Cosmic CRF Limited

Company Profile
Company Name Cosmic CRF Limited
Open Date 14-06-2023
Close Date 16-06-2023
Exchange BSE SME
Lot Size 400 Shares
Issue Price ₹314 - ₹330 per share
Issue Size 18,22,000 Equity Shares
Application Amount ₹1,32,000
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
Company is a qualified and an RDSO approved supplier of cold rolled stainless sections to renowned wagon manufactures such as, Titagarh Wagons Limited, Hindusthan Engineering & Industries Limited, Melbrow Engineering Works Private Limited, Jindal Rail Infrastructure Limited, Allied Construction Engineers & Fabricators, etc. Company acquired the CRF unit of Cosmic Ferro Alloys Limited. The purchase included a manufacturing unit in West Bengal spread over an area of approximately 3.82 acres together with plant, machineries, assets and liabilities. Company’s product portfolio largely consists of cold rolled stainless sections, such as fabricated items for railway, coach & wagons, cold rolled formed items for wagons and coaches, cold rolled formed items for infra companies and EPC projects and products for roadways and national highway.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-23
Total Assets 1,605.02 6,875.24
Net Assets 873.90 1,629.40
Total Borrowings 671.72 3151.33
Total Revenue - 12,149.31
Profit After Tax -11.80 641.20

Tentative Timeline

Opening Date 14-06-2023
Closing Date 16-06-2023
Basis of Allotment 26-06-2023
Initiation of Refunds 27-06-2023
Credit of Shares to Demat 29-06-2023
Listing Date 30-06-2023

Objects of the Issue

Funding the expansion of existing manufacturing unit.
Funding of working capital requirement.
Prepayment or repayment of all or a portion of certain unsecured loans.
General Corporate Purposes.

Contact Information

Registered Office Cosmic CRF Limited 19, Monohar Pukur Road, Kolkata 700 029
Phone +91 810 086 2182

Registrar Details

Name Mas Services Limited
Phone (011) 2610 4142

IPO Reservation

Market Maker Shares Offered 91,200 (5.01%)
QIB Shares Offered 34,400 (1.89%)
NII (HNI) Shares Offered 3,98,400 (21.87%)
Retail Shares Offered 12,98,000 (71.24%)
Total Shares Offered 18,22,000 (100%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 98.42%
Share Holding Post Issue (Promoters) 72.52%

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