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Open
27 Apr to 3 May, 2018
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Close
27 Apr to 3 May, 2018
3
Allotment
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Listing
Fri, May 11, 2018
Price Band
₹30 to ₹33
Issue Size
30,04,000 shares (agg. up to ₹10 Cr)
Lot Size
4,000 Shares
Listing Date
Fri, May 11, 2018
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.64x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Oct 2017 | 31 Mar 2017 |
|---|---|---|
| Assets | 26.61 | 0.01 |
| Total Income | 21.23 | 0.00 |
| Profit After Tax | 0.93 | -0.00 |
| NET Worth | 6.82 | 0.01 |
| Reserves and Surplus | 0.93 | -0.00 |
| Total Borrowing | 15.96 | |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Dynamic Cables Ltd. | SME | ₹23.38 Cr | ₹40 | null | ₹48.00 | +20.00% | ₹393.30 (+1.26%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet the Working Capital Requirements | 7.65 |
| 2 | To meet General Corporate Expenses | 1.23 |
About Godha Cabcon IPO
Incorporated in 2016, Madhya Pradesh based Godha Cabcon & 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 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.+ Read More
Contact Details
Godha Cabcon & Insulation Ltd. Address36-D, Sector BSanwer RoadIndustrial AreaIndore, Madhya Pradesh, 452006+91 731 4029 509compliance.godhacabcon@gmail.comVisit Website