C P S Shapers IPO opens tomorrow, check GMP, key dates to price band
Live MintC P S Shapers IPO: C P S Shapers IPO opens for subscription on Tuesday, August 29, and closes on Thursday, August 31. C P S Shapers SME IPO price band has been fixed at range of ₹185 per equity share of face value of ₹10 each. C P S Shapers SME IPO's issue price is 18.5 times of the face value of the equity shares, according to Red herring prospectus. C P S Shapers SME IPO's lead manager is Shreni Shares Ltd, and the registrar is Bigshare Services Private Ltd. This indicates C P S Shapers share price were trading at a premium of ₹90 in the grey market on Monday, according to topsharebrokers.com Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of C P S Shapers share price is ₹275 apiece, which is 48.65% higher than the IPO price of ₹185.