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Cospower Engineering Ltd

Registered Office: S No 134 Village-Wakipada,Pazar Talao Road Nalgaon East, Palghar - 401208, Maharashtra, India.
Phone :    Fax:
Email :  accounts@cospowerindia.com  
Website :  www.cospowerindia.com

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 Money Payable On
Opens on Closes On Application Allotment
17-Mar-20 19-Mar-20 51.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
  Rs(Cr.) Lead Managers to the Issue
Project Cost 2.04 Shreni Shares Pvt Ltd
Project Financed through Current Offer 2.04  
Post Issue Equity Share Capital 1.50  
Issue Price 51.00  

Project

  • 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

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.