IPO

IPO Synopsis

Cosmic CRF Ltd
  • Registered Office: 19 Monohar Pukur Road,, Kolkata - 700029, West Bengal, India. Phone : +91 810 086 2182   Fax:+91 337 964 7499
  • Email : cs@cosmiccrf.com
  • Website :www.cosmiccrf.com
Initial public offer of 18,22,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Cosmic CRF Limited (the "Company" or "Cosmic CRF" or "Issuer") at an issue price of Rs. 314 per equity share (including a share premium of Rs. 304 per equity share) for cash, aggregating up to Rs. 57.21 crores ("Public Issue") out of which 91,200 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 314 per equity share for cash, aggregating Rs. 2.86 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 17,30,800 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 314 per equity share for cash, aggregating up to Rs. 54.35 crores is hereinafter referred to as the "Net Issue". The public issue and net issue will constitute 26.32% and 25.00% respectively of the post-issue paid-up equity share capital of the company. Issue price is Rs. 314 per equity share of face value of Rs. 10 each. The issue is 31.40 times of the face value of the equity shares. Bids can be made for a minimum of 400 equity shares and in multiples of 400 equity shares thereafter.
Issue
Opens On Closes On
14-Jun-23 21-Jun-23
Money Payable On
Application Allotment
314.00 0.00
Minimum Application for shares in Nos : 400 Further Multiples of : 400
Cr Lead Managers to the Issue
Project Cost (.Cr) 51.27 Horizon Management Pvt Ltd
Project Financed through Current Offer (.Cr) 57.21  
Post Issue Equity Share Capital (.Cr) 6.92
Issue Price () 314.00
Projects
Funding the expansion of the company existing manufacturing unit
Funding of working capital requirements of the company
Prepayment of repayment of all or a portion of certain unsecured loans availed by the company
General corporate purposes
Promoted By
Aditya Vikram Birla
Listing At
BSE - SME
Registrar to the Issue
MAS Services Ltd