Marine Electricals (India) Limited IPO
Overview of the Marine Electrical (India)
(i) Established in 1978, Marine Electricals is an integrated technical services provider in the fields of Electrical, Automation, and Information and Communication technology solutions in diversified areas like Ship Building and Ship repair for Navy and Commercial Vessels/ Industries and Buildings / Renewables EPC.
(ii) Marine Electricals offers integrated and multidisciplinary total solutions that lead to better business processes and more efficiency for customers. Marine Electricals also offers solutions that contribute towards a sustainable society.
(iii) They provide a solution in Low Voltage, Medium Voltage and Industrial Automation backed by In-house Product Design & Development, Manufacturing, Installations and after sale service. The Company has business relationships with global electrical players like Schneider Electric, Siemens, GE. Such strategic tie-ups give us the competitive edge over our competitors. Further, they have entered into an agreement with NLC India Limited to provide Solar Power Evacuation system, thus venturing into the renewable energy segment.
(iv) With over 39 years’ expertise, they are one of the largest suppliers of Electrical & Automation Equipment for Marine Applications in India and Middle East Markets, and also the fastest growing supplier of Low and Medium Voltage Electrical Equipment for Industrial applications in India.
Corporate Video of Marine Electrical
Objects of the Marine Electricals (India) Limited IPO:
Marine Electricals (India) Limited IPO Details:
|Open Date:||Sep 28 2018|
|Close Date:||Oct 03 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Book Built Issue IPO|
|Issue Size:||42.87 Cr.|
|Lot Size:||2000 Shares|
|Issue Price:||₹ 64-66 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 11 2018|
Promoters And Management:
Financials of Marine Electricals (India) Limited IPO:
|Particulars||For the year/period ended (in Rs Lacs)|
|Profit After Tax||1,625.95||1,079.92||935.10||850.34||1,421.17|
Recommendation on Marine Electricals (India) Limited IPO:
Lead Manager of Marine Electricals (India) Limited IPO:
Registrar of Marine Electricals (India) Limited IPO:
Bid Details of Marine Electricals (India) Limited IPO as on
03-Oct-2018 17:00:00 IST
|Category||No.of shares offered||No. of shares bid|