Marine Electricals (India) Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 3,080,000 (47%) | — | ₹2,033 Cr |
| Retail | — | 3,080,000 (47%) | — | ₹2,033 Cr |
| Market Maker | — | 336,000 (5%) | — | ₹22 Cr |
| Σ Total | — | 6,496,000 (100%) | — | ₹42,874 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 | 2,000 | ₹132,000 |
| Retail (Max) | 13 | 26,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 134,000 | ₹8,844,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 38,346 | 22,365 | 25,169 |
| Profit After Tax | 1,626 | 1,080 | 935 |
| Total Assets | 35,463 | 22,701 | 14,910 |
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 Working Capital Requirements – 32.00
- 2 General Corporate Purposes – 8.87
Company Overview
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.