Comparison between Cargotrans Maritime IPO and Steelman Telecom IPO.
Cargotrans Maritime 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.
| Cargotrans Maritime 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 | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Securities 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 Cargotrans Maritime IPO is up to ₹4.59 Cr whereas the issue size of the Steelman Telecom IPO is up to ₹24.72 Cr. The final issue price of Cargotrans Maritime IPO is ₹45.00 per share and of Steelman Telecom IPO is ₹96.00 per share.
| Cargotrans Maritime IPO | Steelman Telecom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹96.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 10,20,000 shares | 17,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹4.59 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 | 10,20,000 shares | 25,75,200 shares |
| Issue Size Total (Amount) | up to ₹4.59 Cr | up to ₹24.72 Cr |
Cargotrans Maritime IPO opens on Sep 27, 2022, while Steelman Telecom IPO opens on Sep 26, 2022. The closing date of Cargotrans Maritime IPO and Steelman Telecom IPO is Sep 29, 2022, and Sep 29, 2022, respectively.
| Cargotrans Maritime IPO | Steelman Telecom IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 27, 2022 | Sep 26, 2022 |
| Issue Close | Sep 29, 2022 | Sep 29, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 07, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 10, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 10, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 10, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Cargotrans Maritime IPO P/E ratio is 7.77, as compared to Steelman Telecom IPO P/E ratio of 23.41.
| Cargotrans Maritime IPO | Steelman Telecom IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 71.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 7.77 | 23.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹18.36 Cr. | ₹92.89 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 57.05 | 29.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 51.91 | 35.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | 0.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.88 | ₹5.23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.23 | 25.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cargotrans Maritime IPO Retail Individual Investors (RII) are offered 5,10,000 shares while in Steelman Telecom IPO retail investors are offered 5,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargotrans Maritime IPO and in Steelman Telecom IPO.
| Cargotrans Maritime IPO | Steelman Telecom IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 60,000 shares | 1,35,600 shares |
| QIB | ||
| NII | 5,10,000 shares | 16,72,800 shares |
| RII | 5,10,000 shares | 9,02,400 shares |
| Employee | ||
| Others | ||
| Total | 10,20,000 shares | 25,75,200 shares |
Cargotrans Maritime IPO subscribed 148.25x in total, whereas Steelman Telecom IPO subscribed 22.40x.
| Cargotrans Maritime IPO | Steelman Telecom IPO | |
|---|---|---|
| QIB (times) | 7.78x | |
| NII (times) | 129.63x | 70.09x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 166.86x | 22.82x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 148.25x | 22.40x |
