Comparison between Cargotrans Maritime IPO and Swastik Pipe IPO.
IPO Details
Cargotrans Maritime IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Swastik Pipe IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of Cargotrans Maritime IPO is up to ₹4.59 Cr whereas the issue size of the Swastik Pipe IPO is up to ₹59.38 Cr. The final issue price of Cargotrans Maritime IPO is ₹45.00 per share and of Swastik Pipe IPO is ₹100.00 per share.
IPO Timetable
Cargotrans Maritime IPO opens on Sep 27, 2022, while Swastik Pipe IPO opens on Sep 29, 2022. The closing date of Cargotrans Maritime IPO and Swastik Pipe IPO is Sep 29, 2022, and Oct 03, 2022, respectively.
| | Cargotrans Maritime IPO | Swastik Pipe IPO |
|---|
| Issue Open | Sep 27, 2022 | Sep 29, 2022 |
| Issue Close | Sep 29, 2022 | Oct 03, 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 11, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
Financials & KPIs
Cargotrans Maritime IPO P/E ratio is 7.77, as compared to Swastik Pipe IPO P/E ratio of 11.38.
Shares Offered
In the Cargotrans Maritime IPO Retail Individual Investors (RII) are offered 5,10,000 shares while in Swastik Pipe IPO retail investors are offered 5,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargotrans Maritime IPO and in Swastik Pipe IPO.
| | Cargotrans Maritime IPO | Swastik Pipe IPO |
|---|
| Market Maker Reservation | 60,000 shares | 3,14,400 shares |
| NII | 5,10,000 shares | 29,68,800 shares |
| RII | 5,10,000 shares | 29,68,800 shares |
| Total | 10,20,000 shares | 59,37,600 shares |
Bids Received (Subscription)
Cargotrans Maritime IPO subscribed 148.25x in total, whereas Swastik Pipe IPO subscribed 1.35x.