Godha Cabcon & Insulation Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,420,000 (47%) | — | ₹469 Cr |
| NII (HNI) | — | 426,000 (14%) | — | ₹141 Cr |
| Retail | — | 994,000 (33%) | — | ₹328 Cr |
| Market Maker | — | 160,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 3,000,000 (100%) | — | ₹9,900 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 | 4,000 | ₹132,000 |
| Retail (Max) | 13 | 52,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,844,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-17 |
|---|---|
| Revenue | 0 |
| Profit After Tax | 0 |
| Total Assets | 1 |
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 To meet the Working Capital Requirements – 7.65
- 2 To meet General Corporate Expenses – 1.23
Company Overview
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.