Comparison between Comrade Appliances IPO and Cosmic CRF IPO.
Comrade Appliances IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Cosmic CRF IPO is a SME Bookbuilding proposed to list at BSE SME.
| Comrade Appliances IPO | Cosmic CRF IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Gretex Corporate Services Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | MAS Services Ltd. |
| Market Maker | Gretex Share Broking Pvt.Ltd. | Giriraj Stock 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 Comrade Appliances IPO is up to ₹11.69 Cr whereas the issue size of the Cosmic CRF IPO is up to ₹54.35 Cr. The final issue price of Comrade Appliances IPO is ₹54.00 per share and of Cosmic CRF IPO is ₹314.00 per share.
| Comrade Appliances IPO | Cosmic CRF IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹52.00 per share | ₹298.00 per share |
| Issue Price (Upper) | ₹54.00 per share | ₹314.00 per share |
| Issue Price (Final) | ₹54.00 per share | ₹314.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 400 shares |
| Fresh Issue Size | 21,64,000 shares | 17,30,800 shares |
| Fresh Issue Size (Amount) | up to ₹11.69 Cr | up to ₹54.35 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 | 21,64,000 shares | 17,30,800 shares |
| Issue Size Total (Amount) | up to ₹11.69 Cr | up to ₹54.35 Cr |
Comrade Appliances IPO opens on May 31, 2023, while Cosmic CRF IPO opens on Jun 14, 2023. The closing date of Comrade Appliances IPO and Cosmic CRF IPO is Jun 05, 2023, and Jun 21, 2023, respectively.
| Comrade Appliances IPO | Cosmic CRF IPO | |
|---|---|---|
| Anchor Bid Date | May 30, 2023 | |
| Issue Open | May 31, 2023 | Jun 14, 2023 |
| Issue Close | Jun 05, 2023 | Jun 21, 2023 |
| Basis Of Allotment (Tentative) | Jun 08, 2023 | Jun 26, 2023 |
| Initiation of Refunds (Tentative) | Jun 09, 2023 | Jun 27, 2023 |
| Credit of Share (Tentative) | Jun 12, 2023 | Jun 29, 2023 |
| Listing date (Tentative) | Jun 13, 2023 | Jun 30, 2023 |
| Anchor Lockin End date 1 | Jul 08, 2023 | |
| Anchor Lockin End date 2 | Sep 06, 2023 |
Comrade Appliances IPO P/E ratio is 17.14, as compared to Cosmic CRF IPO P/E ratio of 35.64.
| Comrade Appliances IPO | Cosmic CRF IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 98.42 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.74 | 72.52 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 17.14 | 35.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹40.66 Cr. | ₹228.43 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 0.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.16 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.96 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.15 | ₹13.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.73 | 39.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Comrade Appliances IPO Retail Individual Investors (RII) are offered 7,58,000 shares while in Cosmic CRF IPO retail investors are offered 7,58,000 shares. Qualified Institutional Buyers (QIB) are offered 4,32,000 shares in Comrade Appliances IPO and 34,400 shares in Cosmic CRF IPO.
| Comrade Appliances IPO | Cosmic CRF IPO | |
|---|---|---|
| Anchor Investor Reservation | 6,48,000 shares | |
| Market Maker Reservation | 1,14,000 shares | 91,200 shares |
| QIB | 4,32,000 shares | 34,400 shares |
| NII | 3,26,000 shares | 3,98,400 shares |
| RII | 7,58,000 shares | 12,98,000 shares |
| Employee | ||
| Others | ||
| Total | 21,64,000 shares | 17,30,800 shares |
Comrade Appliances IPO subscribed 77.25x in total, whereas Cosmic CRF IPO subscribed 1.16x.
| Comrade Appliances IPO | Cosmic CRF IPO | |
|---|---|---|
| QIB (times) | 21.86x | 3.76x |
| NII (times) | 162.67x | 2.76x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 72.08x | 0.60x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 77.25x | 1.16x |
