CRP Risk Management IPO

CRP Risk Management IPOBusiness description - CRP Risk Management is a risk management and risk mitigation enterprise. It verifies critical information for large and mid-sized corporate clients. The company provides its services to multiple departments like Finance, Compliance, Operations etc. Over the last one and half decade, it has evolved from being an Employee Background check entrepreneurial start-up to an integrated risk mitigation solutions company with professional management team and international best practices.

CRP Risk Management also has a Veterinary Division where in it deals in various types of veterinary products such as poultry feed enzymes; poultry feed toxin binders, aquaculture feeds and other products.

The company initially started with being a Credit Verification agency for retail banking. Post that, it reinvented itself to use its strengths in the HR Services and Employee Background Check services. Thereafter, it again realigned its business model and started reducing HR Services and employee background check services business since FY 2015 and completely discontinued the HR Services and employee background check services during FY 2017 to focus on higher value addition and complex services of risk management and risk mitigation. It also sold the software along with database of employee background check services due to discontinuance of the business.

Promoters of CRP Risk Management – Hitesh Asrani 
CRP Risk Management IPO details
Subscription Dates 18 - 22 January 2018
IPO Price band INR60 per share
Fresh issue 4,000,000 shares (INR24 crore)
Offer for sale 1,136,000 shares (INR6.82 crore)
Total IPO size 5,136,000 shares (INR30.82 crore)
Minimum bid (lot size) 2,000 shares
Face Value  INR10 per share
Retail Allocation 50%
Listing On BSE SME platform
Use of funds
  • Meeting additional working capital requirements - INR10.27 crore
  • General corporate purposes - INR4.82 crore
  • Marketing and Brand Building - INR2.25 crore
  • Additional Infrastructure at Corporate Office at Mumbai - INR2.23 crore
  • Prepayment or repayment of a portion of loan facilities - INR1.75 crore
  • Purchase of Computer Hardware and Office Equipment - INR0.89 crore
CRP Risk Management's consolidated financial performance (in INR crore)
  FY2013 FY2014 FY2015 FY2016 FY2017 4M FY2018
Total revenue 76.8 98.8 92.3 74.7 82.1 24.6
Total expenses 64.0 84.1 79.4 65.1 69.5 20.6
Profit after tax 4.5 5.1 4.2 1.8 5.0 1.6

CRP Risk Management Contact Details

CRP Risk Management Limited
C – 110, Classique Centre
Off. Mahakali Caves
Andheri (East), Mumbai – 400 093

Phone: +91 4211 6000
Email: compliance@crp.co.in
Website: www.crp.co.in

CRP Risk Management IPO Subscription Details

Day Subscription (no. of times)
Day 1 0.25
Day 2 0.44
Day 3 2.15
   
   

CRP Risk Management Valuation (Latest FY)

Earnings Per Share (EPS): INR3.88

Price/Earnings (P/E) ratio: 15.44

Return on Net Worth (RONW): 17.19%

Net Asset Value (NAV): INR22.6 per share

Registrar of CRP Risk Management

Skyline Financial Services Pvt Ltd
A49, Gundecha Onclave, Kherani Road,
Sakinaka, Mumbai – 400 072
Maharashtra, India

Phone: +91 22 2851 1022
Email: grievances@skylinerta.com
Website: www.skylinerta.com

CRP Risk Management IPO Allotment Status

CRP Risk Management IPO allotment status is now available on Skyline Financial Services' website. Click on this link to get allotment status.

Listing performance of CRP Risk Management

IPO Opening Date: 18 January 2018

IPO Closing Date: 22 January 2018

Listing Date: 31 January 2018

Listing Price on BSE SME: INR48 per share (down 20% from IPO price)

Closing Price on BSE SME: INR49.5 per share (down 17.5% from IPO price)

CRP Risk Management IPO
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5 thoughts on “CRP Risk Management IPO

  • January 24, 2018 at 4:23 PM
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    Crp ipo up mai open hoga ya down plz tell me

    Reply
  • January 24, 2018 at 4:22 PM
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    CRP IPO open up hoga ya down plz tell me

    Reply
  • January 19, 2018 at 7:24 PM
    Permalink

    The performance doesn’t seem stable and financials & directions are not giving much way for future growth. Not sure of this SME IPO

    Reply
  • January 17, 2018 at 8:51 AM
    Permalink

    Margins are very good. I know SME IPOs are risky but it looks tempting.

    Reply
  • January 17, 2018 at 8:31 AM
    Permalink

    Solid business…must apply. And it is very big so everyone will get allotment

    Reply

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