{"id":3551,"date":"2023-08-29T12:16:35","date_gmt":"2023-08-29T06:46:35","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=3551"},"modified":"2024-08-26T12:22:50","modified_gmt":"2024-08-26T06:52:50","slug":"cps-shapers-limited-ipo","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/cps-shapers-limited-ipo\/","title":{"rendered":"IPO : CPS Shapers Limited"},"content":{"rendered":"

CPS Shapers Limited IPO<\/h1>\n

Incorporated in 2012, C P S Shapers Limited is engaged in the business of manufacturing Shapewear for Men and Women.<\/p>\n

The company manufactures and sells Shapewear for Men and Women through its brands -Dermawear with the motto Shape up with Confidence and YDIS (Your Dress Is Shapewear), through both, online and offline channels.<\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0SYMBOL<\/strong><\/td>\nCPS<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE TYPE<\/strong><\/td>\nFixed Price Issue IPO<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE OPENS ON<\/strong><\/td>\nAugust 29, 2023 (Tuesday)<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE CLOSES ON<\/strong><\/td>\nAugust 31, 2023 (Thursday)<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE PRICE<\/strong><\/td>\nRs.185 per share<\/strong><\/td>\n<\/tr>\n
\u00a0ISSUE SIZE<\/strong><\/td>\nUp to Rs.11.10 Crores<\/strong><\/td>\n<\/tr>\n
\u00a0FACE VALUE<\/strong><\/td>\nRs.10 per share<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

C P S Shapers’ product portfolio includes Saree Shapewear, Mini Shaper, Sports Bra, All Mini corsets, Tummy Reducer, All Zenrik, Slimmer, Active Pants, Denim, Mask, and other shapewear. It has a PAN India presence with a distributor network in 28 states and 8 Union territories for its domestic market. It also exports to 5 countries namely Canada, Germany, Australia, United Kingdom, United States of America.<\/p>\n\n\n\n\n\n\n\n\n
\u00a0MINIMUM BID<\/strong><\/td>\n600 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MINIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.1,11,050<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM BID<\/strong><\/td>\n600 shares<\/strong><\/td>\n<\/tr>\n
\u00a0MAXIMUM AMOUNT\u00a0<\/strong><\/td>\nRs.1,11,050<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING DATE<\/strong><\/td>\nSeptember 08,2023 (Friday)<\/strong><\/td>\n<\/tr>\n
\u00a0LISTING AT<\/strong><\/td>\nNSE-SME<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The company’s manufacturing unit is located in Meerut, Uttar Pradesh, and its warehousing facilities are in Palghar, Maharashtra, and Tiruppur, Tamil Nadu.<\/p>\n

Objects of the Issue<\/h2>\n

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:<\/p>\n

Purchase of Plant and Machinery at existing Manufacturing facility.<\/p>\n

Purchase of Commercial Vehicle.<\/strong><\/p>\n

Funding of capital expenditure requirements of the company towards the purchase of Solar Power Systems.<\/strong><\/p>\n

Upgradation of existing IT Software at our existing manufacturing facility and registered office.<\/strong><\/p>\n

Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions.<\/strong><\/p>\n

Funding Working Capital Requirements of the company.<\/strong><\/p>\n

General corporate purposes.<\/strong><\/p>\n