Comparison between Essex Marine IPO and Safety Controls IPO.
Essex Marine IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Safety Controls IPO is a SME Bookbuilding proposed to list at BSE SME.
| Essex Marine IPO | Safety Controls IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Khandwala Securities Ltd. | Sobhagya Capital Options Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL |
The total issue size of Essex Marine IPO is up to ₹21.86 Cr whereas the issue size of the Safety Controls IPO is up to ₹45.57 Cr. The final issue price of Essex Marine IPO is ₹54.00 per share and of Safety Controls IPO is .
| Essex Marine IPO | Safety Controls IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹75.00 per share | |
| Issue Price (Upper) | ₹80.00 per share | |
| Issue Price (Final) | ₹54.00 per share | |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1600 shares |
| Fresh Issue Size | 40,48,000 shares | 56,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.86 Cr | up to ₹45.57 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 40,48,000 shares | 56,96,000 shares |
| Issue Size Total (Amount) | up to ₹21.86 Cr | up to ₹45.57 Cr |
Essex Marine IPO opens on Aug 04, 2025, while Safety Controls IPO opens on Apr 06, 2026. The closing date of Essex Marine IPO and Safety Controls IPO is Aug 06, 2025, and Apr 08, 2026, respectively.
| Essex Marine IPO | Safety Controls IPO | |
|---|---|---|
| Anchor Bid Date | Apr 02, 2026 | |
| Issue Open | Aug 04, 2025 | Apr 06, 2026 |
| Issue Close | Aug 06, 2025 | Apr 08, 2026 |
| Basis Of Allotment (Tentative) | Aug 07, 2025 | Apr 09, 2026 |
| Initiation of Refunds (Tentative) | Aug 08, 2025 | Apr 10, 2026 |
| Credit of Share (Tentative) | Aug 08, 2025 | Apr 10, 2026 |
| Listing date (Tentative) | Aug 11, 2025 | Apr 13, 2026 |
| Anchor Lockin End date 1 | May 09, 2026 | |
| Anchor Lockin End date 2 | Jul 08, 2026 |
Essex Marine IPO P/E ratio is 12.73, as compared to Safety Controls IPO P/E ratio of 12.3.
| Essex Marine IPO | Safety Controls IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)Essex Marine Ltd.'s revenue increased by 89% and profit after tax (PAT) rose by 156% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 66.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.08 | 46.40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 12.73 | 12.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹82.41 Cr. | ₹158.62 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 30.40 | 30.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.87 | 37.39 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 2.40 | 0.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.24 | ₹6.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.39 | 21.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Essex Marine IPO Retail Individual Investors (RII) are offered 20,24,000 shares while in Safety Controls IPO retail investors are offered 20,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Essex Marine IPO and 12,00,000 shares in Safety Controls IPO.
| Essex Marine IPO | Safety Controls IPO | |
|---|---|---|
| Anchor Investor Reservation | 15,84,000 shares | |
| Market Maker Reservation | 2,14,000 shares | 3,04,000 shares |
| QIB | 0 shares | 12,00,000 shares |
| NII | 20,24,000 shares | 8,64,000 shares |
| RII | 20,24,000 shares | 20,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 40,48,000 shares | 56,96,000 shares |
Essex Marine IPO subscribed 2.91x in total, whereas Safety Controls IPO subscribed 1.28x.
| Essex Marine IPO | Safety Controls IPO | |
|---|---|---|
| QIB (times) | 1.31x | |
| NII (times) | 0.87x | 2.45x |
| Big NII (times) | 3.37x | |
| Small NII (times) | 0.61x | |
| RII (times) | 4.95x | 0.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.91x | 1.28x |
