Issue Price
₹51
Per Share
GMP
NIL
Grey Market
Est. Listing
₹51
Expected Price
Min. Application
₹204,000
2 lots × 2000 shares
Incorporated in 2010, Cospower Engineering Limited is engaged in the manufacturing of electrical panels, equipment mounting structure, harmonic filters, and substation. It is also involved in offering turnkey services such as commissioning, installation, comprehensive maintenance, supply, and testing of electric products. The company also purchases a few products from other companies.Cospower Engineering has a trained team to deal with various turnkey services for safe & proper functioning of electrical distribution equipment. The company manufactures and supplies the products on a contract basis as per customer requirements.The manufacturing unit of the company is located at Vasai, Maharashtra. The facility is well-equipped with the required machinery and equipment.Competitive Strengths1. ISO certified organization2. Wide product range3. In-house manufacturing unit
Cospower Engineering Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 24,000 | — | ₹0.12 Cr | — |
| TOTAL | 400,000 | 100.00% | ₹2.04 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹102,000 |
| Retail (Max) | 13 | 26,000 | ₹1,326,000 |
| sNII (Min) | 14 | 28,000 | ₹1,428,000 |
| bNII (Min) | 68 | 136,000 | ₹6,936,000 |
| Particulars | 31-Dec-19 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Revenue from Operations | 748.88 | 1303.26 | 860.75 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 24.86 | 51.73 | 19.24 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 955.69 | 955.69 | 957.75 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |