IPO Issue Details
Issue Price / Price Band₹40 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size14,25,000 shares (aggregating up to ₹5.70 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 20 Jul 2017
Subscription CloseMon, 24 Jul 2017
Anchor AllotmentWed, 19 Jul 2017
Basis of AllotmentSun, 30 Jul 2017
Initiation of RefundsMon, 31 Jul 2017
Credit of Shares to DematMon, 31 Jul 2017
Listing DateTue, 01 Aug 2017
UPI Mandate Deadline2017-07-24
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 3,000 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 6,000 shares
Net Offer to Public13,50,000 shares (aggregating up to ₹5.40 Cr)
Reserved for Market Maker75,000 shares (aggregating up to ₹0.3000 Cr)
Pre-IPO Promoter Holding42,80,025 shares
Post-IPO Promoter Holding51,05,025 shares
Fresh Issue Shares7,50,000 shares (aggregating up to ₹3.00 Cr)
Offer for Sale Shares6,00,000 shares of ₹10 (aggregating up to ₹2.40 Cr)
About Captain Technocast Ltd
Incorporated in 2010, Captain Technocast Ltd is engaged in the business of manufacturering, export and supply of metal castings with high tensile, high-volume, complex thin wall investment castings and fully finished casting based sub-assemblies and components. CTL has variety of castings which includes Automotives Casting, Defense Casting, Industrial Valves Casting, Turbine Blades Casting, Industrial Process Pumps Casting, Power Plant Boiler Parts Casting, Aerospace Casting, Earth Moving Machinery Casting, Engineering & Automation Casting, Fire Fighting Equipments Casting, Structural Hardwares Casting and Marine Applications Casting.This is the third group company going public with SME IPO. Earlier other two group companies Captain Polyplast Ltd [Nov 2013 offered at Rs. 30 - listed at Rs. 33-last trade Rs. 171 (17.07.17)] and Captain Pipes Ltd [Nov 2014 offered at Rs. 40 - opened at Rs. 41.90 – last trade at Rs. 97 (17.07.17)] went public with SME IPOs.Competitive Strengths1. Diverse Product Range covering different Industry verticals2. Strong Engineering, Product Development and Technological Capabilities3. Experienced and qualified team4. Quality assurance5. Cost effective production and timely fulfillment of orders
Objects of the Issue
Captain Technocast Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To Meet Working Capital Requirement
2.98
2
General Corporate Expenses
0.16
Shareholding & Lock-in
Pre-IPO Promoter Holding
42,80,025 shares
Post-IPO Promoter Holding
51,05,025 shares