CKP Products Ltd IPO (CKP Products IPO) Detail

April 26, 2017 - April 28, 2017

CKP Products IPO is a fixed price issue of Rs 6.24 crores.

CKP Products IPO bidding started from April 26, 2017 and ended on April 28, 2017. The shares got listed on NSE SME on May 9, 2017.

CKP Products IPO price is ₹50 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹150,000.

Aryaman Financial Services Limited is the book running lead manager of the CKP Products IPO, while Cameo Corporate Services Limited is the registrar for the issue.

Refer to CKP Products IPO DRHP for detailed information.

CKP Products IPO Details

IPO Date	April 26, 2017 to April 28, 2017
Listing Date	May 9, 2017
Face Value	₹10 per share
Price	₹50 per share
Lot Size	3000 Shares
Total Issue Size	1,248,000 shares (aggregating up to ₹6.24 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME

CKP Products IPO Lot Size

Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	3000	₹150,000
Retail (Max)	1	3000	₹150,000
Lot Size Calculator

About CKP Products Ltd

Incorporated in 2014, CKP Products Ltd engaged in the trading of edible oil, rice, and pulses in India and internationally. The company is involved in buying and selling crude and refined palm oil, sesame oil, rice bran oil, sunflower oil, soyabean oil, olive Oil, ground nut and cotton seed oil and other agro commodities like pulses and rice and supply the same to oil processors, wholesalers, food companies, etc.

In the year 2015, they have acquired a 51% share in the manufacturing unit of Naik Foods Private Ltd and established it as their subsidiary company which is engaged in the manufacture of potato chips, fryums and other namkeen products.

Objects of the Issue (CKP Products IPO Objectives)

The Objects of the Issue are:

1. Funding Long Term Working Capital Requirements;
2. Incorporation and Capitalization of Proposed Overseas Subsidiary at Dafza Dubai.

CKP Products IPO Review (Apply)

[Dilip Davda] Considering performance and the pricing aspect, investors may consider investment for medium to long term. Read detail review...

CKP Products IPO Subscription Status (Bidding Detail)

The CKP Products IPO is subscribed times on April 28, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

Category	Subscription (times)

CKP Products IPO Prospectus

› CKP Products IPO DRHP

CKP Products IPO Rating

3.5

Rating:

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CKP Products IPO Listing Details

Listing Date	May 9, 2017
BSE Script Code
NSE Symbol	CKPPRODUCT
ISIN	INE977V01017
Final Issue Price	₹50 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade

NSE SME
₹50.00
₹50.00
₹50.00
₹53.10
₹50.15

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CKP Products Ltd Contact Details

CKP Products Ltd
910, 9 th Floor, Trade World,
C-Wing, Kamala City Kamala Mill Compound,
Senapati Bapat Marg, Lower Parel (W), Mumbai
Phone: +91 – 22 – 4347 5127
Email: info@ckpproducts.in
Website: http://www.ckpproducts.in

CKP Products IPO Registrar

Cameo Corporate Services Limited

Phone: +91-44-28460390
Email: investor@cameoindia.com
Website: https://ipo.cameoindia.com/

CKP Products IPO - Buy or Not

CKP Products IPO Recommendation Summary

Review By	Subscribe	Neutral	Avoid
Brokers	1	0	0
Members	0	0	0

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CKP Products IPO Lead Manager(s)

Aryaman Financial Services Limited (Past IPO Performance)

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CKP Products IPO FAQs

CKP Products IPO is a SME IPO of 1,248,000 equity shares of the face value of ₹10 aggregating up to ₹6.24 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000 Shares.

The IPO opens on April 26, 2017, and closes on April 28, 2017.

Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The CKP Products IPO opens on April 26, 2017 and closes on April 28, 2017.

CKP Products IPO lot size is 3000 Shares, and the minimum amount required is ₹150,000.

You can apply in CKP Products IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for CKP Products IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the CKP Products IPO allotment status.

The CKP Products IPO listing date is on May 9, 2017.

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147 Comments

Stock Discussion

65. TOPS | Link |June 17, 2017 11:11:17 AM

No movement in last 2 months scrip is not showing any signs of upmove
THERE IS NEWS THAT THEY HAVE DISPOSED OF NAIK FOOD

I THINK MGMT IS NOT GOOD

FINANCIAL RESULT FOR 31/03/2017 is also not yet declared ???

64. TOPS | Link |May 27, 2017 1:33:03 PM

TRADING IN TIGHT RANGE 50.20. To 50.50.
Volume is also on decline

Any news on Q4 RESULT ?

