Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Frog Cellsat IPO vs Swastik Pipe IPO

Comparison between Frog Cellsat IPO and Swastik Pipe IPO.

IPO Details

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 IPOSwastik Pipe IPO
LogoFrog Cellsat IPO LogoSwastik Pipe IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersSarthi Capital Advisors Pvt.Ltd.Corporate Capitalventures Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Skyline Financial Services Pvt.Ltd.
Market MakerSS Corporate Securities Ltd.SS Corporate Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

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 IPOSwastik 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 Size1200 shares1200 shares
Fresh Issue Size38,71,200 shares59,37,600 shares
Fresh Issue Size (Amount)up to ₹39.49 Crup to ₹59.38 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total38,71,200 shares59,37,600 shares
Issue Size Total (Amount)up to ₹39.49 Crup to ₹59.38 Cr

IPO Timetable

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 IPOSwastik Pipe IPO
Anchor Bid DateSep 28, 2022
Issue OpenSep 29, 2022Sep 29, 2022
Issue CloseOct 04, 2022Oct 03, 2022
Basis Of Allotment (Tentative)Oct 10, 2022Oct 07, 2022
Initiation of Refunds (Tentative)Oct 11, 2022Oct 10, 2022
Credit of Share (Tentative)Oct 12, 2022Oct 11, 2022
Listing date (Tentative)Oct 13, 2022Oct 12, 2022
Anchor Lockin End date 1Nov 09, 2022
Anchor Lockin End date 2Jan 08, 2023

Financials & KPIs

Frog Cellsat IPO P/E ratio is 10.93, as compared to Swastik Pipe IPO P/E ratio of 11.38.

 Frog Cellsat IPOSwastik Pipe IPO
Financials
Frog Cellsat Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-208728.538850.61139.124531.794526.79
31-Mar-219285.2712939.841425.765957.555952.55
31-Mar-229724.6313529.241433.766896.186891.18
Amount in ₹ Lakhs
Swastik Pipe Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-1935607.6572756.38467.979370.138450.03
31-Mar-2033650.7665807.21-1389.257980.917060.78
31-Mar-2133625.8852383.88148.648129.517209.42
31-Mar-2234127.2161219.772041.1114169.4212471.47
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9988.27
Promoter Shareholding (Post-Issue)73.4964.51
P/E Ratio10.9311.38
Market Cap₹156.83 Cr.₹232.32 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

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 IPOSwastik Pipe IPO
Anchor Investor Reserveration11,59,200 shares
Market Maker Reserveration2,04,000 shares3,14,400 shares
QIB7,75,200 shares
NII5,80,800 shares29,68,800 shares
RII13,56,000 shares29,68,800 shares
Employee
Others
Total38,71,200 shares59,37,600 shares

Bids Received (Subscription)

Frog Cellsat IPO subscribed 21.06x in total, whereas Swastik Pipe IPO subscribed 1.35x.

 Frog Cellsat IPOSwastik Pipe IPO
QIB (times)5.36x
NII (times)70.94x1.37x
Big NII (times)
Small NII (times)
RII (times)22.10x1.33x
Employee (times)
Other (times)
Total (times)21.06x1.35x