Cospower Engineering Limited IPO
BSE SMEListed On: Mar 30, 2020 at ₹ 51
₹ 204000 /4000 Shares
*Min Investment
17 Mar, 2020
Open Date19 Mar, 2020
Close Date25 Mar, 2020
Allotment Date30 Mar, 2020
Listing DateIPO Issue Details
- Issue Price Rs 51/- Per Equity Share
- Face Value Rs 10/- Per Equity Share
- Issue Price Fresh Issue of 4,00,000 Equity Shares of Rs 10/- at price of Rs 51/- with aggregating up to Rs 2.04 Cr
- Listing at BSE SME
- List Price 51
- Listing Date 2020-03-30
- Lead Manager Shreni Private Limited
- Registrar Bigshare Services Private Limited
IPO Details
- Retail Portion N/A
IPO Details
Cospower Engineering Limited IPO is an SME IPO, priced at Rs 51/- Per Equity Share . The equity shares have a face value of Rs 10/- Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 17, 2020 to Mar 19, 2020. The allotment is expected to be finalized on Mar 25, 2020, and the tentative listing date is Mar 30, 2020.
The registrar of the IPO is Bigshare Services Private Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,88,000 | 1,88,000 | 3,76,000 |
Day 1 - 17-03-20 | 2,08,000 1.11 x | 8,000 0.04 x | 2,16,000 0.57 x |
Day 2 - 18-03-20 | 4,40,000 2.34 x | 32,000 0.17 x | 4,72,000 1.26 x |
Day 3 - 19-03-20 | 4,44,000 2.36 x | 1,30,000 0.69 x | 5,74,000 1.53 x |
Valuations
IPO - Issue Objectives
To meet the working capital requirements of the company ( Rs 1.18 Cr )
General Corporate Purposes ( Rs 0.38 Cr )
To meet the Issue Expenses ( Rs 0.49 Cr )
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| RO Jewels Limited | 1.03 | 684 | 1.38% | 4.24 |
| Narbada Gems and Jewellery Limited | 1.06 | 8.58 | 12.41% | 40.57 |
| Vaibhav Global Limited | 5.86 | 102.16 | 5.74% | 1828.15 |
IPO - FAQs
Ans. Cospower Engineering Limited IPO is a SME IPO. The issue is priced at Rs 51/- Per Equity Share . The minimum order quantity is 2000 Shares. The IPO opens on Mar 17, 2020, and closes on Mar 19, 2020. Bigshare Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Cospower Engineering Limited IPO opens on Mar 17, 2020 and closes on Mar 19, 2020.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Cospower Engineering Limited IPO is Fresh Issue of 4,00,000 Equity Shares of Rs 10/- at price of Rs 51/- with aggregating up to Rs 2.04 Cr.
Ans. The Cospower Engineering Limited IPO price band is set between Rs 51/- Per Equity Share .
Ans. To apply for Cospower Engineering Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Cospower Engineering Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Cospower Engineering Limited IPO is Mar 25, 2020.
Ans. The Cospower Engineering Limited IPO will be listed on Mar 30, 2020.
Ans. Follow the steps to check the Cospower Engineering Limited IPO allotment status online.
