Kolkata Seafood Firm Eyes 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 this offering.

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

This IPO presents a significant opportunity for investors interested in the burgeoning Indian seafood industry. The success of the offering will be closely watched as an indicator of investor sentiment towards SME IPOs in the current market climate.

Karanveer Sharma

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