Comparison between Cargosol Logistics IPO and Steelman Telecom IPO.
Cargosol Logistics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Steelman Telecom IPO is a SME Fixed Price proposed to list at BSE SME.
| Cargosol Logistics IPO | Steelman Telecom 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 Steelman Telecom IPO is up to ₹24.72 Cr. The final issue price of Cargosol Logistics IPO is ₹28.00 per share and of Steelman Telecom IPO is ₹96.00 per share.
| Cargosol Logistics IPO | Steelman Telecom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹28.00 per share | ₹96.00 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 | 17,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹7.17 Cr | up to ₹16.91 Cr |
| OFS Issue Size | 0 shares | 8,13,600 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹7.81 Cr |
| Issue Size Total | 25,60,000 shares | 25,75,200 shares |
| Issue Size Total (Amount) | up to ₹7.17 Cr | up to ₹24.72 Cr |
Cargosol Logistics IPO opens on Sep 28, 2022, while Steelman Telecom IPO opens on Sep 26, 2022. The closing date of Cargosol Logistics IPO and Steelman Telecom IPO is Sep 30, 2022, and Sep 29, 2022, respectively.
| Cargosol Logistics IPO | Steelman Telecom IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 28, 2022 | Sep 26, 2022 |
| Issue Close | Sep 30, 2022 | Sep 29, 2022 |
| Basis Of Allotment (Tentative) | Oct 06, 2022 | Oct 07, 2022 |
| Initiation of Refunds (Tentative) | Oct 07, 2022 | Oct 10, 2022 |
| Credit of Share (Tentative) | Oct 10, 2022 | Oct 10, 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 Steelman Telecom IPO P/E ratio of 23.41.
| Cargosol Logistics IPO | Steelman Telecom IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.52 | 71.98 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 5.15 | 23.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹28.56 Cr. | ₹92.89 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 43 | 29.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.8 | 35.78 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.41 | 0.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹8.28 | ₹5.23 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 38.81 | 25.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cargosol Logistics IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Steelman Telecom IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargosol Logistics IPO and in Steelman Telecom IPO.
| Cargosol Logistics IPO | Steelman Telecom IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,40,000 shares | 1,35,600 shares |
| QIB | ||
| NII | 12,80,000 shares | 16,72,800 shares |
| RII | 12,80,000 shares | 9,02,400 shares |
| Employee | ||
| Others | ||
| Total | 25,60,000 shares | 25,75,200 shares |
Cargosol Logistics IPO subscribed 55.43x in total, whereas Steelman Telecom IPO subscribed 22.40x.
| Cargosol Logistics IPO | Steelman Telecom IPO | |
|---|---|---|
| QIB (times) | 7.78x | |
| NII (times) | 84.61x | 70.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 26.26x | 22.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 55.43x | 22.40x |
