Capacit'e Infraprojects IPO
Capacit'e Infraprojects IPO — date, price band, lot size & details 2017
Capacit'e Infraprojects listed on 25 Sep 2017 at ₹399, 59.6% above the ₹250 issue price.
Capacit'e Infraprojects is a Mumbai based construction company building residential, commercial and institutional buildings in metro cities. Its total income was Rs 1,139.95 crore in FY2017.
Stock price
Capacit'e Infraprojects is listed — here is the live share price.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Timetable
Key dates from opening to listing. Today is 14 November.
- Open 13 Sep 2017
- Close 15 Sep 2017
- Allotment 21 Sep 2017
- Refund/credit 22 Sep 2017
- Listing 25 Sep 2017
Issue summary
The terms of the offer, as filed.
| IPO Dates | 13 to 15 Sep, 2017 |
|---|---|
| Price Band | ₹245 – ₹250 |
| Face Value | ₹10 |
| Lot Size | 60 Shares |
| Issue Size | ₹400 Cr |
| Sale Type | Fresh capital only |
| Listing On | BSE, NSE |
| Registrar | KFin Technologies Limited |
| Min Investment | ₹ 15,000 |
Share of the offer set aside for each investor category, as stated in the offer document.
What will it cost me?
Bidding is in multiples of 60 shares at the ₹250 cut-off. Drag to size your application.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 60 | ₹15,000 |
| Retail (max) | 13 | 780 | ₹1,95,000 |
| S-HNI (min) | 14 | 840 | ₹2,10,000 |
| S-HNI (max) | 66 | 3,960 | ₹9,90,000 |
| B-HNI (min) | 67 | 4,020 | ₹10,05,000 |
Strengths & risks
Drawn from the offer document — the case for and against, side by side.
Strengths · 4
- 01Total income rose from Rs 512.19 crore in FY2015 to Rs 1,139.95 crore in FY2017.
- 02Profit after tax rose from Rs 30.77 crore in FY2015 to Rs 69.31 crore in FY2017.
- 03Net worth rose from Rs 56.90 crore in FY2015 to Rs 299.14 crore in FY2017.
- 04Total borrowing fell from Rs 156.14 crore in FY2016 to Rs 119.47 crore in FY2017.
Risks · 5
- 01Rs 250.00 crore of the issue was for working capital, which building contracts tie up.
- 02Its work depends on real estate developers in metro cities, whose finances can be weak; total assets were Rs 1,026.45 crore.
- 03The company was set up only in 2012, so its record is short.
- 04Income more than doubled in two years, which raises execution risk; profit was Rs 69.31 crore in FY2017.
- 05Promoter holding fell from 57.29% before the issue to 43.79% after it.
Three years of numbers
All figures in ₹ crore, as reported in the Capacit'e Infraprojects offer document.
| Metric | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 1,026.45 | 845.30 | 499.40 |
| Total Income | 1,139.95 | 816.83 | 512.19 |
| Profit After Tax | 69.31 | 47.68 | 30.77 |
| NET Worth | 299.14 | 170.37 | 56.90 |
| Reserves and Surplus | 255.53 | 162.60 | 51.95 |
| Total Borrowing | 119.47 | 156.14 | 100.12 |
See how this IPO compares — view listing performance of all mainboard IPOs.
Where the money goes
₹373.19 Cr of the issue is earmarked to named objects.
Capacit'e Infraprojects IPO Anchor Investors
25 anchor investors across 14 fund houses committed ₹119.99 Cr a day before the issue opened.
Anchor investors bid a day before the issue opens and are locked in after allotment, so a book weighted towards domestic mutual funds is generally read as a stronger signal than one filled by short-horizon funds. Browse every anchor investor scheme or fund house we track.
About the company
It focuses on residential, commercial and institutional buildings in metro cities across India.
It provides end to end construction for residential buildings, multilevel car parks, corporate offices and buildings for education, hospitality and healthcare.
The IPO was Rs 400 crore and was entirely fresh issue at Rs 250, the top of the Rs 245 to Rs 250 band. The money was mainly for working capital and system formwork.
Interested in this IPO? Check the live subscription status or browse all upcoming mainboard IPOs.
The bankers & the filings
Who is running the book, and the documents this page is built from.
Capacit'e Infraprojects IPO Documents
Read the filings this page is built from.
Lead Manager Track Record
How the book-running lead managers on this issue have priced their past IPOs, measured on listing day.
Axis Capital
255 issues handledBest listing: Latent View Analytics (+160.0%). Weakest: Shriram Properties (-23.7%).
IIFL Capital Services Limited
146 issues handledBest listing: Unicommerce eSolutions (+117.6%). Weakest: ICICI Securities (-16.3%).
Vivro Financial Services Private Limited
5 issues handled (2 mainboard, 3 SME)Best listing: Shanti Inorganics (+90.0%). Weakest: Raj Television Network (-12.5%).
Listing gain compares the listing-day opening price with the issue price, using the IPOs on IPO Guru that this lead manager has taken to market. A strong record reflects how the banker has priced past issues — it is not a forecast for this one. See every issue they have handled on the lead managers page.
Company contact
Frequently asked
What is the GMP of Capacit'e Infraprojects?
The current Grey Market Premium is ₹150, or 60% over the issue price.
What is the Capacit'e Infraprojects IPO price band?
₹245 to ₹250, on a face value of ₹10.
When is the allotment?
The basis of allotment is 21 September 2017, with listing on 25 September 2017.
How do I check allotment status?
On the IPO Guru allotment page or on the registrar's site — KFin Technologies Limited.
Every number here traces back to a filing.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Every number on this page is sourced from the RHP, BSE & NSE.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
