Kolkata Seafood Firm to Hook Rs 23 Crore via SME IPO

Essex Marine Limited, a Kolkata-based seafood processing and exporting company, is set to launch its Initial Public Offering (IPO) on the BSE SME platform. The company aims to raise up to Rs 23.01 crore through this public issue.

The IPO will open on August 4, 2025, and conclude on August 6, 2025. Khandwala Securities Limited is acting as the lead manager for the offering.

Funds raised will primarily be used for expansion projects, loan repayment, bolstering working capital, and general corporate purposes.

This IPO presents a significant opportunity for investors interested in the burgeoning Indian seafood industry and SME investments. The success of the offering will be closely watched as an indicator of investor sentiment towards this sector.

Karanveer Sharma

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