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Open
28 Sep to 3 Oct, 2018
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Close
28 Sep to 3 Oct, 2018
3
Allotment
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Listing
Thu, Oct 11, 2018
Price Band
₹64 to ₹66
Issue Size
64,96,000 shares (agg. up to ₹43 Cr)
Lot Size
2,000 Shares
Listing Date
Thu, Oct 11, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.05x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|
| Assets | 354.63 | 227.01 | 149.10 |
| Total Income | 383.46 | 273.65 | 251.69 |
| Profit After Tax | 16.26 | 10.80 | 9.35 |
| NET Worth | 94.05 | 74.82 | 63.39 |
| Reserves and Surplus | 76.01 | 57.64 | 46.21 |
| Total Borrowing | 41.90 | 34.79 | 28.33 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Spectrum Electrical Industries Ltd. | SME | ₹25.87 Cr | ₹65 | null | ₹65.50 | +0.77% | ₹1,983.30 (-1.75%) |
| Marshall Machines Ltd. | SME | ₹16.25 Cr | ₹42 | null | ₹39.30 | -6.43% | ₹13.89 (-1.14%) |
| Aaron Industries Ltd. | SME | ₹4.78 Cr | ₹38 | null | ₹38.70 | +1.84% | ₹117.27 (+0.68%) |
| Affordable Robotic & Automation Ltd. | SME | ₹22.79 Cr | ₹85 | null | ₹99.25 | +16.76% | ₹208.04 (+3.56%) |
| Innovators Facade Systems Ltd. | SME | ₹40.76 Cr | ₹72 | null | ₹75.60 | +5.00% | ₹119.00 (-0.50%) |
| Taylormade Renewables Ltd. | SME | ₹11.34 Cr | ₹35 | null | ₹37.80 | +8.00% | ₹84.25 (+1.01%) |
| Benara Bearings & Pistons Ltd. | SME | ₹33.49 Cr | ₹63 | null | ₹61.95 | -1.67% | ₹10.45 (-0.48%) |
| Macpower CNC Machines Ltd. | SME | ₹36.61 Cr | ₹140 | null | ₹162.05 | +15.75% | ₹1,334.60 (+0.97%) |
| ICE Make Refrigeration Ltd. | SME | ₹23.71 Cr | ₹57 | null | ₹68.40 | +20.00% | ₹804.65 (+2.09%) |
| Jash Engineering Ltd. | SME | ₹48.01 Cr | ₹120 | null | ₹144.00 | +20.00% | ₹525.25 (+0.77%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 32.00 |
| 2 | General Corporate Purposes | 8.87 |
About Marine Electricals IPO
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.+ Read More
Contact Details
Marine Electricals (India) Ltd. AddressB/1, Udyog Sadan No.3MIDCAndheri (East)Mumbai, Maharashtra, 400093+91 22 4033 4300info@marineelectricals.comVisit Website