CPS Shapers Ltd - Stock Valuation and Financial Performance

The company was originally incorporated under the name ‘CPS Shapers Private Limited’ under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Mumbai, Maharashtra on June 01, 2012. Subsequently, the status of the company was changed to public limited and the name of the company was changed to ‘CPS Shapers Limited’ vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the company held on May 23, 2023. The fresh certificate of incorporation consequent to conversion was issued on June 20, 2023 by the Registrar of Companies, Mumbai, Maharashtra.

CPS Shapers is engaged in the business of manufacturing of Shapewear for Men and Women like V-Shaper, Saree Shapewear, Active Pants, ShapeX Denim, etc. It is popularly known and identified in apparel market by its brand name ‘Dermawear’ with its motto ‘Shape up with Confidence’ and ‘YDIS’. It distributes its products both, by e-retail and offline model, and have developed a sustainable business model over the period. Its compression garments fabric is specially designed from skin friendly blend of cotton, polyester and spandex which are double and triple layered for graduated compression effect at body critical areas like abdomen, hips and thighs. It aspires to keep improving its services and its products, backed with innovative new technologies to provide a great experience to its customers.

Its product mix has evolved over the past several years as it has entered into new product categories. Its product portfolio currently includes Saree Shapewear, Mini Shaper, Sports Bra, All Mini Corset, Tummy Reducer, All Zenrik, Slimmer, Active Pants, Denim, Mask and other Shapewears. It has comprehensive range of products enables it to capitalize on growth opportunities and increasing demand of its industry. It trusts that maintaining a variety of products in its business provides it with an opportunity to cater to diverse needs of different customer segment.

Business area of the company 

CPS Shapers is engaged in the business of manufacturing of Shapewear for Men and Women like V-Shaper, Saree Shapewear, Active Pants, ShapeX Denim, etc.

Products of the company 

• Mini corset 9 inch
• Mini shaper
• Slim & trim high waist
• Saree shapewear
• Saree shapewear everyday
• Bracer
• Ambrex
• Mini corset 2.0
• Mini shaper 2.0
• Active pants Active T-shirt
• Tummy reducer
• Slimmer
• Tummy tight
• Zenrik everyday
• Denim 1201
• Denim 1202 Sports bra

History and milestones 

• 2012: Incorporation of the company under the name ‘CPS Shapers Private Limited’.
• 2023: Converted to Public Limited Company and Name changed to ‘CPS Shapers Limited’.