Comparison between Cosmic CRF IPO and Sahana System IPO.
Cosmic CRF IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Sahana System IPO is a SME Bookbuilding proposed to list at NSE SME.
| Cosmic CRF IPO | Sahana System IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Horizon Management Pvt.Ltd. | Interactive Financial Services Ltd. Unistone Capital Pvt.Ltd. |
| Registrar | MAS Services Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Cosmic CRF IPO is up to ₹54.35 Cr whereas the issue size of the Sahana System IPO is up to ₹31.05 Cr. The final issue price of Cosmic CRF IPO is ₹314.00 per share and of Sahana System IPO is ₹135.00 per share.
| Cosmic CRF IPO | Sahana System IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹298.00 per share | ₹132.00 per share |
| Issue Price (Upper) | ₹314.00 per share | ₹135.00 per share |
| Issue Price (Final) | ₹314.00 per share | ₹135.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 400 shares | 1000 shares |
| Fresh Issue Size | 17,30,800 shares | 23,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹54.35 Cr | up to ₹31.05 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 | 17,30,800 shares | 23,00,000 shares |
| Issue Size Total (Amount) | up to ₹54.35 Cr | up to ₹31.05 Cr |
Cosmic CRF IPO opens on Jun 14, 2023, while Sahana System IPO opens on May 31, 2023. The closing date of Cosmic CRF IPO and Sahana System IPO is Jun 21, 2023, and Jun 02, 2023, respectively.
| Cosmic CRF IPO | Sahana System IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Jun 14, 2023 | May 31, 2023 |
| Issue Close | Jun 21, 2023 | Jun 02, 2023 |
| Basis Of Allotment (Tentative) | Jun 26, 2023 | Jun 07, 2023 |
| Initiation of Refunds (Tentative) | Jun 27, 2023 | Jun 08, 2023 |
| Credit of Share (Tentative) | Jun 29, 2023 | Jun 09, 2023 |
| Listing date (Tentative) | Jun 30, 2023 | Jun 12, 2023 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Cosmic CRF IPO P/E ratio is 35.64, as compared to Sahana System IPO P/E ratio of 16.88.
| Cosmic CRF IPO | Sahana System IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.42 | 90.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 35.64 | 16.88 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹228.43 Cr. | ₹107.95 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 83.52 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 61.05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.44 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.50 | ₹11.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 39.35 | 59.24 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cosmic CRF IPO Retail Individual Investors (RII) are offered 12,98,000 shares while in Sahana System IPO retail investors are offered 12,98,000 shares. Qualified Institutional Buyers (QIB) are offered 34,400 shares in Cosmic CRF IPO and 2,30,000 shares in Sahana System IPO.
| Cosmic CRF IPO | Sahana System IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 91,200 shares | 1,25,000 shares |
| QIB | 34,400 shares | 2,30,000 shares |
| NII | 3,98,400 shares | 10,35,000 shares |
| RII | 12,98,000 shares | 10,35,000 shares |
| Employee | ||
| Others | ||
| Total | 17,30,800 shares | 23,00,000 shares |
Cosmic CRF IPO subscribed 1.16x in total, whereas Sahana System IPO subscribed 9.99x.
| Cosmic CRF IPO | Sahana System IPO | |
|---|---|---|
| QIB (times) | 3.76x | 9.70x |
| NII (times) | 2.76x | 7.07x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 0.60x | 12.97x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.16x | 9.99x |
