
Textiles & Apparel · NSE
Incorporated in 2012, C P S Shapers Limited manufactures shapewear products for men and women. The company sells its products under two brands — “Dermawear” and “YDIS (Your Dress Is Shapewear)” — through both online and offline channels. Its product range includes saree shapewear, tummy reducers, sports bras, mini shapers, slimmer jeans, active pants, and other shapewear items. C P S Shapers has a PAN-India presence with distributors across 28 states and 8 Union Territories, and also exports to Canada, Germany, Australia, the UK, and the USA. The company’s manufacturing unit is based in Meerut (Uttar Pradesh) with warehousing facilities in Palghar (Maharashtra) and Tiruppur (Tamil Nadu).
Price Band
₹185
Issue Size
₹11.10 Cr
Lot Size
600 shares
GMP
+108.1%
Est. Listing
₹385
at current GMP
Subscribed
245.28x
overall
Open
29 Aug 2023
Close
31 Aug 2023
Allotment
4 Sep 2023
Refund
5 Sep 2023
Demat Credit
6 Sep 2023
Listing
8 Sep 2023
Overall Subscription
245.28x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
189.54x
High Net-Worth
Retail (RII)
301.03x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 284,400 | 53,904,000 | 189.54x |
| RETAIL | 284,400 | 85,611,600 | 301.03x |
| Total | 568,800 | 139,515,600 | 245.28x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 350 | 105,360 | 301.03x |
| HNIs (10L +) | 2 | 379 | 189.54x |
| HNIs (2-10L) | 11 | 2,085 | 189.54x |
| Total Applications | 363 | 107,824 | 297.04x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
C P S Shapers Limited is bringing an initial public offering (IPO) in the Textiles & Apparel sector with an aggregate issue size of ₹11.1 Crores. The shares are offered at a price band of ₹185 to ₹185 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2023-08-31, the basis of allotment is scheduled to be finalized on 2023-09-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Pvt Ltd) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for C P S Shapers Limited IPO is ₹200 per equity share. Based on the upper price band of ₹185 to ₹185 per equity share, the estimated listing price is ₹385 (+108.1% expected listing gain).
With a lot size of 600 shares and current GMP of ₹200, the expected profit per application lot is approx ₹1,20,000 (+108.1% gain). Minimum application cost is approx ₹1,11,000.
The C P S Shapers Limited IPO aggregate issue size is ₹11.1 Crores with an equity price band set at ₹185 to ₹185 per equity share. The retail lot size is 600 shares requiring a minimum capital outlay of approx. ₹1,11,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 245.28x (Retail: 301.03x, QIB: 0.00x, NII: 189.54x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Pvt Ltd) and the BSE status verification website on or around 2023-09-04. Investors can verify status using PAN card or application number.
C P S Shapers Limited shares are scheduled to list on NSE on 2023-09-08.