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.
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.
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 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 | |
Financials & KPIs
Frog Cellsat IPO P/E ratio is 10.93, as compared to Swastik Pipe IPO P/E ratio of 11.38.
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 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 |
| Total | 38,71,200 shares | 59,37,600 shares |
Bids Received (Subscription)
Frog Cellsat IPO subscribed 21.06x in total, whereas Swastik Pipe IPO subscribed 1.35x.
