Commercial Engineers & Body Builders Company Ltd IPO

Closed

Subscription Details

  • Open Date 30 Sep
  • Close Date 05 Oct
  • Lot Size 55
  • IPO Size ₹ 172.41 Cr
  • IPO Price Range ₹ 127
  • Min Investment ₹ 6985

Commercial Engineers & Body Builders Company Ltd IPO Timeline

Open Date
30 Sep
Close Date
05 Oct
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 13,575,831 equity shares of face value of Rs. 10 each (Equity Shares) consisting of a fresh issue of 12,047,244 equity shares by Commercial Engineers & Body Builders Co Limited (The Company or Issuer) at a price of Rs. 127 per equity share for cash aggregating to Rs. 153.00 crores (Fresh Issue) and an Offer for Sale of 1,528,587 equity shares by New York Life Investment Management India Fund (FVCI) II LLC and Commercial Automobiles Private Limited (The Selling Shareholders) at a price of Rs. 127 per equity share for cash aggregating to Rs. 19.41 crores (Offer for Sale). The Fresh Issue and Offer for Sale are hereinafter referred to collectively as the Issue. The issue will constitute 24.71% of the fully diluted post issue paid-up capital of the company, being less than 25% of the post issue capital. The face value of the equity shares is Rs. 10 each. The issue price: Rs. 127 per equity share. The issue price is 12.7 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Commercial Engineers & Body Builders Company Ltd IPO

Contact Information

Address

48 Vandana Vihar Narmada Road,
Gorakhpur,
Jabalpur, Madhya Pradesh 482001

Commercial Engineers & Body Builders Company Ltd IPO Lead Manager

Edelweiss Capital LtdICICI Securities Ltd
Open Demat Account