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Cosmic CRF Ltd

Cosmic CRF Ltd

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹314
₹314
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹314
Based on GMP
Min. Investment
₹125,600
1 lot × 400 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
14 Jun 2023
Close Date
21 Jun 2023
Allotment
26 Jun 2023
Listing Date
30 Jun 2023
Exchange
BSE SME
Price Band
₹314
Listing Price
See chart
Allotment Status
Price Band
₹314
Per share
Face Value
₹10 per share
 
Lot Size
400 Shares
per lot
Issue Size
18,22,000 shares (aggregating up to ₹57.21 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹125,600
1 lot
Pre-IPO Holding
51,00,000 shares
Promoters
Post-IPO Holding
69,22,000 shares
Promoters
P/E (Pre)
35.64x
 
EPS (Pre)
₹13.50
 
UPI Deadline
2023-06-21
Mandate
Anchor AllotmentTue, 13 Jun 2023
Basis of AllotmentMon, 26 Jun 2023
Refund InitiationTue, 27 Jun 2023
Demat CreditThu, 29 Jun 2023
Listing DayFri, 30 Jun 2023
UPI Mandate Deadline2023-06-21
Sale TypeFresh Capital
Net Offer to Public17,30,800 shares (aggregating up to ₹54.35 Cr)
Market Maker Quota91,200 shares (aggregating up to ₹2.86 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Cosmic CRF Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Jun 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
91,200
₹2.86
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
1,822,000
100% ₹57.21
IPO Shares Offered
Cosmic CRF Ltd IPO total issue size: ₹57.21 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 91,200 ₹2.86
5.01%
Total 1,822,000 ₹57.21
100.00%
* Based on upper price band ₹314 per share
Lot Size & Investment
Lot Size
400
Shares per Lot
Issue Price
₹314.00
Upper Band
Min Investment
₹125,600
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2800₹251,200
Retail (Max — 13 Lots)135,200₹1,632,800
S-HNI (Min — 14 Lots)145,600₹1,758,400
B-HNI (Min — 68 Lots)6827,200₹8,540,800
* Issue Price ₹314 × Lot Size 400 shares
IPO Schedule
Anchor
13 Jun 2023
✓ Done
IPO Open
14 Jun 2023
✓ Done
IPO Close
21 Jun 2023
✓ Done
Allotment
26 Jun 2023
✓ Done
Refunds
27 Jun 2023
✓ Done
Demat Credit
29 Jun 2023
✓ Done
Listing Day
30 Jun 2023
✓ Done
Cosmic CRF Ltd — Live Price LIVE
₹314.00
INR · BSE
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Issue ₹314.00 Live Price
About Cosmic CRF Ltd
Incorporated in 2021, Cosmic CRF Limited supplies cold-rolled stainless sections to manufacturing companies.The company's client list includes Titagarh Wagons Limited, Hindusthan Engineering & Industries Limited, Melbrow Engineering Works Private Limited, Jindal Rail Infrastructure Limited, Allied Construction Engineers & Fabricators, etc. Cosmic CRF also supplies cold rolled stainless sections to direct orders of the railways through tender procurement.Under the Business Transfer Agreement dated January 19, 2022, the company acquired the CRF unit of Cosmic Ferro Alloys Limited. The purchase included a manufacturing unit in West Bengal spread over an area of approximately 3.82 acres together with plant, machinery, assets, and liabilities. The unit manufactures a range of cold-rolled stainless sections, such as fabricated items for railway, coach & wagons, cold-rolled formed items for wagons and coaches, cold-rolled formed items for infra companies and EPC projects, and products for roadways and national highways.As of March 31, 2023, the total order book value of the company is ₹ 53,640.82 lakhs, out of which orders amounting to ₹ 13,566.33 lakhs have been executed and orders amounting to ₹ 40,074.48 lakhs are ongoing. Further, as of March 31, 2023, the company has completed 25 orders for the supply of cold rolled stainless sections and 23 orders are ongoing.
Objects of the Issue
1
Funding the expansion of our existing manufacturing unit;
2
Funding of working capital requirements of the Company;
3
Prepayment or repayment of all or a portion of certain unsecured loans availed by our Company; and
4
General Corporate Purposes.
Cosmic CRF Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
N/A
FY 2022-23
N/A
31-Mar-22
₹12,149.3
31-Mar-23
Profit After Tax (PAT)
N/A
FY 2022-23
-₹11.8
31-Mar-22
₹641.2
31-Mar-23
Particulars31-Mar-2331-Mar-22FY 2022-23
Revenue from Operations 12149.31 N/A N/A
EBITDA N/A N/A N/A
Profit After Tax (PAT) 641.20 -11.80 N/A
Net Worth 1629.40 873.10 N/A
Total Assets 6875.24 1605.02 N/A
Reserves & Surplus 629.40 -11.80 N/A
Borrowings 3151.33 671.72 N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoNW
39.35
Issue Structure & Shareholding
Total Shares Offered18,22,000 (100.00%)
Net Offer to Public17,30,800 shares (aggregating up to ₹54.35 Cr)
Reserved for Market Maker91,200 shares (aggregating up to ₹2.86 Cr)
Pre-Issue Promoter Holding51,00,000 shares
Post-Issue Promoter Holding69,22,000 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Horizon Management Pvt.Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Cosmic CRF Ltd IPO subscribed?

Cosmic CRF Ltd IPO is subscribed 1.00 times by Jun 21, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Cosmic CRF Ltd IPO retail subscription status?

The Cosmic CRF Ltd IPO retail category is subscribed 1.00 times as of 21 Jun 2023. The retail portion is oversubscribed.

How to subscribe Cosmic CRF Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 14 Jun 2023 and closes 21 Jun 2023. Min investment: ₹125,600 (1 lot = 400 shares). UPI mandate: 2023-06-21.

How many times Cosmic CRF Ltd IPO subscribed?

The Cosmic CRF Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Cosmic CRF Ltd IPO allotment?

Check allotment on the registrar website (MAS Services Ltd.) at https://www.masserv.com/opt.asp. Enter your PAN, application number or DP/Client ID. Allotment date: 26 Jun 2023. Refunds: on 27 Jun 2023.

When Cosmic CRF Ltd IPO will be listed?

The Cosmic CRF Ltd IPO listing date is 30 Jun 2023, Friday. Listed on: BSE SME. Issue price: ₹314. Estimated listing: ₹314. GMP: NIL.

When Cosmic CRF Ltd IPO close?

The Cosmic CRF Ltd IPO closes on 21 Jun 2023, Wednesday. UPI mandate: 2023-06-21. Allotment: 26 Jun 2023. Listing: 30 Jun 2023.