Cosmic CRF IPO description – The company supplies cold rolled stainless sections to renowned wagon manufacturers such as Titagarh Wagons Limited, Hindusthan Engineering & Industries Limited, Melbrow Engineering Works Private Limited, Jindal Rail Infrastructure Limited, Allied Construction Engineers & Fabricators, etc. In addition, the company also supplies cold rolled stainless sections to direct orders of the railways through tender procurement. Its product portfolio largely consists of cold-rolled stainless sections, such as fabricated items for railway, coach & wagons, cold-rolled formed items for wagons and coaches, cold-rolled formed items for infra companies and EPC projects, and products for roadways and national highways.
As of 31 March 2023, Cosmic CRF’s order book stood at INR 536.41 crore, out of which orders amounting to INR135.66 crore have been executed. Further, as of 31 March 2023, the company has completed 25 orders for the supply of cold rolled stainless sections and 23 orders are ongoing.
Pursuant to the Business Transfer Agreement dated 19 January 2022, the company acquired the CRF unit of Cosmic Ferro Alloys Limited. The purchase included a manufacturing unit in West Bengal spread over an area of approximately 3.82 acres together with plant, machinery, assets, and liabilities.
Promoters of Cosmic CRF – Aditya Vikram Birla
Table of Contents
Cosmic CRF IPO Details
| Cosmic CRF IPO Dates | 14 – 21 Jun 2023 (dates extended) |
| Cosmic CRF IPO Price | INR 298 – 314 per share (revised from INR 314 – 330) |
| Fresh issue | 18,22,000 shares (INR 54.3 – 57.21 crores) |
| Offer For Sale | NIL |
| Total IPO size | 18,22,000 shares (INR 54.3 – 57.21 crores) |
| Minimum bid (lot size) | 400 shares (INR 125,600) |
| Face Value | INR 10 per share |
| Retail Allocation | 74.99% |
| Listing On | BSE SME |
Cosmic CRF Financial Performance
| Â | FY 2022 | FY 2023 |
| Revenue | – | 12,148.90 |
| Expenses | – | 11,281.33 |
| Net income | (11.80) | 641.20 |
Cosmic CRF Offer News
- Cosmic CRF RHP
- Cosmic CRF Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Cosmic CRF Valuations & Margins
| FY 2022 | FY 2023 | |
| EPS | (2.52) | 13.50 |
| PE ratio | – | 23.26 – 24.44 |
| RONW (%) | (1.35) | 39.35 |
| NAV | 9.70 | 22.34 |
| ROCE (%) | (1.0) | 23.0 |
| EBITDA (%) | NA | 9.99 |
| Debt/Equity | 0.77 | 1.93 |
Cosmic CRF IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 26 June 2023 | – | – | – |
| 23 June 2023 | 5 | – | – |
| 22 June 2023 | 10 | – | 6,000 |
| 21 June 2023 | 8 | – | 5,000 |
| 20 June 2023 | 5 | – | 3,000 |
| 17 June 2023 | 5 | – | 3,000 |
| 16 June 2023 | 10 | – | 5,000 |
| 15 June 2023 | 10 | – | 5,000 |
| 14 June 2023 | 12 | – | 6,000 |
| 13 June 2023 | 15 | – | 6,000 |
| 12 June 2023 | 20 | – | 7,000 |
| 9 June 2023 | 20 | – | 7,000 |
Cosmic CRF IPO Subscription – Live Updates
| Category | Non- retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 432,800 | 1,298,000 | 1,730,800 |
| 21 Jun 2023 | 3.05 | 0.60 | 1.21 |
| 20 Jun 2023 | 2.55 | 0.52 | 1.03 |
| 19 Jun 2023 | 1.74 | 0.50 | 0.81 |
| 16 Jun 2023 | 1.67 | 0.51 | 0.80 |
| 15 Jun 2023 | 0.56 | 0.23 | 0.31 |
| 14 Jun 2023 | 0.23 | 0.08 | 0.12 |
Cosmic CRF Offer Lead Manager
HORIZON MANAGEMENT PRIVATE LIMITED
19 R N Mukherjee Road
Main Building, 2nd Floor
Kolkata- 700 001
Tel No: +91 33 46000607
Email:Â [email protected]
Website: www.horizonmanagement.in
Cosmic CRF Offer Registrar
MAS SERVICES LIMITED
T-34, 2nd Floor, Okhla Industrial Area,
Phase – II, New Delhi -110 020, Delhi, India
Phone:Â +91 112 638 7281/83, 4132 0335
Email:Â [email protected]
Website:Â www.masserv.com
Cosmic IPO Contact Details
COSMIC CRF LIMITED
19, Monohar Pukur Road,
Kolkata – 700 029, West Bengal, India
Phone: +91 810 086 2182
E-mail: [email protected]
Website: www.cosmiccrf.com
Cosmic CRF IPO Allotment Status
Cosmic IPO allotment status is now available on Mas Services’ website. Click on Mas Services IPO weblink to get allotment status.
Cosmic CRF IPO Dates & Listing Performance
| IPO Opening Date | 14 June 2023 |
| IPO Closing Date | 21 June 2023 |
| Finalization of Basis of Allotment | 26 June 2023 |
| Initiation of refunds | 27 June 2023 |
| Transfer of shares to demat accounts | 29 June 2023 |
| IPO Listing Date | 30 June 2023 |
| Opening Price on BSE SME | INR 251.20 per share (down 20%) |
| Closing Price on BSE SME | INR 238.65 per share (down 24%) |
IPO FAQs
What is the Cosmic CRF offer size?
Cosmic CRF offer size is INR 54.3 – 57.21 crores.
What is the Cosmic CRF offer price band?
Cosmic CRF public offer price is INR 298 – 314 per share.
What is the lot size of the Cosmic CRF IPO?
Cosmic CRF offer lot size is 400 shares.
What is Cosmic IPO GMP today?
Cosmic CRF IPO GMP today is NA per share.
What is the Cosmic kostak rate today?
Cosmic CRF kostak rate today is NA per application.
What is Cosmic Subject to Sauda rate today?
Cosmic CRF Subject to Sauda rate today is NA per application.