64.1. V D PATEL | Link |May 29, 2017 9:31:46 PM

It is not going down
Means upmove is on the card
Wait 2-3 weeks you will get good profit

63. V D PATEL | Link |May 26, 2017 10:49:46 PM

Keep patience
You will surely rewarded in this stock

63.1. TOPS | Link |May 26, 2017 11:42:59 PM

V D Patelbhai

Any idea when Q4 result will be out ?

Keep posting any news of ckp

62. Prabhakaran Kuppusamy | Link |May 11, 2017 8:29:50 PM (400+ Posts, 300+ Likes)

BOA is available at http://cmlinks.com/pub/ba/bashow.asp?code=68974

61. TOPS | Link |May 11, 2017 11:30:34 AM

patelbhai

Yes u r right buyers are active today

Will Surely follow your advice
Keep posting your advice
Thanks

61.1. V D PATEL | Link |May 11, 2017 2:26:33 PM

Hold it sir for at least 3-4 months you will get good returns

Just check Mitsui Chem
List at issue price only
Stay there for one week
And now after 4-5 months it''''s double

60. TOPS | Link |May 9, 2017 11:05:01 AM

GALABHA

LISTED CURRENT 50.20 what to do ?
Pl advice

Load more comments (1 replies)

60.2. V D PATEL | Link |May 10, 2017 6:23:57 PM

Hold it sir for at least 3-4 months you will get good returns

Just check Mitsui Chem
List at issue price only
Stay there for one week
And now after 4-5 months it''s double

60.3. V D PATEL | Link |May 11, 2017 10:50:37 AM

Sir check it
From today onwards buyers are active in this counter

59. TOPS | Link |May 10, 2017 6:18:44 PM

Prabhkaran

CKP. Today''s delivery 92%

Seems shares are moving frm weak to strong hands

What is your analysis based on two days trading data

58. Prabhakaran Kuppusamy | Link |May 9, 2017 11:58:32 AM (400+ Posts, 300+ Likes)

Dear Gala-ji,
Oasis''s marketcap is 72.53 crore and CKP''s is 3.76.
Talking in terms of this, I see Oasis is leader with 20x times public share capital than CKP.
Let''s just debate that Oasis PE is 60 and CKP PE is 10.
If Oasis falls back to PE of 10, which will make its marketcap as 12.08crore (which would still be 3-4 times bigger than CKP).
Source: way2wealth.com

Load more comments (6 replies)

58.1. TOPS | Link |May 9, 2017 12:31:59 PM

Prabhakaran

Your analysis of ckp & oasis is very impressive but don''t you think that one who hold oasis should shift to ckp as it''s valuation is very attractive & one can Expect huge upside from here because ckp will catch up valuation given to it''s peer oasis
Share your view

58.2. gala | Link |May 9, 2017 1:03:45 PM

Top Contributor (400+ Posts, 200+ Likes)

Dear prabhakaran ji I have nevr compared oasis with ckp products you can see in past comments ..... Even I knew it was a muted listing as I said 5 % up possible .... Wen many said thy will see UC I said no it is not possible only ..... In long I feel it should go up coz it has some subsidiaries under its belt which can also come fr IPO .... Soo I feel even promoters will want this stock to give good returns ( case as Madhya Bharat and Krishana proschem ) and additionally good fundamentals that''s it

58.3. Prabhakaran Kuppusamy | Link |May 9, 2017 1:06:39 PM (400+ Posts, 300+ Likes)

That''s correct TOPS. The downside in CKP is limited.
A share (especially in food sector) with PE around 10 is a screaming-buy.
I was just explaining that OasisTradelink is bigger than CKP Prod (talking in-terms standalone marketcap).

58.4. Prabhakaran Kuppusamy | Link |May 9, 2017 2:37:54 PM (400+ Posts, 300+ Likes)

Agreed Gala ji.
Oceanic foods (issued at 65) is up 6% today also (which is at PE of 50+).
It moved nearly 62% in 40 calendar days (CMP:105).
On listing day, it made high of 65.9 (1%) and low of 64 (-2%) and CKP might be following the same path here.
So, for now we can put our trust on food sector (irrespective of whether its fish business or snacks business or oil business).
Please provide your views.

58.5. TOPS | Link |May 9, 2017 3:15:00 PM

Prabhakaran

Good volume in ckp will move higher weak hands exited

58.6. Prabhakaran Kuppusamy | Link |May 9, 2017 3:50:28 PM (400+ Posts, 300+ Likes)

Yes TOPS.
Total issue size is 12,48,000 shares.
Today''s traded volume is 6,06,000 (so far @2:45pm).
Nearly 50% of shares already shifted hands (same was the case with LaxmiCot).
Average traded price is 50.28 which is closer to the issue price.

