Creative Peripherals and Distribution IPO

 

Creative Peripherals & Distribution IPO

Creative Peripherals & Distribution IPO

 

Incorporated in 2004, Creative Peripherals & Distribution is engaged in the business of distribution of IT products, Imaging, Lifestyle and Telecom products. The company operates out of its 20 branches covering the geographical territories of the country. The company commenced its operations with distribution of IT products and started with distribution of Microsoft hardware, Epson Printers, AOC TFT Monitor and continued adding newer products/brands to portfolio.

Engaged in distribution business, the company has partnered with a number of renowned brands for distribution in the country such as Rapoo Technologies Limited, Lino Manfrotto + Co S.p.a, Transcend Information Inc, ViewSonic International Corporation, Olympus Corporation, Belkin Inc, Zioncom (Hong Kong) Technology Limited, Apple India Private Limited, Sennheiser Electronics India Private Limited, Gopro Cooperatief U.A, TPV Technology India Private Limited, Printronix, SIEPL India Electronics Private Limited, Vintron Infronatics Limited and Samsung India Electronics Private Limited specialising in IT, Lifestyle, Imaging and telecom products.

The company operates in the indirect sales model and it plays the role of supply chain consolidator between several IT manufacturers and many IT channel partners. It operates with a dealer network of around 6,000 dealers. It acts on a principal to principal basis, purchasing in bulk from the vendors and further down selling them to resellers/sub-distributors/ system integrators and retailers. It purchases from vendors and sells only to channel partners who are typically corporate resellers, retailers and systems integrators.

Promoters of Creative Peripherals & Distribution – Ketan Patel

Creative Peripherals & Distribution IPO details

Subscription Dates 29 Mar – 3 Apr 2017
IPO Price band INR71 – 75 per share
Fresh issue 1,800,000 shares (INR13.5 crore at upper band)
Offer for sale Nil
Total IPO size 1,80,000 shares (INR13.5 crore at upper band)
Minimum bid (lot size) 1,600 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On NSE Emerge platform

 

Creative Peripherals & Distribution’ financial performance (in INR crore)

FY2012 FY2013 FY2014 FY2015 FY2016 6M FY2017
Total revenue 124.2 126.6 140.1 184.6 198.8 91.0
Total expenses 123.4 125.3 137.9 183.5 197.6 90.3
Profit after tax 0.5 0.9 1.6 0.8 0.7 0.5

Creative Peripherals & Distribution Limited
B-215, Mandpeshwar Industrial Premises Cooperative, Opp. MCF Club, Off SVP Road
Borivali (W), Mumbai- 400 092

Phone: +91 022 4246 0777
Email: [email protected]
Website: www.ecreativeindia.com

Day Subscription (no. of times)
Day 1  0.10
Day 2  0.30
Day 3  0.85
Day 4  1.62

 

Creative Peripherals & Distribution IPO allotment status is available on Bigshare Services Private Limited website. Click on this link to get allotment status.

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

Phone: +91 22 4043 0200 
Fax:
+91 22 2847 5201
Email:
[email protected]
Website: www.bigshareonline.com

IPO Opening Date: 29 March 2017

IPO Closing Date: 3 April 2017

Finalisation of Basis of Allotment: 7 April 2017

Initiation of refunds: 10 April 2017

Transfer of shares to demat accounts: 11 April 2017

Listing Date: 12 April 2017

Listing Price on NSE SME: INR75.75 per share (return of 1% over IPO price)

Closing Price on NSE SME: INR83.25 per share (return of 11% over IPO price)

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