Keep up with personal finance and investing trends. Stock Market, Mutual Funds, Insurance, and lot more.
All that you should know about the Company before applying for the IPO.
The public issue of equity shares of C.E. Info Systems Limited will open for subscription on December 10, 2021 and closes on December 14, 2021. It is expected to list on the stock exchanges on December 22, 2021. What does the company do? Why is the company going public? Who are its key competitors? Its key strengths, and lot more. Here’s everything that you want to know about the company to analyse the IPO.
The company is one of the largest Indian footwear speciality retailers, and is among the aspirational Indian brands in the footwear category . It opened its first store under the Metro brand in Mumbai in 1955, and have since evolved into a one-stop shop for all footwear needs, by retailing a wide range of branded products for the entire family including men, women, unisex and kids, and for every occasion including casual and formal events. It also offers accessories such as belts, bags, socks, masks and wallets, at its stores. The Company retails footwear under its own brands such as Metro, Mochi, Walkway, Da Vinchi and J. Fontini as well as certain third-party brands such as Crocs, Skechers, Clarks, Florsheim, and Fitflop.
The Company focuses on economy, mid and premium segments in the footwear market. Its retail operations are carried out through its stores and distributors as well as through online channels. It has 3rd highest number of exclusive retail outlets in India. As of September 30, 2021, the Company operated 598 Stores across 136 cities spread across 30 states and union territories in India.
Rafique A. Malik, Farah Malik Bhanji, Alisha Rafique Malik, Rafique Malik Family Trust and Aziza Malik Family Trust
Given below are the objectives of the Company –
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
The Offer comprises a Fresh Issue by the company and an Offer for Sale by the selling shareholders. The company will not receive any proceeds from the Offer for Sale.
|IPO Size||₹ 1,367.51 Crore*|
|Offer Mix||Fresh Issue ₹ 295 Crore + Offer For Sale ₹ 1,072.51 Crore|
|Price Band||₹ 485 - ₹ 500|
|Lot Size||30 Shares (& in multiples thereof)|
|Face Value||₹ 5|
|Application Amount||Min. ₹ 15,000 (1 lot) | Max. ₹ 1,95,000 (13 lots) [at upper price band]|
|Listing on||NSE & BSE|
|Registrar||Link Intime India Private Limited|
|Cut-off time for UPI Mandate Confirmation||15-Dec-2021 (up to 12:00 PM)|
₹ 683.75 Crore
(50% of Issue Size)
₹ 205.13 Crore
(15% of Issue Size)
₹ 478.63 Crore
(35% of Issue Size)
|IPO Opens||December 10, 2021|
|IPO Closes||December 14, 2021|
|Finalization of the basis of allotment||December 17, 2021|
|Unblocking of funds / Initiation of refunds||December 20, 2021|
|Credit of equity shares to Demat accounts||December 21, 2021|
|Listing of equity shares||December 22, 2021|
Apply online in just 5 minutes!Apply Now Investment in securities market is subject to market risks, read all the related documents carefully before investing.
Wealthstreet is one-stop solution for all your financial requirements.
© 2021 Wealthstreet Financial Services Private Limited. All Right Reserved.
Wealthstreet refers to Wealthstreet Financial Services Private Limited. Wealthstreet Financial Services Private Limited: INZ000157331 (Member of NSE, BSE and MCX). Wealthstreet Financial Services Private Limited acts in the capacity of a distributor for Mutual Funds having AMFI Registration Number – 118251.
Mutual Fund Investments are subject to market risks. Please read all scheme related documents carefully before investing. Investment in the securities involves risks. The user is required to undergo risk profiling before investing. Guided view is indicative in nature and is based on the information provided by the user voluntarily. Each user of this information should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred here (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment. Past performance is not necessarily a guide to future performance.
The information contained in this website is for general information purposes only. The information is provided by Accord Fintech Private Limited. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the timeliness, completeness, accuracy, reliability, suitability or availability with respect to the website or the information or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. Wealthstreet Financial Services Private Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this website.
Content Powered by Accord Fintech Pvt. Ltd.
Broking and DP services offered by Wealthstreet Financial Services Private Limited under SEBI Registration No.: INZ000157331 (Member of NSE, BSE and MCX) and IN-DP-CDSL-361-2018 (DP with CDSL). Investor grievance resolution team, Tel: 079-66775500, Email ID: email@example.com. Name of the Compliance Officer for Trading & DP – Mr. Suren Pandya, Email ID: firstname.lastname@example.org. Corporate Office: A – 1101, Mondeal Heights, S.G.Highway, Ahmedabad – 380015.; Tel. 079-66775500.
Link to SCORES portal – https://www.scores.gov.in/scores/Welcome.html