Knowledge Marine & Engineering Works Limited IPO (KMEW IPO) Detail

Mar 9, 2021 - Mar 12, 2021

Incorporated in 2015, Knowledge Marine & Engineering works Limited is primarily engaged in Marine Crafts and Marine Infrastructure Engineering and construction work. It is an established player in the small-crafts business segment in India.

The business operates in two segments; one is owning and operating Marine Craft and another comprised of ancillary services like repairing and maintenance, offering technical manpower solutions, conducting marine hydrographic and magnetometer surveys, etc.

The company has agreements with International Seaport Dredging Private Limited, Indian Port Dredging Private Limited, Paradip Port Trust, Solitaire Marine & Offshore Private Limited, and Visakhapatnam Port Trust to offer various services. The company owns many marine crafts such as River Pearl 1, River Pearl 2, River Pearl 3, and River Pearl 4.

Competitive strengths

  • Diversified range of modern technology Marine Crafts.
  • Leading player in the small-crafts segment in India.
  • Experienced and qualified management.
  • Strong order book value.
  • Consistent financial performance track record.

Company Promoters:

Mr. Saurabh M. Daswani and Mrs. Kanak S. Kewalramani are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in lakhs)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 3,381.29 3,550.60 2,994.45 1,409.29
Total Revenue 1,634.39 2,417.97 1,059.52 1,064.19
Profit After Tax 380.06 424.78 270.92 143.82

Objects of the Issue:

The IPO proceed will be used towards the following purposes;

  • To raise funds for business expansion (Building new craft river pearl 5, 20 Knots speed patrol boat for Visakhapatnam).
  • To meet business working capital requirements.
  • To meet general corporate purposes.
  • To meet issue related expenditures.

KMEW IPO Details

IPO Opening DateMar 9, 2021
IPO Closing DateMar 12, 2021
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹37 per equity share
Market Lot3000 Shares
Min Order Quantity3000 Shares
Listing AtBSE SME
Issue Size2,736,000 Eq Shares of ₹10
(aggregating up to ₹10.12 Cr)

KMEW IPO Lot Size

The KMEW IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹111,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum13000₹111,000
Maximum13000₹111,000

KMEW IPO Promoter Holding

Pre Issue Share Holding100%
Post Issue Share Holding

KMEW IPO Subscription Status (Bidding Detail)

The KMEW IPO is subscribed 2.87x times on Mar 12, 2021 07:49. The public issue subscribed 3.65x in the retail category, in the QIB category, and 2.09x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

2.09x

RII

3.65x

Total

2.87x

KMEW IPO Prospectus

KMEW IPO Rating

98
3.6
Rating:Rated 3.6 stars

Vote Here ...

KMEW IPO Listing Date

Listing DateMonday, March 22, 2021
BSE Script Code543273
NSE Symbol
Listing In
ISININE0CJD01011
IPO Price₹37 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹37.00
₹38.00
₹37.10
₹38.50
₹38.25
588,000

KMEW IPO Reviews / Ratings

Company Contact Information

Knowledge Marine & Engineering Works Limited
Office No. 402, Sai Samarath Business Park,
Deonar Village Road, Govandi (East) Mumbai 400088


Phone: +91-022-49739383
Email: info@kmew.in
Website: http://www.kmew.in/

KMEW IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: kmewl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

KMEW IPO FAQs

  1. What is KMEW IPO?

    KMEW IPO is a SME IPO of 2,736,000 equity shares of the face value of ₹10 aggregating up to ₹10.12 Crores. The issue is priced at ₹37 per equity share. The minimum order quantity is 3000 Shares.

    The IPO opens on Mar 9, 2021, and closes on Mar 12, 2021.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. How to apply in KMEW IPO through Zerodha?

    Zerodha customers can apply online in KMEW IPO using UPI as a payment gateway. Zerodha customers can apply in KMEW IPO by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in KMEW IPO through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'KMEW IPO' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When KMEW IPO will open?

    The KMEW IPO opens on Mar 9, 2021 and closes on Mar 12, 2021.

  4. What is the lot size of KMEW IPO?

    KMEW IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

  5. How to apply for KMEW IPO?

    You can apply in KMEW IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When KMEW IPO allotment?

    The finalization of Basis of Allotment for KMEW IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the KMEW IPO allotment status.

  7. When is KMEW IPO listing date?

    The KMEW IPO listing date is on Monday, March 22, 2021.

KMEW IPO Message Board

Ranked Members  Ranked Members

Loading...
11. IPOANALYSIS |Mar 17, 2021 13:19
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
Expected listing price 38 rs. If it hold that price I will buy. Anyway best of luck to allotees. It is always better to check and observe SME listing and buy later if it''s good .
10. Pinto |Mar 17, 2021 19:21
I desparately wanted this allotment. Unfortunately did not get. I will buy on listing at any cost. The company is doing great. Hope we get it on good price on listing. It is a long player, has steam.
10.1. magress |Mar 18, 2021 09:38
Nope if account and PAN are different same UPI doesnt matter
9. GANESHRAM |Mar 18, 2021 09:24
Got one lot allotment. When is the listing???
9.3. Milton |Mar 19, 2021 10:45
stop applying through zerodha... it sucks... it can fail you anytime.
9.4. IPOANALYSIS |Mar 19, 2021 10:53
IPO Guru IPO Guru (1900+ Posts, 1500+ Likes)
No no no. Why are you eager to apply when he''s g subscribed ones are listing at discount. This one u can easily get at 10 pc discount or below.
8. Dinesh Singh |Mar 17, 2021 19:09
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
It seems no one got allotment from this forum.
No comments regarding allotment.
Listing date also not mentioned here but it will on Friday.
7. Dinesh Singh |Mar 17, 2021 13:17
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Allotment out.
Amount debited from account.
6. Sarthak Deshmukh |Mar 17, 2021 13:14
Good Fundamentals Company
5. Dinesh Singh |Mar 17, 2021 09:17
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Allotment will be today evening.
Best of luck for those who have applied.
4. nehavinodsharma |Mar 6, 2021 17:40
How is this ipo? Any views?
3. KDForIPO |Mar 8, 2021 01:18
I am going to apply firs time in SME IPO. Is this good one ? Please advice me. Thank you.
2. Scrip |Mar 6, 2021 21:51
It is a niche player
With consistent financials
No litigation
Around 117Cr order book for next 3 year
0.95 D/E Ratio

Looks gud
But because of so many mainline IPO it may be overshadowed.
Will wait for last day to apply.
1. GANESHRAM |Mar 6, 2021 19:38
The IPO of KNEW seems to be good. But there are lot of ipo in mainboard. Therefore it is a question mark whether to apply in sme category, since recent listings are lacklustre in sme category. Mainboard ipos are drawing lot of interest in subsciption and listing gains.







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