58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Cosmic CRF Limited IPO (Cosmic CRF IPO) Detail

Cosmic CRF IPO is a book build IPO listing on BSE SME exchange. The company is based in Kolkata and caters to Steel sector. Horizon Management Private is the merchant banker of Cosmic CRF IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st April 2023.

Cosmic CRF IPO open date is 14th June 2023 and close date is 21st June 2023. IPO Allotment Date is 26th June 2023 and Listing date is 30th June 2023.

IPO Category : SME
Exchange : BSE SME
Issue Type : Book Building

Cosmic CRF IPO Date

Date of DRHP:
21st April 2023
IPO Allotment Date:
26th June 2023
IPO Open Date:
14th June 2023
Initiation of Refund:
27th June 2023
IPO Closing Date:
21st June 2023
IPO Listing Date:
30th June 2023

Cosmic CRF IPO Info, Size, Subscription

Cosmic CRF IPO size is Rs 57.21 Cr. crores with IPO price of Rs 314.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 57.21 Cr.

Issue Price:
₹ 314.00

Market Capitalisation :
₹ 228.43 Cr.

PE multiple :
35.64

Subscription :
1.16 times

Pre Issue Promoter Holding :
98.42 %

Post Issue Promoter Holding :
72.52%

Cosmic CRF IPO Information

Sub Sector : Supplier of cold rolled stainless sections
Cosmic CRF is a qualified and an RDSO approved supplier of cold rolled stainless sections to renowned wagon manufactures such as, Titagarh Wagons Limited, Hindusthan Engineering & Industries Limited, Melbrow Engineering Works Private Limited, Jindal Rail Infrastructure Limited, Allied Construction Engineers & Fabricators, etc. In addition to this, the Company also supplies cold rolled stainless sections to direct orders of the railways through tender procurement. As of March 31, 2023, the total order book value of the Company is Rs 53,640.82 lakhs, out of which orders amounting to Rs 13,566.33 lakhs have been executed and orders amounting to Rs 40,074.48 lakhs are ongoing. Further, as of March 31, 2023, the Company has completed 25 orders for supply of cold rolled stainless sections and 23 order
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Object of Issue (Cosmic CRF IPO Objectives)

  • Funding the expansion of existing manufacturing unit
  • Funding of working capital requirement
  • Prepayment or repayment of all or a portion of certain unsecured loans
  • General Corporate Purposes

Horizon Management Private Limited is the book-running lead manager of the Cosmic CRF IPO. Mas Services Limited is the Registrar and Market Maker is Giriraj Stock Broking Private Limited for Cosmic CRF IPO.

Cosmic CRF IPO Market Maker

Giriraj Stock Broking Private Limited

Cosmic CRF IPO Registrar (RTA)

Mas Services Limited

Cosmic CRF IPO Lead Manager (BRLM)

Horizon Management Private Limited

Cosmic CRF IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Cosmic CRF IPO?

Cosmic CRF IPO, based in Kolkata, operates in the   Steel sector with a focus on Supplier of cold rolled stainless sections. The company is launching its SME IPO on the BSE SME exchange, using the Book Building Issue method. Cosmic CRF IPO size is ₹ 57.21 Cr. Crores with fresh issue size of Rs 57.21 Cr. Crores and Offer for sale being Nil.

When is Cosmic CRF IPO allotment?

The IPO allotment date for Cosmic CRF IPO is expected to be 26th June 2023, after the finalization of basis of allotment. Investors can check Cosmic CRF IPO allotment status on the registrars website, Mas Services Limited. Cosmic CRF IPO refund dates are 27th June 2023.

When is Cosmic CRF IPO listing date?

Cosmic CRF IPO is expected to be listed on 30th June 2023.

What is the price band for Cosmic CRF IPO?

The upper price band for the Cosmic CRF IPO is set at ₹ 314.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Cosmic CRF IPO Review?

For IPO analysis on Cosmic CRF IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Cosmic CRF IPO?

To apply for the Cosmic CRF IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 21st June 2023. After submission, funds are blocked until the basis of allotment of Cosmic CRF IPO is finalised.

Who is the merchant banker of Cosmic CRF IPO?

The merchant banker for Cosmic CRF IPO is Horizon Management Private Limited . Horizon Management Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Cosmic CRF IPO RHP for further details.

Who is the Registrar of Cosmic CRF IPO?

The registrar for Cosmic CRF IPO is Mas Services Limited. Investors can go to Mas Services Limited registrar website for IPO allotment status, refund processing, and other queries related to Cosmic CRF IPO through their official website or helpline.

What is the Cosmic CRF IPO subscription?

Cosmic CRF IPO was subscribed 1.16 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 57.21 Cr. Avg IPO Size (Sector Based) : ₹ 32.34 Cr.
  • Sector: Steel SME IPO so far: 26
  • Merchant Banker: Horizon Management SME IPO by BRLM so far: 47
  • City: Kolkata SME IPO so far: 69
  • Revenue (annualised): ₹ 121.48 cr.
            PAT: (annualised): ₹ 6.41 cr.
  • PE Ratio: 35.64x Average Sector PE Ratio: 16.09x
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FAQs

Cosmic CRF IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Cosmic CRF Financial Review Page

Cosmic CRF IPO subscription was 1.16 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Cosmic CRF IPO listed at a listing price of 251.20 against the offer price of 314.00.

The current market price of Cosmic CRF is 1328.60.

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