C P S Shapers Limited IPO

ncorporated in 2012, C P S Shapers Limited is engaged in the business of manufacturing Shapewear for Men and Women.

The company manufactures and sells Shapewear for Men and Women through its brands -Dermawear with the motto Shape up with Confidence and YDIS (Your Dress Is Shapewear), through both, online and offline channels.

C P S Shapers’ product portfolio includes Saree Shapewear, Mini Shaper, Sports Bra, All Mini corsets, Tummy Reducer, All Zenrik, Slimmer, Active Pants, Denim, Mask, and other shapewear. It has a PAN India presence with a distributor network in 28 states and 8 Union territories for its domestic market. It also exports to 5 countries namely Canada, Germany, Australia, United Kingdom, United States of America.

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

C P S Shapers IPO Details

C P S Shapers IPO is a Fixed Price Issue. The IPO total issue size is Rs 11.10 Cr. The C P S Shapers IPO price is ₹185 per share. The IPO will list on NSE SME.

IPO Date	Aug 29, 2023 to Aug 31, 2023
Listing Date	[.]
Face Value	₹10 per share
Price	₹185 per share
Lot Size	600 Shares
Total Issue Size	600,000 shares (aggregating up to ₹11.10 Cr)
Fresh Issue	600,000 shares (aggregating up to ₹11.10 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	1,500,000
Share holding post issue	2,100,000
Market Maker portion	31,200 shares Shreni Shares

C P S Shapers IPO Reservation

Other Shares Offered	50%
Retail Shares Offered	Not less than 50.00% of the Offer

C P S Shapers IPO Timetable (Tentative)

C P S Shapers IPO opens on Aug 29, 2023, and closes on Aug 31, 2023.

IPO Open Date	Tuesday, 29 August 2023
IPO Close Date	Thursday, 31 August 2023
Basis of Allotment	Tuesday, 5 September 2023
Initiation of Refunds	Wednesday, 6 September 2023
Credit of Shares to Demat	Thursday, 7 September 2023
Listing Date	Friday, 8 September 2023
Cut-off time for UPI mandate confirmation	5 PM on Aug 31, 2023

C P S Shapers IPO Lot Size

The minimum lot size of this C P S Shapers IPO is 600 shares required is ₹111,000.

Application	Lots	Shares	Amount
Retail (Min)	1	600	₹111,000
Retail (Max)	1	600	₹111,000
HNI (Min)	2	1,200	₹222,000

C P S Shapers IPO Promoter Holding

The Promoters of the company are Mr. Abhishek Kamal Kumar and Mr. Rajendra Kumar.

Pre Issue Share Holding	99.80%
Post Issue Share Holding

Company Financials

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

Amount in ₹ Lakhs

Key Performance Indicator

KPI	Values
P/E (x)	11.28
ROE	4.73%
ROCE	0.28%
Debt/Equity	5.96
EPS (Rs)	16.41
RoNW	140.53%

Objects of the Issue

The company intends to utilize the net proceeds from the issue towards the funding of the following objects:

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.

Company Contact Information

C P S Shapers Limited
201-204, 2nd Floor, Swamini Industrial Estate No 3
Opp. Varun Industries, Nanal Nagar, Waliv,
Vasai East, Palghar – 401 208
Phone: +91 9084735560
Email: investor@dermawear.co.in
Website: https://www.cpsshapersltd.com/

C P S Shapers IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html