Comparison between Cell Point IPO and Kore Digital IPO.
IPO Details
Cell Point IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kore Digital IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Cell Point IPO is up to ₹47.82 Cr whereas the issue size of the Kore Digital IPO is up to ₹17.06 Cr. The final issue price of Cell Point IPO is ₹100.00 per share and of Kore Digital IPO is ₹180.00 per share.
IPO Timetable
Cell Point IPO opens on Jun 15, 2023, while Kore Digital IPO opens on Jun 02, 2023. The closing date of Cell Point IPO and Kore Digital IPO is Jun 20, 2023, and Jun 07, 2023, respectively.
| | Cell Point IPO | Kore Digital IPO |
|---|
| Issue Open | Jun 15, 2023 | Jun 02, 2023 |
| Issue Close | Jun 20, 2023 | Jun 07, 2023 |
| Basis Of Allotment (Tentative) | Jun 23, 2023 | Jun 12, 2023 |
| Initiation of Refunds (Tentative) | Jun 26, 2023 | Jun 13, 2023 |
| Credit of Share (Tentative) | Jun 27, 2023 | Jun 14, 2023 |
| Listing date (Tentative) | Jun 28, 2023 | Jun 14, 2023 |
Financials & KPIs
Cell Point IPO P/E ratio is 24.1, as compared to Kore Digital IPO P/E ratio of 17.86.
Shares Offered
In the Cell Point IPO Retail Individual Investors (RII) are offered 23,91,000 shares while in Kore Digital IPO retail investors are offered 23,91,000 shares. Qualified Institutional Buyers (QIB) are offered in Cell Point IPO and in Kore Digital IPO.
| | Cell Point IPO | Kore Digital IPO |
|---|
| Market Maker Reservation | 2,52,000 shares | 52,000 shares |
| NII | 23,91,000 shares | 4,74,000 shares |
| RII | 23,91,000 shares | 4,74,000 shares |
| Total | 47,82,000 shares | 9,48,000 shares |
Bids Received (Subscription)
Cell Point IPO subscribed 6.01x in total, whereas Kore Digital IPO subscribed 41.47x.
