Cospower Engineering Ltd IPO

Closed

IPO Details

  • Open Date 17-Mar-20
  • Close Date 19-Mar-20
  • Lot Size 2000
  • IPO Size ₹ 2.04 Cr
  • IPO Price Range ₹ 51
  • Min Investment ₹ 102000
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Public Issue upto 4,00,000 equity shares of face value of Rs.10 each of Cospower Engineering Limited (the company or the issuer) for cash at a price of Rs. 51 per equity share including a share premium of Rs. 41 per equity share (the issue price) aggregating to Rs. 2.04 Crores (the issue), of which upto 24,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 51 per equity share including a share premium of Rs. 41 per equity share aggregating to Rs. 0.12 Crores will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. net issue upto 3,76,000 equity shares of face value of Rs. 10 each at a price of Rs. 51 per equity share aggregating to Rs. 1.92 Crores is herein after referred to as the net issue. The issue and the net issue will constitute 26.67% and 25.07% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs.10 and the offer price is 51 and is 5.1 times of the face value. Minimum Application Size of 2000 equity shares and in multiples of 2000 equity shares thereafter.

How to apply for 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 Cospower Engineering Ltd IPO

Contact Information

Flat No 203 2nd Floor SV Road,
Kesarinath Apats Opp VijaySale,
Mumbai, Maharashtra 400062

Cospower Engineering Ltd IPO Lead Manager

Shreni Shares Pvt Ltd

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