medium Voltage and Industrial Automation and has built business relationships with global names like Schneider Electric, Siemens and GE.The company has 2 manufacturing facilities in South Goa.The Company's revenue from operations increased at a CAGR of 15.84% from 2013-14 to 2017-18.The EBITDA has increased at a CAGR of 16.88% between 2013-14 to 2017-18.There are 305 employees on the payrolls of the company.
Marine Electricals (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 336,000 | — | ₹2.22 Cr | — |
| TOTAL | 6,496,000 | 100.00% | ₹42.87 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹132,000 |
| Retail (Max) | 13 | 26,000 | ₹1,716,000 |
| sNII (Min) | 14 | 28,000 | ₹1,848,000 |
| bNII (Min) | 68 | 136,000 | ₹8,976,000 |
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 38345.64 | 22365.03 | 25169.27 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1625.95 | 1079.92 | 935.10 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 35462.81 | 22701.42 | 14909.88 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |