Knowledge Marine & Engineering Works
2,817.30
-75.50(-2.61%)
Market Cap₹- Cr
PE Ratio-
Company Performance:
1D-2.61%
1M+1.05%
6M+81.97%
1Y+19.32%
5Y+33.43%
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More news about Knowledge Marine & Engineering Works
30Oct 25
Knowledge Marine Allots Shares Worth Rs 270 Crores to Ashish Kacholia and Others in Preferential Issue
Knowledge Marine & Engineering Works Limited (KMEW) has completed a preferential allotment of 14,21,054 equity shares at ₹1,900 per share, raising ₹270 crores. Notable investor Ashish Kacholia participated, acquiring 52,632 shares. The company also allotted 77,946 convertible warrants to promoters at the same price. This move increases KMEW's paid-up equity share capital from ₹10.80 crores to ₹12.22 crores.
27Oct 25
Knowledge Marine Secures ₹385.76 Crore Green Tug Contract, Advancing Maritime Sustainability
Knowledge Marine & Engineering Works Limited (KMEW) has been awarded a ₹385.76 crore contract by V.O. Chidambaranar Port Authority for a 15-year electric tug service. The contract involves hiring, manning, operations, maintenance, and technical management of a 60-ton bollard pull capacity electric tug. This aligns with India's Green Tug Transition Program and Maritime Vision 2030, aiming to reduce carbon emissions in port operations. KMEW will design and build the tug in-house, demonstrating their capabilities in advanced marine solutions. The contract strengthens KMEW's presence in southern India and provides long-term revenue visibility.
16Oct 25
Knowledge Marine & Engineering Works Discloses Ultimate Beneficial Owners for Preferential Share Allotment
Knowledge Marine & Engineering Works Limited (KMEW) has provided details on the ultimate beneficial owners for a proposed preferential share allotment to Suryashakti Management Services Private Limited. The allotment involves 52,632 equity shares, representing a 0.43% post-issue shareholding. The ultimate beneficial owners include Neepa Shah, Navin Shah Family Private Trust, Kamlesh Shah, and Evoke Management Services LLP. This disclosure was made in compliance with SEBI regulations.
15Oct 25
Knowledge Marine & Engineering Works Secures 20-Year Luxury Cruise Contract on Narmada River
Knowledge Marine & Engineering Works Limited (KMEW) has been awarded a 20-year contract by the Madhya Pradesh Tourism Board to operate a luxury cruise service on the Narmada River. The 'River Pearl Cruise' will be a 70-meter twin-hull catamaran offering 3-day voyages between Kukshi and the Statue of Unity, covering 135 km. The vessel will feature 36 deluxe cabins, fine dining, an infinity pool, and eco-friendly systems. KMEW projects potential revenue of up to 800 crores over the contract period. The cruise is set to launch within 21 months, subject to final agreement signing.
10Oct 25
Knowledge Marine Secures ₹127.12 Crore Contract for Dredging Equipment
Knowledge Marine & Engineering Works Limited (KMEW) has been awarded a contract worth ₹127.12 crore by the Inland Waterways Authority of India (IWAI). The contract involves supplying four cutter suction dredgers and ancillary units, with a project timeline of 18 months. KMEW, specializing in ship building, repairs, chartering, and marine contracting, is based in Mumbai. The company recently held an EGM where resolutions for issuing equity shares and convertible warrants on a preferential basis were passed, indicating active growth strategies.
10Oct 25
Knowledge Marine & Engineering Works Allocates 52,632 Equity Shares to Ashish Kacholia
Knowledge Marine & Engineering Works Limited (KMEW) has announced a preferential issue of 52,632 equity shares to investor Ashish Kacholia. This is part of a larger allotment involving several other entities. Kacholia's holding will increase from 300,000 shares, but he will remain a non-promoter. Other entities receiving shares include Infinity Direct Holdings, Infinity Direct Capital, Infinity Partners II - Direct, Vimana Capital Management LLP, and Suryashakti Management Services Private Limited. The move suggests a strategic effort to broaden KMEW's investor base and potentially strengthen its capital position.
01Oct 25
Knowledge Marine Issues Corrigendum for Preferential Share Allotment, Detailing Fund Utilization Plans
Knowledge Marine & Engineering Works Limited (KMEW) has released a corrigendum to its EGM notice, detailing a Rs. 284.81 crore fund utilization plan over three years. The preferential issue price is set at Rs. 1,900 per share, above the floor price of Rs. 1,861.13. The issue includes allotments to various investors, with post-issue promoter shareholding expected to decrease to 53.93% from 60.69%. The EGM is scheduled for October 09, 2025, for shareholders to vote on the proposed issue.
24Sept 25
Knowledge Marine & Engineering Works Secures ₹91.85 Lakh Contract from Deendayal Port Authority
Knowledge Marine & Engineering Works Limited (KMEW) has won a ₹91.85 lakh contract from Deendayal Port Authority for excavation and dredging work at Bunder Basin. The four-month project involves water front area excavation for Ro-Ro facilities. KMEW will use its in-house vessel fleet, aiming for cost efficiency and operational agility. This contract reinforces KMEW's position in India's dredging and marine engineering sector.
21Sept 25
KMEW Targets Rs 2,000 Crore Projects With 35% EBITDA Margins
Knowledge Marine & Engineering Works Ltd (KMEW) has announced a growth strategy targeting projects worth Rs 2,000 crore with 35% EBITDA margins. The company operates in dredging, shipbuilding, and port ancillary services. KMEW's turnover has grown from Rs 1.49 crore in FY16 to over Rs 200 crore in the previous fiscal year, with a profit after tax of approximately Rs 50 crore. The company's order book stands at Rs 881 crore as of May 2025, with bids placed for projects worth Rs 3,500 crore. KMEW aims to achieve Rs 600-700 crore in revenue within the next three years. The company has repaid Rs 50 crore in debt to HDFC Bank and maintains a healthy equity ratio of 1.5 to 1. KMEW plans to expand its shipbuilding and repair services to external clients.
17Sept 25
Knowledge Marine Secures Rs 284.81 Crore Through Preferential Share and Warrant Issue, Announces Board Changes
Knowledge Marine & Engineering Works Limited (KMEW) has approved a preferential issue of equity shares and convertible warrants, raising Rs 284.81 crores. The company will issue 14,21,054 equity shares at Rs 1,900 per share to non-promoters and 77,946 convertible warrants to promoters. New investors include Infinity Direct Holdings and Ashish Kacholia. KMEW also announced board changes with Mr. Jagat Jiban Biswas resigning and Mr. Hemant Sibal appointed as Additional Non-Executive Non-Independent Director.
12Sept 25
Knowledge Marine & Engineering Works to Consider Fund Raising in Upcoming Board Meeting
Knowledge Marine & Engineering Works Limited (KMEW) has scheduled a board meeting for September 17, 2025, to consider fund-raising through equity shares and convertible securities. The company is exploring options like private placement and preferential allotment. The meeting will also address the approval of an Extraordinary General Meeting notice. KMEW has implemented a trading window closure from September 12, 2024, until 48 hours post-meeting outcome declaration. Additionally, KMEW's CFO, Mrs. Kanak Kewalramani, received the 'Woman Leadership in Maritime Award, 2025' from Maritime Excellence Awards.
12Sept 25
KMEW's CFO Kanak Kewalramani Honored with Prestigious Maritime Leadership Award
Mrs. Kanak Kewalramani, Whole-time Director and CFO of Knowledge Marine & Engineering Works Limited (KMEW), has been awarded the Woman Leadership in Maritime Award 2025 by the Maritime Excellence Awards. Selected from eight nominees, the award recognizes her leadership, financial stewardship, and commitment to operational excellence. KMEW's CEO praised her contributions, highlighting her role in the company's growth, asset efficiency, and position in marine infrastructure development. KMEW, established in 2015, specializes in marine craft operations, dredging services, ship repair, and hydrographic surveys.
09Sept 25
Knowledge Marine Secures ₹47.59 Crore Dredging Contract from Deendayal Port Authority
Knowledge Marine & Engineering Works Limited (KMEW) has been awarded a ₹47.59 crore dredging contract by Deendayal Port Authority. The project involves dredging operations at Ghoha Ro-Ro Terminal with a 12-month completion timeline. KMEW will use its existing vessel, River Pearl 8, for initial capital dredging. The contract is split into two phases: 60% for initial capital dredging in the first 3 months, and 40% for maintenance dredging in the remaining 9 months. This new order adds approximately 25% to KMEW's previous year turnover. The company secured this contract against competition from Sahara Dredging Limited and Rock and Reef Dredging Private Limited.
18Aug 25
KMEW Secures ₹28.32 Crore Dredging Contract for Pondicherry Port
Knowledge Marine & Engineering Works Limited (KMEW) has been awarded a ₹28.32 crore contract by Dredging Corporation of India Limited (DCIL) for maintenance dredging at Pondicherry Port. The 3-month contract, with a possible 1-month extension, involves dredging approximately 2,00,000 cubic meters using a Shallow Draft Trailing Suction Hopper Dredger. This marks KMEW's eighth engagement with DCIL in four years and its first project at Pondicherry Port. KMEW plans to use existing fleet equipment for the project, emphasizing asset utilization and operational efficiency.
07Aug 25
KMEW Secures ₹80.69 Crore Shipbuilding Contract from IWAI, Marking Entry into Commercial Shipbuilding
Knowledge Marine & Engineering Works Limited (KMEW) has won a ₹80.69 crore contract from the Inland Waterways Authority of India for designing, constructing, and supplying 6 work boats and 6 accommodation boats. The contract, to be executed over 20 months, marks KMEW's entry into commercial shipbuilding. CEO Sujay Kewalramani called it a landmark achievement, expanding the company's capabilities beyond ship repair and dredging. This B2G venture aligns with India's focus on enhancing port efficiency and inland waterway infrastructure.
07Aug 25
Knowledge Marine & Engineering Works Secures ₹81 Crore Contract from IWAI for Vessel Construction
Knowledge Marine & Engineering Works Limited (KMEW) has secured a contract worth ₹80.69 crore from the Inland Waterways Authority of India (IWAI). The contract involves designing, constructing, and supplying 12 vessels - 6 Work Boats and 6 Accommodation Boats - for the Capacity Augmentation of National Waterway-1 project. This marks KMEW's entry into the commercial shipbuilding sector, expanding from its existing services in ship repair and dredging. The contract will be executed over 20 months and is expected to open new revenue streams for the company.
06Aug 25
Knowledge Marine & Engineering Works Expands Portfolio with Strategic Acquisitions
Knowledge Marine & Engineering Works Limited (KMEW) has acquired stakes in three companies for a total investment of Rs. 197.84 lakhs. KMEW now fully owns Indian Ports Dredging Private Limited (IPDPL) and Knowledge Infra Ports Private Limited (KIPPL), and has a 51% stake in Kamal Marine & Engineering Works Private Limited (KMEWPL). These acquisitions aim to enhance KMEW's capabilities in dredging, marine operations, and shipbuilding sectors.
20May 25
Knowledge Marine & Engineering Works Secures ₹10.77 Crore Order
Knowledge Marine & Engineering Works Ltd (KMEW) has announced a new order worth ₹10.77 crore. While specific details about the nature of the work and the client remain undisclosed, this significant order is expected to boost the company's business prospects. KMEW, known for its marine engineering services including dredging and port management, is likely to see a positive impact on its order book and potential future revenue streams from this development.
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