C P S Shapers Limited IPO Detail
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.
Company Promoters
The Promoters of the company are Mr. Abhishek Kamal Kumar and Mr. Rajendra Kumar.IPO Details
| IPO Opening Date | Aug 29, 2023 |
| IPO Closing Date | Aug 31, 2023 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹185 per equity share |
| Market Lot | 600 Shares |
| Min Order Quantity | 600 Shares |
| Listing At | NSE SME |
| Issue Size | ₹11.10 Cr |
| Fresh Issue | 600,000 shares (aggregating up to ₹11.10 Cr) |
| Offer for Sale | - |
| Retail Portion | 50.00% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 4.95x | 28.31x | 16.64x | |
| Day 2 | - | - | 30.31x | 96.18x | 65.30x | |
| Day 3 | - | - | 198.17x | 301.03x | 253.97x |
IPO Tentative Timetable
The C P S Shapers Limited IPO open date is Aug 29, 2023, and the close date is Aug 31, 2023. The issue may list on Sep 08, 2023.
| IPO Open Date | Aug 29, 2023 |
| IPO Close Date | Aug 31, 2023 |
| Basis of Allotment Date | Sep 05, 2023 |
| Initiation of Refunds | Sep 06, 2023 |
| Credit of Shares to Demat Account | Sep 07, 2023 |
| IPO Listing Date | Sep 08, 2023 |
IPO Lot Size
The C P S Shapers Limited IPO market lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹111000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 600 | ₹111000 |
| Maximum | 1 | 600 | ₹111000 |
IPO Promoter Holding
| Pre Issue Share Holding | 99.80% |
| Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-22 | 1275.48 | 2668.84 | 157.06 |
| 31-Mar-23 | 1751.20 | 3696.16 | 246.09 |
Objects of the Issue:
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Purchase of Plant and Machinery at existing Manufacturing facility.
- Purchase of Commercial Vehicle.
- Funding of capital expenditure requirements of the company towards the purchase of Solar Power Systems.
- Upgradation of existing IT Software at our existing manufacturing facility and registered office.
- Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions.
- Funding Working Capital Requirements of the company.
- General corporate purposes.
C P S Shapers Limited IPO Registrar:
Bigshare Services Pvt Ltd
C P S Shapers Limited IPO Lead Manager(s):
Shreni Shares Private Limited
Company Contact Information:
C P S Shapers Limited
201-204, 2nd Floor, Swamini Industrial Estate No 3 Opp. Varun Industries, Nanal Nagar, Waliv
Vasai East
Palghar
