Cospower Engineering Limited IPO
BSE SMEListed On: Mar 30, 2020 at ₹ 51
₹ 102000 /2000 Shares
IPO Details
17 Mar, 2020
Open Date19 Mar, 2020
Close Date25 Mar, 2020
Allotment Date30 Mar, 2020
Listing DateIssue Price
Rs 51/- Per Equity ShareFace Value
Rs 10/- Per Equity ShareListing at Group
BSE SMERegistrar
Bigshare Services Private LimitedList Price
51Listing Date
2020-03-30Market Lot
2000 Shares (Rs 1,02,000/-)Lead Manager
Shreni Private LimitedIssue Size
Fresh Issue of 4,00,000 Equity Shares of Rs 10/- at price of Rs 51/- with aggregating up to Rs 2.04 CrRetail Portion
N/ASubscription
5,74,000 1.53 timesIPO Docs
No related IPO documents available.
IPO Subscription 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
Earnings Per Share (EPS)
Rs 3.45/-P/E Ratio
14.79RoNW
32.65%Net Asset Value ( Post Issue )
Rs 34.29/-Company Financials All values are in ₹ Cr.
- Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Net Worth | |
|---|---|---|---|---|
| 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 |
- Promoter(s)
Company Promoter(s)
- Mr. Oswald Rosario Dsouza
- Mr. Felix Shridhar Kadam
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 - 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. 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 IPO price band is set between Rs 51/- Per Equity Share .
Ans. To apply for Cospower Engineering Limited IPO 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 allotment status for Cospower Engineering Limited IPO here.
