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Essex Marine Ltd.

IPO Details
  • Issue Type Fixed Price
  • Price range
  • Market Lot
  • Total Equity Shares 4300000
  • Face Value Rs. 10
  • Listing Date
IPO Timeline
Opening date
Closing date
Listing Date

IPO Details

We are producer of processed fish and shrimp headquartered in Kolkata, West Bengal. Our main processed seafoodcomprised of different varieties of marine fish and shrimp as well as aquaculture vannamei shrimp. We exportfrozen fish and shrimps from India under our brand name “Essex”. We have over 16 years of history in fish andshrimp processing and selling of processed frozen fish and shrimp with varying degrees of value addition to ourcustomers to China, Europe and Israel. Our major customers are in China and Europe, which includes food servicedistributors and warehouse chains. In addition, we also undertake job work for different merchant exporters toensure we are running our processing plant at optimal capacity. Our Company is a “One Star Export House”.We are an integrated player across the processed frozen fish and shrimp supply chain from raw fish and shrimpprocurement, processing, and overseas distribution to our customers. We procure raw fish and shrimp primarilyfrom landing centres and aquaculture farmers in the eastern coast of India.Our Company’s modern processing facility is strategically located at Shankarpur close to Digha, which is one of thebiggest landing centres in the eastern coast of India. Our processing unit is situated at Shankarpur Road, KaluyaSanda, Kuliyata, West Bengal 721441. Shankarpur is within the district of Purba Medinipur wherein the highestquantity of Vannamei aquaculture is produced.

Projects

1. Project Name: E xpansion of existing peeling capacity at existing processing unit at Shankarpur

Project Cost: 24.793

2. Project Name: S etting up of “Ready-to-Cook” Section by adding blanching in the existing

Project Cost: 7.825

3. Project Name: F unding of working capital requirements of our Company

Project Cost: 60

4. Project Name: R epayment/pre-payment, in full or in part, of certain borrowings availed by our

Project Cost: 60

Promoters

Prmoters Name

1. Debashish Sen

2. Kajari Sen

Prmoters Holdings
  • Pre Share Capital: 10999990
  • Pre Promoter Holding: 100
  • Offer to Public: 4300000
  • Post Share Capital:
  • Post Promoter Holding:

Registrar

Registrar Name:Skyline Financial Services Pvt Ltd
Phone: 011-26847136/26833777
Email:
Website:

Lead Managers

  • Khandwala Securities Ltd

Subscription Details