Bookbuilding IPO | ₹12 Cr | Listed at NSE SME | Thu, Mar 10, 2022 - Tue, Mar 15, 2022
Cool Caps Industries IPO is a book build issue of ₹11.63 crores. The issue is entirely a fresh issue of 0.31 crore shares of ₹11.63 crore.
Cool Caps Industries IPO bidding started from Mar 10, 2022 and ended on Mar 15, 2022. The allotment for Cool Caps Industries IPO was finalized on Mar 21, 2022. The shares got listed on NSE SME on Mar 24, 2022.
Cool Caps Industries IPO price band is set at ₹38 per share. The lot size for an application is 3,000. The minimum amount of investment required by an retail is ₹1,14,000 (3000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (6,000 shares), amounting to ₹2,28,000.
Holani Consultants Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Holani Consultants Pvt.Ltd..
Refer to Cool Caps Industries IPO RHP for detailed Information.
IPO Open
Thu, Mar 10, 2022
IPO Close
Tue, Mar 15, 2022
Issue Price
₹38 per share
Market Cap (Pre-IPO)
₹43.93 Cr
| IPO Date | 10 to 15 Mar, 2022 |
| Listed on | Thu, Mar 24, 2022 |
| Face Value | ₹10 per share |
| Price Band | ₹36 to ₹38 |
| Issue Price | ₹38 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 30,60,000 shares (agg. up to ₹12 Cr) |
| Reserved for Market Maker | 1,56,000 shares Holani Consultants Pvt.Ltd. (agg. up to ₹0.5928 Cr) |
| Fresh Issue (Ex Market Maker) | 29,04,000 shares (agg. up to ₹11 Cr) |
| Net Offered to Public | 29,04,000 shares (agg. up to ₹11 Cr) |
| Share Holding Pre Issue | 85,00,000 shares |
| Share Holding Post Issue | 1,15,60,000 shares |
| NSE Symbol | COOLCAPS |
| ISIN | INE0HS001010 |
Cool Caps Industries IPO comprises a total issue size of 30,60,000 shares. The net offer to the public is 29,04,000 shares, after excluding 1,56,000 shares allotted on a firm basis. Of the Net offer 14,52,000 (50.00%) allocated to NII 14,52,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 14,52,000 | 50.00% | 47.45% |
| Retail Shares Offered | 14,52,000 | 50.00% | 47.45% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,56,000 | 5.10% | |
| Total Shares Offered | 30,60,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,14,000 |
| Retail (Max) | 1 | 3,000 | ₹1,14,000 |
| HNI (Min) | 2 | 6,000 | ₹2,28,000 |
Cool Caps Industries is engaged in the business of manufacturing a range of plastic bottle caps and closures such as plastic soda bottle caps, plastic soft drink bottle caps, plastic mineral water bottle caps, and plastic juice bottle caps. It further manufactures embossed, debossed, and printed closures as per customers' specifications. The firm also manufactures face masks i.e., Mask on Plus N95 FFP 2 Mask, Mask on N95 FFP2 Mask, and N95 FFP2 Mask. The firm also engages in the trading of plastic granules such as Polypropylene Granule, High-Density Polyethylene (HDPE) Granules, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) Granules, etc.
Competitive strengths
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working Capital Requirement of the Company | 7.94 |
| 2 | General corporate purposes | 2.30 |
| KPI | |
|---|---|
| RoNW | 17.9% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 3.43 | |
| P/E (x) | 16.38 | |
| Promoter Holding | 100% | |
| Market Cap | ₹43.93 Cr. |
The Cool Caps IPO is subscribed 7.91 times on March 15, 2022 5:00:00 PM (Day 4). The public issue subscribed 11.25 times in the retail category, [.] times in the QIB category, and 4.57 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 4.57 | 14,52,000 | 66,36,000 |
| Retail | 11.25 | 14,52,000 | 1,63,29,000 |
| Total | 7.91 | 29,04,000 | 2,29,65,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to the Book Running Lead Manager (including Underwriting commission) | 0.91 |
| 2 | Brokerage, selling commission and upload fees | 0.02 |
| 3 | Advertising and marketing expenses | 0.17 |
| 4 | Fees payable to the Legal Advisors | 0.02 |
| 5 | Fees payable to the Registrar to the Issue | 0.02 |
| 6 | Fees payable to the Regulators including stock exchanges | 0.08 |
| 7 | Brokerage and selling commission payable to Syndicate | 0.03 |
| 8 | Processing fees to SCSBs for ASBA Applications procured by members of the Syndicate or Registered Brokers and submitted with the SCSBs | 0.01 |
| 9 | Printing and distribution of Issue stationary | 0.02 |
| 10 | Others (bankers to the Issue, auditor’s fees etc.) | 0.11 |
| Total | 1.39 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹38.00 |
| Open | ₹35.90 |
| Low | ₹34.15 |
| High | ₹37.65 |
| Last Trade | ₹37.65 |
Lead Manager Reports
Cool Caps Industries IPO is a SME IPO of 30,60,000 equity shares of the face value of ₹10 aggregating up to ₹12 Crores. The issue is priced at ₹38 per share. The minimum order quantity is 3000.
The IPO opens on Thu, Mar 10, 2022, and closes on Tue, Mar 15, 2022.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Cool Caps Industries IPO using UPI as a payment gateway. Zerodha customers can apply in Cool Caps Industries IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Cool Caps Industries IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Cool Caps Industries IPO opens on Thu, Mar 10, 2022 and closes on Tue, Mar 15, 2022.
Cool Caps Industries IPO lot size is 3000, and the minimum amount required for application is ₹1,14,000.
You can apply in Cool Caps Industries 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 Cool Caps Industries IPO will be done on Monday, March 21, 2022, and the allotted shares will be credited to your demat account by Wed, Mar 23, 2022. Check the Cool Caps Industries IPO allotment status.
The Cool Caps Industries IPO listing date is on Thu, Mar 24, 2022.
