Cool Caps Industries is engaged in the business of manufacturing a range of plastic bottle caps and closures such as plastic soda bottle caps, plastic soft drink bottle caps, plastic mineral water bottle caps, and plastic juice bottle caps
| Bidding Dates |
|---|
| 10 Mar 2022 - 15 Mar 2022 |
| Subscription |
|---|
| 7.91x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,14,000 | 1 | 1 | 3000 | 3.1 M | ₹36 - ₹38 | 73.53 % | ₹110.2 M - ₹116.3 M | RHP DOC |
Cool Caps Industries IPO SUBSCRIPTION STATUS
15 Mar '22Cool Caps Industries IPO overall subscription rate was 7.91 times the total available shares
Cool Caps Industries IPO retail subscription rate was 11.25 times in the retail segment
Cool Caps Industries IPO non-institutional investor subscription rate was 4.57 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
15 Mar 2022 (Day 4) | 11.25x | 4.57x | - |
11 Mar 2022 (Day 2) | 2.25x | 0.25x | - |
14 Mar 2022 (Day 3) | 5.81x | 1.04x | - |
10 Mar 2022 (Day 1) | 0.9x | 0.18x | - |
Cool Caps Industries FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| 6MFY21 | 13.4 | 187.3 | 0.3 | -0.8 |
| FY21 | 29.2 | 311.3 | 44.6 | -120.9 |
Cool Caps Industries IPO SUBSCRIPTION STATUS DETAILS
Cool Caps Industries had 3.1 M shares on offer
Cool Caps Industries IPO offer price was in the range ₹36 - ₹38
Cool Caps Industries IPO minimum Investment was ₹114000
Cool Caps Industries IPO issue size was ₹ 110.2 M - ₹ 116.3 M
Cool Caps Industries had a minimum lot size of 3000 Shares per application
Cool Caps Industries NUMBER OF SHARES ON OFFER
Cool Caps Industries IPO IMPORTANT DATES
| Issue Open Date | 10 Mar 2022 |
| Issue close Date | 15 Mar 2022 |
| Allotment Date | 21 Mar 2022 |
| Refund Date | 22 Mar 2022 |
| Demat Account Credit Date | 23 Mar 2022 |
| Listing Date | 24 Mar 2022 |
| Listing on Exchange(s) | NSE |
| Cool Caps Industries Allotment Status | Exchange |
Cool Caps Industries IPO subscription opened on 10 Mar 2022, and closed on 15 Mar 2022
IPO allotment for Cool Caps Industries was finalized on Monday, 21 Mar 2022
IPO listing for Cool Caps Industries was on NSE on Thursday, 24 Mar 2022
Cool Caps Industries IPO LISTING GAINS
| Issue Price (adjusted) | 3.8 |
| Listing Open Price | 35.9 |
| Listing Close Price | 37.6 |
| Listing Gain% | -5.5% |
| Current Gain% | 465.8% |
Cool Caps Industries Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cool Caps Industries Ltd. | 21.5 | 24.9 | 30.2 | -0.3 | 0 | 10.7 | 3 | 556.9 | 104.9 | 8.4 | -30.1 | 0.7 | -93.1 |
| Supreme Industries Ltd. | 3442 | 43722.7 | 42.4 | 2.6 | 3.9 | 15.5 | 12.2 | 11262.5 | 7.2 | 954 | -0.7 | 81.3 | 16 |
| Astral Ltd. | 1444 | 38793.1 | 72.3 | 29.6 | 5.9 | 13.2 | 9.2 | 6615.9 | 12.6 | 536.6 | 2.4 | 20 | 2.4 |
| Shaily Engineering Plastics Ltd. | 3162.3 | 14531.6 | 82.2 | 1.6 | 14.2 | 23.7 | 14.8 | 998.4 | 26.5 | 169.9 | 82.5 | 38.5 | 51.3 |
| Finolex Industries Ltd. | 164.4 | 10202.5 | 16.6 | 0.3 | 2.6 | 9.6 | 7.9 | 4324.8 | -1.5 | 599 | -25.1 | 9.9 | 54.8 |
| Time Technoplast Ltd. | 204.9 | 10113.6 | 20.6 | 1 | 1.6 | 11.5 | 8.3 | 6114.4 | 11.9 | 468.7 | 20.8 | 9.9 | 21.3 |
Cool Caps Industries INFORMATION ON IPO ISSUE
About Cool Caps Industries
Cool Caps Industries is engaged in the business of manufacturing a range of plastic bottle caps and closures such as plastic soda bottle caps, plastic soft drink bottle caps, plastic mineral water bottle caps, and plastic juice bottle caps
Object of the Issue
- Fund working capital requirements
- Meet general corporate purposes
Cool Caps Industries - PROMOTERS
| Name |
|---|
| Rajeev Goenka |
| Vanshay Goenka |
Cool Caps Industries Lead Manager
Holani Consultants Private Limited
ipo@holaniconsultants.co.in
Cool Caps Industries Registrar to the issue
Link Intime India Private Limited
coolcaps.ipo@linkintime.co.in
Cool Caps Industries Strengths
Experienced management & work force
The company is managed by a team of an experienced and seasoned professionals with experience in different aspects of the plastic industry
Established manufacturing facility
Manufacturing units are equipped and capable to carry out end-to-end manufacturing activities starting from designing of products to the production and testing of finished goods and packaging thereafter
Focus on quality and safety
The company believes in qualitative manufacturing and adheres to various qualitative standards and parameters associated with the product
Cool Caps Industries Risks
Outstanding litigations
There are outstanding litigations involving the company, the promoters and the directors, which, if determined, may affect the business, operations and reputation
Contingent liabilities and commitments
The company has certain contingent liabilities and commitments, which may adversely affect financial condition
IPO FAQs
Cool Caps Industries Ltd. IPO listing opened at Rs 35.90 while the issue price was Rs 38.00 giving -5.53% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 3.80 giving 465.79% gains since its IPO listing.
The promoters of the company are Rajeev Goenka and Vanshay Goenka.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 36.0 - 38.0.
The IPO application opens on Mar 10, 2022 and closes on Mar 15, 2022.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 114,000.0, the maximum value for this IPO is Rs 114,000.0.
This IPO will be allotted on Mar 21, 2022.
The refund will be credited to your account on Mar 22, 2022.
The allotted shares will be credited to your demat on Mar 23, 2022.
Cool Caps Industries Ltd.’s shares listed on the stock exchanges on Mar 24, 2022.