Cosmic CRF Limited, founded in 2021, is a prominent supplier of cold-rolled stainless sections to various manufacturing companies. Its client roster includes esteemed names like Titagarh Wagons Limited, Hindusthan Engineering & Industries Limited, Melbrow Engineering Works Private Limited, Jindal Rail Infrastructure Limited, Allied Construction Engineers & Fabricators, among others. Additionally, the company fulfills direct orders from the railways through tender procurement.
In a significant development, Cosmic CRF Limited acquired the CRF unit of Cosmic Ferro Alloys Limited on January 19, 2022. This acquisition encompassed a manufacturing unit in West Bengal, sprawling over an approximate area of 3.82 acres. The deal included the transfer of plant, machinery, assets, and liabilities. The acquired unit specializes in manufacturing an array of cold-rolled stainless sections, including fabricated items for railway coach & wagons, cold-rolled formed items for wagons and coaches, cold-rolled formed items for infra companies and EPC projects, as well as products for roadways and national highways.
As of March 31, 2023, the company’s total order book value stands at ₹53,640.82 lakhs. Out of this, orders worth ₹13,566.33 lakhs have already been executed, while ongoing orders amount to ₹40,074.48 lakhs. Furthermore, Cosmic CRF Limited has successfully completed 25 orders for the supply of cold-rolled stainless sections, with 23 ongoing orders.
The company’s acquisition and its robust order book demonstrate its commitment to growth and excellence in providing high-quality cold-rolled stainless sections to various sectors. With its strong clientele and thriving business operations, Cosmic CRF Limited is poised for a promising future in the manufacturing and supply industry.
Cosmic Crf Ltd Stock Quote #
- Open: ₹204.95
- High – Low: ₹209.75 – ₹187.05
- Previous Close: ₹200.25
- Total Traded Value: 3,21,200
- 52 Weeks High: ₹285.00 (Jul 14, 2023)
- 52 Weeks Low: ₹187.05 (Jul 19, 2023)
- Updated On: Jul 19, 2023 4:00 PM
Cosmic CRF IPO Details #
| IPO Date | Jun 14, 2023 to Jun 21, 2023 |
| Listing Date | Jun 30, 2023 |
| Face Value | ₹10 per share |
| Price | ₹298 to ₹314 per share |
| Lot Size | 400 Shares |
| Total Issue Size | 1,822,000 shares (aggregating up to ₹57.21 Cr) |
| Fresh Issue | 1,822,000 shares (aggregating up to ₹57.21 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 5,100,000 |
| Share holding post issue | 6,922,000 |
| Market Maker portion | 91,200 shares Giriraj Stock Broking |
Cosmic CRF IPO Reservation #
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 91,200 (5.01%) |
| QIB Shares Offered | 34,400 (1.89%) |
| NII (HNI) Shares Offered | 398,400 (21.87%) |
| Retail Shares Offered | 1,298,000 (71.24%) |
| Total Shares Offered | 1,822,000 (100%) |
Cosmic CRF IPO Timetable (Tentative) #
Cosmic CRF IPO opens on Jun 14, 2023, and closes on Jun 21, 2023.
| Event | Tentative Date |
|---|---|
| Opening Date | Wednesday, 14 June 2023 |
| Closing Date | Wednesday, 21 June 2023 |
| Basis of Allotment | Monday, 26 June 2023 |
| Initiation of Refunds | Tuesday, 27 June 2023 |
| Credit of Shares to Demat | Thursday, 29 June 2023 |
| Listing Date | Friday, 30 June 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Jun 21, 2023 |
Cosmic CRF IPO Lot Size #
The Cosmic CRF IPO lot size is 400 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 400 | ₹125,600 |
| Retail (Max) | 1 | 400 | ₹125,600 |
| HNI (Min) | 2 | 800 | ₹251,200 |
| Lot Size Calculator | |||
Cosmic CRF IPO Promoter Holding #
Mr. Aditya Vikram Birla is the company promoter.
