Comrade Appliances Ltd
Price Range
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Comrade Appliances Ltd IPO Timeline
Comrade Appliances Limited was originally incorporated as Comrade Appliances Private Limited on March 22, 2017 issued by Registrar of Companies, Central Registration Centre. Subsequently, the Company converted to Public Limited Company and the name of Company was changed to Comrade Appliances Limited' vide Fresh Certificate of Incorporation on December 13, 2022 by the Registrar of Companies, Mumbai. The Company is engaged in the process of manufacturing a wide range of Air Coolers and Electric Geysers.
| Event | Date |
|---|---|
| Comrade Appliances Ltd IPO Opening Date | 31 May 2023 |
| Comrade Appliances Ltd IPO Closing Date | 5 June 2023 |
| Basis of Allotment | 8 June 2023 |
| Initiation of Refunds | 9 June 2023 |
| Credit of Shares to Demat | 12 June 2023 |
| Comrade Appliances Ltd IPO Listing Date | 13 June 2023 |
Comrade Appliances Ltd IPO Details
| Comrade Appliances Ltd IPO Date | - |
| Comrade Appliances Ltd IPO Face Value | - |
| Comrade Appliances Ltd IPO Price | - |
| Comrade Appliances Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | Not more than 4,32,000 of the Net Offer |
| Retail Shares Offered | Not less than 7,58,000 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 4,40,000 of the Net Offer |
| Company Promoters | Troupe Technologies Pvt Ltd, Khursheed Alam, Mehboob Alam |
Comrade Appliances Ltd IPO Lot Size
The Comrade Appliances Ltd IPO lot size is Invalid Number shares. A retail-individual investor can apply for up to NaN lots (NaN shares or ₹NaN).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | - | - |
| Maximum | - | - | - |
- Strengths
- Risks
- Opportunities
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Company Financials
Comrade Appliances Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 73.45 | 57.42 | 0.53 |
| 03-2024 | 39.91 | 29.1 | 0.53 |
| 03-2023 | 27.53 | 26.99 | 1.64 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Working Capital Requirements
- General Corporate Purposes
Comrade Appliances Ltd IPO Promoter Holding
| Pre Issue Share Holding | 35.21% |
| Post Issue Share Holding | 24.56% |
Comrade Appliances Ltd IPO Subscription Status (Bidding Detail)
The Comrade Appliances Ltd IPO is subscribed 5.11 times on NaN Invalid undefined 05:00:00 PM. The public issue subscribed 9.42 times in the retail category, 0.01 times in the QIB category, and 2.68 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 0.01 | 2.68 | 9.42 | - | 5.11 |
Comrade Appliances Ltd IPO Prospectus
Comrade Appliances Ltd IPO Listing Date
| BSE Script | 543921 |
| NSE Symbol | - |
| Listing In | - |
| ISIN | INE0NXA01015 |
| IPO Price | ₹54 |
| Face Value | ₹10 |
Company Contact Information
Shop No 39 Ground Level IDewan Centre 183-186 SV Road,Mumbai-400102
Phone: 91-22-66959545
Email: info@comrade.net.in
Website: www.comrade.net.in
Comrade Appliances Ltd IPO Registrar
Comrade Appliances Ltd IPO Lead Manager(s)
- Gretex Corporate Services Ltd
FAQ
What is the issue size of Comrade Appliances Ltd IPO?
I have pre-applied for Comrade Appliances Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.