IPO Snapshot
 
Marine Electricals (India) Ltd.
Issue Open Date 28-Sep-18  
Issue Closing Date 03-Oct-18  
Application Money 100  
Allotment Money  
Price Band 64 - 66  
Minimium Application No. 2000  
Issue Size (Shares) 6496000  
Market Lot 1  
Objective
(a) Working Capital Requirements;(b) Funding expenditure for General Corporate Purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     6268000    
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
Promoter's Holding
Total Share Capital   18036250  
Offered to Public   6496000  
Promoter's Holding (Pre-Issue)   99.99  
Promoter's Holding (Post-Issue)   73.52  
Address
B/1
Udyog Sadan No.3
M I D C
Andheri (E)
Mumbai ,
Maharashtra ,
400093
Phone : 022 40334300
Email : info@marineelectricals.com
Website : www.marineelectricals.com
Registrar
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
Listed at
NSE
Lead Manager
Aryaman Financial Services Ltd.
Promoters
KDU Enterprises Pvt Ltd.
Venkatesh Uchil
Vinay Uchil