Committed Cargo Care IPO vs Vinsys IT IPO

Comparison between Committed Cargo Care IPO and Vinsys IT IPO.

IPO Details

Committed Cargo Care IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Vinsys IT IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Committed Cargo Care IPO is up to ₹23.68 Cr whereas the issue size of the Vinsys IT IPO is up to ₹47.35 Cr. The final issue price of Committed Cargo Care IPO is ₹77.00 per share and of Vinsys IT IPO is ₹128.00 per share.

 Committed Cargo Care IPOVinsys IT IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹121.00 per share
Issue Price (Upper)₹128.00 per share
Issue Price (Final)₹77.00 per share₹128.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1000 shares
Fresh Issue Size30,75,200 shares36,99,000 shares
Fresh Issue Size (Amount)up to ₹23.68 Crup to ₹47.35 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total30,75,200 shares36,99,000 shares
Issue Size Total (Amount)up to ₹23.68 Crup to ₹47.35 Cr

IPO Timetable

Committed Cargo Care IPO opens on Oct 06, 2023, while Vinsys IT IPO opens on Aug 01, 2023. The closing date of Committed Cargo Care IPO and Vinsys IT IPO is Oct 10, 2023, and Aug 04, 2023, respectively.

 Committed Cargo Care IPOVinsys IT IPO
Anchor Bid DateJul 31, 2023
Issue OpenOct 06, 2023Aug 01, 2023
Issue CloseOct 10, 2023Aug 04, 2023
Basis Of Allotment (Tentative)Oct 13, 2023Aug 09, 2023
Initiation of Refunds (Tentative)Oct 16, 2023Aug 10, 2023
Credit of Share (Tentative)Oct 17, 2023Aug 11, 2023
Listing date (Tentative)Oct 18, 2023Aug 11, 2023
Anchor Lockin End date 1Sep 08, 2023
Anchor Lockin End date 2Nov 07, 2023

Financials & KPIs

Committed Cargo Care IPO P/E ratio is 10.94, as compared to Vinsys IT IPO P/E ratio of 12.51.

 Committed Cargo Care IPOVinsys IT IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets40.1533.1030.3626.00
Total Income122.43146.12113.8684.04
Profit After Tax5.333.092.321.51
NET Worth28.8523.5220.4318.11
Reserves and Surplus21.2815.9512.8610.54
Total Borrowing0.670.150.310.65
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets72.9434.9327.40
Total Income96.3232.0320.41
Profit After Tax15.01-0.520.35
NET Worth24.737.167.74
Reserves and Surplus14.736.166.74
Total Borrowing23.1120.5014.27
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.0092.74
Promoter Shareholding (Post-Issue)68.6368.13
P/E Ratio10.9412.51
Market Cap₹83.23 Cr.₹187.88 Cr.
ROE18.4894.17
ROCE24.0651.46
Debt/Equity0.93
EPS₹7.04₹15.01
RoNW18.4860.72

Shares Offered

In the Committed Cargo Care IPO Retail Individual Investors (RII) are offered 15,37,600 shares while in Vinsys IT IPO retail investors are offered 15,37,600 shares. Qualified Institutional Buyers (QIB) are offered in Committed Cargo Care IPO and 7,40,000 shares in Vinsys IT IPO.

 Committed Cargo Care IPOVinsys IT IPO
Anchor Investor Reservation11,08,000 shares
Market Maker Reservation1,64,800 shares1,95,000 shares
QIB7,40,000 shares
NII15,37,600 shares5,56,000 shares
RII15,37,600 shares12,95,000 shares
Employee
Others
Total30,75,200 shares36,99,000 shares

Bids Received (Subscription)

Committed Cargo Care IPO subscribed 87.78x in total, whereas Vinsys IT IPO subscribed 89.00x.

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Committed Cargo Care IPO Vs Vinsys IT IPO