CKP Products Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 591,000 (47%) | — | ₹296 Cr |
| Retail | — | 591,000 (47%) | — | ₹296 Cr |
| Market Maker | — | 66,000 (5%) | — | ₹3 Cr |
| Σ Total | — | 1,248,000 (100%) | — | ₹6,240 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 | ₹150,000 |
| Retail (Max) | 13 | 39,000 | ₹1,950,000 |
| S-HNI (Min) | 14 | 42,000 | ₹2,100,000 |
| B-HNI (Min) | 67 | 201,000 | ₹10,050,000 |
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
- Funding Working Capital Requirements – 2.81
- Incorporation and Capitalization of Overseas Subsidiary in Ras Al Khaimah (RAK), UAE – 1.90
- General Corporate Purposes – 1.00
Company Overview
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.