Cello World IPO vs Gandhar Oil Refinery IPO

Comparison between Cello World IPO and Gandhar Oil Refinery IPO.

IPO Details

Cello World IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Gandhar Oil Refinery 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 Gandhar Oil Refinery IPO is up to ₹500.69 Cr. The final issue price of Cello World IPO is ₹648.00 per share and of Gandhar Oil Refinery IPO is ₹169.00 per share.

 Cello World IPOGandhar Oil Refinery IPO
Face Value₹5 per share₹2 per share
Issue Price (Lower)₹617.00 per share₹160.00 per share
Issue Price (Upper)₹648.00 per share₹169.00 per share
Issue Price (Final)₹648.00 per share₹169.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹61.00 per share
Market Lot Size23 shares88 shares
Fresh Issue Size0 shares1,78,69,822 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹302.00 Cr
OFS Issue Size2,93,37,023 shares1,17,56,910 shares
OFS Issue Size (Amount)up to ₹1,900.00 Crup to ₹198.69 Cr
Issue Size Total2,93,37,023 shares2,96,26,732 shares
Issue Size Total (Amount)up to ₹1,900.00 Crup to ₹500.69 Cr

IPO Timetable

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

 Cello World IPOGandhar Oil Refinery 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 29, 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 Gandhar Oil Refinery IPO P/E ratio of .

 Cello World IPOGandhar Oil Refinery 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 (Proforma Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,795.571,613.441,318.211,097.70
Total Income1,071.524,101.793,397.982,069.58
Profit After Tax54.28213.18184.30161.14
NET Worth810.79760.21560.71375.76
Reserves and Surplus763.99719.19529.07355.68
Total Borrowing335.62169.53158.16176.78
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.887.50
Promoter Shareholding (Post-Issue)78.0664.63
P/E Ratio
Market Cap₹13752.57 Cr.₹1654.00 Cr.
ROE39.9%32.28%
ROCE44.48%41.19%
Debt/Equity0.620.22
EPS₹13.65₹23.77
RoNW23.17%32.28%

Shares Offered

In the Cello World IPO Retail Individual Investors (RII) are offered 1,02,08,334 shares while in Gandhar Oil Refinery 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 59,25,347 shares in Gandhar Oil Refinery IPO.

 Cello World IPOGandhar Oil Refinery IPO
Anchor Investor Reservation87,49,999 shares88,88,018 shares
Market Maker Reservation
QIB58,33,333 shares59,25,347 shares
NII43,75,000 shares44,44,010 shares
RII1,02,08,334 shares1,03,69,357 shares
Employee1,70,357 shares
Others
Total2,93,37,023 shares2,96,26,732 shares

Bids Received (Subscription)

Cello World IPO subscribed 41.69x in total, whereas Gandhar Oil Refinery IPO subscribed 65.63x.

 Cello World IPOGandhar Oil Refinery IPO
QIB (times)122.20x129.06x
NII (times)25.65x64.34x
Big NII (times)30.02x61.93x
Small NII (times)16.91x69.17x
RII (times)3.21x29.93x
Employee (times)2.74x
Other (times)
Total (times)41.69x65.63x

Compare with others

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Cello World IPO Vs Gandhar Oil Refinery IPO