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IPO Snapshot    
Comrade Appliances Ltd.
Issue Open Date 31-May-23  
Issue Closing Date 05-Jun-23  
Application Money 100  
Allotment Money  
Price Band 52 - 54  
Minimium Application No. 2000  
Issue Size (Shares) 2278000  
Market Lot 1.00  
Objective
1) Working Capital Requirements.2) General Corporate Purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   440000   53144000   120.78  
Qualified Institutional Buyers   432000   9442000   21.86  
Retail Individual Investors   758000   54638000   72.08  
Business Description
Our Company is engaged in the process of manufacturing an extensive array of Air Coolers and Electric Geysers. We manufacture consumer durable goods and assemble a wide array of products and provide end-to-end product solutions. We serve under both original eq
more...
Promoter's Holding
Total Share Capital   5250785  
Offered to Public   2278000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   69.74  
Address
Office No. 303
A-wing
3rd Floor
Key Tech Park
Sadhna Soap Lane
Off S. V. Road
Jogeshwari (West)
Mumbai ,
Maharashtra ,
400102
Phone: 022-66959545
Email: info@comrade.net.in
Website: www.comrade.net.in
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Gretex Corporate Services Pvt Ltd.
Promoters
Khursheed Alam
Mehboob Alam
Troupe Technologies Pvt Ltd.
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