IPO DETAILS : Captain Technocast Ltd.
Survey No.257, Plot No. 4, N.H. No. 8-B, Shapar (Veraval), Rajkot, Gujarat - 360002
Phone: 252411

Public Issue of 1425000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 30.00 per share.

Issue Open DateIssue Closing DateApplication MoneyAllotment Money
20/07/201724/07/201740.00 -
Lead Managers Registrar Listed at
HEM SECURITIES LIMITED
Bigshare Services Private Limited.
E-2, Ansa Industrial Estate,
Sakhivihar Road, , Sakinaka, Andheri (East)
Mumbai, Maharashtra - 400072
Phone: 40430200 Fax: 28475201
BSE
Object of the issue

The Issue includes a fresh Issue of 8,25,000 Equity Shares of the Company at an Issue Price of ? 40.00 per Equity Share and an Offer for Sale for 6,00,000 equity shares of the Company at an Issue Price of ? 40.00 per Equity Share. We intend to utilize the proceeds of the Issue to meet the following objects:

The Offer for Sale

The Company will not receive any proceeds from the Offer for Sale.

The Fresh Issue

The Net Proceeds from the Fresh Issue will be utilized towards the following objects:

1. To meet Working Capital Requirement,
2. General Corporate Expenses,
3. To Meet the Issue Expenses.


Project Cost
(₹ in Crs.)
ISSUE EXPENSES0.16
WORKING CAPITAL REQUIREMENTS2.98
GENERAL CORPORATE EXPS.0.16
TOTAL COST3.30

Means of Finance
(₹ in Crs.)
PUBLIC ISSUES3.30
TOTAL COST3.30

Promoted by

The Promoters of the Company are :

1. Mr. Rameshbhai Devrajbhai Khichadia
2. Mr. Gopal Devrajbhai Khichadia
3. Mr. Anilbhai Vasantbhai Bhalu
4. Mr. Shailesh Karshanbhai Bhut
5. Mrs. Komalben S Bhut
6. Mr. Smit Vaghjibhai Bhalu
7. Mr. Dharmesh Pansuriya


1. Mr. Rameshbhai Devrajbhai Khichadia : Mr. Rameshbhai Devrajbhai Khichadia is the Chairman and Non-Executive Director of the company. He is B. Tech (Agriculture Engineering) from Gujarat Agriculture University and has more than 25 years of experience. He is a proven influencer & negotiator and has realistic approach of getting the desired results. His long professional career gives guidance to his employees in achieving targets in a dynamic and complex business environment. He looks after overall management and operations of the Company.

Permanent Account Number : AETPK0199K
Passport Number : Z1738176
Driving License Number : GJ03 19930028951
Aadhar Card Number : 764969817776


2. Mr. Gopal Devrajbhai Khichadia : Mr. Gopal Devrajbhai Khichadia is the Non executive Director of the company. He has passed class 9th examination from Gujarat State Board and has more than 25 years of experience in the field of manufacturing of pipes, casting metals, liasoning and Coordination, Marketing, Field survey etc. He has a good administrative power and his experience thus can act as a guiding role for growth of the organization. He believes in building a team that has a great sense of belongingness, an essential element in continuous long term growth of the organization.

Permanent Account Number : ADGPK8548J
Passport Number : L7519733
Driving License Number : GJ03 19930011968
Aadhar Card Number : 330082965648

3. Mr. Anilbhai Vasantbhai Bhalu : Mr. Anilbhai Vasantbhai Bhalu is the Managing Director of the Company. He holds Diploma Certificate in Mechanical Engineering degree from Technical Examinations Board, Gujarat State, Gandhinagar. He joined the Company as Director on July 21, 2010 and Further, re-designated as Managing Director on May 01, 2017 He has around 18 years of experience in the field of metal casting. He looks over the financial and marketing activities of the Company and is also instrumental in taking major policy decision of the Company. He is playing vital role in formulating business strategies and effective implementation of the same. He is actively involved in day-to-day operations and activities of the Company and is responsible for business policies, strategic decisions, business development etc.

Permanent Account Number : AJEPB1114H
Driving License Number : GJ0319960884508
Aadhar Card Number : 200937892637


4. Mr. Shailesh Karshanbhai Bhut : Mr. Shailesh Karshanbhai Bhut is the Whole time Director of the Company. He has passed Secondary examination from Gujarat Secondary Education Board, Gandhinagar. He joined the Company as Director on November 15, 2010 and was then re-designated as Whole-time Director on May 01, 2017 He has around 25 years of experience in the field of Plant Development and Production and Quality Control. He is engaged in developing business plans and preparing comprehensive business reports. He is actively involved in day-to-day operations and activities of the Company and under his guidance the Company has witnessed continuous growth.

Permanent Account Number : AIXPB3703G
Driving License Number : GJ1119970074023
Aadhar Card Number : 673260638126


5. Mrs. Komalben S Bhut : Mrs. Komalben S Bhut is promoters of the Company. She has passed Secondary examination from Gujarat Secondary Education Board, Gandhinagar.

Permanent Account Number : AZBPB3023A
Aadhar Card Number : 454027972387


6. Mr. Smit Vaghjibhai Bhalu : Mr. Smit Vaghjibhai Bhalu is promoters of the Company. He has passed Secondary examination from Gujarat Secondary Education Board.

Permanent Account Number : ANNPB4856H
Driving License Number : GJ0320020390572
Aadhar Card Number : 601060410315


7. Mr. Dharmesh Pansuriya : Mr. Dharmesh Pansuriya is promoter of the Company. He has Master of Business Administration holder.

Permanent Account Number : ASHPP3662Q
Driving License Number : GJ03/066645/04
Aadhar Card Number : 391938280570