Business description – Godha Cabcon & Insulation is one of the leading manufacturer of ACSR/AAAC/AAC Conductors. It is one of the leading companies in the State of Madhya Pradesh and has latest machines having best technology. Its manufacturing unit is located at 36-D, Sector B, Industrial Area, Sanwer Road, Indore – 452 006, Madhya Pradesh. The company’s product range includes All Aluminium Alloy Conductor (AAAC), Aluminium Conductor Steel Reinforced (ACSR Conductor), All Aluminium Conductor (AAC Conductor).
Promoters of Godha Cabcon & Insulation – Mrs Madhu Godha, Mrs Rupali Godha and Mr Dipesh Godha
| Godha Cabcon & Insulation IPO details | |
| Subscription Dates | 27 Apr – 3 May 2018 |
| IPO Price band | INR30 – 33 per share |
| Fresh issue | 3,000,000 shares (INR9.9 crore) |
| Offer for sale | Nil |
| Total IPO size | 3,000,000 shares (INR9.9 crore) |
| Minimum bid (lot size) | 4,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge SME platform |
Use of funds
- Working Capital Requirements – INR7.65 crore
- General Corporate Purposes – INR1.23 crore
- Issue Expenses – INR1.02 crore
| Godha Cabcon & Insulation’s financial performance (in INR lakh) | ||||||
| FY2017 | 7M FY2018 | |||||
| Total revenue | 0.0 | 2,123.4 | ||||
| Total expenses | 0.3 | 1,983.9 | ||||
| Profit after tax | -0.3 | 93.4 | ||||
Godha Cabcon & Insulation’s Contact Details
Godha Cabcon & Insulation Limited
36-D, Sector B
Sanwer Road, Industrial Area
Indore – 452 006
Phone: +91 731 4029 509
Email: [email protected]
Website:Â www.godhacabcon.com
Godha Cabcon & Insulation IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.03 |
| Day 2 | 0.12 |
| Day 3 | 0.48 |
| Day 4 | 1.32 |
Godha Cabcon & Insulation Valuation (Latest FY)
Earnings Per Share (EPS): – INR2.02
Price/Earnings (P/E) ratio: NA
Return on Net Worth (RONW): -25.29%
Net Asset Value (NAV): NA
Registrar of Godha Cabcon & Insulation IPO
Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana
Phone:Â +91 40 6716 2222Â
Fax:Â +91 40 2343 1551Â
Email:Â [email protected]
Website:Â www.karvycomputershare.com
Godha Cabcon & Insulation IPO Allotment Status
Godha Cabcon & Insulation IPO allotment status is now available on Karvy Computershare’s website. Click on this link to get allotment status.
Listing performance of Godha Cabcon & Insulation
IPO Opening Date: 27 April 2018
IPO Closing Date: 3 May 2018
Listing Date: 11 May 2018
Listing Price on NSE SME: INR31.9Â per share (down 3.33% from IPO price)
Closing Price on NSE SME: INR33.05 per share (up 0.15% from IPO price)
