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C P S Shapers Limited IPO (C P S Shapers IPO) Detail

August 29, 2023 - August 31, 2023

C P S Shapers IPO is a fixed price issue of Rs 11.10 crores. The issue is entirely a fresh issue of 6 lakh shares.

C P S Shapers IPO bidding started from August 29, 2023 and ended on August 31, 2023. The allotment for C P S Shapers IPO was finalized on Tuesday, September 5, 2023. The shares got listed on NSE SME on September 7, 2023.

C P S Shapers IPO price is ₹185 per share. The minimum lot size for an application is 600 Shares. The minimum amount of investment required by retail investors is ₹111,000. The minimum lot size investment for HNI is 2 lots (1,200 shares) amounting to ₹222,000.

Shreni Shares Limited is the book running lead manager of the C P S Shapers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for C P S Shapers IPO is Shreni Shares.

Refer to C P S Shapers IPO RHP for detailed information.

C P S Shapers IPO Details

IPO Date August 29, 2023 to August 31, 2023
Listing Date September 7, 2023
Face Value ₹10 per share
Price ₹185 per share
Lot Size 600 Shares
Total Issue Size600,000 shares
(aggregating up to ₹11.10 Cr)
Fresh Issue600,000 shares
(aggregating up to ₹11.10 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Share holding pre issue1,500,000
Share holding post issue2,100,000
Market Maker portion31,200 shares
Shreni Shares

C P S Shapers IPO Reservation

C P S Shapers IPO offers 600,000 shares. 284,400 (47.40%) to NII, 284,400 (47.40%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered31,200 (5.20%)
Other Shares Offered284,400 (47.40%)
Retail Shares Offered284,400 (47.40%)
Total Shares Offered600,000 (100%)

C P S Shapers IPO Timeline (Tentative Schedule)

C P S Shapers IPO opens on August 29, 2023, and closes on August 31, 2023.

IPO Open Date Tuesday, August 29, 2023
IPO Close Date Thursday, August 31, 2023
Basis of Allotment Tuesday, September 5, 2023
Initiation of Refunds Wednesday, September 6, 2023
Credit of Shares to Demat Thursday, September 7, 2023
Listing Date Thursday, September 7, 2023
Cut-off time for UPI mandate confirmation 5 PM on August 31, 2023

C P S Shapers IPO Lot Size

Investors can bid for a minimum of 600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 600 ₹111,000
Retail (Max) 1 600 ₹111,000
HNI (Min) 2 1,200 ₹222,000
Lot Size Calculator

C P S Shapers IPO Promoter Holding

The Promoters of the company are Mr. Abhishek Kamal Kumar and Mr. Rajendra Kumar.

Share Holding Pre Issue 99.80%
Share Holding Post Issue

About C P S Shapers Limited

Incorporated in 2012, C P S Shapers Limited is engaged in the business of manufacturing Shapewear for Men and Women.

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.

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.

The company's manufacturing unit is located in Meerut, Uttar Pradesh, and its warehousing facilities are in Palghar, Maharashtra, and Tiruppur, Tamil Nadu.

Company Financials

C P S Shapers IPO Financial Information (Restated)
Period Ended31 Mar 202131 Mar 202231 Mar 2023
Assets1,102.021,275.481,751.20
Revenue1,441.712,668.843,696.16
Profit After Tax38.05157.06246.09
Net Worth-228.03-70.97175.12
Reserves and Surplus-278.03-120.97125.12
Total Borrowing947.57935.571,043.66
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of C P S Shapers IPO is Rs 38.85 Cr.

KPI Values
ROE4.73%
ROCE0.28%
Debt/Equity5.96
RoNW140.53%
Pre IPO Post IPO
EPS (Rs) 16.41
P/E (x) 11.2815.78

Objects of the Issue (C P S Shapers IPO Objectives)

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

  1. Purchase of Plant and Machinery at existing Manufacturing facility.
  2. Purchase of Commercial Vehicle.
  3. Funding of capital expenditure requirements of the company towards the purchase of Solar Power Systems.
  4. Upgradation of existing IT Software at our existing manufacturing facility and registered office.
  5. Repayment or prepayment, in full or in part, of borrowings availed by our Company from banks and financial institutions.
  6. Funding Working Capital Requirements of the company.
  7. General corporate purposes.

C P S Shapers IPO Review (May apply)

[Dilip Davda]  CSL has performed well for the reported periods. It is operating in a highly competitive and fragmented segment. Based on FY23 earnings, the issue appears reasonably priced. The small equity post-IPO indicates a longer gestation period for migration to the mainboard. Well-informed investors may park funds for long-term rewards. Read detail review...


C P S Shapers IPO Subscription Status (Bidding Detail)

The C P S Shapers IPO is subscribed 253.97 times on August 31, 2023 7:29:00 PM. The public issue subscribed 301.03 times in the retail category, times in the QIB category, and 198.17 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other198.17
Retail301.03
Total253.97

Total Application : 142,688 (301.03 times)

C P S Shapers IPO Prospectus

C P S Shapers IPO Rating

15
3.1
Rating:Rated 3.1 stars
Vote Here ...

