
Technology / Industrial Engineering · BSE
Containe Technologies Limited (CTPL) is engaged in the automobile sector, providing safety and GPS solutions through the design, development, manufacturing, supply, and service of technology-intensive electronic and mechanical automotive products. An ISO 9001:2015 certified organization, the company manufactures Electronic Speed Limiting Devices under the “MOTOREYE & LIMITS” brand, electronic fuel regulators, pedal interfaces for BS-IV and older vehicles, and GSM/GPRS/GPS/IRNSS-based vehicle tracking devices. CTPL also markets IoT devices and lithium-ion battery-operated 2- and 3-wheeler auto rickshaws. The company operates a manufacturing unit in Marriguda, Secunderabad, Hyderabad, and primarily sells its products through distributors and dealers.
Price Band
₹15
Issue Size
₹2.62 Cr
Lot Size
8000 shares
GMP
+33.3%
Est. Listing
₹20
at current GMP
Subscribed
121.24x
overall
Open
20 Sep 2022
Close
22 Sep 2022
Allotment
28 Sep 2022
Refund
29 Sep 2022
Demat Credit
30 Sep 2022
Listing
30 Sep 2022
Designated Registrar: Cameo Corporate Services Limited
Allotment Date
28 Sep 2022
Basis finalization
Refunds Initiate
29 Sep 2022
Mandate release
Demat Credit
30 Sep 2022
Shares in demat
Listing Debut
30 Sep 2022
Trading begins
Containe Technologies Limited is bringing an initial public offering (IPO) in the Technology / Industrial Engineering sector with an aggregate issue size of ₹2.62 Crores. The shares are offered at a price band of ₹15 to ₹15 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 8000 shares (approx. ₹1,20,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Cameo Corporate Services Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-09-30, while un-allotted funds or UPI block mandates will be released on 2022-09-29.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.