Comparison between Cargosol Logistics IPO and Reetech International Cargo IPO.
IPO Details
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.
Issue Size and Price
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 (Final) | ₹28.00 per share | ₹105.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| 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 |
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
Cargosol Logistics IPO P/E ratio is 5.15, as compared to Reetech International Cargo IPO P/E ratio of 10.64.
Shares Offered
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 0 shares in Reetech International Cargo IPO.
| | Cargosol Logistics IPO | Reetech International Cargo IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 1,40,000 shares | 56,400 shares |
| QIB | | 0 shares |
| NII | 12,80,000 shares | 5,29,200 shares |
| RII | 12,80,000 shares | 5,29,200 shares |
| Employee | | 0 shares |
| Total | 25,60,000 shares | 10,58,400 shares |
Bids Received (Subscription)
Cargosol Logistics IPO subscribed 55.43x in total, whereas Reetech International Cargo IPO subscribed 1.67x.
