Cosmic CRF IPO Details | GMP, Date, Price, Review, Allotment

Cosmic CRF IPO

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Cosmic CRF IPO Details ( Cosmic CRF Limited IPO Review )

(14 Jun 2023 – 16 Jun 2023)

Cosmic CRF Limited, established in 2021, is a supplier of cold-rolled stainless sections specifically designed for manufacturing companies.

Cosmic CRF boasts an impressive roster of clients, which features renowned companies such as Titagarh Wagons Limited, Hindusthan Engineering & Industries Limited, Melbrow Engineering Works Private Limited, Jindal Rail Infrastructure Limited, Allied Construction Engineers & Fabricators, and more. Additionally, the company caters to the railways specific needs by providing cold rolled stainless sections through tender procurement.

In accordance with the Business Transfer Agreement executed on January 19, 2022, the company successfully obtained the CRF division of Cosmic Ferro Alloys Limited. This acquisition encompassed a manufacturing facility situated in West Bengal, spanning approximately 3.82 acres, which included essential assets such as plants, machinery, and liabilities. The unit specializes in the production of diverse cold-rolled stainless sections, including fabricated items for railway applications, as well as cold-rolled formed items for wagons, coaches, infrastructure companies, EPC projects, and products catering to roadways and national highways.

As of March 31, 2023, the company’s total order book value stands at ₹ 53,640.82 lakhs. Out of this, executed orders amount to ₹ 13,566.33 lakhs, while ongoing orders amount to ₹ 40,074.48 lakhs. Additionally, the company has successfully completed 25 orders for the supply of cold rolled stainless sections, and currently has 23 ongoing orders in this category as of the same date.

Our Company is experiencing an increase in demand of its products and in order to cover the difference between the demand and the supply of products, and in order to tap the growing market, it intends to enhance the manufacturing facility by 18,000 MTPA to a total of 36,000 MTPA.

Cosmic CRF Limited Company Product

Cosmic CRF Limited IPO Competitive Strength

  • A reputed private sector manufacturer of cold rolled stainless sections in India
  • Long term sourcing arrangements for components
  • Strong focus on innovation
  • Effective Cost Control Management
  • Quality Assurance and Quality Control of our products
  • Strong Order Book

Cosmic CRF IPO Financials Performance ( Results )

Cosmic CRF Limited Financial Information ( Restated )

All Amount in ₹ Lakhs

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of IPO Issue

  • 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

Cosmic CRF IPO Basic Details

IPO DateJun 14, 2023 to Jun 16, 2023
Listing DateMonday, June 26, 2023
Face Value₹10 per share
Price₹314 to ₹330 per share
Lot Size400 Shares
Issue Size1,822,000 shares
(aggregating up to ₹60.13 Cr)
Fresh Issue1,822,000 shares
(aggregating up to ₹60.13 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Company PromotersAditya Vikram Birla

Cosmic CRF IPO Reservation

Anchor Investor Shares Offered
Market Maker Shares Offered91,200 (5.01%)
QIB Shares Offered34,400 (1.89%)
NII (HNI) Shares Offered398,400 (21.87%)
Retail Shares Offered1,298,000 (71.24%)
1,822,000 (100%)1,822,000 (100%)

Cosmic CRF IPO Timetable

Cosmic CRF IPO will open on June 14, 2023 and close on June 16, 2023. You can join Cosmic CRF IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date14 June 2023 (Wednesday)
Closing Date16 June 2023 (Friday)
Basis of Allotment21 June 2023 (Wednesday)
Initiation of Refunds22 June 2023 (Thursday)
Credit of Shares to Demat23 June 2023 (Friday)
Listing Date26 June 2023 (Monday)
Deadline for UPI mandate confirmation5 PM on June 16, 2023

Cosmic CRF IPO Lot Size

For retail investors in Cosmic CRF IPO, 400 shares will come in 1 lot or the minimum investment will be ₹132,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹132,000.

Retail (Min)1400₹132,000
Retail (Max)1400₹132,000
S-HNI (Min)2800₹164,000

Cosmic CRF IPO Promoter Holding

Pre Issue Share Holding98.42%
Post Issue Share Holding72.52%

Cosmic IPO Valuation – FY2022

Earning Per Share (EPS)₹13.50 per Equity Share
Price/Earning P/E RatioComing Soon
Return on Net Worth (RoNW)39.35%
Net Asset Value (NAV)₹22.34 per Equity Share
Upper Price/Book Value (Price/BV) RatioComing Soon

Cosmic CRF Ltd Key Performance Indicator

Market Cap (₹ Cr.)165.65
P/E (x)Coming Soon
ROE Ratio0.51
ROCE Ratio0.23

Cosmic CRF Ltd Peer Comparison

There are no listed companies in India that are comparable in all aspects of business and services that we provide. Accordingly, it is not possible to provide an industry comparison in relation to our Company.

