
Capital Goods / Industrial Manufacturing · BSE
Cospower Engineering Limited, established in 2010, is engaged in manufacturing electrical panels, mounting structures, harmonic filters, and substations, while also offering turnkey services such as supply, installation, testing, commissioning, and maintenance of electrical systems. The company undertakes customized, contract-based manufacturing to meet specific customer requirements and also sources certain products from third-party vendors when needed. Supported by a skilled technical team, Cospower executes turnkey projects aimed at ensuring safe and efficient electrical distribution, with its manufacturing facility located in Vasai, Maharashtra, equipped with the required machinery and tools for production.
Price Band
₹51
Issue Size
₹2.04 Cr
Lot Size
2000 shares
GMP
Est. Listing
₹51
at current GMP
Subscribed
—
Open
17 Mar 2020
Close
19 Mar 2020
Allotment
25 Mar 2020
Refund
26 Mar 2020
Demat Credit
27 Mar 2020
Listing
30 Mar 2020
Overall Subscription
0.00x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 200,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 60,000 | — | 0.00x |
| Retail Individual (RII) | 140,000 | — | 0.00x |
| Total | 400,000 | 0 | 0.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 70 | 70 | 1.00x |
| HNIs (10L +) | 1 | 1 | 1.00x |
| HNIs (2-10L) | 2 | 2 | 1.00x |
| Total Applications | 73 | 73 | 1.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Cospower Engineering Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹2.04 Crores. The shares are offered at a price band of ₹51 to ₹51 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 2000 shares (approx. ₹1,02,000 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 Bigshare Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-03-27, while un-allotted funds or UPI block mandates will be released on 2020-03-26.
Currently, Cospower Engineering Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹51 to ₹51 per equity share.
The retail lot size is 2000 shares requiring a minimum application amount of ₹1,02,000. Expected listing price is ₹51 per equity share.
The Cospower Engineering Limited IPO aggregate issue size is ₹2.04 Crores with an equity price band set at ₹51 to ₹51 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,02,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). 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 Private Limited) and the BSE status verification website on or around 2020-03-25. Investors can verify status using PAN card or application number.
Cospower Engineering Limited shares are scheduled to list on BSE on 2020-03-30.