IPO Issue Details
Issue Price / Price Band₹185 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size6,00,000 shares (aggregating up to ₹11.10 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 29 Aug 2023
Subscription CloseThu, 31 Aug 2023
Anchor AllotmentMon, 28 Aug 2023
Basis of AllotmentTue, 05 Sep 2023
Initiation of RefundsWed, 06 Sep 2023
Credit of Shares to DematThu, 07 Sep 2023
Listing DateThu, 07 Sep 2023
UPI Mandate Deadline2023-08-31
Application & Investment Details
Retail — Min (1 Lots)₹1,11,000 — 600 shares
Retail — Max (13 Lots)₹1,443,000 (13 Lots)
HNI — Min (2 Lots)₹2,22,000 — 1,200 shares
EPS (Pre-IPO)₹16.41
P/E Ratio (Pre-IPO)11.28x
P/E Ratio (Post-IPO)15.78x
Net Offer to Public5,68,800 shares (aggregating up to ₹10.52 Cr)
Reserved for Market Maker31,200 shares (aggregating up to ₹0.5772 Cr)
Pre-IPO Promoter Holding15,00,000 shares
Post-IPO Promoter Holding21,00,000 shares
About C P S Shapers Ltd
Incorporated in 2012, C P S Shapers Limited is engaged in the business of manufacturing Shapewear for Men and Women.The company manufactures and sells Shapewear for Men and Women through its brands -Dermawear with the motto Shape up with Confidence and YDIS (Your Dress Is Shapewear), through both, online and offline channels.C P S Shapers' product portfolio includes Saree Shapewear, Mini Shaper, Sports Bra, All Mini corsets, Tummy Reducer, All Zenrik, Slimmer, Active Pants, Denim, Mask, and other shapewear. It has a PAN India presence with a distributor network in 28 states and 8 Union territories for its domestic market. It also exports to 5 countries namely Canada, Germany, Australia, United Kingdom, United States of America.The company's manufacturing unit is located in Meerut, Uttar Pradesh, and its warehousing facilities are in Palghar, Maharashtra, and Tiruppur, Tamil Nadu.
Objects of the Issue
C P S Shapers Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Purchase of Plant and Machinery at our existing manufacturing facility
1.79
2
Purchase of Commercial Vehicle
0.10
3
Funding of capital expenditure requirements of our Company towards purchase of Solar Power System
0.21
4
Upgradation of existing IT Software at our existing manufacturing facility and registered office
0.18
5
Repayment or prepayment, in full or in part, of borrowings availed by the Company from banks and financial institutions
1.67
6
Funding Working Capital Requirements of the Company
4.06
7
General corporate purposes#
1.82
Shareholding & Lock-in
Pre-IPO Promoter Holding
15,00,000 shares
Post-IPO Promoter Holding
21,00,000 shares