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September 28, 2018 - October 3, 2018

Marine Electricals IPO FAQ

Marine Electricals IPO Date & Price

The Marine Electricals IPO opens on September 28, 2018 and closes on October 3, 2018.

Marine Electricals IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 28, 2018
  • Bid/Offer Closes On: October 3, 2018
  • Finalization of Basis of Allotment: October 8, 2018
  • Initiation of refunds: October 9, 2018
  • Credit of Equity Shares: October 10, 2018
  • Listing Date: October 11, 2018

Marine Electricals IPO price is set at ₹66 per equity share.

Marine Electricals IPO will close for subscription at 5 PM on October 3, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Marine Electricals IPO starts on September 28, 2018. The issue ends on October 3, 2018.

Marine Electricals IPO Issue Size and Subscription Status

The Marine Electricals IPO size is 6496000 Equity Shares of ₹10 aggregating up to ₹42.87 Cr.

Marine Electricals (India) Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Marine Electricals IPO shares through the banks (using ASBA) or through the broker (using UPI).

Marine Electricals IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)3,080,000 Shares
Retail Individual Investor (RII)3,080,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size6,160,000 Shares

Marine Electricals IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)2.04 times times
Retail Individual Investor (RII)0.43 times times
Employee Reservations times
Other Reservations times
Total Issue Size1.23 times times

Click here to check the Marine Electricals IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Marine Electricals IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Marine Electricals IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Marine Electricals IPO Allotment and Listing

The Marine Electricals IPO allot status will be available online on October 8, 2018. Check the Marine Electricals IPO Allotment Status here.

Click here to check Marine Electricals IPO Allotment Status.

Marine Electricals IPO listing Date is October 11, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Marine Electricals IPO listing date and time is published by the exchange in a circular.

Click here to view the Marine Electricals IPO Basis of Allotment.

It is hard to say at what price Marine Electricals IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Marine Electricals IPO shares will list on October 11, 2018 at NSE SME.

Marine Electricals IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Marine Electricals IPO which could help you with questions like Marine Electricals IPO buy or not? You should also read Marine Electricals IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Marine Electricals IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Marine Electricals IPO performance. The performance reports are available 1 day after listing.