3C IT Solutions IPO vs United Cotfab IPO

Comparison between 3C IT Solutions IPO and United Cotfab IPO.

IPO Details

3C IT Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of 3C IT Solutions IPO is up to ₹10.86 Cr whereas the issue size of the United Cotfab IPO is up to ₹34.47 Cr. The final issue price of 3C IT Solutions IPO is ₹52.00 per share and of United Cotfab IPO is ₹70.00 per share.

 3C IT Solutions IPOUnited Cotfab IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹52.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size15,88,000 shares49,24,000 shares
Fresh Issue Size (Amount)up to ₹8.26 Crup to ₹34.47 Cr
OFS Issue Size5,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.60 Crup to ₹0.00 Cr
Issue Size Total20,88,000 shares49,24,000 shares
Issue Size Total (Amount)up to ₹10.86 Crup to ₹34.47 Cr

IPO Timetable

3C IT Solutions IPO opens on Jun 04, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of 3C IT Solutions IPO and United Cotfab IPO is Jun 07, 2024, and Jun 19, 2024, respectively.

Financials & KPIs

3C IT Solutions IPO P/E ratio is 5.86, as compared to United Cotfab IPO P/E ratio of 9.7.

 3C IT Solutions IPOUnited Cotfab IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets18.9828.8634.6518.36
Total Income23.5662.9366.9440.64
Profit After Tax0.511.141.110.86
NET Worth4.604.102.611.50
Reserves and Surplus2.443.742.601.49
Total Borrowing5.9213.4010.403.98
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets81.6853.6815.601.07
Total Income115.530.640.02
Profit After Tax8.670.140.02-0.00
NET Worth13.569.946.820.00
Reserves and Surplus1.88
Total Borrowing47.5138.217.731.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)72.00100.00
Promoter Shareholding (Post-Issue)51.6669.84
P/E Ratio5.869.7
Market Cap₹31.30 Cr.₹120.33 Cr.
ROE72.76%
ROCE26.95%
Debt/Equity3.42
EPS₹8.87₹7.22
RoNW10.98%63.89%

Shares Offered

In the 3C IT Solutions IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in United Cotfab IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in 3C IT Solutions IPO and in United Cotfab IPO.

 3C IT Solutions IPOUnited Cotfab IPO
Anchor Investor Reservation
Market Maker Reservation1,12,000 shares2,60,000 shares
QIB
NII10,44,000 shares24,62,000 shares
RII10,44,000 shares24,62,000 shares
Employee
Others
Total20,88,000 shares49,24,000 shares

Bids Received (Subscription)

3C IT Solutions IPO subscribed 20.21x in total, whereas United Cotfab IPO subscribed 107.16x.

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3C IT Solutions IPO Vs United Cotfab IPO