58.7. TOPS | Link |May 9, 2017 5:33:41 PM

Dear prabhakaran

I salute u for excellent analysis of data , where from u get all data as these r not available on nse site

Really appreciate great work

Thanks

58.8. Prabhakaran Kuppusamy | Link |May 9, 2017 10:15:48 PM (400+ Posts, 300+ Likes)

Thanks TOPS.
This information must be available at NSE site (actually for BSE scripts we can get more info from BSE site).
Even from moneycontrol, using the intraday chart we can extrapolate these numbers.

57. Prabhakaran Kuppusamy | Link |May 9, 2017 11:31:31 AM (400+ Posts, 300+ Likes)

I told you that don''t expect any UC here (buy only for long-term view).
It''s justified today on listing.
Based on my research analyzer software, an issue must be subscribed atleast 6x for an SME IPO to list in UC (If it is less than 6x, it means that the demand is low).
Here is the data for 2017,
Issue Name       XX      List (high)            List (low)
Krishna Phoschem       33       36      20%      34      13%
Global Education       82       180      20%      180      20%
RMC Switchgears       19       32.4      20%      29      7%
Airan Limited       28       54      20%      51.35      14%
Chemcrux Enterprises Ltd       56       21.6      20%      21.6      20%
Focus Lighting And Fixtures Ltd.,       89       54      20%      54      20%
Dev Information Technology Ltd       74       50.4      20%      50.4      20%
Sikko Industries Ltd       12       35.5      11%      34.1      7%

Load more comments (2 replies)

57.3. Prabhakaran Kuppusamy | Link |May 9, 2017 2:45:52 PM (400+ Posts, 300+ Likes)

Hi DarkHorse,
In Meera I bid for an application for 5 lots (hoping that allotment will be done for atleast one lot).
I have optimistic view on meera for long-term (6-9 months).
Not sure about listing gains (as no GMP trade is happening for now).
Eventhough it''s PE is okay (compared to peers), it''s debt/equity ratio is ~0.
That''s another reason for my optimism (plus the issue is subscribed 8.8 times which is good and safe thing).

57.4. TOPS | Link |May 9, 2017 8:19:33 PM

Prabhakaran

CKP PRODUCT _ Today"s Delivery 91%

Consider to be. Very good

What it indicate scrip. Had changed hand ( weak hands are out & gone to strong hands

Can we Expect huge upside may be UC ANYTIME TOMORROW

56. V D PATEL | Link |May 9, 2017 6:25:28 PM

Not good listing
But not bad also
Huge buying at 50
Mark my words
Hold for 9-12 months you will get handsome profit

55. Prabhakaran Kuppusamy | Link |May 9, 2017 11:41:44 AM (400+ Posts, 300+ Likes)

I''''m not an expert like gala-ji or IPOANALYSIS or Eagleye-ma''''am;
I''''m just a 26 year old beginner working as data-analyst for Europe based investment banker (mostly identifying trade frauds and manipulation) and an author of two technical books for UK based publisher (Packt).
Based on my own software tools and indicators, I decide.what to do.
NOM and Cheers.

Load more comments (4 replies)

55.1. TOPS | Link |May 9, 2017 12:56:53 PM

Dear prabhakar

Do u think it is long term hold or we shold exit at current rate ?

What will be time horizen

Please your view on whether to HOLD/ACCUMULATE/SELL at current rate

55.2. Prabhakaran Kuppusamy | Link |May 9, 2017 1:16:00 PM (400+ Posts, 300+ Likes)

It''s following the pattern of LaxmiCot and Bohra.
Both those companies are fundamentally strong (and cheap valuations), still both are trading below issue price now.
So, I will be on hold for now (as there is no SME IPOs coming up in near future).
If you''re a longterm investor (who can hold this atleast for 6-9 months), you might get atleast 50% return.
Note: Still I don''t understand why a QIB (with 66k shares) cancelled their bid (and the market-depth is not good here). This makes me little pessimistic about CKP.
So, if this script moves below 46, sell it to minimize loss.

55.3. DarkHorse | Link |May 9, 2017 1:56:33 PM

Prabhakaran Kuppusamy is a Hadoop ecosystem specialist and cloud enthusiast who is currently working as a senior systems engineer and developer, Cloud and Infrastructure Services unit, at Infosys Limited. He is passionate about teaching and writing. He loves to play cricket during his leisure time. He joined Education & Research at Global Education Centre, Infosys, where he trained and evaluated thousands of freshmen in Java, Big Data, and cloud technologies. During his tenure in the Education & Research department, he provided training to students from Coventry University and to professionals from Costa Rica on Big Data and cloud technologies, such as Hadoop, MapReduce, Hive, Elastic MapReduce, Google App Engine, DynamoDB, and CloudStack.

