Knowledge Marine & Engineering Works IPO (KMEW IPO) Date, Price, Subscription, Details

KMEW IPO

KMEW IPO open date is 09 March 2021, Tuesday and close date is March 12 2021, Friday.

KMEW IPO will be subscribed with a premium of Rs 27 per equity share & the issue price is 3.7 times of the face value.

KMEW IPO Details

Open Date09 March 2021
Close Date12 March 2021
Minimum Quantity (Market Lot)3000 equity shares
Share Price₹ 37 Per Equity Share
Face Value₹ 10 Per Equity Share
One Market Lot PriceRs 1,11,000
Exchange Listing BSE SME
DRHPClick To View

KMEW IPO Date

Open Date09 March 2021
Close Date12 March 2021

KMEW IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum13000Rs 1,11,000
Maximum13000Rs 1,11,000

KMEW IPO Objectives

S. NO.ParticularsAmount (₹ in Lacs)
1Business Expansion298.00
2To meet Working Capital requirements[●]
3General corporate purposes[●]
Net proceeds of the issue[●]
FPO Issue related expenses[●]
Gross proceeds from the issue[●]

KMEW IPO Subscription Status

KMEW IPO bidding will start from 09 March 2021, Tuesday.

DateNII (x)Retail (x)Total (x)
09-Mar-20210.810.470.64
10-Mar-20211.311.301.30
11-Mar-2021
12-Mar-2021

Ashapuri Gold Ornament SME Share

IPO Issue Size2,736,000 Equity Shares
Fresh Issue[●] Shares
Offer For Sale[●] Shares
Exchange ListingBSE SME


KMEW IPO Allotment Status

Investors can Check their Stove Kraft FPO Allotment Status on Registrar’s website.

You can Check Stove Kraft FPO Allotment Status Here

KMEW IPO Review

Company sectorMarine crafts & Marine Infrastructure
Promoters Name1. Mr. Saurabh
2. M. Daswani
3. Mrs. Kanak S. Kewalramani
Promoter Shareholding Pattern (Pre Issue)100%
Promoter Shareholding Pattern (Post Issue)[●]%

KMEW IPO Balance sheet

Date30-Sep-2031-Mar-2031-Mar-1931-Mar-18
Total Assets 3,381.293,550.602,994.451,409.29
Total Income1,634.392,417.971,059.521,064.19
Total Expense1,126.591,886.20759.04846.46
Restated Profit After tax (PAT)380.06424.78270.92143.82

As At / For the year or period ended (Amount In Rs.) & (Rs. in Lakhs)

KMEW IPO

Knowledge Marine & Engineering Works is engaged in the business of owning and operating Marine Crafts for dredging along with repairs and maintenance/refits of Marine Crafts and Marine Infrastructure. The group started Its business in the year 2013 under the name Kamal Marine & Engineering Works Private Limited, which undertakes the business of repair/ refits of marine crafts. With two years of marine engineering experience and sustainable financial growth, the group expanded to owning and operating small crafts under the flagship of Knowledge Marine & Engineering Works Private Limited with its head office in Mumbai. Over the years Company has become an established player in the small-craft business segment in India and have evolved from a small ship-repair unit to a ship-owning Company. The Company was incorporated in the year 2015 with a vision to own and operate marine craft for the Government of India. The Company has an approximate asset value of around Rs. 25 crores and an order book of over Rs. 100 crores.


The Company has two major segments which include the following:

  • Owning and operating of Marine crafts for dredging services.
  • Ancillary services – conducting marine hydrographic & magnetometer survey, providing technical manpower solutions for maintenance and operation of vessels and repairs and Maintenance/ Refits of Marine Crafts and Marine Infrastructure.

KMEW group, operate with other 3 (three) companies formed as a special purpose vehicle (SPV) through the joint venture agreement to meet the CPC guideline set by the Government of India for large contracts and to secure them for the group’s growth. The company handle the contracts which involve the following:

  • Repairs, refit and renewals of marine crafts, hiring of tug, survey-cum-pilot launch, barges and other marine vessels.
  • Dredging at various ports of India.
  • Manning, technical maintenance, operations of marine vessels.
  • Hydrographical and magnetometer surveys.
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