Essex Marine IPO Allotment Status Finalised Today: Here is What Investors Should Know 

Mumbai, 7 August 2025: Essex Marine Limited has officially finalised the allotment status of its ₹2,301.48 lakh SME Initial Public Offering (IPO) today, following robust interest from retail investors. The IPO, open from August 4 to August 6, witnessed an overall subscription of 2.91 times. Shares were offered at a fixed price of ₹54 per share and are scheduled to debut on the BSE SME platform on Monday, August 11, 2025.

Retail Investors Drive Essex Marine IPO to 2.91× Subscription Amid Weak Institutional Interest

Essex Marine IPO was priced at ₹54, comprising a ₹10 face value and ₹44 premium, and saw widespread interest primarily from individual investors. While Qualified Institutional Buyers (QIBs) barely participated, retail and non-institutional investors led the demand:

Retail Individual Investors applied for 1,00,12,000 shares, achieving an impressive 4.95× subscription.

Non-Institutional Investors (NIIs) bid for 19,80,000 shares, resulting in a 0.98× subscription.

Essex Marine IPO Listing Set for August 11 on BSE SME Following Demat Credit and Refunds

With the allotment now complete as of August 7, here’s the expected timeline for investors:

• Shares will be credited to Demat accounts by Thursday, August 8, 2025.
• Refunds or UPI/ASBA unblocking will also occur on August 8.
• Shares will be listed on the BSE SME platform on Monday, August 11, 2025.

These dates are critical for investors planning to track the listing performance or prepare for secondary market participation.

Investors Can Check Essex Marine Allotment Status via Skyline or BSE Portals

To check allotment status, investors can use the following two platforms once the data is updated:

Skyline Financial Services (Registrar)

Steps:

• Visit https://www.skylinerta.com/ipo.php
• Select Essex Marine Limited
• Enter PAN / DP ID / Application No.
• Click Search

BSE Website

Steps:

• Visit https://www.bseindia.com/investors/appli_check.aspx
• Select Equity
• Issue Name: Essex Marine Limited
• Enter PAN & Application Number
• Click Search

IPO Structure and Price Details Reveal Focused Retail Strategy 

The SME IPO structure targeted retail investors with a modest application size and limited institutional allocation:

• IPO Price: ₹54 (Face Value ₹10 + Premium ₹44)
• Lot Size: 2,000 shares
• Minimum Application: 4,000 shares (2 lots)
• Total Issue Size: 42.62 lakh shares (₹2,301.48 lakh)
• Net Issue to Public: 40.48 lakh shares
• Market Maker Portion: 2.14 lakh shares
• Listing Platform: BSE SME

The affordable pricing and smaller lot sizes made the issue accessible to a broad retail audience, resulting in high oversubscription in that segment.

Essex Marine Limited: Kolkata-Based Seafood Exporter with Strong Global Presence and Cold Chain Infrastructure

Essex Marine Limited was incorporated in 2009 and is headquartered in Kolkata. The company operates in the marine food processing and export industry, primarily dealing in frozen vannamei shrimp and marine fish. Its export markets include China, Europe, and Israel, and it also undertakes job work for merchant exporters.

The company is known for its integrated cold chain supply system and holds the prestigious “One Star Export House” status. Essex Marine’s operational model and strategic export network have positioned it as a notable player in India’s seafood exports segment.

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