ASK Automotive IPO vs Cello World IPO

Comparison between ASK Automotive IPO and Cello World IPO.

IPO Details

ASK Automotive IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Cello World IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of ASK Automotive IPO is up to ₹833.91 Cr whereas the issue size of the Cello World IPO is up to ₹1,900.00 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of Cello World IPO is ₹648.00 per share.

 ASK Automotive IPOCello World IPO
Face Value₹2 per share₹5 per share
Issue Price (Lower)₹268.00 per share₹617.00 per share
Issue Price (Upper)₹282.00 per share₹648.00 per share
Issue Price (Final)₹282.00 per share₹648.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹61.00 per share
Market Lot Size53 shares23 shares
Fresh Issue Size0 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
OFS Issue Size2,95,71,390 shares2,93,37,023 shares
OFS Issue Size (Amount)up to ₹833.91 Crup to ₹1,900.00 Cr
Issue Size Total2,95,71,390 shares2,93,37,023 shares
Issue Size Total (Amount)up to ₹833.91 Crup to ₹1,900.00 Cr

IPO Timetable

ASK Automotive IPO opens on Nov 07, 2023, while Cello World IPO opens on Oct 30, 2023. The closing date of ASK Automotive IPO and Cello World IPO is Nov 09, 2023, and Nov 01, 2023, respectively.

 ASK Automotive IPOCello World IPO
Anchor Bid DateNov 06, 2023Oct 27, 2023
Issue OpenNov 07, 2023Oct 30, 2023
Issue CloseNov 09, 2023Nov 01, 2023
Basis Of Allotment (Tentative)Nov 10, 2023Nov 02, 2023
Initiation of Refunds (Tentative)Nov 10, 2023Nov 02, 2023
Credit of Share (Tentative)Nov 13, 2023Nov 03, 2023
Listing date (Tentative)Nov 15, 2023Nov 06, 2023
Anchor Lockin End date 1Dec 10, 2023Dec 02, 2023
Anchor Lockin End date 2Feb 08, 2024Jan 31, 2024

Financials & KPIs

ASK Automotive IPO P/E ratio is 45.63, as compared to Cello World IPO P/E ratio of .

 ASK Automotive IPOCello World IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,443.341,281.211,105.56948.25
Total Income657.552,566.282,024.261,567.77
Profit After Tax34.83122.9582.66106.20
NET Worth643.77631.91622.23
Reserves and Surplus639.03604.34591.73581.54
Total Borrowing268.03231.82119.7854.02
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,686.051,551.691,333.661,146.51
Total Income479.881,813.441,375.111,059.58
Profit After Tax82.83285.07219.52165.55
NET Worth1,226.56665.73444.04289.59
Reserves and Surplus149.61238.7587.26-107.04
Total Borrowing328.64335.11462.91334.07
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)10091.8
Promoter Shareholding (Post-Issue)78.06
P/E Ratio45.63
Market Cap₹5559.00 Cr.₹13752.57 Cr.
ROE39.9%
ROCE44.48%
Debt/Equity0.490.62
EPS₹6.18₹13.65
RoNW19.10%23.17%

Shares Offered

In the ASK Automotive IPO Retail Individual Investors (RII) are offered 1,03,49,987 shares while in Cello World IPO retail investors are offered 1,03,49,987 shares. Qualified Institutional Buyers (QIB) are offered 59,14,278 shares in ASK Automotive IPO and 58,33,333 shares in Cello World IPO.

 ASK Automotive IPOCello World IPO
Anchor Investor Reservation88,71,416 shares87,49,999 shares
Market Maker Reservation
QIB59,14,278 shares58,33,333 shares
NII44,35,709 shares43,75,000 shares
RII1,03,49,987 shares1,02,08,334 shares
Employee1,70,357 shares
Others
Total2,95,71,390 shares2,93,37,023 shares

Bids Received (Subscription)

ASK Automotive IPO subscribed 51.14x in total, whereas Cello World IPO subscribed 41.69x.

 ASK Automotive IPOCello World IPO
QIB (times)142.41x122.20x
NII (times)35.47x25.65x
Big NII (times)41.13x30.02x
Small NII (times)24.16x16.91x
RII (times)5.70x3.21x
Employee (times)2.74x
Other (times)
Total (times)51.14x41.69x

Compare with others

Compare:

ASK Automotive IPO Vs Cello World IPO