Marine Electricals (India) Limited IPO

Marine Electricals (India) Limited Profile

Marine Electricals (India) Limited IPO News, Allotment Status. Listing DateMarine Electricals incorporated in 1978 is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions. Marine Electricals provides integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers and the customers they, in their turn, serve. Marine Electricals additionally offers arrangements that contribute towards a sustainable society.
Marine Electricals serves the market for around 34 years in broadened zones like Ship Building, Navy, Industries, Commercial Establishments. They are one of the biggest providers of Electrical and Automation Equipment for Marine Applications in India and Middle East Markets.

Marine Electricals Key Strengths:

  • Marine Electricals is highly customer-driven. Marine Electricals provides customers high-quality total solutions via one contact point.
  • Marine Electricals strives for long-term partnerships with both customers and suppliers.
  • Marine Electricals is an independent Indian technical service provider.
  • Marine Electricals is an attractive employer with motivated employees, which is reflected in professionalism and quality.
  • Marine Electricals attaches great importance to its responsibility towards the environment and people’s safety and health.

Marine Electricals (India) Limited Promoters:

The Promoters of the company are: Mr. Vinay Uchil, Mr. Venkatesh Uchil, KDU Enterprises Private Limited.

Marine Electricals (India) Limited IPO details:


Symbol: MARINE

Issue Size: Initial Public Offer of 64,96,000 Equity Shares (Includes Market Maker Reservation Portion of 3,36,000 Equity Shares).

Face Value: Rs 10

Price Range: Rs 64 to Rs 66

Issue Type: 100% Book Building

Bid Lot: 2000 Equity Shares and in multiples thereof.

Minimum Order Quantity: 2000 Equity Shares

Issue Period: 28-September-2018 to 03-October-2018

Maximum Subscription Amount for Retail Investor: Rs. 2,00,000

Name of the Registrar: Bigshare Services Private Limited

IPO Market Timings: 10.00 a.m. to 5.00 p.m.

Listing at: NSE SME

Marine Electricals (India) Limited Financials:

Particulars For the year/period ended (in Rs Lacs)
31-Mar-2018 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14
Total Assets 35,462.81 22,701.42 14,909.88 14,329.18 12,083.67

 

Total Revenue 38,345.64 27,365.03 25,169.27 23,839.14 21,485.60
Profit After Tax 1,625.95 1,079.92 935.10 850.34 1,421.17

                                      

Marine Electricals (India) Limited Allotment Status:


Marine Electricals (India) Limited IPO Allotment Date: N/A
Marine Electricals (India) Limited IPO Listing Date: N/A

You can check your allotment status using your PAN number.

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  • Below are the steps to be followed to know your Marine Electricals (India) Limited IPO Allotment Status:
IPO Allotment Status
IPO Allotment Status – Click Here
  1. Click Here to visit the website of the Registrar
  2. Select Marine Electricals (India) Limited from the dropDown Menu (This option will be made available at the end of above date)
  3. Select PAN radio Button
  4. Provide your PAN Number
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  6. Click on Submit Button
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