| Pre Issue Share Holding | 98.42% |
| Post Issue Share Holding | 72.52% |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-22 | 1,605.02 | -11.80 | 873.10 | -11.80 | 671.72 | |
| 31-Mar-23 | 6,875.24 | 12,149.31 | 641.20 | 1,629.40 | 629.40 | 3,151.33 |
| Amount in ₹ Lakhs | ||||||
Key Performance Indicator #
| KPI | Values |
|---|---|
| P/E (x) | 35.64 |
| Market Cap (₹ Cr.) | 228.43 |
| EPS (Rs) | 13.5 |
| RoNW | 39.35 |
Objects of the Issue #
The company intends to utilize the Net Proceeds from the Issue towards the following objects:
1. Funding the expansion of existing manufacturing unit;
2. Funding of working capital requirement;
3. Prepayment or repayment of all or a portion of certain unsecured loans; and
4. General Corporate Purposes.
Cosmic CRF IPO Subscription Status (Bidding Detail) #
The Cosmic CRF IPO is subscribed 1.16 times on Jun 21, 2023 7:02:00 PM. The public issue subscribed 0.60 times in the retail category, 3.76 times in the QIB category, and 2.76 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 3.76 |
| NII | 2.76 |
| Retail | 0.60 |
| Total | 1.16 |
Total Application : 2,092 (0.64 times)
Cosmic CRF IPO Prospectus #
- Cosmic CRF IPO DRHP
- Cosmic CRF IPO RHP
Cosmic CRF IPO Listing Details #
| Listing Date | Jun 30, 2023 |
| BSE Script Code | 543928 |
| NSE Symbol | |
| ISIN | INE0ORA01015 |
| Final Issue Price | ₹314 per share |
Listing Day Trading Information #
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹314.00 |
| ₹251.20 |
| ₹238.65 |
| ₹251.20 |
| ₹238.65 |
Company Contact Information #
19, Monohar Pukur Road,
Kolkata 700 029Phone: +91 810 086 2182
Email: cs@cosmiccrf.com
Website: https://cosmiccrf.com/
Cosmic CRF IPO Registrar #
Phone: (011) 2610 4142
Email: info@masserv.com
Website: http://www.masserv.com
Cosmic CRF IPO Lead Manager(s) #
Frequently Asked Questions #
What is Cosmic CRF Limited and what products they? #
Cosmic CRF Limited is a company incorporated in 2021 that supplies cold-rolled stainless sections to manufacturing companies. Their product range includes fabricated items for railways, cold-rolled formed items for wagons and coaches, items for infra companies and EPC projects, and products for roadways and national highways.
What is the IPO date and price for Cosmic CRF IPO? #
The Cosmic CRF IPO was open for public subscription from June 14, 2023, to June 21, 2023. The price range for the IPO shares was set at ₹298 to ₹314 per share.
What is the lot size and issue size for Cosmic CRF IPO? #
The lot size for the Cosmic CRF IPO is 400 shares per lot. The total issue size is 1,822,000 shares, aggregating up to ₹57.21 Crores.
How can I check the IPO allotment status for Cosmic CRF IPO? #
The basis of allotment for the Cosmic CRF IPO was finalized on June 26, 2023. Investors can check their allotment status by visiting the IPO registrar’s website and entering their PAN number, Application Number, or DP Client ID.
What are the important dates for the Cosmic CRF IPO? #
The Cosmic CRF IPO opened for subscription on June 14, 2023, and closed on June 21, 2023. The basis of allotment was finalized on June 26, 2023, and the shares were credited to demat accounts on June 29, 2023. The listing date was set for June 30, 2023.
What is the subscription status of the Cosmic CRF IPO? #
Overall, investors subscribed to The Cosmic CRF IPO 1.16 times. The Qualified Institutional Buyers (QIB) category witnessed a subscription of 3.76 times, the Non-Institutional Investors (NII) category had a subscription of 2.76 times, and the Retail Individual Investor (RII) category had a subscription of 0.60 times.
What are the financial details of Cosmic CRF Limited? #
As of March 31, 2023, Cosmic CRF Limited had total assets of ₹1,605.02 lakhs, total revenue of ₹11.80 lakhs, and a net worth of ₹73.10 lakhs.
Please note that the information provided here is based on the available data and may be subject to change.
