Listed Price₹251.20
Listing Gain-20.00%
Price Band₹298 - ₹314
Lot Size400 shares
Min Bid₹1,25,600
Subscription1.16x
Listed Market Snapshot
₹251.20Listed price from market data
-20.00%listing gain
Issue Amount
₹57.21 Cr
Listed Price
₹251.20
Current Price
₹1114.65
Registrar
Mas Services Limited
Timeline•Bookbuilding IPO
Open14 Jun 2023
Close21 Jun 2023
Allotment26 Jun 2023
Listing30 Jun 2023
Quota Reservation Portions
QIBPortion: 34,400 shares
1.89%Nii (hni)Portion: 3,98,400 shares
21.87%RetailPortion: 12,98,000 shares
71.24%Market MakerPortion: 91,200 shares
5.01%Minimum Application Bracket Matrix
Retail1 lots / 400 shares
₹1,25,600HNI2 lots / 800 shares
₹2,51,200About the Company
Incorporated in 2021, Cosmic CRF Limited is engaged in supplying cold-rolled stainless sections to manufacturing companies and directly to Indian Railways through tender procurement. Its major clients include Titagarh Wagons, Hindusthan Engineering & Industries, Melbrow Engineering Works, Jindal Rail Infrastructure, and Allied Construction Engineers & Fabricators. Through a Business Transfer Agreement dated January 19, 2022, Cosmic CRF acquired the CRF unit of Cosmic Ferro Alloys Limited in West Bengal, spanning 3.82 acres. The unit produces cold-rolled stainless sections for railways, infrastructure, EPC projects, and highways. As of March 31, 2023, the company’s order book stood at ₹53,640.82 lakhs.
Company Promoters
Mr. Aditya Vikram Birla