CRP Risk Management IPO is all about to make its debut on 18 Jan 2018 with issue size of INR 30.82 Cr
Mumbai-based CRP Risk Management Limited is a risk management and risk reduction company that was founded in 2000. Critical information for big and mid-sized corporations is verified by CRP Risk. Employee Background Checks & Credit Verification Agency Services were the firm’s first areas of expertise. Later, the company evolved into an integrated risk mitigation solutions provider with a skilled management team and global best practises.
The business portfolio of CRP Risk Management is divided into three sectors:
1. BFSI (Corporate) related verification, including examination of retail and corporate loans and claims
2. Retail KYP check for a range of services, such as housekeepers, drivers and electricians.
3. Veterinary Division: Animal & Fish Food, Poultry Feed Enzymes, and Other Related Products.
INDUSTRY OVERVIEW
According to ISO 31000, risk management is the process of detecting, evaluating, and prioritising risks that might have an influence on goals, then using resources to reduce, monitor, and control the likelihood or impact of unfavourable occurrences. Risk management seeks to prevent uncertainty from impeding company objectives. Risks can come from a number of different places, such as the financial markets, failed projects, legal responsibilities, and natural calamities. Depending on the context, such as project management, security, or public health and safety, different risk management techniques and objectives are used. While opportunities are undetermined future situations with advantages, risks may be managed by avoiding, minimising, transferring, or preserving their effects.
The ideal risk management method balances the prioritisation of risks with the highest loss and chance of occurrence first, however assigning resources for risk management may be difficult. The productivity of an organisation can also be impacted by intangible risks, such as knowledge, relationship, and process-engagement risks, which can also have an adverse effect on its profitability, level of service, and reputation.
CRP Risk Management IPO Details
| IPO Date | Jan 18, 2018 to Jan 22, 2018 |
| Listing Date | Jan 31, 2018 |
| Face Value | ₹10 per share |
| Price | ₹60 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 5,136,000 shares(aggregating up to ₹30.82 Cr) |
| Fresh Issue | 4,000,000 shares(aggregating up to ₹24.00 Cr) |
| Offer for Sale | 1,136,000 shares of ₹10(aggregating up to ₹6.82 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Company Financial
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | 4M FY2018 | |
| Total revenue | 76.8 | 98.8 | 92.3 | 74.7 | 82.1 | 24.6 |
| Total expenses | 64.0 | 84.1 | 79.4 | 65.1 | 69.5 | 20.6 |
| Profit after tax | 4.5 | 5.1 | 4.2 | 1.8 | 5.0 | 1.6 |
Objects of the Issue
The Issue comprises a Fresh Issue by our Company and an Offer for Sale by the Selling Shareholder.
1. The Offer for Sale
The Selling Shareholder will be entitled to the proceeds of the Offer for Sale. Company will not receive any proceeds from the Offer for Sale.
2. The Fresh Issue
The Net Proceeds from the Fresh Issue are proposed to be utilized towards the following objects:
a. Prepayment or repayment of a portion of loan facilities availed by the Company
b. Purchase of Computer Hardware and Office Equipment
c. Meeting Additional Working Capital Requirements
d. Additional Infrastructure at its Registered Office and Corporate Office at Mumbai
e. Marketing and Brand Building
f. General Corporate Purposes
CRP Risk Management IPO Prospectus
Company Contact Information
CRP Risk Management Ltd
C 110, Classique Centre,
Off. Mahakali Caves,
Andheri (East), Mumbai 400 093
Phone: +91 22 4211 6000
Email: compliance@crp.co.in
Website: http://crp.co.in/
CRP Risk Management IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: Mumbai@skylinerta.com
Website: https://www.skylinerta.com/
CRP Risk Management IPO Lead Manager(s)
- Inventure Merchant Banker Services Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
