Knowledge Marine & Engineering Works Limited

Knowledge Marine & Engineering Works IPO Review

Knowledge Marine & Engineering Works (KMEW) owns and operates dredging vessels, as well as repairs and maintenance/refits of dredging vessels and marine infrastructure. The group began operations in 2013 under the name Kamal Maritime & Engineering Works Private, repairing and refitting marine boats.

Within two years, the group had grown to include the ownership and operation of small ships under the banner of Knowledge Marine & Engineering Works Private Limited.
Over the years, the company has expanded from a tiny ship-repair unit to a ship-owning corporation, becoming an established player in India’s small-craft business market.

The company’s assets are estimated to be worth roughly INR25 crores, and it has an order book worth more than INR100 crores. KMEW is divided into two significant segments:

  • Marine craft ownership and operation for dredging services
  • Ancillary services include conducting maritime hydrographic and magnetometer surveys, providing technical manpower solutions for vessel maintenance and operation, and repairing and maintaining/refitting marine craft and Marine Infrastructure.

 

The group also operates three (three) firms constituted as a special purpose vehicle (SPV) under a joint venture agreement to meet the Government of India’s CPC guidelines for big contracts. International Seaport Dredging Private Limited, Indian Port Dredging Private Limited, Paradip Port Trust, and Solitaire Marine & Offshore Private Limited have all signed into agreements with the company.

Subscription Dates9 – 12 March 2021
Price BandINR37 per share
Fresh issue2,736,000 shares (INR1.92 crore)
Offer For SaleNil
Total IPO size2,736,000 shares (INR1.92 crore)
Minimum bid (lot size)3,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform
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FY2018

FY2019

FY2020

H1 FY2021

Revenue

10.64

10.60

24.18

16.34

Expenses

8.46

7.59

18.86

11.27

Net income

1.44

2.71

4.25

3.80

Net margin (%)

13.5

25.6

17.6

23.3

Earnings Per Share (EPS): INR5.32 

Price/Earnings (PE ratio): 6.95

Return on Net Worth (RONW): 38.30%

Net Asset Value (NAV): INR13.89 per share

Listing Performance of Knowledge Marine & Engineering Works IPO

John Murphy defines Technical Analysis as “the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends.” Market action refers to price, volume, and open interest data. While analysis of this data can’t make absolute predictions about the future, studying the past price movements on a chart can help technical analysts anticipate what is “likely” to happen to prices going forward.

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NSE : NA

BSE : 543273

ISIN CODE : INE0CJD01011

IPO Opening Date: 9 March 2021

IPO Closing Date: 12 March 2021

Listing Date: 22 March 2021

Opening Price on BSE SME: INR38 per share (up 2.7% from IPO price)

Closing Price on BSE SME: To be updated

Knowledge Marine & Engineering Works Limited

Office No. 402,

Sai Samarath Business Park,

Deonar Village Road,

Govandi (East) Mumbai 400088

Phone: +91 022 49739383

Email: info@kmew.in 

Website: www.kmew.in

Link Intime India Private Limited

C-101, 1st Floor,

247 Park Lal Bahadur Shastri Marg,

Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200

Fax: +91 22 4918 6195

Email: kmew.ipo@linkintime.co.in

Website: http://www.linkintime.co.in

Day

Subscription (no. of times)

Day 1

0.63

Day 2

1.30

Day 3

2.86

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Knowledge Marine & Engineering Works IPO FAQ's

The Knowledge Marine & Engineering Works IPO is a SME IPO of ₹37 per equity share with a face value of ₹10 per equity share. 

The issue size is priced at 2,736,000 equity shares of ₹10 (aggregating up to ₹10.12 Crore).

The initial public offering (IPO) begins on Mar 9, 2021 and ends on Mar 12, 2021.

The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and SME.

The Knowledge Marine & Engineering Works IPO opens on Mar 9, 2021 and closes on Mar 12, 2021. The IPO Issue date may list on Mar 22, 2021.

The Knowledge Marine & Engineering Works IPO Market lot size is 3000 Shares and the minimum order quantity is 3000 Shares.

The finalization of Basis of Allotment for Knowledge Marine & Engineering Works IPO will be done in March 2021 and the allotted shares will be credited to your demat account by March 2021. Check the Knowledge Marine & Engineering Works IPO status.

The Knowledge Marine & Engineering Works IPO listing date is on March 22, 2021.

Knowledge Marine & Engineering Works IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

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Knowledge Marine & Engineering Works IPO Comments