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Comrade Appliances Limited IPO Review & Recommendations

 

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Comrade Appliances Limited IPO

May 31, 2023 - June 05, 2023 Closed

Comrade Appliances Limited IPO Review

Comrade Appliances Limited was actively involved in the production of a diverse range of air coolers and electric geysers. They specialize in manufacturing consumer durable goods and offer a wide variety of assembled products, catering to various needs. Their expertise lies in providing comprehensive product solutions to meet the requirements of their customers.

Their offerings are highly valued by customers due to their exceptional characteristics, such as energy efficiency, long-lasting performance, effortless operation, and economical maintenance requirements. Their company is founded on unwavering ethical values and conducts business with the utmost integrity. They distinguish themselves through the provision of top-notch products at affordable prices, a strategy that has enabled them to garner a diverse customer base. By consistently prioritizing the requirements of our clients, they have established a reputation as one of the most dependable enterprises in the industry.

Comrade Appliances Limited Products and Services

Comrade Appliances Limited produces a wide range of air coolers and electric geysers. Their Products are Air Cooler, Electric Gyser, Washing Machine.  comrade appliances pvt ltd provide their customers with cutting-edge solutions, encompassing renowned consumer brands from around the world as well as prominent domestic ones. comrade appliances limited ipo committed to customer Expectations and achieving customer loyalty with their excellent product quality.  

They are providing products that ensure customer satisfaction. Their mission and vision is to provide the highest quality products to their customers. Their mission is to provide the market with high-quality products at affordable rates.  

Financial Overview

Comrade Appliances are private limited engaged in manufacturing an Extensive array. This Company operates in a highly competitive segment. Considering the substantial earnings generated, it seems that the matter is priced quite aggressively. A lower equity capital following the initial public offering suggests that the transition to the mainboard may require a longer period of time for development and growth. There is no harm to skip this pricey Issue. 

Frequently Asked Question

If you do not get the allotment of Comrade Appliances Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Post-issue shareholding of the Comrade Appliances Limited IPO promoter is 69.74%.
Pre-issue shareholding of the Comrade Appliances Limited IPO promoter is 100.00%.
Closing date of Comrade Appliances Limited IPO is June 05, 2023.
The face value of Comrade Appliances Limited IPO is ₹10 per share.
The meaning of "Comrade Appliances Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of Comrade Appliances Limited IPO on the current day.
Comrade Appliances Limited IPO shares will get listed on June 13, 2023.
Comrade Appliances Limited IPO Shares will get listed at BSE SME.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Lot size of the Comrade Appliances Limited IPO is 2000 shares.
If allotted, you will receive Comrade Appliances Limited IPO shares in your Demat account on June 12, 2023.
Comrade Appliances Limited IPO share price ₹52 to ₹54 per share.
Opening date of Comrade Appliances Limited IPO is May 31, 2023.
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