Bookbuilding IPO | ₹14 Cr | Listed at NSE SME | Wed, Mar 29, 2017 - Mon, Apr 3, 2017
Creative Peripherals IPO is a book build issue of ₹13.50 crores. The issue is entirely a fresh issue of 0.18 crore shares of ₹13.50 crore.
Creative Peripherals IPO bidding started from Mar 29, 2017 and ended on Apr 3, 2017. The shares got listed on NSE SME on Apr 12, 2017.
Creative Peripherals IPO price band is set at ₹75 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,20,000 (1600 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (3,200 shares), amounting to ₹2,40,000.
Pantomath Capital Advisors Pvt.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 Pantomath Stock Brokers Pvt.Ltd..
Refer to Creative Peripherals IPO RHP for detailed Information.
IPO Open
Wed, Mar 29, 2017
IPO Close
Mon, Apr 3, 2017
Issue Price
₹75 per share
Market Cap (Pre-IPO)
₹43.50 Cr
| IPO Date | 29 Mar to 3 Apr, 2017 |
| Listed on | Wed, Apr 12, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹75 |
| Issue Price | ₹75 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 18,00,000 shares (agg. up to ₹14 Cr) |
| Reserved for Market Maker | 94,400 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹0.7080 Cr) |
| Fresh Issue (Ex Market Maker) | 17,05,600 shares (agg. up to ₹13 Cr) |
| Net Offered to Public | 17,05,600 shares (agg. up to ₹13 Cr) |
| Share Holding Pre Issue | 40,00,000 shares |
| Share Holding Post Issue | 58,00,000 shares |
| NSE Symbol | CREATIVE |
| ISIN | INE985W01018 |
Creative Peripherals IPO comprises a total issue size of 18,00,000 shares. The net offer to the public is 17,05,600 shares, after excluding 94,400 shares allotted on a firm basis. Of the Net offer 8,52,800 (50.00%) allocated to NII 8,52,800 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 8,52,800 | 50.00% | 47.38% |
| Retail Shares Offered | 8,52,800 | 50.00% | 47.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 94,400 | 5.24% | |
| Total Shares Offered | 18,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,20,000 |
| Retail (Max) | 1 | 1,600 | ₹1,20,000 |
| HNI (Min) | 2 | 3,200 | ₹2,40,000 |
Incorporated in 1992, Creative Peripherals and Distribution Ltd distributes consumer electronics to retailers and resellers in India. The company distributes IT, imaging, lifestyle, and telecom products.
They are engaged in providing distribution services of both volume business and value business products. It has partnered with a number of renowned brands for distribution in the country such as Rapoo Technologies Ltd, Lino Manfrotto + Co S.p.a, Transcend Information Inc, ViewSonic International Corporation, Olympus Corporation, Belkin Inc, Zioncom (Hong Kong) Technology Ltd, Apple India Private Ltd, Sennheiser Electronics India Private Ltd, Gopro Cooperatief U.A, TPV Technology India Private Ltd, Printronix, SIEPL India Electronics Private Ltd, Vintron Infronatics Ltd and Samsung India Electronics Private Ltd.
CPDL is a broad based distribution model which is based on multiple products and multiple brand strategy. The focus is to capture a considerable market share in each of the product categories that will help in its offerings to channel partners and also spread its market risks arising out of fluctuations in the market share of various brands besides helping it to achieve economies of scale.
| 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 | Working Capital Requirement | 12.50 |
| 2 | General corporate purposes | 0.25 |
The Creative Peripherals IPO is subscribed 1.71 times on April 3, 2017 5:00:00 PM (Day 4). The public issue subscribed 1.11 times in the retail category, [.] times in the QIB category, and 2.31 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.31 | 8,52,800 | 19,66,400 |
| Retail | 1.11 | 8,52,800 | 9,44,000 |
| Total | 1.71 | 17,05,600 | 29,10,400 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Bankers etc. | 0.30 |
| 2 | Regulatory fees | 0.02 |
| 3 | Marketing and Other Expenses | 0.44 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹75.00 |
| Open | ₹75.75 |
| Low | ₹75.75 |
| High | ₹83.75 |
| Last Trade | ₹83.25 |
Lead Manager Reports
Creative Peripherals IPO is a SME IPO of 18,00,000 equity shares of the face value of ₹10 aggregating up to ₹14 Crores. The issue is priced at ₹75 per share. The minimum order quantity is 1600.
The IPO opens on Wed, Mar 29, 2017, and closes on Mon, Apr 3, 2017.
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 Creative Peripherals IPO using UPI as a payment gateway. Zerodha customers can apply in Creative Peripherals IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Creative Peripherals IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Creative Peripherals IPO opens on Wed, Mar 29, 2017 and closes on Mon, Apr 3, 2017.
Creative Peripherals IPO lot size is 1600, and the minimum amount required for application is ₹1,20,000.
You can apply in Creative Peripherals 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 Creative Peripherals IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Creative Peripherals IPO allotment status.
The Creative Peripherals IPO listing date is on Wed, Apr 12, 2017.
