Incorporated in 2007, Mumbai based Marine Electricals (India) Limited is a company engaged in the business of providing Integrated Electrical and Automation Solutions. The company deals in comprehensive electrical solution across industries with a significant presence in the Marine sector (Indian Navy, Commercial Shipbuilding) and Non-Marine sector (Data Centre, Building Management Systems, Industrial etc).
Marine Electricals provides solutions in Low Voltage, Medium Voltage and Industrial Automation and has built business relationships with global names like Schneider Electric, Siemens and GE.
The company has 2 manufacturing facilities in South Goa.
The Company's revenue from operations increased at a CAGR of 15.84% from 2013-14 to 2017-18.
The EBITDA has increased at a CAGR of 16.88% between 2013-14 to 2017-18.
There are 305 employees on the payrolls of the company.
The promoters of the company are-
1. Mr. Vinay Uchil (Individual Promoter)
2. Mr. Venkatesh Uchil (Individual Promoter)
3. KDU Enterprises Private Limited (Corporate Promoter)
KDU Enterprises Private Limited (KEPL) is a Mumbai based company promoted by Mr. Vinay Uchil and Venkatesh Uchil.
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 35.462.81 | 22,701.42 | 14,909.88 | 14,329.18 | 12,083.67 | |
| Total Revenue | 38,345.64 | 22,365.03 | 25,169.27 | 23,839.14 | 21,485.60 | |
| Profit After Tax | 1,625.95 | 1,079.92 | 935.10 | 850.34 | 1,421.17 | |
| Particulars | For the year/period ended (in Rs. Lakhs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | 31-Mar-14 | ||
| Total Assets | 27,701.56 | 15,733.60 | 12,379.84 | 11,955.87 | 10,518.67 | |
| Total Revenue | 28,907.08 | 21,184.40 | 19,527.44 | 19,230.42 | 16,217.76 | |
| Profit After Tax | 1,172.41 | 861.14 | 792.60 | 552.54 | 683.68 | |
The objects of the issue are-
1. Raise funds for Working Capital Requirements and;
2. General Corporate Purposes
| Issue Open | Sep 28, 2018 - Oct 3, 2018 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 6,496,000 Eq Shares of Rs 10 (aggregating up to Rs 42.87 Cr) |
| Face Value | Rs 10 Per Equity Share |
| Issue Price | Rs 64 - Rs 66 Per Equity Share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | NSE SME |
| Bid/Offer Opens On | Sep 28, 2018 |
| Bid/Offer Closes On | Oct 3, 2018 |
| Finalisation of Basis of Allotment | Oct 8, 2018 |
| Initiation of Refunds | Oct 9, 2018 |
| Credit of Shares to Demat Acct: | Oct 10, 2018 |
| IPO Shares Listing Date: | Oct 11, 2018 |
No. of Times Issue Subscribed (BSE + NSE) | |||||||
|---|---|---|---|---|---|---|---|
As on Date & Time | |||||||
Shares Offered | 3,080,000 | 3,080,000 | 6,160,000 | ||||
Oct 3, 2018 17:00 | 2.04x | 0.43x | 1.23x | ||||
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Bigshare Services Pvt. Ltd » Report
Bigshare Services Pvt Ltd E-2 & 3,
Ansa Industrial Estate, Saki-Vihar Road,
Sakinaka, Andheri(E), Mumbai - 400 072
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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