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Commercial Engineers & Body Builders Co Ltd IPO (Commercial Engineers IPO) Detail

September 30, 2010 - October 5, 2010

Commercial Engineers IPO is a book built issue of Rs 153.00 crores.

Commercial Engineers IPO bidding started from September 30, 2010 and ended on October 5, 2010. The shares got listed on BSE, NSE on October 18, 2010.

Commercial Engineers IPO price band is set at ₹125 to ₹127 per share. The minimum lot size for an application is 55 Shares. The minimum amount of investment required by retail investors is ₹6,985.

Edelweiss Financial Services Ltd and ICICI Securities Limited are the book running lead managers of the Commercial Engineers IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Commercial Engineers IPO RHP for detailed information.

Commercial Engineers IPO Details

IPO Date September 30, 2010 to October 5, 2010
Listing Date October 18, 2010
Face Value ₹10 per share
Price Band ₹125 to ₹127 per share
Lot Size 55 Shares
Total Issue Size12,047,244 shares
(aggregating up to ₹153.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue42,895,720
Share holding post issue54,942,964

Commercial Engineers IPO Reservation

Commercial Engineers IPO offers 11,324,938 shares. 5,817,503 (51.37%) to QIB, 1,376,859 (12.16%) to NII, 4,130,576 (36.47%) to RII. 75,101 RIIs will receive minimum 55 shares and (sNII) and (bNII) will receive minimum 1,595 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered5,817,503 (51.37%)NA
NII (HNI) Shares Offered1,376,859 (12.16%)
Retail Shares Offered4,130,576 (36.47%)75,101
Total Shares Offered11,324,938 (100%)

Commercial Engineers IPO Lot Size

Investors can bid for a minimum of 55 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 55 ₹6,985
Retail (Max) 28 1540 ₹195,580
Lot Size Calculator

Commercial Engineers IPO Promoter Holding

The Promoters of the Company are:
1. Dr. Kailash Gupta
2. Mr. Ajay Gupta

Share Holding Pre Issue 67.19%
Share Holding Post Issue 52.45%

About Commercial Engineers & Body Builders Co Ltd

Incorporated in 1979, Commercial Engineers & Body Builders Co Limited is the producer of vehicle and locomotive bodies for diverse applications for road and railways transportation.

Company is one of the leading designers and manufacturers in India of vehicle bodies for the commercial vehicles industry with an extensive portfolio of product offerings. Company also conducts refurbishment of railway wagons as well as manufacturing of components for railway wagons, coaches and locomotives.

Key Performance Indicator

Objects of the Issue (Commercial Engineers IPO Objectives)

The objects of the issue are:
(a) Capital expenditure for the Railway Project,
(b) Prepayment of Identified Loan Facilities,
(c) General corporate purposes.


Commercial Engineers IPO Subscription Status (Bidding Detail)

The Commercial Engineers IPO is subscribed 2.07 times on October 5, 2010 5:00:00 PM. The public issue subscribed 0.38 times in the retail category, 3.68 times in the QIB category, and 0.34 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB3.68
NII0.34
Retail0.38
Total2.07

Commercial Engineers IPO Prospectus

Commercial Engineers IPO Rating

168
3.5
Rating:Rated 3.5 stars
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Commercial Engineers IPO Listing Details

Listing Date October 18, 2010
BSE Script Code 533272
NSE Symbol JWL
ISIN INE209L01016
Final Issue Price ₹127 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹127.00
₹122.80
₹106.30
₹144.80
₹112.25
NSE
₹127.00
₹119.00
₹106.35
₹142.55
₹112.90

Check IPO Performance…

Commercial Engineers & Body Builders Co Ltd Contact Details

Commercial Engineers & Body Builders Co Ltd
84/105-A, G. T. Road, Kanpur Mahanagar
Kanpur - 208 003,
Uttar Pradesh, India
Phone: +91 512 2521 571
Email: cs@cebbco.com
Website: http://www.cebbco.com

Commercial Engineers IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000
Email: cebbco.ipo@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/

Commercial Engineers IPO - Buy or Not

Commercial Engineers IPO Recommendation Summary

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

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Commercial Engineers IPO FAQs

Commercial Engineers IPO is a main-board IPO of 12,047,244 equity shares of the face value of ₹10 aggregating up to ₹153.00 Crores. The issue is priced at ₹125 to ₹127 per share. The minimum order quantity is 55 Shares.

The IPO opens on September 30, 2010, and closes on October 5, 2010.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Commercial Engineers IPO opens on September 30, 2010 and closes on October 5, 2010.

