Captain Pipes IPO Details

Fixed Price IPO | ₹4 Cr | Listed at BSE SME | Wed, Nov 26, 2014 - Mon, Dec 1, 2014

Captain Pipes IPO Logo

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 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) (based on upper price). The minimum lot size for investment in 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 Open

Wed, Nov 26, 2014

IPO Close

Mon, Dec 1, 2014

Issue Price

₹40 per share

Market Cap (Pre-IPO)

₹16.63 Cr

IPO Details

IPO Date26 Nov to 1 Dec, 2014
Listed onThu, Dec 11, 2014
Face Value10 per share
Issue Price₹40 per share
Lot Size3,000 Shares
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size11,01,000 shares
(agg. up to ₹4 Cr)
Reserved for Market Maker
57,000 shares
(agg. up to ₹0.2280 Cr)
Hem Securities Ltd.
Fresh Issue
(Ex Market Maker)
10,44,000 shares
(agg. up to ₹4 Cr)
Net Offered to Public10,44,000 shares
(agg. up to ₹4 Cr)
Share Holding Pre Issue30,57,560 shares
Share Holding Post Issue41,58,560 shares
BSE Script Code 538817
ISININE513R01018

IPO Timetable

Issue Reservation

Captain Pipes IPO comprises a total issue size of 11,01,000 shares. The net offer to the public is 10,44,000 shares, after excluding 57,000 shares allotted on a firm basis. Of the Net offer 5,22,000 (50.00%) allocated to NII 5,22,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 5,22,00050.00%47.41%
Retail Shares Offered 5,22,00050.00%47.41%
Firm Reservations
Market Maker Shares Offered 57,0005.18%
Total Shares Offered 11,01,000100.00%100.00%

IPO Lot Size

Investors can bid for a minimum of 3,000 shares and in multiples thereof. 

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
IPO Subscription Details

About Captain Pipes Ltd.

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.

Company Financials ()

Period Ended
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
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

Key Performance Indicator (KPI)

KPI
RoNW-2.57%
Pre IPOPost IPO
Promoter Holding100%73.52%
Market Cap16.63 Cr.
The promoters of the company are:1. Mr. Ramesh D. Khichadia
2. Mr. Gopal D. Khichadia

IPO Review

[Dilip Davda]
  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.
Read detail review...

Captain Pipes IPO Recommendations

Review BySubscribeMay ApplyNeutralAvoid
Brokers0001
Members0000

Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

IPO Expenses

# Issue Expenses Est Amt (₹ Cr.)
1 Payment to Merchant Banker including, Underwriting and Selling commissions, Brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other Out of Pocket Expenses 0.19
2 Printing and Stationery and Postage Expenses 0.02
3 Advertising and Marketing Expenses 0.02
4 Regulatory Fee and Expenses 0.03

Listing Day Trading Information

Price DetailsBSE SME
Final Issue Price40.00
Open41.90
Low39.85
High41.90
Last Trade39.85

Check IPO Performance…

IPO Registrar

Sharepro Services Pvt.Ltd.

Contact Details

Captain Pipes Ltd. Address
Survey No. 257, Plot No. 23 to 28,
N.H. 8-B,
Shapar – Veraval,
Rajkot, Gujarat, 360002
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IPO FAQs

Captain Pipes IPO is a SME IPO of 11,01,000 equity shares of the face value of ₹10 aggregating up to ₹4 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000.

The IPO opens on Wed, Nov 26, 2014, and closes on Mon, Dec 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

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Captain Pipes IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Captain Pipes IPO opens on Wed, Nov 26, 2014 and closes on Mon, Dec 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 Thu, Dec 11, 2014.

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