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CKP Products IPO
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The CKP Group is a diversified business concern with global operations valued at over USD 1 billion. Headquartered in India, the group’s offices and subsidiary companies are strategically situated in the key hubs of the global economy – including Dubai, Singapore and Hong Kong. The Group’s track record can be traced back to 1995, when operations started with a civil and infrastructure construction company in India. Since, the Group has expanded into multiple geographies while focusing on five key sectors: BFSI, Electronics, Infrastructure, Renewable Energy, and Textiles.
A total of 11 concerns operating under the Group’s umbrella combine to generate annual turnover figures exceeding USD 300 million. While the Group uses its financial strength and geographical reach to create high-volume trading opportunities, it is also active in innovative sectors such as renewable energy that will power the future. The Group is currently exploring Europe with the aim of setting up a base in the continent that will help it link new markets in innovative ways.
Promoters of CKP Products – Prafulla Bhat and Dhrutish Kapadia
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CKP Products IPO details |
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| Subscription Dates | 26 – 28 April 2017 |
| IPO Price band | INR50 per share |
| Fresh issue | 1,248,000 shares (INR6.24 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,248,000 shares (INR6.24 crore) |
| Minimum bid (lot size) | 3,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge platform |
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CKP Products’ financial performance (in INR crore) |
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FY2016 |
9M FY2017 |
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| Total revenue | 72.63 | 112.56 |
| Total expenses | 71.04 | 110.61 |
| Profit after tax | 1.06 | 1.24 |
| Day |
Subscription (no. of times) |
| Day 1 | 0.50 |
| Day 2 | Â 1.70 |
| Day 3 | 4.63 |
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CKP Products Limited
404, 4th Floor, Kaveri Complex, Jagannath Mandir Road
Sakinaka, Mumbai – 400 072
Phone:Â +91 22Â 6105 0908
Email: [email protected]
Website:Â www.ckpproducts.in
Earnings Per Share (EPS): INR8.08
Price/Earnings (P/E) ratio:Â 6.19
Return on Net Worth (RONW): 58.71%
Net Asset Value (NAV): INR24.09 per share
Cameo Corporate Services LimitedÂ
Subramanian Bldg, No. 1 Club House Road,
Chennai – 600 002
Tamil Nadu, India
Phone: +91 44Â 2846 0390
Fax: +91 44 2846 0129
Email: [email protected]
Website: http://cameoindia.com
CKP Products IPO allotment status is now available on Cameo Online website. Click on this link to get allotment status
IPO Opening Date: 26 April 2017
IPO Closing Date: 28 April 2017
Finalisation of Basis of Allotment: 4 May 2017
Initiation of Allotment: 5 May 2017
Credit of Equity Shares to demat accounts: 8 May 2017
Listing Date: 9 May 2017
Listing Price on NSE SME:Â INR50 per share (no change from IPO price)
Closing Price on NSE SME: INR50.15 per share (up 0.3% from IPO price)
What to do in CKP IPO? Help pls
Nice IPO, go for it. Will give good returns.
Chances of Any premium on listing day?????