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Incorporated in 2016, Madhya Pradesh based Godha Cabcon & Insulation Limited is engaged in the business of manufacturing of ACSR/AAAC/AAC Conductors.
The company's sales/supply activities are tender/order based. It was successful in getting various tenders and orders from State Electricity Board in a timely manner. Few of the heavy tenders were from:
1) Madhya Pradesh Madhya Kshetra Vidyut Vitaran Co. Ltd. (Bhopal) for Rs 21 Crore in the year 2015 for AAAC Conductor. Earlier it received an order for Rs 25 Crores and in 2016 further received an order for Rs 12.5 Crores (extension) due to before time delivery and better quality of products.
2) Madhya Pradesh Poorva Kshetra Vidyut Vitaran Co. Ltd. for Rs 12.5 Crore in the year 2017 for AAAC Rabbit Conductor.
3) Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co. Ltd (Indore) for Rs 35 Crore in the year 2015 for AAAC Rabbit conductor.
It has 16 permanent employees at its manufacturing facility.
| Particulars | For the year/period ended (in Rs. Lacs) | |||||
|---|---|---|---|---|---|---|
| 31-Mar-17 | ||||||
| Total Assets | 1.28 | |||||
| Total Revenue | 0.00 | |||||
| Profit After Tax | (0.30) | |||||
The Objects of the issue of the Company:
1. To meet the Working Capital Requirements
2. To meet General Corporate Expenses
| Godha Cabcon Insulation IPO Date | Apr 27, 2018 to May 3, 2018 |
| Godha Cabcon Insulation IPO Face Value | ₹10 per share |
| Godha Cabcon Insulation IPO Price | ₹30 to ₹33 per share |
| Godha Cabcon Insulation IPO Lot Size | 4000 Shares |
| Issue Size | 3,000,000 shares of ₹10 (aggregating up to ₹9.90 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | The Promoters of the Company are Mrs. Madhu Godha, Mrs. Rupali Godha, and Mr. Dipesh Godha. |
The Godha Cabcon Insulation IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹132,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹132,000 |
| Retail (Max) | 1 | 4000 | ₹132,000 |
Broken FY18 workings with higher profits are bit surprising as it leads to attractive P/E. Cash surplus risk savvy investors may consider moderate investment for long tern at their own risk.
Read detail review...The Godha Cabcon Insulation IPO is subscribed 1.39 times on May 3, 2018 5:00:00 PM. The public issue subscribed 1.69 times in the retail category, times in the QIB category, and 1.10 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | 1.10 |
| Retail | 1.69 |
| Total | 1.39 |
| Listing Date | Friday, May 11, 2018 |
| BSE Script Code | |
| NSE Symbol | GODHA |
| Listing In | |
| ISIN | INE925Y01010 |
| IPO Price | ₹33 per share |
| Face Value | ₹10 per share |
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Godha Cabcon & Insulation Limited
36-D, Sector B,
Sanwer Road, Industrial Area
Indore-452 006
Phone: +91 731 4029 509
Email: compliance.godhacabcon@gmail.com
Website: http://www.godhacabcon.com
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
Godha Cabcon Insulation IPO is a SME IPO of 3,000,000 equity shares of the face value of ₹10 aggregating up to ₹9.90 Crores. The issue is priced at ₹30 to ₹33 per share. The minimum order quantity is 4000 Shares.
The IPO opens on Apr 27, 2018, and closes on May 3, 2018.
KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Godha Cabcon Insulation IPO opens on Apr 27, 2018 and closes on May 3, 2018.
Godha Cabcon Insulation IPO lot size is 4000 Shares and the minimum order quantity is .
You can apply in Godha Cabcon Insulation 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Godha Cabcon Insulation IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Godha Cabcon Insulation IPO allotment status.
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