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C P S Shapers IPO is a fixed price issue of ₹11.10 crores. The issue is entirely a fresh issue of 0.06 crore shares of ₹11.10 crore.
C P S Shapers IPO bidding started from Aug 29, 2023 and ended on Aug 31, 2023. The allotment for C P S Shapers IPO was finalized on Sep 5, 2023. The shares got listed on NSE SME on Sep 7, 2023.
C P S Shapers IPO price is ₹185.00 per share . The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹1,11,000 (600 shares). The minimum lot size investment for HNI is 2 lots (1,200 shares), amounting to ₹2,22,000.
Shreni Shares Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Shreni Shares Ltd..
Refer to C P S Shapers IPO RHP for detailed Information.
| IPO Date | August 29, 2023 to August 31, 2023 |
| Listing Date | September 7, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹185 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 6,00,000 shares (aggregating up to ₹11.10 Cr) |
| Reserved for Market Maker | 31,200 shares Shreni Shares Ltd. (aggregating up to ₹0.5772 Cr) |
| Net Offered to Public | 5,68,800 shares (aggregating up to ₹10.52 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 15,00,000 shares |
| Share Holding Post Issue | 21,00,000 shares |
C P S Shapers IPO offers total 6,00,000 shares. Out of which 2,84,400 (47.40%) allocated to NII, 2,84,400 (47.40%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 31,200 (5.20%) |
| NII (HNI) Shares Offered | 2,84,400 (47.40%) |
| Retail Shares Offered | 2,84,400 (47.40%) |
| Total Shares Offered | 6,00,000 (100.00%) |
C P S Shapers IPO opens on August 29, 2023, and closes on August 31, 2023.
| IPO Open Date | Tue, Aug 29, 2023 |
| IPO Close Date | Thu, Aug 31, 2023 |
| Tentative Allotment | Tue, Sep 5, 2023 |
| Initiation of Refunds | Wed, Sep 6, 2023 |
| Credit of Shares to Demat | Thu, Sep 7, 2023 |
| Tentative Listing Date | Thu, Sep 7, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Aug 31, 2023 |
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,11,000 |
| Retail (Max) | 1 | 600 | ₹1,11,000 |
| HNI (Min) | 2 | 1,200 | ₹2,22,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2012, C P S Shapers Limited is engaged in the business of manufacturing Shapewear for Men and Women.
The company manufactures and sells Shapewear for Men and Women through its brands -Dermawear with the motto Shape up with Confidence and YDIS (Your Dress Is Shapewear), through both, online and offline channels.
C P S Shapers' product portfolio includes Saree Shapewear, Mini Shaper, Sports Bra, All Mini corsets, Tummy Reducer, All Zenrik, Slimmer, Active Pants, Denim, Mask, and other shapewear. It has a PAN India presence with a distributor network in 28 states and 8 Union territories for its domestic market. It also exports to 5 countries namely Canada, Germany, Australia, United Kingdom, United States of America.
The company's manufacturing unit is located in Meerut, Uttar Pradesh, and its warehousing facilities are in Palghar, Maharashtra, and Tiruppur, Tamil Nadu.
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,102.02 | 1,275.48 | 1,751.20 |
| Total Income | 1,441.71 | 2,668.84 | 3,696.16 |
| Profit After Tax | 38.05 | 157.06 | 246.09 |
| Net Worth | -228.03 | -70.97 | 175.12 |
| Reserves and Surplus | -278.03 | -120.97 | 125.12 |
| Total Borrowing | 947.57 | 935.57 | 1,043.66 |
The market capitalization of C P S Shapers IPO is ₹38.85 Cr.
| KPI | Values |
|---|---|
| ROE | 4.73% |
| ROCE | 0.28% |
| Debt/Equity | 5.96 |
| RoNW | 140.53% |
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
[Dilip Davda] CSL has performed well for the reported periods. It is operating in a highly competitive and fragmented segment. Based on FY23 earnings, the issue appears reasonably priced. The small equity post-IPO indicates a longer gestation period for migration to the mainboard. Well-informed investors may park funds for long-term rewards. Read detail review...
| Listing Date | September 7, 2023 |
| BSE Script Code | |
| NSE Symbol | CPS |
| ISIN | INE0QBU01012 |
| Final Issue Price | ₹185 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹185.00 |
| Open | ₹450.00 |
| Low | ₹427.50 |
| High | ₹472.50 |
| Last Trade | ₹472.50 |
C P S Shapers Ltd.
201-204, 2nd Floor, Swamini Industrial Estate No 3
Opp. Varun Industries, Nanal Nagar, Waliv,
Vasai East,
Palghar, Maharashtra, 401208
Phone: +91 9084735560
Email: investor@dermawear.co.in
Website: https://www.cpsshapersltd.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
C P S Shapers IPO is a SME IPO of 6,00,000 equity shares of the face value of ₹10 aggregating up to ₹11.10 Crores. The issue is priced at ₹185 per share. The minimum order quantity is 600.
The IPO opens on August 29, 2023, and closes on August 31, 2023.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in C P S Shapers IPO using UPI as a payment gateway. Zerodha customers can apply in C P S Shapers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in C P S Shapers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The C P S Shapers IPO opens on August 29, 2023 and closes on August 31, 2023.
C P S Shapers IPO lot size is 600, and the minimum amount required for application is ₹1,11,000.
You can apply in C P S Shapers IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for C P S Shapers IPO will be done on Tuesday, September 5, 2023, and the allotted shares will be credited to your demat account by Thursday, September 7, 2023. Check the C P S Shapers IPO allotment status.
The C P S Shapers IPO listing date is on Thursday, September 7, 2023.
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