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AB Cotspin IPO vs Foce India IPO

Comparison between AB Cotspin IPO and Foce India IPO.

IPO Details

AB Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Foce India IPO is a SME Fixed Price proposed to list at NSE SME.

 AB Cotspin IPOFoce India IPO
LogoAB Cotspin IPO LogoFoce India IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtNSE SMENSE SME
Lead ManagersPantomath Capital Advisors Pvt.Ltd.Mark Corporate Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerPentagon Stock Brokers Pvt.Ltd.Svcm Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of AB Cotspin IPO is up to ₹9.58 Cr whereas the issue size of the Foce India IPO is up to ₹27.57 Cr. The final issue price of AB Cotspin IPO is ₹35.00 per share and of Foce India IPO is ₹225.00 per share.

 AB Cotspin IPOFoce India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹33.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹35.00 per share₹225.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares600 shares
Fresh Issue Size27,36,000 shares8,35,200 shares
Fresh Issue Size (Amount)up to ₹9.58 Crup to ₹18.79 Cr
OFS Issue Size0 shares3,90,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹8.78 Cr
Issue Size Total27,36,000 shares12,25,200 shares
Issue Size Total (Amount)up to ₹9.58 Crup to ₹27.57 Cr

IPO Timetable

AB Cotspin IPO opens on Dec 30, 2021, while Foce India IPO opens on Dec 13, 2021. The closing date of AB Cotspin IPO and Foce India IPO is Jan 03, 2022, and Dec 17, 2021, respectively.

 AB Cotspin IPOFoce India IPO
Anchor Bid Date
Issue OpenDec 30, 2021Dec 13, 2021
Issue CloseJan 03, 2022Dec 17, 2021
Basis Of Allotment (Tentative)Jan 06, 2022Dec 21, 2021
Initiation of Refunds (Tentative)Jan 07, 2022Dec 22, 2021
Credit of Share (Tentative)Jan 10, 2022Dec 23, 2021
Listing date (Tentative)Jan 11, 2022Dec 28, 2021
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

AB Cotspin IPO P/E ratio is 2.71, as compared to Foce India IPO P/E ratio of .

 AB Cotspin IPOFoce India IPO
Financials
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
  30-Jun-21 31-Mar-21 31-Mar-20
Total Assets 718.42 636.96 527.61
Total Revenue 305.34 1,155.67 942.81
Profit After Tax 33.22 38.78 7.57
Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
30-Jun-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 387.13 374.85 111.81 140.48
Total Revenue 361.66 768.98 544.44 620.81
Profit After Tax 15.22 19.89 16.07 15.84
Promoter Shareholding (Pre-Issue)48.5099.99
Promoter Shareholding (Post-Issue)34.9173.63
P/E Ratio2.71
Market Cap₹36.02 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the AB Cotspin IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Foce India IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered in AB Cotspin IPO and in Foce India IPO.

 AB Cotspin IPOFoce India IPO
Anchor Investor Reserveration
Market Maker Reserveration1,48,000 shares64,800 shares
QIB
NII13,68,000 shares6,12,600 shares
RII13,68,000 shares6,12,600 shares
Employee
Others
Total27,36,000 shares12,25,200 shares

Bids Received (Subscription)

AB Cotspin IPO subscribed 13.46x in total, whereas Foce India IPO subscribed 1.57x.

 AB Cotspin IPOFoce India IPO
QIB (times)
NII (times)9.45x1.29x
Big NII (times)
Small NII (times)
RII (times)17.47x1.84x
Employee (times)
Other (times)
Total (times)13.46x1.57x