The allotment of shares of the Initial Public Offering of CPS Shapers is likely to take place on Tuesday September 5, any time during the day. The IPO is a fixed price issue with a total issue size of Rs 11.10 crore. Following the allotment and credit of shares to the subscribers of the IPO, the shares would list on NSE SME.
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CPS Shapers IPO: About the CompanyThe company is engaged in the business of manufacturing Shapewear for men and women.
The company’s 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 Meerut, Uttar Pradesh.
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CPS Shapers IPO: Subscription The subscription for the IPO opened on Tuesday, August 29 and closed on Thursday, August 31. The IPO received a massive subscription of of 253.97 times on August 31.
CPS Shapers IPO: GMPThe shares of CPS Shapers IPO is currently trading at a premium of Rs 100 to Rs 125 per share in the grey market according to several websites tracking grey market premium.
CPS Shapers IPO: Allotment DateThe shares are likely to be allotted to the subscribers of the IPO on Tuesday, September 5.
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CPS Shapers IPO: Listing DateFollowing the allotment and credit of the shares to the demat accounts of the subscribers, the shares are likely to be listed on Friday, September 8.
CPS Shapers IPO: RegistrarThe registrar of CPS Shapers IPO is Bigshare Services Pvt Ltd.
CPS Shapers IPO: How to check Allotment Status online?On the day of the allotment, the subscribers can check their allotment status on the website of Bigshare Services Pvt Ltd at https://ipo.bigshareonline.com/ipo_status.html
