Cargotrans Maritime IPO vs Trident Lifeline IPO

Comparison between Cargotrans Maritime IPO and Trident Lifeline IPO.

IPO Details

Cargotrans Maritime IPO is a SME Fixed Price IPO proposed to list at BSE SME while Trident Lifeline IPO is a SME Fixed Price proposed to list at BSE 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 Trident Lifeline IPO is up to ₹33.57 Cr. The final issue price of Cargotrans Maritime IPO is ₹45.00 per share and of Trident Lifeline IPO is ₹101.00 per share.

 Cargotrans Maritime IPOTrident Lifeline IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹45.00 per share₹101.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size10,20,000 shares33,24,000 shares
Fresh Issue Size (Amount)up to ₹4.59 Crup to ₹33.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total10,20,000 shares33,24,000 shares
Issue Size Total (Amount)up to ₹4.59 Crup to ₹33.57 Cr

IPO Timetable

Cargotrans Maritime IPO opens on Sep 27, 2022, while Trident Lifeline IPO opens on Sep 26, 2022. The closing date of Cargotrans Maritime IPO and Trident Lifeline IPO is Sep 29, 2022, and Sep 29, 2022, respectively.

Financials & KPIs

Cargotrans Maritime IPO P/E ratio is 7.77, as compared to Trident Lifeline IPO P/E ratio of 51.53.

 Cargotrans Maritime IPOTrident Lifeline IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets11.5710.715.93
Total Income89.6049.4120.58
Profit After Tax2.361.150.28
NET Worth5.322.961.81
Reserves and Surplus4.722.361.21
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets13.8611.446.39
Total Income22.379.785.01
Profit After Tax2.270.63-0.80
NET Worth4.80-0.47-3.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100100
Promoter Shareholding (Post-Issue)73.5369.57
P/E Ratio7.7751.53
Market Cap₹18.36 Cr.₹116.14 Cr.
ROE57.05
ROCE51.91
Debt/Equity0.43
EPS₹7.88₹3.98
RoNW15.2347.33

Shares Offered

In the Cargotrans Maritime IPO Retail Individual Investors (RII) are offered 5,10,000 shares while in Trident Lifeline IPO retail investors are offered 5,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargotrans Maritime IPO and in Trident Lifeline IPO.

 Cargotrans Maritime IPOTrident Lifeline IPO
Anchor Investor Reservation
Market Maker Reservation60,000 shares1,75,200 shares
QIB
NII5,10,000 shares16,62,000 shares
RII5,10,000 shares16,62,000 shares
Employee
Others
Total10,20,000 shares33,24,000 shares

Bids Received (Subscription)

Cargotrans Maritime IPO subscribed 148.25x in total, whereas Trident Lifeline IPO subscribed 1.34x.

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