C P S Shapers IPO Listing Details

Listing Date September 7, 2023
BSE Script Code
NSE Symbol CPS
ISIN INE0QBU01012
Final Issue Price ₹185 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹185.00
₹450.00
₹427.50
₹472.50
₹472.50

Check IPO Performance…

C P S Shapers Limited Contact Details

C P S Shapers Limited
201-204, 2nd Floor, Swamini Industrial Estate No 3
Opp. Varun Industries, Nanal Nagar, Waliv,
Vasai East, Palghar – 401 208
Phone: +91 9084735560
Email: investor@dermawear.co.in
Website: https://www.cpsshapersltd.com/

C P S Shapers IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

C P S Shapers IPO - Buy or Not

C P S Shapers IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 1 0

Read All Reviews Post Your Review Manage Reviews

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C P S Shapers IPO FAQs

C P S Shapers IPO is a SME IPO of 600,000 equity shares of the face value of ₹10 aggregating up to ₹11.10 Crores. The issue is priced at ₹185 per share. The minimum order quantity is 600 Shares.

The IPO opens on August 29, 2023, and closes on August 31, 2023.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in C P S Shapers IPO using UPI as a payment gateway. Zerodha customers can apply in C P S Shapers IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in C P S Shapers IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'C P S Shapers IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The C P S Shapers IPO opens on August 29, 2023 and closes on August 31, 2023.

C P S Shapers IPO lot size is 600 Shares, and the minimum amount required is ₹111,000.

You can apply in C P S Shapers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for C P S Shapers IPO will be done on Tuesday, September 5, 2023, and the allotted shares will be credited to your demat account by Thursday, September 7, 2023. Check the C P S Shapers IPO allotment status.

The C P S Shapers IPO listing date is on September 7, 2023.
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C P S Shapers IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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327 Comments

129. Kush Muke |   Link |  Bookmark |September 11, 2023 12:41:57 PM
Expert please suggest. Got 1 allotment CPS Shapers. Should I further wait or sells
128. ajas |   Link |  Bookmark |September 7, 2023 3:31:08 PM
@MRavichandran Any shopping ? How can you miss your favorite LM ? What about Momopharma ? Your shopping news always will give us confidence . BTW, I started following your X platform .
128.1. MRavichandran |   Link |  Bookmark |September 8, 2023 12:18:51 AM
IPO Guru IPO Guru (2000+ Posts, 2700+ Likes)
😊😊😊
I did not buy both of them listed today… yes shreni’s CPS shapers is a miss. No regrets… so many are coming up and some existing SME’s are available at good valuation
Thanks for following in X and will surely catch up in DM
Thanks
127. ajas |   Link |  Bookmark |September 7, 2023 3:40:00 PM
Dear experts

I need to clarify 2 doubts. Please help

1)How the selling and buying happening during price discovery time. For eg. by 9. AM-9.43 AM- lot of qty are exchanged. but if we give order for buy or sell, we will have to wait till price discovery means, 9.45 AM. So meanwhile how Lakhs of qts are confirming the transactions ?

2)During IPO listing some company are setting 90% as target(UC) and some companies are not setting and it may go beyond 2-3 times more than the price. So how that decision is taking and is it purely company or LM decision ?
127.1. Abias |   Link |  Bookmark |September 8, 2023 10:13:00 AM
Not an expert,
See if this helps
1. As you said from 9-9.44 only price discovery happens, it is more like matching buyers and sellers and no transaction involved.
Assume 100 is the discovery price so during this time all buyers above 100 and sellers below 100 are matched and the matching volume reflects. And at 9.45 the actual transaction happens at the discovery or equilibrium price.
This is the reason of continuous change in discovery price till 9.44

