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Cool Caps Industries Limited IPO (Cool Caps IPO) Detail

March 10, 2022 - March 15, 2022

Cool Caps IPO is a book built issue of Rs 11.63 crores.

Cool Caps IPO bidding started from March 10, 2022 and ended on March 15, 2022. The allotment for Cool Caps IPO was finalized on Monday, March 21, 2022. The shares got listed on NSE SME on March 24, 2022.

Cool Caps IPO price band is set at ₹36 to ₹38 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹114,000.

Holani Consultants Private Limited is the book running lead manager of the Cool Caps IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Cool Caps IPO RHP for detailed information.

Cool Caps IPO Details

IPO Date March 10, 2022 to March 15, 2022
Listing Date March 24, 2022
Face Value ₹10 per share
Price Band ₹36 to ₹38 per share
Lot Size 3000 Shares
Total Issue Size3,060,000 shares
(aggregating up to ₹11.63 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue8,500,000
Share holding post issue11,560,000
Market Maker portion156,000 shares

Cool Caps IPO Reservation

Cool Caps IPO offers 3,060,000 shares. 1,452,000 (47.45%) to NII, 1,452,000 (47.45%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered156,000 (5.10%)
NII (HNI) Shares Offered1,452,000 (47.45%)
Retail Shares Offered1,452,000 (47.45%)
Total Shares Offered3,060,000 (100%)

Cool Caps IPO Timeline (Tentative Schedule)

Cool Caps IPO opens on March 10, 2022, and closes on March 15, 2022.

IPO Open Date Thursday, March 10, 2022
IPO Close Date Tuesday, March 15, 2022
Basis of Allotment Monday, March 21, 2022
Initiation of Refunds Tuesday, March 22, 2022
Credit of Shares to Demat Wednesday, March 23, 2022
Listing Date Thursday, March 24, 2022
Cut-off time for UPI mandate confirmation 5 PM on March 15, 2022

Cool Caps IPO Lot Size

Investors can bid for a minimum of 3000 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 3000 ₹114,000
Retail (Max) 1 3000 ₹114,000
Lot Size Calculator

Cool Caps IPO Promoter Holding

Rajeev Goenka, Vanshay Goenka, and M/s. Purv Flexipack Pvt Ltd are the company promoters.

Share Holding Pre Issue 100%
Share Holding Post Issue

About Cool Caps Industries Limited

Cool Caps Industries is engaged in the business of manufacturing a range of plastic bottle caps and closures such as plastic soda bottle caps, plastic soft drink bottle caps, plastic mineral water bottle caps, and plastic juice bottle caps. It further manufactures embossed, debossed, and printed closures as per customers' specifications. The firm also manufactures face masks i.e., Mask on Plus N95 FFP 2 Mask, Mask on N95 FFP2 Mask, and N95 FFP2 Mask. The firm also engages in the trading of plastic granules such as Polypropylene Granule, High-Density Polyethylene (HDPE) Granules, Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LLDPE) Granules, etc.

Competitive strengths

  • The well-established manufacturing facility at Howrah, West Bengal, and Kotdwar, Uttarakhand.
  • Highly experienced management and workforce.
  • Cost leadership in procurement leads to cost-effective manufacturing.
  • A strong relationship with customers.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Lakh)
  30-Sep-21 31-Mar-21
Total Assets 5,691.53 4,996.78
Total Revenue 1,910.61 3,129.84
Profit After Tax 134.41 286.68

Key Performance Indicator

The market capitalization of Cool Caps IPO is Rs 43.93 Cr.

Pre IPO Post IPO
P/E (x) 16.38

Objects of the Issue (Cool Caps IPO Objectives)

The IPO aims to utilize the net proceeds towards the following purposes;
  • Fund working capital requirements.
  • Meet general corporate purposes.

Cool Caps IPO Review (May apply)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segment. Though its top-line marked growth, its bottom line witnessed pressure on margins. Based on its current financial data, the issue is fully priced. Risk seeker/cash surplus investors may consider parking of funds, others may ignore. Read detail review...


Cool Caps IPO Subscription Status (Bidding Detail)

The Cool Caps IPO is subscribed 7.91 times on March 15, 2022 5:00:00 PM. The public issue subscribed 11.25 times in the retail category, times in the QIB category, and 4.57 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII4.57
Retail11.25
Total7.91

Cool Caps IPO Prospectus

Cool Caps IPO Rating

228
4.1
Rating:Rated 4.1 stars
Vote Here ...

