Comparison between CFF Fluid Control FPO and Justo Realfintech IPO.
CFF Fluid Control FPO is a SME Bookbuilding IPO proposed to list at BSE SME while Justo Realfintech IPO is a SME Bookbuilding proposed to list at BSE SME.
| CFF Fluid Control FPO | Justo Realfintech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | FPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Aryaman Financial Services Ltd. | Vivro Financial Services Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Purva Sharegistry (India) Pvt.Ltd. |
| Market Maker | Aryaman Capital Markets Ltd. | Rikhav Securities Ltd. |
| DRHP | DRHP  | DRHP |
| 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 CFF Fluid Control FPO is up to ₹83.19 Cr whereas the issue size of the Justo Realfintech IPO is up to ₹59.82 Cr. The final issue price of CFF Fluid Control FPO is ₹585.00 per share and of Justo Realfintech IPO is ₹127.00 per share.
| CFF Fluid Control FPO | Justo Realfintech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹120.00 per share | |
| Issue Price (Upper) | ₹127.00 per share | |
| Issue Price (Final) | ₹585.00 per share | ₹127.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 200 shares | 1000 shares |
| Fresh Issue Size | 14,22,000 shares | 47,10,000 shares |
| Fresh Issue Size (Amount) | up to ₹83.19 Cr | up to ₹59.82 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 | 14,22,000 shares | 47,10,000 shares |
| Issue Size Total (Amount) | up to ₹83.19 Cr | up to ₹59.82 Cr |
CFF Fluid Control FPO opens on Jul 09, 2025, while Justo Realfintech IPO opens on Sep 24, 2025. The closing date of CFF Fluid Control FPO and Justo Realfintech IPO is Jul 11, 2025, and Sep 26, 2025, respectively.
| CFF Fluid Control FPO | Justo Realfintech IPO | |
|---|---|---|
| Anchor Bid Date | Sep 23, 2025 | |
| Issue Open | Jul 09, 2025 | Sep 24, 2025 |
| Issue Close | Jul 11, 2025 | Sep 26, 2025 |
| Basis Of Allotment (Tentative) | Jul 14, 2025 | Sep 29, 2025 |
| Initiation of Refunds (Tentative) | Jul 15, 2025 | Sep 30, 2025 |
| Credit of Share (Tentative) | Jul 15, 2025 | Sep 30, 2025 |
| Listing date (Tentative) | Jul 16, 2025 | Oct 01, 2025 |
| Anchor Lockin End date 1 | Oct 28, 2025 | |
| Anchor Lockin End date 2 | Dec 27, 2025 |
CFF Fluid Control FPO P/E ratio is 47.77, as compared to Justo Realfintech IPO P/E ratio of 11.55.
| CFF Fluid Control FPO | Justo Realfintech IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)CFF Fluid Control Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 40% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated Consolidated)Justo Realfintech Ltd.'s revenue increased by 37% and profit after tax (PAT) rose by 127% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 73.31 | 51.87 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.06 | 38.18 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 47.77 | 11.55 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1226.98 Cr. | ₹238.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 17.42% | 38.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 21.84% | 44.18% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹12.25 | ₹10.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 16.13% | 38.84% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the CFF Fluid Control FPO Retail Individual Investors (RII) are offered 7,11,200 shares while in Justo Realfintech IPO retail investors are offered 7,11,200 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in CFF Fluid Control FPO and 9,42,000 shares in Justo Realfintech IPO.
| CFF Fluid Control FPO | Justo Realfintech IPO | |
|---|---|---|
| Anchor Investor Reservation | 14,10,000 shares | |
| Market Maker Reservation | 78,000 shares | 2,51,000 shares |
| QIB | 0 shares | 9,42,000 shares |
| NII | 7,10,800 shares | 7,08,000 shares |
| RII | 7,11,200 shares | 16,50,000 shares |
| Employee | 0 shares | |
| Others | ||
| Total | 14,22,000 shares | 47,10,000 shares |
CFF Fluid Control FPO subscribed 8.45x in total, whereas Justo Realfintech IPO subscribed 4.57x.
| CFF Fluid Control FPO | Justo Realfintech IPO | |
|---|---|---|
| QIB (times) | 7.21x | |
| NII (times) | 10.06x | 6.81x |
| Big NII (times) | 8.54x | |
| Small NII (times) | 3.38x | |
| RII (times) | 6.34x | 2.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 8.45x | 4.57x |
