Containe Technologies Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹5(33.33%)
Premium (ELP)
Having completed its public offering, Containe Technologies Limited's is now listed and trading on the BSE exchange as of Sep 30, 2022. The IPO raised cumulative capital of 17,44,000 Shares, including 17,44,000 Shares in primary capital infusion.
The IPO was conducted with a price range of ₹15 to ₹15 and minimum investment requirement of 8000 shares. subscription activity between Sep 20, 2022 and Sep 22, 2022 reflected market assessment of the offering's valuation and prospects.
The allotment process finalized on Sep 28, 2022 distributed equity ownership to successful bidders. The listing established a transparent market mechanism for share trading, price discovery, and investor participation in the company's future growth.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Containe Technologies Limited (CTPL) is engaged in the automobile sector, providing safety and GPS solutions through the design, development, manufacturing, supply, and service of technology-intensive electronic and mechanical automotive products. An ISO 9001:2015 certified organization, the company manufactures Electronic Speed Limiting Devices under the “MOTOREYE & LIMITS” brand, electronic fuel regulators, pedal interfaces for BS-IV and older vehicles, and GSM/GPRS/GPS/IRNSS-based vehicle tracking devices. CTPL also markets IoT devices and lithium-ion battery-operated 2- and 3-wheeler auto rickshaws. The company operates a manufacturing unit in Marriguda, Secunderabad, Hyderabad, and primarily sells its products through distributors and dealers.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
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- Mr. Anand Kumar Seethala
- Mrs. Botcha Bhavani
Containe Technologies Limited
Cameo Corporate Services Limited