Cool Caps IPO Listing Details

Listing Date March 24, 2022
BSE Script Code
NSE Symbol COOLCAPS
ISIN INE0HS001010
Final Issue Price ₹38 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹38.00
₹35.90
₹34.15
₹37.65
₹37.65

Check IPO Performance…

Cool Caps Industries Limited Contact Details

Cool Caps Industries Limited
23 Sarat Bose Road, Flat No. 1C,
1st Floor, Kolkata – 700020

Phone: +91– 9903921338
Email: cs@coolcapsindustries.in
Website: http://www.coolcapsindustries.in/

Cool Caps IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: coolcaps.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Cool Caps IPO - Buy or Not

Cool Caps IPO Recommendation Summary

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

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Cool Caps IPO FAQs

Cool Caps IPO is a SME IPO of 3,060,000 equity shares of the face value of ₹10 aggregating up to ₹11.63 Crores. The issue is priced at ₹36 to ₹38 per share. The minimum order quantity is 3000 Shares.

The IPO opens on March 10, 2022, and closes on March 15, 2022.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

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

Steps to apply in Cool Caps 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 'Cool Caps 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 Cool Caps IPO opens on March 10, 2022 and closes on March 15, 2022.

Cool Caps IPO lot size is 3000 Shares, and the minimum amount required is ₹114,000.

You can apply in Cool Caps 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 Cool Caps IPO will be done on Monday, March 21, 2022, and the allotted shares will be credited to your demat account by Wednesday, March 23, 2022. Check the Cool Caps IPO allotment status.

The Cool Caps IPO listing date is on March 24, 2022.
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Cool Caps IPO Message Board

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261 Comments

104. Karan maidasani |   Link |  Bookmark |April 13, 2022 6:33:47 PM
Holding 1 lot here sold 1 at 44.5
103. Avenue |   Link |  Bookmark |April 12, 2022 3:27:39 PM
Cool Caps finally Hot !!!

@Lokes @Noorul @MRavi @snipperRaj and other friends... Your views on Cool Caps?

