29 Aug 2023
31 Aug 2023
₹185 per share
05 Sept 2023
08 Sept 2023
C P S Shapers Limited was founded in 2012 and is in the business of making shapewear for both men and women. Through its brands Dermawear, with the tagline Shape up with Confidence, and YDIS (Your Dress Is Shapewear), the company produces and sells shapewear for men and women through both online and offline channels.
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.
The book-running lead managers to the offer are: Shreni Shares Private Ltd