The initial public offering (IPO) of Cosmic CRF, the supplier of cold-rolled stainless sections to manufacturing companies, opened for public subscription on Wednesday, (June 14, 2023), and will close on June 16, 2023
Cosmic CRF IPO price band has been fixed at Rs 314 to Rs 330 per share. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%. The IPO is to be listed on BSE
Cosmic CRF aims to raise Rs 60.13 crore from the IPO consisting of a fresh issue of 18.22 lakh equity shares of face value of Rs 10 each. The IPO money will be utilised for expansion of existing manufacturing unit, working capital requirement, and repaying debts, besides general corporate purposes
Cosmic CRF IPO GMP or grey market premium was around Rs 11 per share. The lot size of Cosmic CRF IPO is 400 shares. The minimum investment required for retail investors is Rs 1,32,000
The company will fix the basis of allotment of shares on June 21, and begin the refunds on June 22. The shares will be credited to demat accounts of allottees on June 23
Cell Point (India) is the second IPO getting launched for bidding on June 15, with a price of Rs 100 per share. It is a fixed price issue and will close on June 20. The amount of money to be raised via initial public offering would be over Rs 50 crore
Pharmaceutical products manufacturer Vilin Bio Med will also be coming out with their IPO this week on June 16. It is also a fixed price issue closing on June 21. The company plans to mobilise Rs 12 crore via public issue of 40 lakh shares at a price of Rs 30 per share
Public issues by Urban Enviro Waste Management and Bizotic Commercial opened on June 12. The subscription for both will close on June 14 and June 15 respectively. Spectrum Talent Management, the human resource and staffing services provider, launched its IPO on June 9. The Rs 105-crore offer will close today
Waste management solutions provider Urban Enviro Waste Management intends to raise Rs 11.42 crore at an issue price of Rs 100 per share. The repaying debts and working capital requirements are the main objectives of the public issue
Readymade garments manufacturer Bizotic Commercial is also a fixed price issue, aiming to garner Rs 42.2 crore via IPO. Spectrum Talent Management, and Urban Enviro Waste Management will debut on the NSE SME Emerge, while Bizotic Commercial will be listing on the BSE SME platform