IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 8,145,499 (60%) | — | ₹10,345 Cr |
| NII (HNI) | — | 1,357,583 (10%) | — | ₹1,724 Cr |
| Retail | — | 4,072,749 (30%) | — | ₹5,172 Cr |
| Σ Total | — | 13,575,831 (100%) | — | ₹172,413 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 | 55 | ₹6,985 |
| Retail (Max) | 13 | 715 | ₹90,805 |
| S-HNI (Min) | 14 | 770 | ₹97,790 |
| B-HNI (Min) | 67 | 3,685 | ₹467,995 |
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
- 1 Capital expenditure for the Railway Project – 80.30
- 2 Prepayment of Identified Loan Facilities – 59.05
- 3 General corporate purposes – 2.47
Company Overview
Incorporated in 1979, Commercial Engineers & Body Builders Co Limited is the producer of vehicle and locomotive bodies for diverse applications for road and railways transportation.
Company is one of the leading designers and manufacturers in India of vehicle bodies for the commercial vehicles industry with an extensive portfolio of product offerings. Company also conducts refurbishment of railway wagons as well as manufacturing of components for railway wagons, coaches and locomotives.