Captain Technocast IPO


Captain Technocast IPO

Captain Technocast IPO

Captain Technocast Limited is engaged in manufacturing of metal casting with high tensile, high-volume, complex thin-wall investment castings and fully-finished casting-based subassemblies and components. The company has been awarded with an ISO: 9001:2015 certificate for Manufacturing of Investment Casting and its Machined Components. Its manufacturing facility is situated at Shapar (Veraval), Rajkot, Gujarat, India. Captain Technocast manufactures and supplies a diverse range of casting including Automotives Casting, Defense Casting, Industrial Valves Casting, Turbine Blades Casting, Industrial Process Pumps Casting, Power Plant Boiler Parts Casting, Aerospace Casting, Earth Moving Machinery Casting, Engineering & Automation Casting, Fire Fighting Equipments Casting, Structural Hardwares Casting and Marine Applications Casting etc.

Its development process includes design, development, validation, testing, manufacturing, delivery and aftermarket sale service for a wide range of technology-intensive auto component products. The company regularly works directly with customers, helping to design, innovative and cost-effective solutions. In this way, it acts as a partner as well as a supplier to its customers.

Promoters of Captain Technocast – Rameshbhai Devrajbhai Khichadia, Gopal Devrajbhai Khichadia, Anilbhai Vasantbhai Bhalu, Shailesh Karshanbhai Bhut, Komalben S Bhut, Smit Vaghjibhai Bhalu and Dharmesh Pansuriya

Captain Technocast IPO details

Subscription Dates 20 – 24 July 2017
IPO Price band INR40 per share
Fresh issue 1,425,000 shares (INR5.7 crore)
Offer for sale Nil
Total IPO size 1,425,000 shares (INR5.7 crore)
Minimum bid (lot size) 4,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform

Captain Technocast’s financial performance (in INR lakh)

FY2013 FY2014 FY2015 FY2016 FY2017
Total revenue 424.6 842.2 1,086.7 1,094.7 1,667.6
Total expenses 403.7 753.7 1,012.4 993.3 1,401.4
Profit after tax -27.2 18.3 9.6 26.1 132.2

Captain Technocast Limited
Survey No-257, Plot No. 4,
N.H. No. 8-B, Shapar (Veraval),
Rajkot – 360 002

Phone: +91 2827 252411
Email: [email protected]


Subscription (no. of times)

Day 1 0.46
Day 2 1.72
Day 3 13.80


Earnings Per Share (EPS): INR3.22

Price/Earnings (P/E) ratio: 12.42

Return on Net Worth (RONW): 23.19%

Net Asset Value (NAV): INR13.87 per share

Bigshare Services Private Limited 
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072

Phone: +91 22 4043 0200 
+91 22 2847 5201
 [email protected]

Captain Technocast IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.

IPO Opening Date: 20 July 2017

IPO Closing Date: 24 July 2017

Listing Date: 1 August 2017

Listing Price on BSE SME: INR48 per share (up 20% from IPO price)

Closing Price on BSE SME: INR48 per share (up 20% from IPO price)



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