Comparison between Frog Cellsat IPO and Swastik Pipe IPO.
Frog Cellsat IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Swastik Pipe IPO is a SME Bookbuilding proposed to list at NSE SME.
| Frog Cellsat IPO | Swastik Pipe IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Corporate Capitalventures Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | SS Corporate Securities 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 Frog Cellsat IPO is up to ₹39.49 Cr whereas the issue size of the Swastik Pipe IPO is up to ₹59.38 Cr. The final issue price of Frog Cellsat IPO is ₹102.00 per share and of Swastik Pipe IPO is ₹100.00 per share.
| Frog Cellsat IPO | Swastik Pipe IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹97.00 per share | ₹97.00 per share |
| Issue Price (Upper) | ₹102.00 per share | ₹100.00 per share |
| Issue Price (Final) | ₹102.00 per share | ₹100.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 38,71,200 shares | 59,37,600 shares |
| Fresh Issue Size (Amount) | up to ₹39.49 Cr | up to ₹59.38 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 | 38,71,200 shares | 59,37,600 shares |
| Issue Size Total (Amount) | up to ₹39.49 Cr | up to ₹59.38 Cr |
Frog Cellsat IPO opens on Sep 29, 2022, while Swastik Pipe IPO opens on Sep 29, 2022. The closing date of Frog Cellsat IPO and Swastik Pipe IPO is Oct 04, 2022, and Oct 03, 2022, respectively.
| Frog Cellsat IPO | Swastik Pipe IPO | |
|---|---|---|
| Anchor Bid Date | Sep 28, 2022 | |
| Issue Open | Sep 29, 2022 | Sep 29, 2022 |
| Issue Close | Oct 04, 2022 | Oct 03, 2022 |
| Basis Of Allotment (Tentative) | Oct 10, 2022 | Oct 07, 2022 |
| Initiation of Refunds (Tentative) | Oct 11, 2022 | Oct 10, 2022 |
| Credit of Share (Tentative) | Oct 12, 2022 | Oct 11, 2022 |
| Listing date (Tentative) | Oct 13, 2022 | Oct 12, 2022 |
| Anchor Lockin End date 1 | Nov 09, 2022 | |
| Anchor Lockin End date 2 | Jan 08, 2023 |
Frog Cellsat IPO P/E ratio is 10.93, as compared to Swastik Pipe IPO P/E ratio of 11.38.
| Frog Cellsat IPO | Swastik Pipe IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 88.27 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.49 | 64.51 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.93 | 11.38 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹156.83 Cr. | ₹232.32 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.09 | 0.80 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2867.53 | ₹14.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.79 | 14.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Frog Cellsat IPO Retail Individual Investors (RII) are offered 13,56,000 shares while in Swastik Pipe IPO retail investors are offered 13,56,000 shares. Qualified Institutional Buyers (QIB) are offered 7,75,200 shares in Frog Cellsat IPO and in Swastik Pipe IPO.
| Frog Cellsat IPO | Swastik Pipe IPO | |
|---|---|---|
| Anchor Investor Reservation | 11,59,200 shares | |
| Market Maker Reservation | 2,04,000 shares | 3,14,400 shares |
| QIB | 7,75,200 shares | |
| NII | 5,80,800 shares | 29,68,800 shares |
| RII | 13,56,000 shares | 29,68,800 shares |
| Employee | ||
| Others | ||
| Total | 38,71,200 shares | 59,37,600 shares |
Frog Cellsat IPO subscribed 21.06x in total, whereas Swastik Pipe IPO subscribed 1.35x.
| Frog Cellsat IPO | Swastik Pipe IPO | |
|---|---|---|
| QIB (times) | 5.36x | |
| NII (times) | 70.94x | 1.37x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 22.10x | 1.33x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.06x | 1.35x |
