Comparison between Cargotrans Maritime IPO and Vedant Asset IPO.
Cargotrans Maritime 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.
| Cargotrans Maritime IPO | Vedant Asset 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. | Hem Securities Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Securities Ltd. | Hem Securities 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 Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Cargotrans Maritime IPO is ₹45.00 per share and of Vedant Asset IPO is ₹40.00 per share.
| Cargotrans Maritime IPO | Vedant Asset IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹45.00 per share | ₹40.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 3000 shares |
| Fresh Issue Size | 10,20,000 shares | 7,08,000 shares |
| Fresh Issue Size (Amount) | up to ₹4.59 Cr | up to ₹2.83 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 10,20,000 shares | 7,08,000 shares |
| Issue Size Total (Amount) | up to ₹4.59 Cr | up to ₹2.83 Cr |
Cargotrans Maritime IPO opens on Sep 27, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Cargotrans Maritime IPO and Vedant Asset IPO is Sep 29, 2022, and Oct 04, 2022, respectively.
| Cargotrans Maritime IPO | Vedant Asset IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Sep 27, 2022 | Sep 30, 2022 |
| Issue Close | Sep 29, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Cargotrans Maritime IPO P/E ratio is 7.77, as compared to Vedant Asset IPO P/E ratio of 80.
| Cargotrans Maritime IPO | Vedant Asset IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.53 | 72.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 7.77 | 80 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹18.36 Cr. | ₹11.05 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 57.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 51.91 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.43 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.88 | ₹0.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 15.23 | 6.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cargotrans Maritime IPO Retail Individual Investors (RII) are offered 5,10,000 shares while in Vedant Asset IPO retail investors are offered 5,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargotrans Maritime IPO and in Vedant Asset IPO.
| Cargotrans Maritime IPO | Vedant Asset IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 60,000 shares | 42,000 shares |
| QIB | ||
| NII | 5,10,000 shares | 3,54,000 shares |
| RII | 5,10,000 shares | 3,54,000 shares |
| Employee | ||
| Others | ||
| Total | 10,20,000 shares | 7,08,000 shares |
Cargotrans Maritime IPO subscribed 148.25x in total, whereas Vedant Asset IPO subscribed 49.07x.
| Cargotrans Maritime IPO | Vedant Asset IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 129.63x | 42.98x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 166.86x | 55.16x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 148.25x | 49.07x |
