Mumbai (Maharashtra) [India], March 5 (ANI/PRNewswire): Knowledge Marine & Engineering Works Limited ('Company'), engaged in the business of owning and operating of Marine Crafts for dredging along with repairs and maintenance/refits of Marine Crafts and Marine Infrastructure will be launching its initial public offering ('IPO' or the 'Offer') which is scheduled to open on Tuesday, March 09 and close on Friday March 12, 2021, with a fixed price band of Rs 37 per Equity Share of face value of Rs 10 each of the Company (the 'Equity Shares'). Initial Public Offer of 27,36,000 equity shares of face value of Rs 10/- each (the 'Equity Shares') of Knowledge Marine & Engineering Works Limited ('The company' or 'KMEWL' or 'The Issuer') at an issue price of Rs 37 per Equity Share for cash, aggregating up to Rs 1012.32 Lakhs ('Public Issue') out of which 1,44,000 equity shares of face value of Rs.10 each, at an Issue Price of Rs 37 per Equity Share for cash, aggregating Rs 53.28 Lakhs will be reserved for subscription by the market maker to the issue (The 'Market Maker Reservation Portion').