The IPO is a fixed price issue with a total issue size of Rs.11.10 crore. After the shares were allotted and credited to the IPO subscribers, the shares would be listed on the NSE SME
Updated September 3, 2023 | 5:46 p.m. IST
The IPO is a fixed price offering with a total issue size of Rs.11.10 crore (Photo: Shutterstock/Times Now Digital)
Allotment of shares in the CPS Shapers IPO is expected to occur any time of day on Tuesday, September 5th. The IPO is a fixed price issue with a total issue size of Rs.11.10 crore. After the shares were allotted and credited to the IPO subscribers, the shares would be listed on the NSE SME.
CPS Shapers IPO: About the Company
The company is engaged in the manufacture of shapewear for men and women.
The company’s portfolio includes Saree Shapewear, Mini Shaper, Sports Bra, All Mini Corsets, Tummy Reducer, All Zenrik, Slimmer, Active Pants, Denim, Mask and other shapewear. The company has a presence across India with a distribution network in 28 states and 8 union territories for its domestic market. The company also exports to five countries, namely Canada, Germany, Australia, the United Kingdom and the United States of America. The company’s manufacturing facility is located in Meerut, Uttar Pradesh.
CPS Shapers IPO: Subscription
Subscription for the IPO opened on Tuesday, August 29th and closed on Thursday, August 31st. The IPO received a massive subscription of 253.97 times on Aug. 31.
IPO of CPS Shapers: GMP
CPS Shapers IPO shares are currently trading at a premium of 100-125 rupees per share in the gray market, according to multiple websites tracking the gray market premium.
CPS Shapers IPO: Grant Date
The shares are expected to be allotted to the underwriters of the IPO on Tuesday, September 5th.
CPS Shapers IPO: IPO Date
Following the allotment and crediting of the subscribers’ Demat accounts, the listing of the shares is expected to take place on Friday 8th September.
CPS Shapers IPO: Registrar
The registrar of the CPS Shapers IPO is Bigshare Services Pvt Ltd.
CPS Shapers IPO: How to Check Allotment Status Online?
On the day of allocation, Subscribers can check their allocation status on Bigshare Services Pvt Ltd’s website at https://ipo.bigshareonline.com/ipo_status.html
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