Prabhakaran has a Bachelor of Engineering degree in Instrumentation and Control Engineering from Anna University. After completing his degree, he started providing workshops and training sessions on Big Data and cloud to several engineering colleges. He is an IBM Certified Cloud Computing Architect. He has more affinity towards private clouds and a greater working knowledge about them. Currently, he is working on MarkLogic, Storm, and XQuery. He keeps on trying new things, even if it burns his fingers. He loves to interact with students and teachers, and his Twitter handle is @prabhakar28dec.

Prabhakaran has also authored DynamoDB Applied Design Patterns, Packt Publishing.

so much in so less time...hats off Prabhakaran!!! _/\_

55.4. Prabhakaran Kuppusamy | Link |May 9, 2017 3:02:41 PM (400+ Posts, 300+ Likes)

Thanks a lot DarkHorse.
It means a lot to me.
Infosys was my first company where my growth on learning, teaching and writing has started.
I have moved out of Infosys (3 years ago) as soon as I have published my second book.
That is the reason, in this author page it is still showing as "Currently working at Infosys".
Now I''m in a organization where my technical skill and interest towards Economics overlaps.
I asked the publisher to update my profile, for which they told me to publish another book without which they cannot update :P
Please forgive me for spamming the message board.

55.5. TOPS | Link |May 9, 2017 3:59:40 PM

Prabhakaran

After studing pattern ( price movement & volume) how do u see scrip to perform in short & long term on your chart?

55.6. Prabhakaran Kuppusamy | Link |May 9, 2017 4:27:51 PM (400+ Posts, 300+ Likes)

Dear TOPS,
For predicting long-term trend, the company should be fundamentally strong (and cheap compared to its peers).
Then only we should go for technical analysis (as below).
Whenever a trade happens, it could be either on Limit-order or market-order.
Depending on this only we can predict.
Example, at 9:15 42k shares were traded through market-order (BUY) and at 9:18 33k shares were traded through market-order (SELL).
After that, there were three 50k-70k market-order (BUY) executed between 12:44pm to 2:00pm (and no big SELL order - greater than 20k).
Usually RII like me won''t be having money to BUY 70k shares; So we assume that those BUY orders were placed by strong-hands.
For a day, if number of such market-order (BUY) is greater than SELL (and delivery% is also on higher side), I can say that I''m bullish on it.
In addition to the price and average price of trade for whole day; calculated using exchange turnover, etc.,) to get broader view.

54. sunil s pareek | Link |May 9, 2017 2:03:47 PM

good volume action in CKP....weak hands getting out..

53. Prabhakaran Kuppusamy | Link |May 8, 2017 4:57:42 PM (400+ Posts, 300+ Likes)

Hi Harshit,
Here is the link https://online.cameoindia.com/ipostatus.aspx

53.1. HARSHIT SHETH | Link |May 9, 2017 12:13:44 PM

Thank you

52. jagadish abbigeri | Link |May 9, 2017 1:25:03 AM

INFOBEAN which was reciord breaking oversubscribed 32 times is Upper circuit for 1 day only, next day it gone down below listing price.

51. Prabhakaran Kuppusamy | Link |May 8, 2017 2:46:45 PM (400+ Posts, 300+ Likes)

Fingers crossed for wonderful listing tomorrow.
Once again, congratulations to all allottees.
Target of three digits is not too far.
I''m expecting it to reach three digits in 6-9 months (if the money is used exactly for the stated purpose).

Load more comments (1 replies)

51.2. coolaks | Link |May 8, 2017 6:39:28 PM

Does anyone have ICICI Bank account. Has anyone amount got debited. Mine is still not. I apply through icici bank account and amount still not debited.

51.3. KAUSHIK SHAH | Link |May 8, 2017 11:44:05 PM

It will open in UC tomorrow

50. HARSHIT SHETH | Link |May 8, 2017 4:40:05 PM

please let me know the link for allotment...

49. coolaks | Link |May 8, 2017 2:54:36 PM

Done anyone know when will be listing the registar is saying listing will be done after 2days. My amount is not yet debited and shares not credited. What to do pls help

48. coolaks | Link |May 8, 2017 1:19:09 PM

Has anyone amount got debited?. I have been allotment 3000 shares. still amount not got debited.

48.1. KAUSHIK SHAH | Link |May 8, 2017 2:29:10 PM

Got allotment and amount also debited

47. ~~IPOANALYSIS~~ | Link |May 8, 2017 12:12:49 AM

It''s billion dollar group. This stock should give excellent return if hold for long term.do remember their management have good experience and it''s going to be multibagger

47.1. Yashesh Ajmera | Link |May 15, 2017 11:27:56 AM

I agree, Sir. I would appreciate it if you continue to stay active here.

46. Dineshdhoot | Link |May 1, 2017 10:49:20 PM

5-6/-but one should hold 2months

46.1. TOPS | Link |May 7, 2017 9:13:40 PM

How much it can go after 2 mths

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