Cell Point IPO vs Kore Digital IPO

Comparison between Cell Point IPO and Kore Digital IPO.

IPO Details

Cell Point IPO is a SME Fixed Price IPO proposed to list at NSE SME while Kore Digital IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of Cell Point IPO is up to ₹47.82 Cr whereas the issue size of the Kore Digital IPO is up to ₹17.06 Cr. The final issue price of Cell Point IPO is ₹100.00 per share and of Kore Digital IPO is ₹180.00 per share.

 Cell Point IPOKore Digital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹100.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares800 shares
Fresh Issue Size47,82,000 shares9,48,000 shares
Fresh Issue Size (Amount)up to ₹47.82 Crup to ₹17.06 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,82,000 shares9,48,000 shares
Issue Size Total (Amount)up to ₹47.82 Crup to ₹17.06 Cr

IPO Timetable

Cell Point IPO opens on Jun 15, 2023, while Kore Digital IPO opens on Jun 02, 2023. The closing date of Cell Point IPO and Kore Digital IPO is Jun 20, 2023, and Jun 07, 2023, respectively.

Financials & KPIs

Cell Point IPO P/E ratio is 24.1, as compared to Kore Digital IPO P/E ratio of 17.86.

 Cell Point IPOKore Digital IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets90.6482.7065.3155.85
Total Income221.68270.04223.56278.12
Profit After Tax5.811.650.691.60
NET Worth19.1713.3611.7111.02
Reserves and Surplus5.5212.2210.589.88
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets15.7314.425.851.89
Total Income11.9616.943.980.88
Profit After Tax2.542.180.260.02
NET Worth5.062.520.340.08
Reserves and Surplus2.542.510.330.07
Total Borrowing1.840.180.22
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0099.70
Promoter Shareholding (Post-Issue)73.0671.38
P/E Ratio24.117.86
Market Cap₹186.86 Cr.₹63.36 Cr.
ROE0.67
ROCE0.49
Debt/Equity0.36
EPS₹11.60₹10.08
RoNW10.5550.18

Shares Offered

In the Cell Point IPO Retail Individual Investors (RII) are offered 23,91,000 shares while in Kore Digital IPO retail investors are offered 23,91,000 shares. Qualified Institutional Buyers (QIB) are offered in Cell Point IPO and in Kore Digital IPO.

 Cell Point IPOKore Digital IPO
Anchor Investor Reservation
Market Maker Reservation2,52,000 shares52,000 shares
QIB
NII23,91,000 shares4,74,000 shares
RII23,91,000 shares4,74,000 shares
Employee
Others
Total47,82,000 shares9,48,000 shares

Bids Received (Subscription)

Cell Point IPO subscribed 6.03x in total, whereas Kore Digital IPO subscribed 41.56x.

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