Comrade Appliances Limited is a manufacturer of Air Coolers and Electric Geysers. They are one of the leading manufacturers and suppliers of a wide range of Original Equipment Manufacturing (OEM) products. They manufacture consumer durable goods and assemble various products.
Their aim is to provide high-quality OEM/ODM home appliances at affordable prices. They market and manufacture products under their brand name “Comrade”. Their manufacturing facility is located at Palghar. Some of their OEM/ODM clients are Reliance Digital Reconnect, Flipkart Smartbuy, Croma, Sansui, Kelvinator, Singer, Kimatsu, Walton, Lazer, and Orient Electric.
Objects of the Issue:
- Working Capital Requirements
- General Corporate Purposes
Comrade Appliances IPO Review
- To be updated soon
Comrade Appliances IPO Date & Price Band Details
|IPO Open:||May 31, 2023|
|IPO Close:||June 5, 2023|
|IPO Size:||Approx ₹12.30 Crores, 2,278,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|IPO Price Band:||₹52 to ₹54 Per Equity Share|
|IPO Listing on:||BSE SME|
|Retail Quota:||35% of the net offer|
|QIB Quota:||50% of the net offer|
|NII Quota:||15% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors in IPO:||Click Here|
Comrade Appliances IPO Market Lot
The Comrade Appliances IPO minimum market lot is 2000 shares with a ₹108,000 application amount.
Comrade Appliances IPO Dates
The Comrade Appliances IPO date is May 31 and the IPO close date is June 5. The IPO allotment date is June 8 and the IPO might list on June 13.
|IPO Open Date:||May 31, 2023|
|IPO Close Date:||June 5, 2023|
|Basis of Allotment:||June 8, 2023|
|Refunds:||June 9, 2023|
|Credit to Demat Account:||June 12, 2023|
|IPO Listing Date:||June 13, 2023|
You can check IPO subscription status and IPO allotment status on their respective pages.
Comrade Appliances IPO Form
How to apply Comrade Appliances IPO? You can apply Comrade Appliances IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Comrade Appliances IPO in the Invest section. The other option you can apply Comrade Appliances IPO via IPO forms download via the BSE website. Check out the Comrade Appliances forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Comrade Appliances Company Financial Report
|₹ in Crores|
Comrade Appliances IPO Valuation – FY2022
Check Comrade Appliances IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹0.99 per Equity Share|
|Price/Earning P/E Ratio:||NA|
|Return on Net Worth (RoNW):||7.71%|
|Net Asset Value (NAV):||₹12.78 per Equity Share|
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Comrade Appliances IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Comrade Appliances IPO Allotment Status
Check Comrade Appliances IPO allotment status on Bigshare website URL. Click Here
Comrade Appliances IPO Lead Managers aka Merchant Bankers
- Gretex Corporate Services Pvt Ltd
Comrade Appliances Limited
Shop No. 39, Ground Level I,
Dewan Centre, 183-186, S.V. Road, Jogeshwari West,
Mumbai – 400102
Email: [email protected]
Comrade Appliances IPO FAQs
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