Comparison between CFF Fluid Control IPO and Comrade Appliances IPO.
CFF Fluid Control IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Comrade Appliances IPO is a SME Bookbuilding proposed to list at BSE SME.
| CFF Fluid Control IPO | Comrade Appliances IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of CFF Fluid Control IPO is up to ₹81.50 Cr whereas the issue size of the Comrade Appliances IPO is up to ₹11.69 Cr. The final issue price of CFF Fluid Control IPO is ₹165.00 per share and of Comrade Appliances IPO is ₹54.00 per share.
| CFF Fluid Control IPO | Comrade Appliances IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | |
| Issue Price (Upper) | ₹54.00 per share | |
| Issue Price (Final) | ₹165.00 per share | ₹54.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 800 shares | 2000 shares |
| Fresh Issue Size | 49,39,200 shares | 21,64,000 shares |
| Fresh Issue Size (Amount) | up to ₹81.50 Cr | up to ₹11.69 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 | 49,39,200 shares | 21,64,000 shares |
| Issue Size Total (Amount) | up to ₹81.50 Cr | up to ₹11.69 Cr |
CFF Fluid Control IPO opens on May 30, 2023, while Comrade Appliances IPO opens on May 31, 2023. The closing date of CFF Fluid Control IPO and Comrade Appliances IPO is Jun 02, 2023, and Jun 05, 2023, respectively.
| CFF Fluid Control IPO | Comrade Appliances IPO | |
|---|---|---|
| Anchor Bid Date | May 30, 2023 | |
| Issue Open | May 30, 2023 | May 31, 2023 |
| Issue Close | Jun 02, 2023 | Jun 05, 2023 |
| Basis Of Allotment (Tentative) | Jun 07, 2023 | Jun 08, 2023 |
| Initiation of Refunds (Tentative) | Jun 08, 2023 | Jun 09, 2023 |
| Credit of Share (Tentative) | Jun 09, 2023 | Jun 12, 2023 |
| Listing date (Tentative) | Jun 12, 2023 | Jun 13, 2023 |
| Anchor Lockin End date 1 | Jul 08, 2023 | |
| Anchor Lockin End date 2 | Sep 06, 2023 |
CFF Fluid Control IPO P/E ratio is 30.22, as compared to Comrade Appliances IPO P/E ratio of 17.14.
| CFF Fluid Control IPO | Comrade Appliances IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.30 | 69.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 30.22 | 17.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹321.32 Cr. | ₹40.66 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 52 | 0.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 36.81 | 0.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.22 | 1.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.46 | ₹3.15 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 52.56 | 23.73 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the CFF Fluid Control IPO Retail Individual Investors (RII) are offered 24,69,600 shares while in Comrade Appliances IPO retail investors are offered 24,69,600 shares. Qualified Institutional Buyers (QIB) are offered in CFF Fluid Control IPO and 4,32,000 shares in Comrade Appliances IPO.
| CFF Fluid Control IPO | Comrade Appliances IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,48,000 shares | |
| Market Maker Reservation | 2,60,800 shares | 1,14,000 shares |
| QIB | 4,32,000 shares | |
| NII | 24,69,600 shares | 3,26,000 shares |
| RII | 24,69,600 shares | 7,58,000 shares |
| Employee | ||
| Others | ||
| Total | 49,39,200 shares | 21,64,000 shares |
CFF Fluid Control IPO subscribed 2.21x in total, whereas Comrade Appliances IPO subscribed 77.25x.
| CFF Fluid Control IPO | Comrade Appliances IPO | |
|---|---|---|
| QIB (times) | 21.86x | |
| NII (times) | 2.75x | 162.67x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.67x | 72.08x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2.21x | 77.25x |
