Comparison between Cargosol Logistics IPO and Reetech International Cargo IPO.
Cargosol Logistics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Reetech International Cargo IPO is a SME Fixed Price proposed to list at BSE SME.
| Cargosol Logistics IPO | Reetech International Cargo IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Hem Securities Ltd. | Gretex Corporate Services Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Cargosol Logistics IPO is up to ₹7.17 Cr whereas the issue size of the Reetech International Cargo IPO is up to ₹11.11 Cr. The final issue price of Cargosol Logistics IPO is ₹28.00 per share and of Reetech International Cargo IPO is ₹105.00 per share.
| Cargosol Logistics IPO | Reetech International Cargo IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹28.00 per share | ₹105.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 1200 shares |
| Fresh Issue Size | 25,60,000 shares | 5,41,200 shares |
| Fresh Issue Size (Amount) | up to ₹7.17 Cr | up to ₹5.68 Cr |
| OFS Issue Size | 0 shares | 5,17,200 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹5.43 Cr |
| Issue Size Total | 25,60,000 shares | 10,58,400 shares |
| Issue Size Total (Amount) | up to ₹7.17 Cr | up to ₹11.11 Cr |
Cargosol Logistics IPO opens on Sep 28, 2022, while Reetech International Cargo IPO opens on Sep 27, 2022. The closing date of Cargosol Logistics IPO and Reetech International Cargo IPO is Sep 30, 2022, and Sep 29, 2022, respectively.
| Cargosol Logistics IPO | Reetech International Cargo IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 28, 2022 | Sep 27, 2022 |
| Issue Close | Sep 30, 2022 | Sep 29, 2022 |
| Basis Of Allotment (Tentative) | Oct 06, 2022 | Oct 04, 2022 |
| Initiation of Refunds (Tentative) | Oct 07, 2022 | Oct 06, 2022 |
| Credit of Share (Tentative) | Oct 10, 2022 | Oct 07, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 10, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Cargosol Logistics IPO P/E ratio is 5.15, as compared to Reetech International Cargo IPO P/E ratio of 10.64.
| Cargosol Logistics IPO | Reetech International Cargo IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.52 | 73.62 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 5.15 | 10.64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹28.56 Cr. | ₹44.39 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43 | 71.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.8 | 72.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.28 | ₹11.50 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 38.81 | 52.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cargosol Logistics IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Reetech International Cargo IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargosol Logistics IPO and in Reetech International Cargo IPO.
| Cargosol Logistics IPO | Reetech International Cargo IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,40,000 shares | 56,400 shares |
| QIB | ||
| NII | 12,80,000 shares | 5,29,200 shares |
| RII | 12,80,000 shares | 5,29,200 shares |
| Employee | ||
| Others | ||
| Total | 25,60,000 shares | 10,58,400 shares |
Cargosol Logistics IPO subscribed 55.43x in total, whereas Reetech International Cargo IPO subscribed 1.67x.
| Cargosol Logistics IPO | Reetech International Cargo IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 84.61x | 1.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 26.26x | 1.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 55.43x | 1.67x |