Commercial Engineers IPO lot size is 55 Shares, and the minimum amount required is ₹6,985.

You can apply in Commercial Engineers 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 Commercial Engineers IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Commercial Engineers IPO allotment status.

The Commercial Engineers IPO listing date is on October 18, 2010.
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Commercial Engineers IPO Message Board

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282 Comments

282. Anonymous |   Link |  Bookmark |October 22, 2010 10:56:35 AM
good co to invest with 6 month horizon target 200 rs minimum
281. Anonymous |   Link |  Bookmark |October 19, 2010 7:52:51 PM
dear 282 what an accurate prediction followed u entered at 108 now holding 55+50 by ur advise i am sitting on loss making ipo into profit
keep it up
what's next advise pl

vk gupta
280. Anonymous |   Link |  Bookmark |October 18, 2010 4:36:18 PM
the price may be 135 up in this week
279. Anonymous |   Link |  Bookmark |October 18, 2010 4:35:54 PM
what will be position in future time how to know
278. Ravi, Bangalore |   Link |  Bookmark |October 18, 2010 1:36:28 PM (300+ Posts)
CEBBCO 125- Resistance 126-128 zone. Pare your IPO allotment. In case it manages to cross 135, bearish view can be negated.

It is showing downside target of 112, 102 or even below 87.
277. Anonymous |   Link |  Bookmark |October 18, 2010 12:40:03 PM
shot it it may come to 60 like tirupathiink
276. Anonymous |   Link |  Bookmark |October 18, 2010 12:39:16 PM
shot sel today trr 90
275. Anonymous |   Link |  Bookmark |October 18, 2010 12:27:54 PM
Once again Gupta brothers's script slipped.
I warned the inverstors.
274. Rakesh jhunjhun |   Link |  Bookmark |October 18, 2010 9:58:34 AM

commercial engine
will
list
Rs.5 - 6 premium

.
273. Anonymous |   Link |  Bookmark |October 18, 2010 9:57:15 AM
hai
272. Anonymous |   Link |  Bookmark |October 18, 2010 9:56:11 AM
what would be listing price
271. Anonymous |   Link |  Bookmark |October 15, 2010 10:59:42 AM
770 SHARES CREDITED TO DP FOR FULL APPLICATION
270. Anonymous |   Link |  Bookmark |October 15, 2010 6:02:47 AM
Commercial Engineers and Body Builders Company Ltd grey market premium 50 paisa
269. Anonymous |   Link |  Bookmark |October 14, 2010 2:28:18 PM
its dark horse , it will remain always in dark and give huge shock
268. Rakesh jhunjhun |   Link |  Bookmark |October 10, 2010 2:38:40 PM
RESEARCH & BROKING

LOOK, MARKET IS AT VERY HIGH POINT BUT NOT AT VERY HIGH VALUATION.

IN 2007 MARKET WAS AT VERY HIGH POINT BUT ALSO WITH HIGH VALUATION.

SO DONT WORRY MARKET WILL NOT FALL AND WILL MAKE NEW HIGH AND IN THIS ENVIRONMENT FOLLOWING STOCK IN WHICH THE HIDDEN STORY PREVAILS WILL GIVE U BETTER RETURN.

YES BANK.

GROWING AT ROCKET SPEED.
ENTERED IN RETAIL BANKING BUSINESS WHERE LARGE SCOPE.
ALSO HAS BROKING BUSINESS.
GOOD WHOLESALE BANKING BUSINESS.
PROMOTERS HAVE GOOD RELATION WITH FIIs.
NO NEED TO TELL MORE WHEN THE FIIs ARE INTERESTED IN COMPANY.

267. Anonymous |   Link |  Bookmark |October 9, 2010 4:51:55 PM
For Exact Grey Market Rates, You are free to Contact Mr.Maamu - 09319303542.
266. Anonymous |   Link |  Bookmark |October 9, 2010 12:31:19 PM
what will be position of this share whether the premium and discount tell me
265. Anonymous |   Link |  Bookmark |October 8, 2010 11:03:12 PM
CAN I WITHDRAWMY APPLICATION NOW????? IF YES HOW????
264. Anonymous |   Link |  Bookmark |October 7, 2010 11:01:52 AM
Arunachal....

Sambhalooo. What if you get 3 times allotment, since it is subscribed only 0.3 times in retail ????
263. Arunachalanadar ganesan |   Link |  Bookmark |October 7, 2010 12:07:57 AM
CEBBCo, another issue retailers will benefit since full allotment is assured