Captain Technocast Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 675,000 (47%) | — | ₹270 Cr |
| Retail | — | 675,000 (47%) | — | ₹270 Cr |
| Market Maker | — | 75,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,425,000 (100%) | — | ₹5,700 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹120,000 |
| Retail (Max) | 13 | 39,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To Meet Working Capital Requirement – 2.98
- General Corporate Expenses – 0.16
Company Overview
Incorporated in 2010, Captain Technocast Ltd is engaged in the business of manufacturering, export and supply of metal castings with high tensile, high-volume, complex thin wall investment castings and fully finished casting based sub-assemblies and components. CTL has variety of castings which includes Automotives Casting, Defense Casting, Industrial Valves Casting, Turbine Blades Casting, Industrial Process Pumps Casting, Power Plant Boiler Parts Casting, Aerospace Casting, Earth Moving Machinery Casting, Engineering & Automation Casting, Fire Fighting Equipments Casting, Structural Hardwares Casting and Marine Applications Casting.
This is the third group company going public with SME IPO. Earlier other two group companies Captain Polyplast Ltd [Nov 2013 offered at Rs. 30 - listed at Rs. 33-last trade Rs. 171 (17.07.17)] and Captain Pipes Ltd [Nov 2014 offered at Rs. 40 - opened at Rs. 41.90 – last trade at Rs. 97 (17.07.17)] went public with SME IPOs.
Competitive Strengths
1. Diverse Product Range covering different Industry verticals
2. Strong Engineering, Product Development and Technological Capabilities
3. Experienced and qualified team
4. Quality assurance
5. Cost effective production and timely fulfillment of orders