C P S Shapers Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

C P S Shapers Ltd IPO
Registered Office: 201-204 2nd flr Swamin.Ind.Est,No. 3 Nanal Nagar Waliv Vasi.E , Palghar - 401208 , Maharashtra , India. Phone : +91 9084735560 Fax: Email : investor@dermawear.co.in Website : www.cpsshapersltd.com
Initial public offering of 6,00,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of C P S Shapers Limited ("CPS" or "The Company" or "The Issuer") for cash at a price of (Rs)185/- per equity share (including a premium of (Rs)175/- per equity share) ("Issue Price") aggregating to (Rs)11.10 crores ("The Issue") of which 31,200 equity shares aggregating to (Rs)0.58 crores will be reserved for subscription by market maker ("Market Raker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 5,68,800 equity shares of face value of (Rs)10/- each at an issue price of (Rs)185/- per equity share aggregating to (Rs)10.52 crores ("Net Issue"). The issue and the net issue will constitute 28.57% and 27.09% of the post issue paid-up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the issue price is 18.5 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
29-Aug-23	31-Aug-23	(Rs)185.00-0.00	(Rs)0.00-0.00
Minimum Application for shares in Nos :600 Further Multiples of :600

(Rs Cr)

Lead Managers to the Issue

Project Cost

9.82

Shreni Shares Ltd

Project Financed through Current Offer

11.10

Post Issue Equity Share Capital

2.10

Issue Price

(Rs)185.00

Projects

Purchase of palnt and machinery at its existing manufacturing facility	Repayment or prepayment in full of in part of borrowings availed by the company from banks and financial institutions
Purchase of commercial vehicle	Funding working capital requirements of the company
Funding of capital expenditure requirements of the company towards purchase of solar power system	General corporate purposes
Upgradation of existing IT Software at its existing manufacturing facility and registred office

Promoted By
Abhishek Kamal Kumar
Rajendra Kumar

Listing At
NSE - SME

Registrar to the Issue

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