IPO

Cospower Engineering Ltd

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
Opens On Closes On
17-Mar-20 19-Mar-20
Money Payable On
Application Allotment
51.00 0.00
Minimum Application for shares in Nos : 2000 Further Multiples of : 2000
Cr Lead Managers to the Issue
Project Cost (.Cr) 2.04 Shreni Shares Pvt Ltd
Project Financed through Current Offer (.Cr) 2.04  
Post Issue Equity Share Capital (.Cr) 1.50
Issue Price () 51.00
Projects
To Meet the Working Capital Requirements
General Corporate Purpose
Promoted By
Oswald Rosario Dsouza
Felix Shridhar Kadam
Listing At
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd