Cool Caps Industries IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Nov 16, 2022Let’s have a detailed review of the company and analytics of the Cool Caps Industries IPO release date, IPO offer price, subscription, Cool Caps Industries Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Cash Price | Rs 36 to Rs 38 |
| Listing At | NSE SME |
| Min. Order Quantity | 3000 Shares |
| Listing Date | Mar 24, 2022 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs Lakh |
| IPO Size | Rs 1163 Lakh |
| Tick Size | 1 |
Cool Caps Industries IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Cool Caps Industries IPO – Summary
Their company was originally formed & incorporated as a Private Limited Company at Kolkata, West Bengal under the Companies Act, 2013 under the name and style of “Cool Caps Industries Private Limited” vide certificate of incorporation dated November 20th, 2015.
Their company is mainly engaged in the business of manufacturing a wide range of Plastic Bottle Caps and closures which includes plastic soda bottle caps, plastic soft drink bottle caps, plastic mineral water bottle caps, and plastic juice bottle caps from units situated in Howrah, West Bengal, and Kotdwar, Uttarakhand. Apart from plain closures, they also manufacture embossed, debossed, and printed closures as per client specifications.
The Promoter of this company is RAJEEV GOENKA, VANSHAY GOENKA, and M/S. PURV FLEXIPACK PRIVATE LIMITED. The lead manager to the issue is HOLANI CONSULTANTS PRIVATE LIMITED, and the Registrar to this issue is LINK INTIME INDIA PRIVATE LIMITED.
Cool Caps Industries IPO Date
The opening and the closing date of Cool Caps Industries IPO are Mar 10, 2022 and Mar 15, 2022 Respectively.
Cool Caps Industries IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 10th March | 0.18x | 0.90x | 0.54x |
| 2nd Day – 11th March | 0.25x | 2.25x | 1.25x |
| 3rd Day – 14th March | 1.04x | 5.81x | 3.43x |
| 4th Day – 15th March | 4.57x | 11.25x | 7.91x |
| Shares Offered or Net Issue | 1,452,000 | 1,452,000 | 2,904,000 |
The shares subscribed by the public will be updated here.
Check Cool Caps Industries IPO LIVE Subscription
- Cool Caps Industries IPO LIVE Bid details on NSE
- Cool Caps Industries IPO LIVE Bid details on SME
For the Latest Bid details click on the above links.
Cool Caps Industries IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Cool Caps Industries Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Mar 21, 2022 |
| Refunds Initiation | Mar 22, 2022 |
| Credit of Shares to Demat Account | Mar 23, 2022 |
| Share Listing Date | Mar 24, 2022 |
Cool Caps Industries IPO Price
The face value of each share is Rs.10, but the price band of the IPO is Rs.36 to Rs.38
Cool Caps Industries IPO Size
This Initial Public Issue of 30,60,000 Equity Shares of Rs.10 each for cash at a price of Rs.[●] per equity share aggregating to Rs.[●] Lakh.
Cool Caps Industries IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 30,60,000 Equity Shares of Rs.10/ each.
Issue Size: 30,60,000 Equity Shares of Rs.10 each, aggregating to Rs.1163 Lakh
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Cool Caps Industries IPO – Live Performance
The listing date of this IPO is Mar 24, 2022. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Cool Caps Industries Share Price |
Cool Caps Industries IPO Grey Market Premium
The Cool Caps Industries Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Cool Caps Industries IPO – Company Overview
Their Company manufactures caps and closures in Continuous Compression Molding Machine imported from Sacmi Inc, Italy with Cool + Technology using 100% virgin food grade quality material. Production takes place in an enclosed dust-proof environment with quality testing at regular intervals.
The products are packed in corrugated boxes with proper bursting strength inside plastic liners. Overall color migration tests, heavy metal testing, and analysis are done to ensure a quality product.
Their Company also entered the business of manufacturing face masks and the products include Mask on Plus N95 FFP2 Mask, Mask on N95 FFP2 Mask, and N95 FFP2 Mask from unit situated in Howrah, West Bengal.
In addition to the supply of pet bottle caps, their Company also trades in Shrink film as an additional service to its existing customers. This product has a demand within their existing customer base and therefore, to provide a one-stop solution to their needs, they had started selling this product.
Cool Caps Industries IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | |
| 31-Mar-21 | |
| Total Assets | 4996.78 |
| *Total Revenue | 3,129.84 |
| Total Expense | 2,729.31 |
| Profit After Tax | 286.68 |
Earnings per Equity Share (in Lakh)
| 31-Mar-21 | |
| Basic & Diluted | 3.43 |
Further, their PAT for the period ended on March 31, 2021, was Rs. 286.68 Lakh.
Cool Caps Industries IPO – Promoters
The Promoter of this company is:
- RAJEEV GOENKA, VANSHAY GOENKA
- M/S. PURV FLEXIPACK PRIVATE LIMITED
List of Related Parties (Key Managerial Personnel)
- RAJEEV GOENKA Chairman and Managing Director
- ARUN GOURISARIA, Whole – Time Director
- VANSHAY GOENKA, Non – Executive Director
- POONAM GOENKA, Non-Executive Director
- MOHIT DUJARI Independent Director
- SANJAY KUMAR VYAS, Independent Director
Cool Caps Industries IPO – Promoters Holding
- Pre Issue Share Holding – 100%
- Pos Issue Share Holding – %
Cool Caps Industries IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 30,60,000 Equity Shares aggregating up to Rs.[●] Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 1,56,000 Equity Shares aggregating up to Rs.[●] Lakh |
| Net Issue to the Public | Up to 29,04,000 Equity Shares aggregating up to Rs.[●] Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 14,52,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 14,52,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 85,00,000 Equity Shares |
| Equity Shares outstanding after the Issue | X Equity Shares |
Cool Caps Industries IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Funding the Working capital requirements of their Company; and
2. General corporate purposes.
Cool Caps Industries – Business Strategy
- Invest in infrastructure and technology
- Expanding their customer base
- Improving functional efficiency
- Enhancing existing products base and product quality
Cool Caps Industries – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Experienced management and efficient workforce.
- Scalable business model with multiple steady growth drivers.
- Optimum quality of products and services.
- Focus on quality and gaining customer satisfaction.
- Strong marketing.
- Evolving with technological changes.
- Networking strength.
- Well established relationships with Banks and Financial Institutions
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-21 | 3.43 | 17.90 | 19.18 |
| 31-Mar-20 | 4.69 | 23.97 | – |
| Mar-19 | 4.81 | 24.38 | – |
Cool Caps IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Cool Caps Industries Limited | 10 | [●] | 3.43 | 17.90 | 3,129.84 |
| Listed Peers | |||||
| NA | – | – | – | – | – |
Cool Caps IPO Lead Managers
| Lead Managers |
| HOLANI CONSULTANTS PRIVATE LIMITED 401 – 405 & 416 – 418, 4th Floor, Soni Paris Point, Jai Singh Highway, Bani Park, Jaipur – 302016 Tel.: +91 0141 – 2203996 Fax: +91 0141 – 2201259 Website: www.holaniconsultants.co.in Email: ipo@holaniconsultants.co.in Investor Grievance ID: complaints.redressal@holaniconsultants.co.in Contact Person: Mr. Vipin Gupta SEBI Registration No.: INM000012467 |
Cool Caps IPO Registrar to offer
| Registrar to the Offer |
| LINK INTIME INDIA PRIVATE LIMITED C – 101, 247 Park, L.B.Ss. Marg, Vikhroli (West), Mumbai 400083, Maharashtra, India Tel: +91 022 – 49186200 Fax: +91 022 – 49186195 Website: www.linkintime.co.in Email: coolcaps.ipo@linkintime.co.in Investor Grievance ID: coolcaps.ipo@linkintime.co.in Contact Person: Mrs. Shanti Gopalkrishnan SEBI Registration Number: INR000004058 |
Cool Caps IPO – Other Details
- Statutory Auditor – M/s. Keyur Shah & Co., Chartered Accountants
- Legal Counsel to the Company – Chir Amrit Corporate LLP
- Bankers to the Company – HDFC Bank Limited and Punjab National Bank
Cool Caps IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Cool Caps Industries Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Cool Caps Industries IPO Review FAQs
Ques – What is the Issue Size of Cool Caps IPO?
Answer – The Company is making an initial public offer of 30,60,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
Ques – What is the Price band of Cool Caps IPO?
Answer – The price band for this particular IPO ranges between Rs.36 to Rs.38. As far as the face value of the share is of concern, it is Rs.10 per share.
Ques – What is the Cool Caps Industries IPO Open Date?
Answer – The opening and closing dates for this IPO have been updated. The IPO is set to open on Mar 10, 2022, while the closing date is set at Mar 15, 2022.
Ques – What is the Cool Caps IPO Allotment Date?
Answer – They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Mar 21, 2022, refund initiation is on Mar 22, 2022, credit of shares is on Mar 23, 2022, and share listing date is on Mar 24, 2022.
Ques – What is the Cool Caps Industries IPO Listing Date?
Answer – Shares of this company shall be listed in the exchanges Mar 24, 2022. The date, when the listing would be done, is stagnant on Mar 24, 2022.
Ques – Who is the Registrar of Cool Caps Industries IPO?
Answer – One of the reputed registrars is managing the issue of this IPO, i.e. LINK INTIME INDIA PRIVATE LIMITED. Their website will help you regarding the further information you are on the lookout for.
Ques – Who is the Promoter of Cool Caps IPO?
Answer – Here are the promoters of this IPO – RAJEEV GOENKA, VANSHAY GOENKA, and M/S. PURV FLEXIPACK PRIVATE LIMITED. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
Ques – What is the GMP of Cool Caps IPO?
Answer – They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Ques – Is Cool Caps IPO good for Investment?
Answer – They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
Ques – What is the PAT of Cool Caps?
Answer – They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2021 in Lakh is 286.68.
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