The company will be listed on NSE Emerge, the MSME platform of National Stock Exchange (NSE). The issue can be subscribed till March 15, the company said.
In the initial stake sale, the company proposes to sell 30,60,000 equity shares under the book building process of Rs 10 each aggregating Rs 11.62 crore.
Founded in 2015, Cool Caps is raising funds to fuel growth, to meet working capital requirements and for general corporate purposes.
The company manufactures closures and caps for bottles of sodas, soft drinks, mineral water and others in units situated at Howrah in West Bengal and Kotdwar in Uttarakhand.
It has appointed Holani Consultants to manage the issue, whereas Link Intime India is the registrar for the issue.
The company has established clients like Bisleri, Kingfisher, IRCTC, Patanjali, Clear, among others to supply plastic bottle caps.
