Upcoming IPO – Comfort Commotrade Limited (CCL)

Incorporated in 2007, Comfort Commotrade Limited (CCL) is currently engaged in the business of commodity broking. They offers trading in many commodities such as bullion (gold, silver), energy (crude oil, natural gas), metals, food grains (rice, maize), spices, oil and oil seeds and others. They are the member of MCX and NCDEX.

Comfort Group is headquartered in Mumbai. The group is also engaged in the business of providing loans through its group company Comfort Intech Limited. The Company has a diversified client base that includes HNIs, retail customers, mutual fund houses, financial institutions, corporate clients and others.

Company Promoters:

The promoters of the company are:

  1. Mr. Anil Agrawal
  2.  Mrs. Annu Agrawal

Objects of the Issue:

The objects of this Issue are to raise funds to:

1. Expand their business operations;

2. Enhancement of margin money maintained with the exchanges;

3. General corporate purpose;

4. Issue expenses.

Issue Details:

  • Issue Open: Sep 05, 2012 – Sep 10, 2012
  • Issue Type: Fixed Price Issue IPO
  • Issue Size: 6,000,000 Equity Shares of Rs. 10
  • Issue Size: Rs. 6.00 Crore
  • Face Value: Rs. 10 per Equity Share
  • Issue Price: Rs. 10 per Equity Share
  • Market Lot: 10000 Shares
  • Minimum Order Quantity: 10000 Shares
  • Listing At: BSE/NSE