IPO Issue Details
Issue Price / Price Band₹38 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size30,60,000 shares (aggregating up to ₹11.63 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 10 Mar 2022
Subscription CloseTue, 15 Mar 2022
Anchor AllotmentWed, 09 Mar 2022
Basis of AllotmentMon, 21 Mar 2022
Initiation of RefundsTue, 22 Mar 2022
Credit of Shares to DematWed, 23 Mar 2022
Listing DateThu, 24 Mar 2022
UPI Mandate Deadline2022-03-15
Application & Investment Details
Retail — Min (1 Lots)₹1,14,000 — 3000 shares
Retail — Max (13 Lots)₹1,482,000 (13 Lots)
HNI — Min (2 Lots)₹2,28,000 — 6,000 shares
P/E Ratio (Pre-IPO)16.38x
Net Offer to Public29,04,000 shares (aggregating up to ₹11.04 Cr)
Reserved for Market Maker1,56,000 shares (aggregating up to ₹0.5928 Cr)
Pre-IPO Promoter Holding85,00,000 shares
Post-IPO Promoter Holding1,15,60,000 shares
About Cool Caps Industries Ltd.
Cool Caps Industries is engaged in the business of manufacturing a range of plastic bottle caps and closures such as plastic soda bottle caps, plastic soft drink bottle caps, plastic mineral water bottle caps, and plastic juice bottle caps. It further manufactures embossed, debossed, and printed closures as per customers' specifications. The firm also manufactures face masks i.e., Mask on Plus N95 FFP 2 Mask, Mask on N95 FFP2 Mask, and N95 FFP2 Mask. The firm also engages in the trading of plastic granules such as Polypropylene Granule, High-Density Polyethylene (HDPE) Granules, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) Granules, etc.Competitive strengthsThe well-established manufacturing facility at Howrah, West Bengal, and Kotdwar, Uttarakhand.Highly experienced management and workforce.Cost leadership in procurement leads to cost-effective manufacturing.A strong relationship with customers.
Objects of the Issue
Cool Caps Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding the working Capital Requirement of the Company
7.94
2
2 General corporate purposes
2.30
Shareholding & Lock-in
Pre-IPO Promoter Holding
85,00,000 shares
Post-IPO Promoter Holding
1,15,60,000 shares