Marine Electricals (India) Limited IPO – GMP, Review, Share Price, Subscription, and Details

IPOGMPTracker

IPOGMPTracker Team

Sep 28, 2018 · 2 min read

Marine Electricals (India) Limited IPO – GMP, Review, Share Price, Subscription, and Details
IPO GUIDE
IPOGMPTRACKER

Complete analysis of the Marine Electricals (India) Limited initial public offering (IPO), including daily grey market premium (GMP) updates, subscription trends, and allotment links.

1.Marine Electricals (India) Limited IPO Overview

The initial public offering (IPO) of Marine Electricals (India) Limited is a public issue under the SME board. The subscription window is scheduled to open on Sep 28, 2018 and close on Oct 3, 2018, with the price band fixed at ₹64–66 per equity share.

2.Issue Details at a Glance

DetailValue
Bidding DatesSep 28, 2018 – Oct 3, 2018
Price Band₹64–66
Lot Size2000 shares
Minimum Investment₹1,28,000
Issue SizeTBA
Listing AtNSE SME

3.Bidding, Allotment & Listing Timeline

  • Bidding opens: Sep 28, 2018
  • Bidding closes: Oct 3, 2018
  • Allotment date: TBA
  • Listing date: 2020-12-02
  • Minimum investment: ₹1,28,000 for 2000 shares

4.Marine Electricals (India) Limited IPO GMP Today

No grey market premium has been recorded for Marine Electricals (India) Limited yet. GMP is an informal, unregulated indicator of listing-day sentiment and is not published by any exchange.

5.How to Apply for Marine Electricals (India) Limited IPO

  1. 1Open IPOGMPTracker or use your broker's app or net banking ASBA facility.
  2. 2Search for "Marine Electricals (India) Limited IPO" and select it from the list of current issues.
  3. 3Choose your demat account and enter your bid quantity in multiples of the 2000-share lot, at a price within the ₹64–66 band (or bid at cut-off, if eligible).
  4. 4Submit the application and approve the UPI mandate request when it arrives — funds stay blocked in your account and are debited only on allotment.

Allotment is expected to be finalised around TBA, with listing tentatively scheduled for 2020-12-02 on BSE and NSE. Once finalised, check your status on the Marine Electricals (India) Limited IPO allotment status page.

6.How to Track Subscription & Allotment

7.Conclusion

Marine Electricals (India) Limited opens on Sep 28, 2018 and closes on Oct 3, 2018 at ₹64–66 per share. Read the offer documents in full and consult a qualified adviser before applying — nothing on this page is investment advice.

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