I have 2 lots ( sold 1 out of 3 earlier) and had target of 55 which it has achieved. But seeing sudden surge do you think It can be held for a few months/long term ???
103.3. lokes |   Link |  Bookmark |April 13, 2022 12:22:23 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@avenue: you were able to sell or missed? its going down today...
it would reduce risk for the last lot holding if you would have sold second lot at good price....
103.4. snipperRaj |   Link |  Bookmark |April 21, 2022 7:09:19 AM (300+ Posts, 200+ Likes)
@avenue i had lost patience in it and sold earlier at 47.5 even though i had conviction in it. Would suggest to hold atleast 1 lot as a new target of 80 possible.
102. Ravu |   Link |  Bookmark |April 11, 2022 10:37:04 PM (700+ Posts, 400+ Likes)
Looks like a very good patience needed . 20% UC Wow!!
101. Kanwarjit |   Link |  Bookmark |March 29, 2022 4:35:57 PM (200+ Posts)
@LOKES. THANKS FOR THE REPLY
100. Kanwarjit |   Link |  Bookmark |March 29, 2022 4:01:32 PM (200+ Posts)
@LOKES. I AM HOLDING 1 LOT OF COOL CAPS. KINDLY GUIDE SHOULD I SELL OR WAIT IF NOT RISKY
100.1. lokes |   Link |  Bookmark |March 29, 2022 4:30:16 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
As i mentioned in my other message:
"I sold one lot at 43.5 today and still holding other lot. Anyone can take decision as per this risk and holding capacity."
So if you don't want to take risk you can sell tomorrow around 42-44 etc. whatever it comes. No idea how it will move in near future, circuit already opened today here at its expected price range so i booked profit in 1 lot and holding other for little longer.
99. Manup |   Link |  Bookmark |March 29, 2022 10:31:15 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Successfully exited 2 lots @ 43.5
99.1. Ravu |   Link |  Bookmark |March 29, 2022 12:27:12 PM (700+ Posts, 400+ Likes)
They are doing fishing. Most likely we all give up, some strong hand will escape and continue swimming. Difficult to be that strong. I also sold. We don't know when drain the water.
98. Carn Mohan |   Link |  Bookmark |March 25, 2022 11:54:06 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
2 lots holder my target Rs 90
97. Manup |   Link |  Bookmark |March 25, 2022 10:28:41 AM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Now consecutive 2nd UC . Which price should experts expecting ?
96. lokes |   Link |  Bookmark |March 24, 2022 1:38:56 AM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
in my opinion, it can list around 42 to 45.....if listing around 40 or below, then it can be bought for longer term if someone not allotted in retail and if getting price above 48-50 during/after listing then better to book profit.
I am having 2 lots and no matter wherever it will list, i will sell 1 lot after listing and 1 lot i will keep holding for medium term at least around 4-6 months, i think this company business is good and can grow from here, it has good customers, pricing as per PE is also not expensive. Issue size is also reasonable.
96.8. lokes |   Link |  Bookmark |March 28, 2022 1:15:02 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@ipo-mitr: yes that's what i meant as in your second paragraph.....that it was looking like deliberate listing at low price by putting orders at such prices to manipulate and to create panic but finally its going as expected.
In kn agri and swaraj, looks again like operator play and some impact of today's market movement also may be but those are not even performing well after listing, gone wrong in those. Lets see in future how those will perform.
96.9. lokes |   Link |  Bookmark |March 29, 2022 1:30:57 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
So finally it came near 43.5 today and anyone could sell easily at these levels if someone bought during listing as i posted and whoever was holding this from ipo allotment. People would be lucky to get this at below issue price during listing as it was available much below my mentioned buy price of 40.
I sold one lot at 43.5 today and still holding other lot. Anyone can take decision as per this risk and holding capacity.
95. kikhi |   Link |  Bookmark |March 24, 2022 3:26:29 PM
Dear friends
I have got 1 lot. But I am not able to sell on angel. Please guide me which other brokers allow trading in sme IPOs.
95.1. Ram kumar I |   Link |  Bookmark |March 24, 2022 5:07:59 PM
zerodha, prostocks
94. Kanwarjit |   Link |  Bookmark |March 24, 2022 1:13:37 PM (200+ Posts)
@LOKES. THANKS FOR THE REPLY
93. Kanwarjit |   Link |  Bookmark |March 24, 2022 11:31:25 AM (200+ Posts)
@LOKES, MR RAVICHANDRAN ,IPOANALYSIS. GOOD MORNING TO ALL COOL CAPS PRICE NOW AT PAR. KINDLY GUIDE SHOULD I HOLD OR SELL. I HAVE 1LOT. AND NEW IN SME IPOS. IF HOLD THEN FOR HOW LONG. THANKS
93.1. lokes |   Link |  Bookmark |March 24, 2022 11:51:06 AM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
its better to hold at these levels.....these were good levels to buy even even as i informed.....operators made listing very low but now its at strong UC and near issue price.....selling you can consider above 40-42 only if you don't want to take risk....
92. MehulStk |   Link |  Bookmark |March 24, 2022 11:38:21 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Again at very crucial moment message posting got stopped plz admin look after this issue, its very serious issue as we need some guidance to get the right decision on right time based on community discussion.
92.1. lokes |   Link |  Bookmark |March 24, 2022 11:47:01 AM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
ya it is there from long time.
@admin is not checking, not responding, no idea whats the issue.
@avenue also raised this point.
91. Amit Jaipur |   Link |  Bookmark |March 24, 2022 11:07:38 AM
IPO Guru IPO Guru (1400+ Posts, 1400+ Likes)
Kya baat hai LC se UC.Apun to nikal gaye bhaiya kamjor dilwale they 35.25 mai dono lot.
91.1. Vantage |   Link |  Bookmark |March 24, 2022 11:24:02 AM
is it UC or no trading is happening and that s why its flattish..
90. snipperRaj |   Link |  Bookmark |March 24, 2022 9:57:21 AM (300+ Posts, 200+ Likes)
Worst case risk of downwall is max 3-4 rs and max reward possibility is 25 rs in short term of listing to 10 days hold period. So hold your horses as risk to reward is pretty good. Buying will be there as company management seems enterprising and target market seems to have reasonable scope because of high consumbability in summers. More dhakkans to be used ;).
90.1. Bhav |   Link |  Bookmark |March 24, 2022 10:59:10 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
I am holding 2 lots,
90.2. snipperRaj |   Link |  Bookmark |March 24, 2022 11:14:32 AM (300+ Posts, 200+ Likes)
I will hold both it for target 55 of 5 days. It seems to me that operator seems to had ~70 lots and was able to open it lower equillibirum price by putting sell orders at 11.40 and bought himself more at 35-36.
89. MehulStk |   Link |  Bookmark |March 24, 2022 11:08:48 AM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Very surprising listing, Still holding my all 3 lots. Hope it will give 2 or 3 UC from here.
88. Ravu |   Link |  Bookmark |March 24, 2022 11:07:24 AM (700+ Posts, 400+ Likes)
Finally it is at par
87. Carn Mohan |   Link |  Bookmark |March 24, 2022 11:06:50 AM
IPO Guru IPO Guru (1300+ Posts, 500+ Likes)
Cool cool chal raha?
86. Cautious ProPrio |   Link |  Bookmark |March 24, 2022 10:59:00 AM
IPO Guru IPO Guru (2100+ Posts, 1200+ Likes)
Listing 35.90 and 288000 changed hand at LC
85. i For IPO ☑️ |   Link |  Bookmark |March 24, 2022 10:54:38 AM
IPO Mentor IPO Mentor (600+ Posts, 800+ Likes)
Disappointing Listing 😕