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Captain Pipes IPO is a fixed price issue of ₹4.40 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹4.40 crore.
Captain Pipes IPO bidding started from Nov 26, 2014 and ended on Dec 1, 2014. The shares got listed on BSE SME on Dec 11, 2014.
Captain Pipes IPO price is ₹40.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,40,000.
Hem Securities Ltd. is the book running lead manager and Sharepro Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Hem Securities Ltd..
Refer to Captain Pipes IPO RHP for detailed Information.
| IPO Date | November 26, 2014 to December 1, 2014 |
| Listing Date | December 11, 2014 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹40 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 11,01,000 shares (aggregating up to ₹4.40 Cr) |
| Reserved for Market Maker | 57,000 shares Hem Securities Ltd. (aggregating up to ₹0.2280 Cr) |
| Net Offered to Public | 10,44,000 shares (aggregating up to ₹4.18 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 30,57,560 shares |
| Share Holding Post Issue | 41,58,560 shares |
Captain Pipes IPO offers total 11,01,000 shares. Out of which 5,22,000 (47.41%) allocated to NII, 5,22,000 (47.41%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 57,000 (5.18%) |
| NII (HNI) Shares Offered | 5,22,000 (47.41%) |
| Retail Shares Offered | 5,22,000 (47.41%) |
| Total Shares Offered | 11,01,000 (100.00%) |
Captain Pipes IPO opens on November 26, 2014, and closes on December 1, 2014.
| IPO Open Date | Wed, Nov 26, 2014 |
| IPO Close Date | Mon, Dec 1, 2014 |
| Tentative Listing Date | Thu, Dec 11, 2014 |
| Cut-off time for UPI mandate confirmation | 5 PM on Mon, Dec 1, 2014 |
Investors can bid for a minimum of 3,000 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 | 3,000 | ₹1,20,000 |
| Retail (Max) | 1 | 3,000 | ₹1,20,000 |
| HNI (Min) | 2 | 6,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2010, Captain Pipes Ltd is in the business of manufactures a wide range of high tensile and high impact uPVC threaded Column Pipes, uPVC Plumbing Pipes, uPVC Pressure Pipes, uPVC Casing Pipes, uPVC Plumbing Fittings and uPVC Agri Fittings.
CPL is also a supplier of HDPE Pipes (being procured from Captain Polyplast Limited, the Promoter Company which manufactures the same on job work basis) and uPVC Column Pipes Fittings being procured from identified manufacturer as per specifications. It assembles the procured uPVC Column Pipes with accessories and supplies the assembled products to uPVC threaded Column Pipes customers. Companies products are widely used by agriculture and construction sector consumers. Its installed capacity is 17,700MT per annum.
| KPI | Values |
|---|---|
| RoNW | -2.57% |
The Company Captain Pipes IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | To Meet Working Capital Requirement | 2.66 |
| 2 | Repayment of Unsecured Loans | 0.87 |
| 3 | General Corporate Purpose | 0.62 |
| 4 | Public Issue Expenses | 0.26 |
[Dilip Davda] <p> </p> <p style="margin: 0in 0in 0pt; text-align: justify;"><strong><span style="font-family: Calibri; font-size: medium;">Considering the barriers on minimum investment and low preference by major broking community, only risks aver high net-worth individuals may park their surplus funds in this costly bet at their own discretion.</span></strong></p> Read detail review...
| Listing Date | December 11, 2014 |
| BSE Script Code | 538817 |
| NSE Symbol | |
| ISIN | INE513R01018 |
| Final Issue Price | ₹40 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹40.00 |
| Open | ₹41.90 |
| Low | ₹39.85 |
| High | ₹41.90 |
| Last Trade | ₹39.85 |
Captain Pipes Ltd.
Survey No. 257, Plot No. 23 to 28,
N.H. 8-B,
Shapar – Veraval,
Rajkot, Gujarat, 360002
Phone: +91- 2827-252410
Email: compliance@captainpipes.com
Website: http://www.captainpipes.com
Sharepro Services Pvt.Ltd.
Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website:
Captain Pipes IPO is a SME IPO of 11,01,000 equity shares of the face value of ₹10 aggregating up to ₹4.40 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.
The IPO opens on November 26, 2014, and closes on December 1, 2014.
Sharepro Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Captain Pipes IPO using UPI as a payment gateway. Zerodha customers can apply in Captain Pipes IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Captain Pipes IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Captain Pipes IPO opens on November 26, 2014 and closes on December 1, 2014.
Captain Pipes IPO lot size is 3000, and the minimum amount required for application is ₹1,20,000.
You can apply in Captain Pipes 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 Captain Pipes IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Captain Pipes IPO allotment status.
The Captain Pipes IPO listing date is on Thursday, December 11, 2014.
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