Fixed Price IPO | ₹31 Cr | Listed at BSE SME | Thu, Jan 18, 2018 - Mon, Jan 22, 2018
CRP Risk Management IPO is a fixed price issue of ₹30.82 crores. The issue is a combination of fresh issue of 0.40 crore shares aggregating to ₹24.00 crores and offer for sale of 0.11 crore shares aggregating to ₹6.82 crores.
CRP Risk Management IPO bidding started from Jan 18, 2018 and ended on Jan 22, 2018. The shares got listed on BSE SME on Jan 31, 2018.
CRP Risk Management IPO price is ₹60 per share. The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (2000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (4,000 shares), amounting to ₹2,40,000.
Inventure Merchant Banker Services Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Beeline Broking Ltd..
Refer to CRP Risk Management IPO RHP for detailed Information.
IPO Open
Thu, Jan 18, 2018
IPO Close
Mon, Jan 22, 2018
Issue Price
₹60 per share
Market Cap (Pre-IPO)
₹104.91 Cr
| IPO Date | 18 to 22 Jan, 2018 |
| Listed on | Wed, Jan 31, 2018 |
| Face Value | ₹10 per share |
| Issue Price | ₹60 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 51,36,000 shares (agg. up to ₹31 Cr) |
| Reserved for Market Maker | 2,68,000 shares Beeline Broking Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 37,32,000 shares (agg. up to ₹22 Cr) |
| Offer for Sale | 11,36,000 shares of ₹10 (agg. up to ₹7 Cr) |
| Net Offered to Public | 48,68,000 shares (agg. up to ₹29 Cr) |
| Share Holding Pre Issue | 1,34,84,900 shares |
| Share Holding Post Issue | 1,74,84,900 shares |
| BSE Script Code | 540903 |
| ISIN | INE422M01013 |
CRP Risk Management IPO comprises a total issue size of 51,36,000 shares. The net offer to the public is 48,68,000 shares, after excluding 2,68,000 shares allotted on a firm basis. Of the Net offer 24,34,000 (50.00%) allocated to NII 24,34,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 24,34,000 | 50.00% | 47.39% |
| Retail Shares Offered | 24,34,000 | 50.00% | 47.39% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,68,000 | 5.22% | |
| Total Shares Offered | 51,36,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,20,000 |
| Retail (Max) | 1 | 2,000 | ₹1,20,000 |
| HNI (Min) | 2 | 4,000 | ₹2,40,000 |
Incorporated in 2000, CRP Risk Management Limited is Mumbai-based risk management and risk mitigation enterprise. CRP Risk verifies critical information for large and mid-sized corporate. Company initially offered services related to Employee Background checks & Credit Verification agency and later becomes an integrated risk mitigation solutions company with professional management team and international best practices.
CRP Risk Management business portfolio is segmented in 3 verticals:
1. BFSI (Corporate) related verification i.e. Retail & Corporate loans, claims investigation
2. Retail KYP check for verity of services including domestic help, Drivers, Electrician etc.
3. Veterinary Division - Poultry feed enzymes, Animal & Fish Food and Other related products.
| 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 | Prepayment or repayment of a portion of loan facilities availed by the Company | 1.75 |
| 2 | Purchase of Computer Hardware and Office Equipment | 0.89 |
| 3 | Meeting Additional Working Capital Requirements | 10.27 |
| 4 | Additional Infrastructure at our Registered Office and Corporate Office at Mumbai | 2.23 |
| 5 | Marketing and Brand Building | 2.25 |
| 6 | General Corporate Purposes | 4.82 |
The CRP Risk Management IPO is subscribed 2.27 times on January 22, 2018 5:00:00 PM (Day 3). The public issue subscribed 3.87 times in the retail category, [.] times in the QIB category, and 0.67 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 0.67 | 24,34,000 | 16,28,000 |
| Retail | 3.87 | 24,34,000 | 94,24,000 |
| Total | 2.27 | 48,68,000 | 1,10,52,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Registrars etc. and other out of pocket expenses. | 1.90 |
| 2 | Advertising and marketing expenses | 0.30 |
| 3 | Printing and stationery expenses, distribution and postage | 0.05 |
| 4 | Regulatory and other expenses including Listing Fee | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹60.00 |
| Open | ₹48.00 |
| Low | ₹48.00 |
| High | ₹56.75 |
| Last Trade | ₹49.70 |
Lead Manager Reports
CRP Risk Management IPO is a SME IPO of 51,36,000 equity shares of the face value of ₹10 aggregating up to ₹31 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Jan 18, 2018, and closes on Mon, Jan 22, 2018.
Skyline Financial 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 CRP Risk Management IPO using UPI as a payment gateway. Zerodha customers can apply in CRP Risk Management IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in CRP Risk Management IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The CRP Risk Management IPO opens on Thu, Jan 18, 2018 and closes on Mon, Jan 22, 2018.
CRP Risk Management IPO lot size is 2000, and the minimum amount required for application is ₹1,20,000.
You can apply in CRP Risk Management 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 CRP Risk Management IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the CRP Risk Management IPO allotment status.
The CRP Risk Management IPO listing date is on Wed, Jan 31, 2018.
