CFF Fluid Control IPO vs Hemant Surgical Industries IPO

Comparison between CFF Fluid Control IPO and Hemant Surgical Industries IPO.

IPO Details

CFF Fluid Control IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Hemant Surgical Industries IPO is a SME Bookbuilding proposed to list at BSE SME.

Issue Size and Price

The total issue size of CFF Fluid Control IPO is up to ₹81.50 Cr whereas the issue size of the Hemant Surgical Industries IPO is up to ₹23.54 Cr. The final issue price of CFF Fluid Control IPO is ₹165.00 per share and of Hemant Surgical Industries IPO is ₹90.00 per share.

 CFF Fluid Control IPOHemant Surgical Industries IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹85.00 per share
Issue Price (Upper)₹90.00 per share
Issue Price (Final)₹165.00 per share₹90.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares1600 shares
Fresh Issue Size49,39,200 shares26,16,000 shares
Fresh Issue Size (Amount)up to ₹81.50 Crup to ₹23.54 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total49,39,200 shares26,16,000 shares
Issue Size Total (Amount)up to ₹81.50 Crup to ₹23.54 Cr

IPO Timetable

CFF Fluid Control IPO opens on May 30, 2023, while Hemant Surgical Industries IPO opens on May 24, 2023. The closing date of CFF Fluid Control IPO and Hemant Surgical Industries IPO is Jun 02, 2023, and May 26, 2023, respectively.

 CFF Fluid Control IPOHemant Surgical Industries IPO
Anchor Bid DateMay 23, 2023
Issue OpenMay 30, 2023May 24, 2023
Issue CloseJun 02, 2023May 26, 2023
Basis Of Allotment (Tentative)Jun 07, 2023May 31, 2023
Initiation of Refunds (Tentative)Jun 08, 2023Jun 01, 2023
Credit of Share (Tentative)Jun 09, 2023Jun 02, 2023
Listing date (Tentative)Jun 12, 2023Jun 05, 2023
Anchor Lockin End date 1Jun 30, 2023
Anchor Lockin End date 2Aug 29, 2023

Financials & KPIs

CFF Fluid Control IPO P/E ratio is 30.22, as compared to Hemant Surgical Industries IPO P/E ratio of 12.28.

 CFF Fluid Control IPOHemant Surgical Industries IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets71.6655.9442.3243.10
Total Income50.8547.1214.8131.96
Profit After Tax7.187.800.251.33
NET Worth22.0114.837.046.79
Reserves and Surplus7.7414.126.326.08
Total Borrowing26.9316.5922.6114.33
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets64.9154.3842.90
Total Income111.50105.7760.65
Profit After Tax7.654.611.15
NET Worth23.6012.988.37
Reserves and Surplus15.9211.156.53
Total Borrowing7.129.7414.46
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.99100.00
Promoter Shareholding (Post-Issue)73.3073.56
P/E Ratio30.2212.28
Market Cap₹321.32 Cr.₹93.96 Cr.
ROE5232.42
ROCE36.8137.98
Debt/Equity1.220.30
EPS₹5.46₹10.26
RoNW52.5632.42

Shares Offered

In the CFF Fluid Control IPO Retail Individual Investors (RII) are offered 24,69,600 shares while in Hemant Surgical Industries IPO retail investors are offered 24,69,600 shares. Qualified Institutional Buyers (QIB) are offered in CFF Fluid Control IPO and 5,23,200 shares in Hemant Surgical Industries IPO.

 CFF Fluid Control IPOHemant Surgical Industries IPO
Anchor Investor Reservation7,82,400 shares
Market Maker Reservation2,60,800 shares1,44,000 shares
QIB5,23,200 shares
NII24,69,600 shares3,93,600 shares
RII24,69,600 shares9,16,800 shares
Employee
Others
Total49,39,200 shares26,16,000 shares

Bids Received (Subscription)

CFF Fluid Control IPO subscribed 2.21x in total, whereas Hemant Surgical Industries IPO subscribed 150.59x.

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CFF Fluid Control IPO Vs Hemant Surgical Industries IPO