7 THINGS TO KNOW BEFORE C P S SHARPERS LIMITED

Company Overview:

• C P S Shapers Limited IPO was incorporated in 2012.
• The company operates in the business of manufacturing Shapewear for both Men and Women.

Product Range and Brands:

• The company manufactures and markets Shapewear for Men and Women under the brands:
• Dermawear: Empowering confidence with the motto “Shape up with Confidence.”
• YDIS (Your Dress Is Shapewear): Catering to shaping needs for various dresses.
• Their product portfolio includes a variety of shapewear:
• Saree Shapewear
• Mini Shaper
• Sports Bra
• All Mini corsets
• Tummy Reducer
• All Zenrik
• Slimmer
• Active Pants
• Denim
• Mask
• Other shapewear items

Market Presence:

• C P S Shapers has a PAN India presence, with a distributor network spanning across 28 states and 8 Union territories in the domestic market.
• The company’s products are not limited to India; they also export to five countries: Canada, Germany, Australia, the United Kingdom, and the United States of America.

Manufacturing and Warehousing:

• The company’s manufacturing unit is located in Meerut, Uttar Pradesh.
• Warehousing facilities are situated in Palghar, Maharashtra, and Tiruppur, Tamil Nadu.

Financials of the Company:

Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,102.02	1,275.48	1,751.20
Revenue	1,441.71	2,668.84	3,696.16
Profit After Tax	38.05	157.06	246.09
Net Worth	-228.03	-70.97	175.12
Reserves and Surplus	-278.03	-120.97	125.12
Total Borrowing	947.57	935.57	1,043.66

Objects of the Issue

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 (I have applied)

 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

C P S Shapers IPO Subscription Status (Bidding Detail)

As of August 29, 2023, at 7:29 PM, the C P S Shapers IPO has been subscribed 16.64 times.

• The public issue has been subscribed 28.31 times in the retail category.
• In the Qualified Institutional Buyer (QIB) category, the subscription details are not provided (“times”).
• The Non-Institutional Investor (NII) category has been subscribed 4.95 times.

Check Day by Day Subscription Details (Live Status)

C P S Shapers SME IPO GMP

• The last Grey Market Premium (GMP) for C P S Shapers SME IPO was ₹70, last updated on August 29th, 2023 at 08:00 PM.
• With a price band of ₹185.00, the estimated listing price for C P S Shapers SME IPO is ₹255 (cap price + today’s GMP).
• The expected percentage gain/loss per share is 37.84%.

C P S Shapers SME IPO Retail Subject to Sauda:

• The Retail Subject to Sauda for C P S Shapers SME IPO is ₹31,900.

check live Gmp details(status)

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