Cello World IPO vs Fedbank Financial IPO

Comparison between Cello World IPO and Fedbank Financial IPO.

IPO Details

Cello World IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Fedbank Financial IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Cello World IPO is up to ₹1,900.00 Cr whereas the issue size of the Fedbank Financial IPO is up to ₹1,092.26 Cr. The final issue price of Cello World IPO is ₹648.00 per share and of Fedbank Financial IPO is ₹140.00 per share.

 Cello World IPOFedbank Financial IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹617.00 per share₹133.00 per share
Issue Price (Upper)₹648.00 per share₹140.00 per share
Issue Price (Final)₹648.00 per share₹140.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹61.00 per share₹10.00 per share
Market Lot Size23 shares107 shares
Fresh Issue Size0 shares4,28,95,082 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹600.35 Cr
OFS Issue Size2,93,37,023 shares3,51,47,789 shares
OFS Issue Size (Amount)up to ₹1,900.00 Crup to ₹491.92 Cr
Issue Size Total2,93,37,023 shares7,80,42,871 shares
Issue Size Total (Amount)up to ₹1,900.00 Crup to ₹1,092.26 Cr

IPO Timetable

Cello World IPO opens on Oct 30, 2023, while Fedbank Financial IPO opens on Nov 22, 2023. The closing date of Cello World IPO and Fedbank Financial IPO is Nov 01, 2023, and Nov 24, 2023, respectively.

 Cello World IPOFedbank Financial IPO
Anchor Bid DateOct 27, 2023Nov 21, 2023
Issue OpenOct 30, 2023Nov 22, 2023
Issue CloseNov 01, 2023Nov 24, 2023
Basis Of Allotment (Tentative)Nov 02, 2023Nov 28, 2023
Initiation of Refunds (Tentative)Nov 02, 2023Nov 28, 2023
Credit of Share (Tentative)Nov 03, 2023Nov 29, 2023
Listing date (Tentative)Nov 06, 2023Nov 30, 2023
Anchor Lockin End date 1Dec 02, 2023Dec 28, 2023
Anchor Lockin End date 2Jan 31, 2024Feb 26, 2024

Financials & KPIs

Cello World IPO P/E ratio is , as compared to Fedbank Financial IPO P/E ratio of 25.04.

 Cello World IPOFedbank Financial IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,686.051,551.691,333.661,146.51
Total Income479.881,813.441,375.111,059.58
Profit After Tax82.83285.07219.52165.55
NET Worth1,226.56665.73444.04289.59
Reserves and Surplus149.61238.7587.26-107.04
Total Borrowing328.64335.11462.91334.07
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets9,412.519,070.996,555.715,466.31
Total Income367.871,214.68883.64697.57
Profit After Tax53.88180.13103.4661.68
NET Worth1,414.901,355.681,153.52834.73
Reserves and Surplus1,076.671,021.52832.00544.45
Total Borrowing7,619.527,135.825,016.844,328.09
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.872.28
Promoter Shareholding (Post-Issue)78.0662.40
P/E Ratio25.04
Market Cap₹13752.57 Cr.₹5165.06 Cr.
ROE39.9%14.36%
ROCE44.48%
Debt/Equity0.62
EPS₹13.65₹5.60
RoNW23.17%13.29%

Shares Offered

In the Cello World IPO Retail Individual Investors (RII) are offered 1,02,08,334 shares while in Fedbank Financial IPO retail investors are offered 1,02,08,334 shares. Qualified Institutional Buyers (QIB) are offered 58,33,333 shares in Cello World IPO and 1,54,60,916 shares in Fedbank Financial IPO.

 Cello World IPOFedbank Financial IPO
Anchor Investor Reservation87,49,999 shares2,31,91,374 shares
Market Maker Reservation
QIB58,33,333 shares1,54,60,916 shares
NII43,75,000 shares1,15,95,687 shares
RII1,02,08,334 shares2,70,56,603 shares
Employee1,70,357 shares7,69,230 shares
Others
Total2,93,37,023 shares7,80,73,810 shares

Bids Received (Subscription)

Cello World IPO subscribed 41.69x in total, whereas Fedbank Financial IPO subscribed 2.24x.

 Cello World IPOFedbank Financial IPO
QIB (times)122.20x3.48x
NII (times)25.65x1.49x
Big NII (times)30.02x1.27x
Small NII (times)16.91x1.95x
RII (times)3.21x1.88x
Employee (times)2.74x1.34x
Other (times)
Total (times)41.69x2.24x

Compare with others

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Cello World IPO Vs Fedbank Financial IPO