BSE - SMEListed
Comrade Appliances Limited
Company websiteComrade Appliances Limited is going public with an issue of ₹22,78,000 crore. The fresh portion of ₹22,78,000 crore typically funds growth or debt reduction.
The OFS of ₹0 crore provides liquidity to selling shareholders. Apply between 31-05-2023 and 05-06-2023; allotment expected on 08-06-2023.
Start Date31-05-2023
End Date05-06-2023
Listing Date13-06-2023
Allotment Date08-06-2023
Current Price₹87
GMP₹25 (46.30%)
Lot Size2000 Shares
Subscription71.92 Times
Face Value₹10 per share
Listing atBSE
Issue Price₹52 - ₹54
Pre Issue₹52,50,795
Post Issue₹71,58,795
Issue Size₹22,78,000
(aggregating up to 12.30 Cr)
(aggregating up to 12.30 Cr)
Fresh Issue₹22,78,000
(aggregating up to 12.30 Cr)
(aggregating up to 12.30 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Comrade Appliances Limited is currently around ₹25 (46.30%). This indicates an estimated listing price of approximately ₹77 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
11 Nov 2025, 09:07 | ₹54 | ₹25 | ₹79 (46.30%) |
10 Nov 2025, 09:44 | ₹54 | ₹25 | ₹79 (46.30%) |
20 Mar 2025, 11:30 | ₹54 | ₹25 | ₹79 (46.30%) |
Financials overview In Lakhs
Here is a quick look at the recent financial performance of Comrade Appliances Limited . The numbers below ( In Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Values |
|---|---|
EPS | 3.15 |
ROE | 0.27 |
ROCE | 0.16 |
RONW | 23.73 |
PRE IPO(PE) | 17.14 |
POST IPO(PE) | 0 |
The IPO reservation for Comrade Appliances Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 47.41% | 10,80,000 |
NII (HNI) | 14.31% | 3,26,000 |
RETAIL | 33.27% | 7,58,000 |
Market Maker | 5.00% | 1,14,000 |
TOTAL | 100.00% | 22,78,000 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 2,000 | ₹1,08,000 | |
HNI | 2 | 4,000 | ₹2,16,000 |
Below you can find the official contact details of Comrade Appliances Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: info@comrade.net.in
Phone: 022-66959545
Website: http://www.comrade.net.in/
Address: Shop No. 39, Ground Level I, Dewan Centre, 183-186, S.V. Road, Jogeshwari West, Mumbai - 400102
IPO Registrar
Name: Bigshare Services Private Limited
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/