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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   NA  
Qualified Institutional Buyers       NA  
Retail Individual Investors     1310000   NA  
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

Midc
Andheri (E)


Mumbai,
Maharashtra,
400093
Phone : +91 22 28349132
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
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