Comparison between CFF Fluid Control IPO and Proventus Agrocom IPO.
IPO Details
CFF Fluid Control IPO is a SME Fixed Price IPO proposed to list at BSE SME while Proventus Agrocom IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of CFF Fluid Control IPO is up to ₹81.50 Cr whereas the issue size of the Proventus Agrocom IPO is up to ₹66.06 Cr. The final issue price of CFF Fluid Control IPO is ₹165.00 per share and of Proventus Agrocom IPO is ₹771.00 per share.
| | CFF Fluid Control IPO | Proventus Agrocom IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Final) | ₹165.00 per share | ₹771.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 800 shares | 160 shares |
| Fresh Issue Size | 49,39,200 shares | 6,26,653 shares |
| Fresh Issue Size (Amount) | up to ₹81.50 Cr | up to ₹48.31 Cr |
| OFS Issue Size | 0 shares | 2,30,147 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹17.74 Cr |
| Issue Size Total | 49,39,200 shares | 8,56,800 shares |
| Issue Size Total (Amount) | up to ₹81.50 Cr | up to ₹66.06 Cr |
IPO Timetable
CFF Fluid Control IPO opens on May 30, 2023, while Proventus Agrocom IPO opens on May 24, 2023. The closing date of CFF Fluid Control IPO and Proventus Agrocom IPO is Jun 02, 2023, and May 26, 2023, respectively.
| | CFF Fluid Control IPO | Proventus Agrocom IPO |
|---|
| Issue Open | May 30, 2023 | May 24, 2023 |
| Issue Close | Jun 02, 2023 | May 26, 2023 |
| Basis Of Allotment (Tentative) | Jun 07, 2023 | May 31, 2023 |
| Initiation of Refunds (Tentative) | Jun 08, 2023 | Jun 01, 2023 |
| Credit of Share (Tentative) | Jun 09, 2023 | Jun 02, 2023 |
| Listing date (Tentative) | Jun 12, 2023 | Jun 05, 2023 |
Financials & KPIs
CFF Fluid Control IPO P/E ratio is 30.22, as compared to Proventus Agrocom IPO P/E ratio of 186.23.
Shares Offered
In the CFF Fluid Control IPO Retail Individual Investors (RII) are offered 24,69,600 shares while in Proventus Agrocom IPO retail investors are offered 24,69,600 shares. Qualified Institutional Buyers (QIB) are offered in CFF Fluid Control IPO and 0 shares in Proventus Agrocom IPO.
| | CFF Fluid Control IPO | Proventus Agrocom IPO |
|---|
| Anchor Investor Reservation | | 0 shares |
| Market Maker Reservation | 2,60,800 shares | 45,120 shares |
| QIB | | 0 shares |
| NII | 24,69,600 shares | 4,28,450 shares |
| RII | 24,69,600 shares | 4,28,450 shares |
| Employee | | 0 shares |
| Total | 49,39,200 shares | 8,56,900 shares |
Bids Received (Subscription)
CFF Fluid Control IPO subscribed 2.10x in total, whereas Proventus Agrocom IPO subscribed 2.70x.
