Godha Cabcon & Insulation IPO is set to make its debut on 27 April 18 with 22.81 Cr is a software company which caters to Architecture, Engineering, and Construction.
Godha Cabcon & Insulation IPO – overview
| IPO Dates | 27 April – 3May 18 |
| IPO Price | INR 33 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 3,000,000 shares (INR 9.90 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
Incorporated in 2016, Madhya Pradesh based Godha Cabon & Insulation Limited is engaged in the business of manufacturing of ACSR/AAAC/AAC Conductors.
The company’s sales/supply activities are tender/order based. It was successful in getting various tenders and orders from the State Electricity Board in a timely manner. Few of the heavy tenders were from:
1) Madhya Pradesh Madhya Kshetra Vidyut Vitaran Co. Ltd. (Bhopal) for Rs 21 Crore in the year 2015 for AAAC Conductor. Earlier it received an order for Rs 25 Crores and in 2016 further received an order for Rs 12.5 Crores (extension) due to before time delivery and better quality of products.
2) Madhya Pradesh Poorva Kshetra Vidyut Vitaran Co. Ltd. for Rs 12.5 Crore in the year 2017 for AAAC Rabbit Conductor.
3) Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co. Ltd (Indore) for Rs 35 Crore in the year 2015 for AAAC Rabbit conductor.
It has 16 permanent employees at its manufacturing facility.
Objects of the Issue
1 To meet the Working Capital Requirements
2. To meet General Corporate Expenses
Company Financials
| Particulars | 31-Mar-17 |
| Total Assets | 1.28 |
| Total Revenue | 0 |
| Profit After Tax | 0.30 |
Company Contact Information
Godha Cabcon & Insulation Limited
36-D, Sector B,
Sanwer Road, Industrial Area
Indore-452 006
Phone: +91 731 4029 509
Email: compliance.godhacabcon@gmail.com
Website: http://www.godhacabcon.com
Godha Cabcon Insulation IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/
Godha Cabcon Insulation IPO Lead Manager(s)
- Mark Corporate Advisors Private Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
