Comparison between Cargosol Logistics IPO and Vedant Asset IPO.
IPO Details
Cargosol Logistics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vedant Asset 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 Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Cargosol Logistics IPO is ₹28.00 per share and of Vedant Asset IPO is ₹40.00 per share.
IPO Timetable
Cargosol Logistics IPO opens on Sep 28, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Cargosol Logistics IPO and Vedant Asset IPO is Sep 30, 2022, and Oct 04, 2022, respectively.
| | Cargosol Logistics IPO | Vedant Asset IPO |
|---|
| Issue Open | Sep 28, 2022 | Sep 30, 2022 |
| Issue Close | Sep 30, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 06, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 07, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
Financials & KPIs
Cargosol Logistics IPO P/E ratio is 5.15, as compared to Vedant Asset IPO P/E ratio of 80.
Shares Offered
In the Cargosol Logistics IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Vedant Asset IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargosol Logistics IPO and in Vedant Asset IPO.
| | Cargosol Logistics IPO | Vedant Asset IPO |
|---|
| Market Maker Reservation | 1,40,000 shares | 42,000 shares |
| NII | 12,80,000 shares | 3,54,000 shares |
| RII | 12,80,000 shares | 3,54,000 shares |
| Total | 25,60,000 shares | 7,08,000 shares |
Bids Received (Subscription)
Cargosol Logistics IPO subscribed 55.43x in total, whereas Vedant Asset IPO subscribed 49.07x.
