✓
Open
31 May to 5 Jun, 2023
✓
Close
31 May to 5 Jun, 2023
3
Allotment
—
✓
Listing
Tue, Jun 13, 2023
Price Band
₹52 to ₹54
Issue Size
22,78,000 shares (agg. up to ₹12 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Jun 13, 2023
Latest GMP
₹25
Est. Gain
46.3%
✦ AI Insight
GMP Trend
13-06-2023₹25Est. ₹79+46.3%
12-06-2023₹21Est. ₹75+38.89%
11-06-2023₹20Est. ₹74+37.04%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 54.59x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 27.53 | 25.27 | 31.41 | 16.79 |
| Total Income | 26.99 | 29.73 | 26.04 | 21.62 |
| Profit After Tax | 1.64 | 0.39 | 0.20 | 0.42 |
| NET Worth | 6.89 | 5.02 | 2.42 | 2.93 |
| Reserves and Surplus | 1.64 | -0.15 | -0.91 | -0.39 |
| Total Borrowing | 17.66 | 11.14 | 14.12 | 4.01 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Arham Technologies Ltd. | SME | ₹9.58 Cr | ₹42 | 13.82 | ₹63.00 | +50.00% | ₹213.40 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 7.20 |
| 2 | General Corporate Purposes | 2.31 |
About Comrade Appliances IPO
Updated on Aug 5, 2026
Contact Details
Comrade Appliances Ltd. AddressShop No.39, Ground Level IDewan Centre, 183-186, S.V.Road, Jogeshwari WestMumbai, Maharashtra, 400102022-66959545info@comrade.net.inVisit Website