2.its not depending on the company or LM .
The difference is based on the exchange BSE or NSE listing
126. Ek tha Tiger |   Link |  Bookmark |September 7, 2023 11:04:34 AM
Bhai log kisi Allotment aata h kya Retail m , ya esi tarah humlog lagaate rahte h, aur paisa Refund paata rahte h
125. M Gupta |   Link |  Bookmark |September 7, 2023 9:49:15 AM
IPO Guru IPO Guru (1100+ Posts, 3300+ Likes)
Some one from top level broking community told that cps can be open above 200 or even 225 premium as big investors are intreted in the scrip for long term.
Anyone else having this news? I may try to take 2-3 lots in pre op
125.1. Logij Kumar |   Link |  Bookmark |September 7, 2023 10:18:10 AM
Why would anyone share news to increase competition?
125.2. kishenharendra |   Link |  Bookmark |September 7, 2023 10:48:34 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Seems like the news was authentic...listed at 450...huge premium
124. Raju Hiralal Chavda |   Link |  Bookmark |September 7, 2023 10:46:28 AM
💎450💎
123. arvindarvind |   Link |  Bookmark |September 6, 2023 10:26:36 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
@SSingh 
Can we take entry here for long term.
123.1. SSingh |   Link |  Bookmark |September 6, 2023 10:31:04 PM
IPO Guru IPO Guru (1400+ Posts, 800+ Likes)
Depends upon the listing, your portfolio value (total) and liquidity of funds. So, can’t comment exactly. You need to check and validate as per your own data. I will mostly stay away from this until it either lists flats or dips significantly after listing. 😊
123.2. arvindarvind |   Link |  Bookmark |September 6, 2023 10:36:36 PM
Top Contributor Top Contributor (1000+ Posts, 200+ Likes)
Ok singh sahab.
Thanks a lot for prompt reply.
122. Premsukh |   Link |  Bookmark |September 6, 2023 9:57:22 PM
Smart investment website is showing GMP of 175-180 ….. let’s see how it performs tomorrow on listing.

121. M Gupta |   Link |  Bookmark |September 6, 2023 9:31:05 PM
IPO Guru IPO Guru (1100+ Posts, 3300+ Likes)
Listing tomorrow 07th
120. IPO Guide |   Link |  Bookmark |September 6, 2023 10:54:13 AM
Hello Experts,

Listing is 7th or 8th ?
120.1. Vineet Bansal |   Link |  Bookmark |September 6, 2023 12:19:23 PM
BOA mentions listing on 7th
119. Hope is life |   Link |  Bookmark |September 5, 2023 1:50:26 PM
IPO Mentor IPO Mentor (900+ Posts, 600+ Likes)
sbi asba still blocked
but friends don't worry
they are forgot to unblock
they forgot their duties sometimes (sometimes or most of time???😄)

they are busy in lunch time
lunch time which starts at 10am nd ends at 5pm

in between if they ever get time

they do some"productive" work
mark my word "Productive "

sleeping bank of ....
119.3. HappyGoLucky |   Link |  Bookmark |September 5, 2023 3:34:28 PM (200+ Posts)
SBI ASBA unblocked for me.
119.4. Rajesh ji |   Link |  Bookmark |September 5, 2023 9:50:15 PM
now unblocked for me also
118. RJ Rocks |   Link |  Bookmark |September 5, 2023 9:08:26 AM
IPO Mentor IPO Mentor (500+ Posts, 200+ Likes)
Sbi ASBA still fund blocked very poor service
118.1. Rajesh ji |   Link |  Bookmark |September 5, 2023 11:24:00 AM
yes mine also blocked yet.....yours now ?? please update when unblock
117. Rajesh ji |   Link |  Bookmark |September 5, 2023 11:23:15 AM
is amount still block in SBI ASBA ??? mine not unblock yet in C P S Shapers 0/2 in retail

when it will be unblock ?? any idea to anyone
116. Safe Bet |   Link |  Bookmark |September 5, 2023 9:23:41 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Kudos to Bigshare for the timely (in fact well before time) processing of allotment. ✔✔
Ab jaldi BoA dikha do to sone pe suhaga!
115. IPO jarur lagega |   Link |  Bookmark |September 5, 2023 8:59:51 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
0/2 - CPS
0/3 - Mono
😔
114. kishenharendra |   Link |  Bookmark |September 5, 2023 8:02:47 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
When is the listing? Is it worthy to buy on opening?
113. DNM |   Link |  Bookmark |September 5, 2023 6:29:39 AM (200+ Posts)
can we buy inpreopen?  @lokesh soni
112. Ram kishan somani |   Link |  Bookmark |September 5, 2023 6:13:34 AM
Jai Shri Krisna
Big Zero out of 17 retail applications.
111. bull in the north |   Link |  Bookmark |September 5, 2023 1:00:49 AM
This whole thing is a big illusion.in past 18 months I have applied in almost every good ipo in 5 account.only been allotted 2 single retail app.i have applied in different categories with applications range from 2 lacs to 75 lacs.never got anything specially in sme.no one knows what is happening and just blindly believe these allotment. rbl bank and idfc have to be the worst bank to apply ipo as in past 3 years I have never got a single allotment in these bank applications. 3in1 accounts are the best way to apply ipo as I have got 95% of my ipo allotment in those account.
110. lokes |   Link |  Bookmark |September 4, 2023 8:05:50 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
Allotted 1 lot here in retail.....first time allotted in highly subscribed ipo in retail...
110.19. Kush Muke |   Link |  Bookmark |September 16, 2023 2:01:07 PM
Congraks. I sold at 473. No risk appetite.
110.20. JAI JAI GARVI GUJARAT |   Link |  Bookmark |September 16, 2023 2:24:30 PM (800+ Posts, 300+ Likes)
CFF 165 --> H 495 LTP 420
CPS 185 --> H 500 LTP 485
Amazing returns