Essex Marine IPO Allotment Today: Know the Details of this SME Maritime Company’s Public Issue

Date: 7 August 2025

The SME IPO market continues to witness strong investor interest, and Essex Marine Limited is the latest company to close its IPO with an allotment scheduled for today, 7 August 2025. The ₹23.01 crore public issue received a positive response, especially from retail investors, marking it as another noteworthy listing on the BSE SME platform.

📌 Company Overview: Essex Marine Limited

Essex Marine Limited operates in the marine services and logistics sector, providing comprehensive support services to shipping companies, ports, and cargo handlers. Their offerings include:

• Marine logistics and vessel support

• Cargo handling and port operations

• Underwater and offshore services

The company brings over a decade of experience and has recently expanded its presence to multiple Indian ports, riding on the growth of India’s maritime infrastructure.

💰 IPO Highlights

📊 IPO Subscription Status

The Essex Marine IPO was subscribed 2.91 times overall, with particularly strong demand from the retail segment.

• 🧍‍♂️ Retail Individual Investors (RIIs): 4.95x

• 🏢 Non-Institutional Investors (NIIs): 0.87x

• 📦 Total Subscription: 2.91x

The retail interest indicates solid sentiment in this SME offering, though the muted response from HNIs may keep listing gains moderate.

🗓️ IPO Timeline

Investors can check their allotment status on the BSE IPO portal or through the registrar Skyline Financial Services Pvt. Ltd.

🔍 Grey Market Premium (GMP)

The latest GMP for Essex Marine stood around ₹5-7 per share, signaling a modest premium over the issue price. While this suggests a probable listing gain, actual performance will depend on broader market sentiment and post-listing demand.

🧾 Utilization of IPO Proceeds

The company aims to utilize the IPO funds for:

• Expansion of marine service offerings

• Working capital requirements

• General corporate purposes

This strategic infusion will help Essex Marine bolster its footprint and enhance port-related logistics capabilities.

📦 Registrar & Lead Manager

• Registrar: Skyline Financial Services Pvt Ltd

• Lead Manager: Inventure Merchant Banker Services Pvt Ltd

📈 Listing Expectations & Market Impact

Given the decent subscription figures and a positive GMP, Essex Marine may see a moderate to good listing. However, being an SME IPO, liquidity post-listing could remain limited, and retail investors are advised to approach with realistic expectations.

The IPO comes amid a strong pipeline of SME listings and growing retail appetite for niche-sector companies in logistics and infrastructure.

✅Common Links to Check IPO Allotment Status:

•  Check Allotment Status – LinkinTime(MUFG): Click Here

•  Track NSE SME Live Listing: Click Here

• Track BSE Sme Live Listing: Click Here

List of IPO: Check Allotment Status here…

1. Bhadora Industries IPO: Click Here

2. Jyoti Global Plast IPO: Click Here

3. Parth Electricals IPO: Click Here

4. Aradhya Disposal IPO: Click On Server-1   Server-2   Server-3

5. BLT Logistics IPO: Click Here

6. Essex Marine IPO: Click Here

📉 Stock Market Disclaimer

Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.