Essex Marine Ltd IPO

About Essex Marine Ltd

Essex Marine Limited (the Issuer or Company) was incorporated under the Companies Act, 1956 as a private limited company under the name and style of `Rajsen Impex Private Limited' pursuant a certificate of incorporation dated August 27, 2009 issued by the Registrar of Companies, West Bengal at Kolkata. Subsequently, pursuant to resolutions passed by our Board of Directors in their meeting held on November 2, 2013 and by a Shareholders' Resolution passed on November 06, 2013, the name of our Company was changed to `Essex Marine Private Limited' and a fresh certificate of incorporation dated November 8, 2013 was issued by the Registrar of Companies, West Bengal at Kolkata. Further, pursuant to resolutions passed by our Board of Directors in their meeting held on February 05, 2025 and Shareholder's Resolution passed on February 06, 2025 our Company was converted into a public limited company, consequent to which its name was changed to `Essex Marine Limited' and a fresh certificate of incorporation dated February 19, 2025, consequent to such conversion was issued by the Registrar of Companies, West Bengal at Kolkata.

The Indian Defence Equipment Industry today symbolizes more than just manufacturing capacity; it represents the technological awakening of a New India. From indigenous fighter jets, drones, and missile systems to smart battlefield equipment and cyber-defence platforms, India is shaping the future of warfare with home-grown capabilities. The government's flagship programs like `Atmanirbhar Bharat', `Make in India', and the Defence Production and Export Promotion Policy (DPEPP) are laying the foundation for a resilient industrial base that not only serves national interests but also integrates India into the global defence supply chain. With growing defence exports, increasing participation from private and foreign players, and targeted investments in infrastructure through Defence Industrial Corridors, India is positioning itself as a global hub for advanced defence manufacturing. The vision is clear: to reduce strategic dependencies, strengthen domestic capabilities, and create a futureready defence economy that secures the nation and propels industrial growth.

We are engaged in the design, engineering, and manufacture of plastic-centric assemblies and sub-systems for original equipment manufacturers (OEMs) across India. These assemblies are produced by integrating plastic, sheet metal, machined, rubber, and other components within specified tolerances. Our primary business is with defence-sector OEMs, where we supply plastic hardware integrated into assemblies used by the armed forces. Continuous collaboration within this supply chain has enabled us to understand the technical and functional requirements of defence applications and deliver solutions that meet specifications. In addition to defence, we manufacture custom assemblies for plastic bulk packaging, electronics components, other plastic products. We also operate a retail shop for woollen and home linen products. The defence segment accounts for the majority of our business and continues to expand with the development of new assemblies and products.

Strengths

Risk

Strategy