Business Standard

Cosmic CRF Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

57.21 cr

Price Range (₹)

314

Lot Size

400

Min Investment (₹)

1,25,600.00

Listing Exchange

BSE - SME

Open Date

14-Jun-2023

Close Date

21-Jun-2023

Listing Date

30-Jun-2023

Cosmic CRF Ltd News

    The Shares of Cosmic CRF Ltd have now been listed.

    Cosmic CRF Ltd IPO Details

    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.

    Objective of issue

    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.

    Cosmic CRF Ltd Contact Details

    Cosmic CRF Ltd, T-34 2nd Floor, Okhla Industria Area, Phase-II, New Delhi-110020

    Phone - 91-011-26387281/82/83

    Fax - 91-011-26387384

    Email - cs@cosmiccrf.com

    Website - www.cosmiccrf.com