Essex Marine IPO vs NIS Management IPO

Comparison between Essex Marine IPO and NIS Management IPO.

IPO Details

Essex Marine IPO is a SME Bookbuilding IPO proposed to list at BSE SME while NIS Management IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of Essex Marine IPO is up to ₹21.86 Cr whereas the issue size of the NIS Management IPO is up to ₹56.34 Cr. The final issue price of Essex Marine IPO is ₹54.00 per share and of NIS Management IPO is ₹111.00 per share.

 Essex Marine IPONIS Management IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹105.00 per share
Issue Price (Upper)₹111.00 per share
Issue Price (Final)₹54.00 per share₹111.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size2000 shares1200 shares
Fresh Issue Size40,48,000 shares43,32,000 shares
Fresh Issue Size (Amount)up to ₹21.86 Crup to ₹48.09 Cr
OFS Issue Size0 shares7,44,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹8.26 Cr
Issue Size Total40,48,000 shares50,76,000 shares
Issue Size Total (Amount)up to ₹21.86 Crup to ₹56.34 Cr

IPO Timetable

Essex Marine IPO opens on Aug 04, 2025, while NIS Management IPO opens on Aug 25, 2025. The closing date of Essex Marine IPO and NIS Management IPO is Aug 06, 2025, and Aug 28, 2025, respectively.

 Essex Marine IPONIS Management IPO
Anchor Bid DateAug 22, 2025
Issue OpenAug 04, 2025Aug 25, 2025
Issue CloseAug 06, 2025Aug 28, 2025
Basis Of Allotment (Tentative)Aug 07, 2025Aug 29, 2025
Initiation of Refunds (Tentative)Aug 08, 2025Sep 01, 2025
Credit of Share (Tentative)Aug 08, 2025Sep 01, 2025
Listing date (Tentative)Aug 11, 2025Sep 02, 2025
Anchor Lockin End date 1Sep 28, 2025
Anchor Lockin End date 2Nov 27, 2025

Financials & KPIs

Essex Marine IPO P/E ratio is 12.73, as compared to NIS Management IPO P/E ratio of 9.13.

 Essex Marine IPONIS Management 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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets49.0934.2640.99
Total Income39.9321.1123.59
Profit After Tax4.671.822.03
EBITDA9.444.996.01
NET Worth17.6813.0111.19
Reserves and Surplus6.687.515.69
Total Borrowing23.9016.0819.34
Amount in ₹ Crore

Company Financials (Restated Consolidated)

NIS Management Ltd.'s revenue increased by 7% and profit after tax (PAT) rose by 2% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets255.11247.44225.72
Total Income405.33380.06341.93
Profit After Tax18.6718.3816.14
EBITDA26.3031.1228.32
NET Worth152.00132.94114.55
Reserves and Surplus137.14125.97107.57
Total Borrowing83.7891.1187.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9995.99
Promoter Shareholding (Post-Issue)72.0869.63
P/E Ratio12.739.13
Market Cap₹82.41 Cr.₹219.78 Cr.
ROE30.4013.10
ROCE18.8717.63
Debt/Equity2.400.55
EPS₹4.24₹12.15
RoNW26.3913.10

Shares Offered

In the Essex Marine IPO Retail Individual Investors (RII) are offered 20,24,000 shares while in NIS Management IPO retail investors are offered 20,24,000 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Essex Marine IPO and 10,08,000 shares in NIS Management IPO.

 Essex Marine IPONIS Management IPO
Anchor Investor Reservation15,06,000 shares
Market Maker Reservation2,14,000 shares3,30,000 shares
QIB0 shares10,08,000 shares
NII20,24,000 shares7,74,000 shares
RII20,24,000 shares17,88,000 shares
Employee0 shares0 shares
Others
Total40,48,000 shares50,76,000 shares

Bids Received (Subscription)

Essex Marine IPO subscribed 2.91x in total, whereas NIS Management IPO subscribed 3.13x.

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Essex Marine IPO Vs NIS Management IPO