Cool Caps IPO DescriptionÂ
The company is mainly engaged in the business of manufacturing Plastic Bottle Caps and closures including plastic soda bottle caps, plastic soft drink bottle caps, plastic mineral water bottle caps and plastic juice bottle caps from units situated in Howrah, West Bengal and Kotdwar, Uttarakhand. Apart from plain closures, the company also manufactures embossed, debossed and printed closures as per client specifications. The company manufactures caps and closures in Continuous Compression Molding Machine imported from Sacmi Inc, Italy with Cool + Technology using 100% virgin food grade quality material.
Cool Caps is also in the business of manufacturing face masks and the products include Mask on Plus N95 FFP2 Mask, Mask on N95 FFP2 Mask and N95 FFP2 Mask from unit situated in Howrah, West Bengal.
In addition to the supply of pet bottle caps, the company also trades in Shrink film as an additional service to its existing customers. Cool Caps is also involved in trading of plastic granules besides using it as a raw material for its own consumption.
Promoters of Cool Caps Industries – Rajeev Goenka, Vanshay Goenka and M/s Purv Flexipack Private Limited
Cool Caps IPO Details
| Subscription Dates | 10 – 15 March 2022 |
| Price Band | INR36 – 38 per share |
| Fresh issue | 3,060,000 shares (INR11.63 crore) |
| Offer For Sale | Nil |
| Total IPO size | 3,060,000 shares (INR11.63 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Cool Caps Industries’ Financial Performance
| Â | FY2019 | FY2020 | FY2021 | H1 FY2022 |
| Revenue | 19.20 | 25.75 | 31.30 | 18.87 |
| Expenses | 17.62 | 21.42 | 27.24 | 17.02 |
| Net income | 1.37 | 3.21 | 2.92 | 1.33 |
Cool Caps Industries Offer News
Cool Caps Offer Valuation (as of FY2021)
Earnings Per Share (EPS): INR3.43
Pre-IPO Price/Earnings (PE ratio): 10.50 – 11.08
Return on Net Worth (RONW): 17.90%
Net Asset Value (NAV): INR19.18 per share
Cool Caps IPO GMP Daily Trend
| Date | Cool Caps IPO GMP | Kostak | Subject to Sauda |
Cool Caps IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
| Shares Offered | 1,530,000 | 1,530,000 | 3,060,000 |
| Day 1 | 0.17 | 0.85 | 0.51 |
| Day 2 | 0.24 | 2.13 | 1.18 |
| Day 3 | 0.99 | 5.52 | 3.25 |
| Day 4 | 4.34 | 10.67 | 7.50 |
Cool Caps Offer Registrar
Link Intime India Private LimitedÂ
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone:Â +91 22 4918 6200
Fax:Â +91 22 4918 6195
Email:Â [email protected]
Website:Â www.linkintime.co.in
Cool Caps Industries Contact Details
Cool Caps Industries Limited
23 Sarat Bose Road,
Flat No. 1C, 1st Floor,
Kolkata – 700020, West Bengal
Phone:Â +91 9903921338
Email:Â [email protected]
Website:Â www.coolcapsindustries.in
Cool Caps IPO Allotment Status
Cool Caps IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Cool Caps IPO Timetable
| IPO Opening Date | 10 March 2022 |
| IPO Closing Date | 15 March 2022 |
| Finalisation of Basis of Allotment | 21 March 2022 |
| Initiation of refunds | 22 March 2022 |
| Transfer of shares to demat accounts | 23 March 2022 |
| Listing Date | 24 March 2022 |
| Opening Price on NSE | INR35.9 per share (down 5.53% from IPO price) |
| Closing Price on NSE | INR37.35 per share (down 0.92% from IPO price) |
Cool Caps IPO FAQs
What is Cool Caps IPO offer size?
Cool Caps offer size is INR11.63 crore.
What is Cool Caps IPO Price Band?
Cool Caps public offer price band is INR36 – 38 per share.
What is the lot size of Cool Caps IPO?
Cool Caps offer lot size and the minimum order is 3,000 shares.
What is Cool Caps IPO GMP today?
Cool Caps IPO GMP today is NA per share.
What is Cool Caps kostak rate today?
Cool Caps kostak rate today is NA per application.
What is Cool Caps Subject to Sauda rate today?
Cool Caps Subject to Sauda rate today is NA per application.
