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Godha Cabcon IPO is a book build issue of ₹9.91 crores. The issue is entirely a fresh issue of 0.30 crore shares of ₹9.91 crore.
Godha Cabcon IPO bidding started from Apr 27, 2018 and ended on May 3, 2018. The shares got listed on NSE SME on May 11, 2018.
Godha Cabcon IPO price band is set at ₹33.00 per share . The lot size for an application is 4,000. The minimum amount of investment required by an retail is ₹1,20,000 (4000 shares). The minimum lot size investment for HNI is 2 lots (8,000 shares), amounting to ₹2,64,000.
Mark Corporate Advisors Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Sparkle Securities Solutions Pvt.Ltd..
Refer to Godha Cabcon IPO RHP for detailed Information.
| IPO Date | April 27, 2018 to May 3, 2018 |
| Listing Date | May 11, 2018 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹30 to ₹33 per share |
| Issue Price Final | ₹33 per share |
| Lot Size | 4,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,04,000 shares (aggregating up to ₹9.91 Cr) |
| Reserved for Market Maker | 1,60,000 shares Sparkle Securities Solutions Pvt.Ltd. (aggregating up to ₹0.5280 Cr) |
| Net Offered to Public | 28,44,000 shares (aggregating up to ₹9.39 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 81,00,000 shares |
| Share Holding Post Issue | 1,11,00,000 shares |
Godha Cabcon Insulation IPO offers total 30,00,000 shares. Out of which 14,20,000 (47.33%) allocated to QIB, 4,26,000 (14.20%) allocated to NII, 9,94,000 (33.13%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,60,000 (5.33%) |
| QIB Shares Offered | 14,20,000 (47.33%) |
| NII (HNI) Shares Offered | 4,26,000 (14.20%) |
| Retail Shares Offered | 9,94,000 (33.13%) |
| Total Shares Offered | 30,00,000 (100.00%) |
Godha Cabcon IPO opens on April 27, 2018, and closes on May 3, 2018.
| IPO Open Date | Fri, Apr 27, 2018 |
| IPO Close Date | Thu, May 3, 2018 |
| Tentative Listing Date | Fri, May 11, 2018 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, May 3, 2018 |
Investors can bid for a minimum of 4,000 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 | 4,000 | ₹1,32,000 |
| Retail (Max) | 1 | 4,000 | ₹1,32,000 |
| HNI (Min) | 2 | 8,000 | ₹2,64,000 |
Incorporated in 2016, Madhya Pradesh based Godha Cabcon & Insulation Limited is engaged in the business of manufacturing of ACSR/AAAC/AAC Conductors.
The company's sales/supply activities are tender/order based. It was successful in getting various tenders and orders from State Electricity Board in a timely manner. Few of the heavy tenders were from:
1) Madhya Pradesh Madhya Kshetra Vidyut Vitaran Co. Ltd. (Bhopal) for Rs 21 Crore in the year 2015 for AAAC Conductor. Earlier it received an order for Rs 25 Crores and in 2016 further received an order for Rs 12.5 Crores (extension) due to before time delivery and better quality of products.
2) Madhya Pradesh Poorva Kshetra Vidyut Vitaran Co. Ltd. for Rs 12.5 Crore in the year 2017 for AAAC Rabbit Conductor.
3) Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co. Ltd (Indore) for Rs 35 Crore in the year 2015 for AAAC Rabbit conductor.
It has 16 permanent employees at its manufacturing facility.
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | ||||||
| Total Assets | 1.28 | |||||
| Total Revenue | 0.00 | |||||
| Profit After Tax | (0.30) | |||||
The Company Godha Cabcon 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 the Working Capital Requirements | 7.65 |
| 2 | To meet General Corporate Expenses | 1.23 |
[Dilip Davda] <p>Broken FY18 workings with higher profits are bit surprising as it leads to attractive P/E. Cash surplus risk savvy investors may consider moderate investment for long tern at their own risk.</p> Read detail review...
| Listing Date | May 11, 2018 |
| BSE Script Code | |
| NSE Symbol | GODHA |
| ISIN | INE925Y01010 |
| Final Issue Price | ₹33 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹33.00 |
| Open | ₹31.00 |
| Low | ₹31.00 |
| High | ₹31.00 |
| Last Trade | ₹31.00 |
Godha Cabcon & Insulation Ltd.
36-D, Sector B,
Sanwer Road,
Industrial Area
Indore, Madhya Pradesh, 452006
Phone: +91 731 4029 509
Email: compliance.godhacabcon@gmail.com
Website: http://www.godhacabcon.com
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://ipostatus.kfintech.com/
Godha Cabcon IPO is a SME IPO of 30,04,000 equity shares of the face value of ₹10 aggregating up to ₹9.91 Crores. The issue is priced at ₹33 per share. The minimum order quantity is 4000.
The IPO opens on April 27, 2018, and closes on May 3, 2018.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Godha Cabcon IPO using UPI as a payment gateway. Zerodha customers can apply in Godha Cabcon IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Godha Cabcon IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Godha Cabcon IPO opens on April 27, 2018 and closes on May 3, 2018.
Godha Cabcon IPO lot size is 4000, and the minimum amount required for application is ₹1,32,000.
You can apply in Godha Cabcon 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 Godha Cabcon IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Godha Cabcon IPO allotment status.
The Godha Cabcon IPO listing date is on Friday, May 11, 2018.
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