Knowledge Marine & Engineering Works Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,296,000 (47%) | — | ₹480 Cr |
| Retail | — | 1,296,000 (47%) | — | ₹480 Cr |
| Market Maker | — | 144,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 2,736,000 (100%) | — | ₹10,123 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹111,000 |
| Retail (Max) | 13 | 39,000 | ₹1,443,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,554,000 |
| B-HNI (Min) | 67 | 201,000 | ₹7,437,000 |
Financial Statements Amount in Lakhs
| Metric | 30-Sep-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 1,634 | 2,418 | 1,060 |
| Profit After Tax | 380 | 425 | 271 |
| Total Assets | 3,381 | 3,551 | 2,994 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet Working Capital requirements – 7.60
- 2 General Corporate Purpose – 1.47
Company Overview
Incorporated in 2015, Knowledge Marine & Engineering works Limited is primarily engaged in Marine Crafts and Marine Infrastructure Engineering and construction work. It is an established player in the small-crafts business segment in India.
The business operates in two segments; one is owning and operating Marine Craft and another comprised of ancillary services like repairing and maintenance, offering technical manpower solutions, conducting marine hydrographic and magnetometer surveys, etc.
The company has agreements with International Seaport Dredging Private Limited, Indian Port Dredging Private Limited, Paradip Port Trust, Solitaire Marine & Offshore Private Limited, and Visakhapatnam Port Trust to offer various services. The company owns many marine crafts such as River Pearl 1, River Pearl 2, River Pearl 3, and River Pearl 4.
Competitive strengths
- Diversified range of modern technology Marine Crafts.
- Leading player in the small-crafts segment in India.
- Experienced and qualified management.
- Strong order book value.
- Consistent financial performance track record.