Essex Marine Ltd. IPO

We are producer of processed fish and shrimp headquartered in Kolkata, West Bengal. Our main processed seafood comprised of different varieties of marine fish and shrimp as well as aquaculture vannamei shrimp. We export frozen fish and shrimps from India under our brand name “Essex”. ... We have over 16 years of history in fish and shrimp processing and selling of processed frozen fish and shrimp with varying degrees of value addition to our customers to China, Europe and Israel. Our major customers are in China and Europe, which includes food service distributors and warehouse chains. In addition, we also undertake job work for different merchant exporters to ensure we are running our processing plant at optimal capacity. Our Company is a “One Star Export House”. We are an integrated player across the processed frozen fish and shrimp supply chain from raw fish and shrimp procurement, processing, and overseas distribution to our customers. We procure raw fish and shrimp primarily from landing centres and aquaculture farmers in the eastern coast of India. Read more

India is the third-largest fish and aquaculture-producing country. It accounts for 7.96% of the total global fish production. The industry employs more than 28 million people in India.

The marine resources of India constitute a coastline of 8,118 km, an Exclusive Economic Zone (EEZ) of 2 ... million sq. km, and a continental shelf area of 0.53 sq. km. The inland resources include 0.27 million km of rivers and canals, 2.36 million hectares of ponds and tanks, 3.54 million hectares of reservoirs, and 1.2 million hectares of floodplain lakes. The national fish production for the year 2022-23 had been expected to touch or exceed 174 lakh tons which includes 131.13 lakh tons and 42.87 lakh tons from the inland fish and marine sectors, respectively. (provisional figures), an 81% increase when compared to 2013-14. Read more