IPO Issue Details
Issue Price / Price Band₹33 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size4,000 Shares per Lot
Total Issue Size30,04,000 shares (aggregating up to ₹9.91 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 27 Apr 2018
Subscription CloseThu, 03 May 2018
Anchor AllotmentThu, 26 Apr 2018
Basis of AllotmentWed, 09 May 2018
Initiation of RefundsThu, 10 May 2018
Credit of Shares to DematThu, 10 May 2018
Listing DateFri, 11 May 2018
UPI Mandate Deadline2018-05-03
Application & Investment Details
Retail — Min (1 Lots)₹1,32,000 — 4,000 shares
Retail — Max (13 Lots)₹1,716,000 (13 Lots)
HNI — Min (2 Lots)₹2,64,000 — 8,000 shares
Net Offer to Public28,44,000 shares (aggregating up to ₹9.39 Cr)
Reserved for Market Maker1,60,000 shares (aggregating up to ₹0.5280 Cr)
Pre-IPO Promoter Holding81,00,000 shares
Post-IPO Promoter Holding1,11,00,000 shares
About Godha Cabcon & Insulation Ltd.
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.
Objects of the Issue
Godha Cabcon & Insulation Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To meet the Working Capital Requirements
7.65
2
2 To meet General Corporate Expenses
1.23
Shareholding & Lock-in
Pre-IPO Promoter Holding
81,00,000 shares
Post-IPO Promoter Holding
1,11,00,000 shares