Established in 2012, C P S Shapers Limited is a prominent player in the manufacturing sector, specializing in creating high-quality Shapewear tailored for both Men and Women.
The company’s core focus lies in producing and marketing Shapewear solutions for Men and Women under its well-recognized brands – Dermawear, which promotes the message “Shape up with Confidence,” and YDIS (Your Dress Is Shapewear). These offerings are made accessible through both online and offline retail avenues.
C P S Shapers boasts an extensive product line, encompassing Saree Shapewear, Mini Shapers, Sports Bras, an assortment of Mini Corsets, Tummy Reducers, Zenrik products, Slimmers, Active Pants, Denim variations, Masks, and various other shapewear options. Their influence spans across India, with a widespread presence, backed by a robust distributor network across 28 states and 8 Union territories. Additionally, the company extends its footprint to the global arena, exporting its products to five countries, including Canada, Germany, Australia, the United Kingdom, and the United States of America.
C P S Shapers IPO Details #
C P S Shapers IPO is a Fixed Price Issue. The IPO total issue size is Rs 11.10 Cr. The C P S Shapers IPO price is ₹185 per share. The IPO will list on NSE SME.
| IPO Date | Aug 29, 2023 to Aug 31, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹185 per share |
| Lot Size | 600 Shares |
| Total Issue Size | 600,000 shares (aggregating up to ₹11.10 Cr) |
| Fresh Issue | 600,000 shares (aggregating up to ₹11.10 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 1,500,000 |
| Share holding post issue | 2,100,000 |
| Market Maker portion | 31,200 shares Shreni Shares |
C P S Shapers IPO Reservation #
| Other Shares Offered | 50% |
| Retail Shares Offered | Not less than 50.00% of the Offer |
C P S Shapers IPO Timetable (Tentative) #
C P S Shapers IPO opens on Aug 29, 2023, and closes on Aug 31, 2023.
| IPO Open Date | Tuesday, 29 August 2023 |
| IPO Close Date | Thursday, 31 August 2023 |
| Basis of Allotment | Tuesday, 5 September 2023 |
| Initiation of Refunds | Wednesday, 6 September 2023 |
| Credit of Shares to Demat | Thursday, 7 September 2023 |
| Listing Date | Friday, 8 September 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Aug 31, 2023 |
C P S Shapers IPO Lot Size #
The minimum lot size of this C P S Shapers IPO is 600 shares required is ₹111,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹111,000 |
| Retail (Max) | 1 | 600 | ₹111,000 |
| HNI (Min) | 2 | 1,200 | ₹222,000 |
| Lot Size Calculator | |||
C P S Shapers IPO Promoter Holding #
The Promoters of the company are Mr. Abhishek Kamal Kumar and Mr. Rajendra Kumar.
| Pre Issue Share Holding | 99.80% |
| Post Issue Share Holding |
Company Financials #
| Period Ended | 31 Mar 2021 | 31 Mar 2022 | 31 Mar 2023 |
| Assets | 1,102.02 | 1,275.48 | 1,751.20 |
| Revenue | 1,441.71 | 2,668.84 | 3,696.16 |
| Profit After Tax | 38.05 | 157.06 | 246.09 |
| Net Worth | -228.03 | -70.97 | 175.12 |
| Reserves and Surplus | -278.03 | -120.97 | 125.12 |
| Total Borrowing | 947.57 | 935.57 | 1,043.66 |
Key Performance Indicator #
C P S Shapers IPO Market Cap is Rs 38.85 Cr and P/E (x) is 11.28.
| KPI | Values |
|---|---|
| P/E (x) | 11.28 |
| Market Cap (₹ Cr.) | 38.85 |
| ROE | 4.73% |
| ROCE | 0.28% |
| Debt/Equity | 5.96 |
| EPS (Rs) | 16.41 |
| RoNW | 140.53% |
Objects of the Issue #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Purchase of Plant and Machinery at existing Manufacturing facility.
- Purchase of Commercial Vehicle.
- Funding of capital expenditure requirements of the company towards the purchase of Solar Power Systems.
- Upgradation of existing IT Software at our existing manufacturing facility and registered office.
- Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions.
- Funding Working Capital Requirements of the company.
- General corporate purposes.
C P S Shapers IPO Review (May apply) #
[Dilip Davda] CSL has performed well for the reported periods. It is operating in a highly competitive and fragmented segment. Based on FY23 earnings, the issue appears reasonably priced. The small equity post-IPO indicates a longer gestation period for migration to the mainboard. Well-informed investors may park funds for long-term rewards. Read detail review…
C P S Shapers IPO Prospectus #
Company Contact Information #
201-204, 2nd Floor, Swamini Industrial Estate No 3
Opp. Varun Industries, Nanal Nagar, Waliv,
Vasai East, Palghar – 401 208
Phone: +91 9084735560
Email: investor@dermawear.co.in
Website: https://www.cpsshapersltd.com/
C P S Shapers IPO Registrar #
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
C P S Shapers IPO Lead Manager(s) #
FAQs #
What is the total issue size of C P S Shapers IPO? #
The total issue size of C P S Shapers IPO is ₹11.10 Crores.
What is the IPO price for C P S Shapers shares? #
The IPO price for C P S Shapers shares is ₹185 per share.
What is the minimum lot size for C P S Shapers IPO? #
The minimum lot size for C P S Shapers IPO is 600 shares, requiring an investment of ₹111,000.
When does C P S Shapers IPO open and close? #
C P S Shapers IPO opens on August 29, 2023, and closes on August 31, 2023.
Who are the promoters of C P S Shapers Limited? #
The promoters of the company are Mr. Abhishek Kamal Kumar and Mr. Rajendra Kumar.
What are the key financial indicators of C P S Shapers as of March 31, 2023? #
Price/Earnings (P/E) Ratio: 11.28
Market Capitalization: ₹38.85 Crores
Return on Equity (ROE): 4.73%
Return on Capital Employed (ROCE): 0.28%
Debt/Equity Ratio: 5.96
Earnings Per Share (EPS): ₹16.41
Return on Net Worth (RoNW): 140.53%
Please note that the information provided in the FAQs is based on the data available. For the latest updates and detailed information, please refer to the official sources and the prospectus.