Cosmic CRF IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
29 June 2023₹-1
28 June 2023₹-1
27 June 2023₹-1
26 June 2023₹-1
25 June 2023₹-1
24 June 2023₹-1
23 June 2023₹-1
22 June 2023₹-1
21 June 2023₹-1
20 June 2023₹-1
19 June 2023₹0
18 June 2023₹0
17 June 2023₹5
16 June 2023₹6
15 June 2023₹11
14 June 2023₹11
13 June 2023₹10
12 June 2023₹18
11 June 2023₹20
10 June 2023₹0

Cosmic CRF IPO Detail Video:

Cosmic CRF IPO Subscription Status (Bidding Detail)

The Cosmic CRF IPO on June 21, 2023 at 7:29:00 PM was subscribed 1.16 times, with the retail category being subscribed 0.60 times, the NII (Non-Institutional Investor) category being subscribed 2.76 times and the QIB (Qualified-Institutional Buyers) category being subscribed 3.76 times.


Cosmic CRF IPO Prospectus

Cosmic CRF  IPO DRHPDownload
Cosmic CRF IPO RHPDownload

Cosmic CRF IPO Rating

Our Rating3.0/5.0

Cosmic CRF Company Contact Information

Cosmic CRF Limited

Registered Office: 19, Monohar Pukur Road, Kolkata – 700 029, West Bengal, India
Telephone: +91 810 086 2182
Facsimile: +91 337 964 7499
Contact Person: Anita Kumari Gupta, Company Secretary & Compliance Officer
Corporate Identity Number: U27100WB2021PLC250447
Promoter Of Our Company: Aditya Vikram Birla

Cosmic CRF IPO Registrar

MAS Services Limited

Registered Office: T-34, 2nd Floor, Okhla Industrial Area, Phase – II,
New Delhi -110 020, Delhi, India;
Telephone: +91 112 638 7281/83, 4132 0335;
Facsimile: +91 112 638 7384
Email ID:
Investor grievance:
Contact Person: N C Pal
SEBI Registration: INR 000000049
Validity: Permanent

Cosmic CRF IPO Lead Manager

Horizon Management Private Limited

Registered Office: 19 R N Mukherjee Road, Main Building, 2nd Floor
Kolkata- 700 001,West Bengal, India.
Telephone: +91 33 4600 0607
Facsimile: +91 33 4600 0607
Email ID:
Investor Grievance ID:
Contact Person: Manav Goenka
SEBI Registration Number: INM000012926
Validity: Permanent


What is the lot size of Cosmic CRF IPO?

The total size of Cosmic CRF IPO is ₹60.13 crores and this is a complete fresh Issue.

When will Cosmic CRF IPO start?

Cosmic CRF IPO will Open from 14 June 2023 and IPO will Close on 16 June 2023.

What is the open date of Cosmic CRF IPO?

Cosmic CRF IPO will open date from 14 June 2023.

What is the last date ( close date ) of Cosmic CRF IPO?

Cosmic CRF IPO will close from 16 June 2023.

What is the price band of Cosmic CRF IPO?

Cosmic CRF IPO price band is ₹314 to ₹330. ( Upper Price Band: ₹330, Lower Price Band: ₹314 )

What is the minimum amount required to apply for Cosmic CRF IPO?

The minimum investment for retailers to apply for Cosmic CRF IPO is ₹132,000 and the maximum investment is ₹132,000.

What is going on gray market premium of Cosmic CRF IPO?

View gray market premium of Cosmic CRF IPO by Clicking Here

How much is the GMP of Cosmic CRF IPO?

Watch Cosmic CRF IPO GMP Today: Click Here

What is the allotment date of Cosmic CRF IPO?

The allotment date of Cosmic CRF IPO is 21 June 2023.

How to check allotment status in Cosmic CRF IPO?

To check the allotment status of Cosmic CRF IPO, first of all go to the registrar website by clicking here, select your bad Cosmic CRF IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Cosmic CRF IPO?

The Listing Date of Cosmic CRF IPO is 26 June 2023.

How much will be the listing gain in Cosmic CRF IPO?

View listing gain of Cosmic CRF IPO by Clicking Here

How much time Cosmic CRF IPO is subscribed?

Total 1.16 times subscribed in Cosmic CRF IPO out of which 0.60 times subscription was done in retail quota, 2.76 times subscription in NII quota and 3.76 times subscription in QIB quota.

How to apply for Cosmic CRF IPO from Upstox?

Click Here to see how to apply for Cosmic CRF IPO from Upstox. (step by step)

How to apply for Cosmic CRF IPO from Zerodha?

Click Here to see how to apply for Cosmic CRF IPO from Zerodha. (step by step)

How to apply for Cosmic CRF IPO from Angle One?

Click Here to see how to apply for Cosmic CRF IPO from Angle One. (step by step)

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