
Consumer Durables · BSE
Incorporated in 2017, Comrade Appliances Limited is engaged in manufacturing a wide range of air coolers and electric geysers, providing end-to-end product solutions under both Original Equipment Manufacturer (OEM) and Original Design Manufacturer (ODM) models. Under the OEM model, the company manufactures products as per client designs, while under the ODM model, it conceptualizes and designs products sold under clients’ brands. Its consumer products, marketed under the brand name “Comrade,” are produced at its 66,322 sq. ft. manufacturing facility located in Palghar, Maharashtra, enabling efficient large-scale production and quality control.
Price Band
₹52 – ₹54
Issue Size
₹12.30 Cr
Lot Size
2000 shares
GMP
+46.3%
Est. Listing
₹79
at current GMP
Subscribed
71.92x
overall
Open
31 May 2023
Close
5 Jun 2023
Allotment
8 Jun 2023
Refund
9 Jun 2023
Demat Credit
10 Jun 2023
Listing
13 Jun 2023