The Godha Cabcon Insulation date has been confirmed from April 27, 2018 and ended on May 3, 2018. Read the post to learn about Godha Cabcon Insulation IPO GMP.
Godha Cabcon Insulation Developers IPO has a fixed price of Rs 9.90 crore. The price range is from ₹30 to ₹33 per share. The minimum lot size for an application is 4000 shares. The lowest possible investment for retail investors is ₹132,000.
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Key Details Of Godha Cabcon Insulation IPO:
Bidding Dates
April 27-May 3
Price Range
₹30 to ₹33 per share
Face Value
₹10 per share
GMP
₹0.70
Godha Cabcon Insulation IPO GMP
The Godha Cabcon Insulation IPO GMP is ₹0.70.
IPO Overview
The book-built issue of Godha Cabcon Insulation is valued at Rs 9.90 crore. The initial public offering (IPO) of Godha Cabcon Insulation was open for bidding from April 27, 2018, to May 3, 2018. The shares were floated on the NSE SME on May 11, 2018. The initial public offering (IPO) of Godha Cabcon Insulation is expected to be priced between ₹30 and ₹33.
It employs 16 permanent workers at its manufacturing facilities. An application requires a lot size of 4000 shares, and retail investors must commit a minimum of ₹130,000.
Godha Cabcon Insulation IPO Details
| IPO Date | April 27, 2018 to May 3, 2018 |
| Listing Date | May 11, 2018 |
| Face Value | ₹10 per share |
| Price Band | ₹30 to ₹33 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 3,000,000 shares (aggregating up to ₹9.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Market Maker portion | 160,000 shares |
Godha Cabcon Insulation Company Financials
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | ||||||
| Total Assets | 1.28 | |||||
| Total Revenue | 0.00 | |||||
| Profit After Tax | (0.30) | |||||
Godha Cabcon Insulation IPO Listing Details
| Listing Date | May 11, 2018 |
| BSE Script Code | |
| NSE Symbol | GODHA |
| ISIN | INE925Y01010 |
| Final Issue Price | ₹33 per share |
Company Profile
Located in Madhya Pradesh, Godha Cabcon & Insulation Limited was established in 2016 and produces ACSR/AAAC/AAC Conductors. The company uses supply/sales activities that are based on orders and tenders. It was effective in getting many orders and tenders from the State Electricity Board. A few from among the heavy tenders were;
- Madhya Pradesh Madhya Kshetra Vidyut Vitaran Co. Ltd. (Bhopal) paid Rs 21 crore in 2015 for AAAC Conductor. In 2016, following a first order of Rs 25 crore, the company
obtained an additional order of Rs 12.5 crore due to timely delivery and superior product quality.
- For the year 2017, Madhya Pradesh Poorva Kshetra Vidyut Vitaran Co. Ltd. received a payment of Rs 12.5 crore for the AAAC Rabbit Conductor.
- Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co. Ltd (Indore) paid Rs 35 crore in 2015 for the AAAC Rabbit conductor.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | kosmic.kfintech.com |
Contact Details
| Name | Godha Cabcon & Insulation Limited |
| Phone number | +91 731 4029 509 |
| Email ID | [email protected] |
| Website | godhacabcon.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Godha Cabcon Insulation IPO FAQs
When Godha Cabcon Insulation IPO will open?
The Godha Cabcon Insulation IPO opens on April 27, 2018 and closes on May 3, 2018.
What is the lot size of Godha Cabcon Insulation IPO?
Godha Cabcon Insulation IPO lot size is 4000 Shares, and the minimum amount required is ₹132,000.
When is Godha Cabcon Insulation IPO allotment?
The finalization of Basis of Allotment for Godha Cabcon Insulation IPO will be done on [.], and the allotted shares will be credited to your demat account by [.].
When is Godha Cabcon Insulation IPO listing date?
The Godha Cabcon Insulation IPO listing date is on May 11, 2018.
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