Marine Electricals (India) Limited IPO

The Marine Electricals Limited is ISO 9001:14001 and OHSAS 18001 engaged in the business of dealing in electrical solutions that carters mainly Marine sector and Non-Marine sector. It provides several solutions consisting of Low Voltage, Medium Voltage and Industrial Automation supported by in-house design & development, manufacturing, installations and after sale service.

Date of Incorporation: The company was reformed as M/s Marine Electricals on 24th May 2004 at Mumbai. Subsequently, it was reformed to the public limited company named Marine Electricals (India) Limited on 25th July 2008.

Promoters of Marine Electricals (India) Limited: Mr Vinay Uchil, Mr Venkatesh Uchil and KDU Enterprises Private Limited are the promoters of Marine Electricals (India) Limited.

Products and Services: The company offers the diversified product portfolio ranging from generators up to lighting distribution panels. Some of its products are categorised under:

• - Power Supply

• - Power Management

• - Power Distribution

• - Consoles

• - Navigation and Communication

• - Information Technology

Customer Segments: The company serves several companies like JSW, Mahindra, MRF and Nestle among others.

Objects of Marine Electricals (India) Limited: The core objective of Marine Electricals (India) Limited are:

- Funding Working Capital Needs.

- Corporate Expenses.

Company Financials: