banner

A new way of investing

MARKETS

IPO Synopsis

Cospower Engineering Ltd

Registered Office: Flat No 203 2nd Floor SV Road,Kesarinath Apats Opp VijaySale , Mumbai - 400062 , Maharashtra , India.
Phone : 91-22-40129990   Fax:N/A
Email :  accounts@cospowerindia.com  
Website :  www.cospowerindia.com
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.

Issue Money Payable On
Opens On Closes On Application Allotment
17-Mar-20 19-Mar-20 (Rs)51.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :2000  Further Multiples of :2000

  (Rs Cr) Lead Managers to the Issue
Project Cost 2.04
Project Financed through Current Offer 2.04  
Post Issue Equity Share Capital 1.50  
Issue Price 51.00  

Projects


Promoted ByListing AtRegistrar to the Issue