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IPO Synopsis  
Cospower Engineering Ltd
Registered Office: [ S No 134 Village-Wakipada , Pazar Talao Road Nalgaon East , Palghar - 401208 , Maharashtra , India.
                                  Phone:   Fax:
                                  Email: accounts@cospowerindia.com  
                                  Website: www.cospowerindia.com
Public Issue upto 4,00,000 equity shares of face value of Rs10 each of Cospower Engineering Limited (the "company" or the "issuer") for cash at a price of Rs51 per equity share including a share premium of Rs41 per equity share (the "issue price") aggregating to Rs2.04 Crores ("the issue"), of which upto 24,000 equity shares of face value of Rs10 each for cash at a price of Rs51 per equity share including a share premium of Rs41 per equity share aggregating to Rs0.12 Crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue upto 3,76,000 equity shares of face value of Rs10 each at a price of Rs51 per equity share aggregating to Rs1.92 Crores is herein after referred to as the "net issue". The issue and the net issue will constitute 26.67% and 25.07% respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs10 and the offer price is 51 and is 5.1 times of the face value. Minimum Application Size of 2000 equity shares and in multiples of 2000 equity shares thereafter.
 
Issue Money Payable On
Opens On Closes On Application Allotment
17-Mar-20 19-Mar-20 Rs 51.00-0.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 2000   Further Multiples of : 2000
 
  Rs Cr Lead Managers to the Issue
Project Cost 2.04 Shreni Shares Pvt Ltd
Project Financed through Current Offer 2.04  
Post Issue Equity Share Capital 1.50  
Issue Price Rs.51.00  
 
Projects
To Meet the Working Capital Requirements  General Corporate Purpose 
 
Promoted By
Oswald Rosario Dsouza 
Felix Shridhar Kadam 
Listing At
BSE - SME 
Registrar to the Issue
No Data Found.
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