CFF Fluid Control IPO vs Kore Digital IPO

Comparison between CFF Fluid Control IPO and Kore Digital IPO.

IPO Details

CFF Fluid Control IPO is a SME Fixed Price IPO proposed to list at BSE 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 CFF Fluid Control IPO is up to ₹81.50 Cr whereas the issue size of the Kore Digital IPO is up to ₹17.06 Cr. The final issue price of CFF Fluid Control IPO is ₹165.00 per share and of Kore Digital IPO is ₹180.00 per share.

 CFF Fluid Control IPOKore Digital IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹165.00 per share₹180.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares800 shares
Fresh Issue Size49,39,200 shares9,48,000 shares
Fresh Issue Size (Amount)up to ₹81.50 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 Total49,39,200 shares9,48,000 shares
Issue Size Total (Amount)up to ₹81.50 Crup to ₹17.06 Cr

IPO Timetable

CFF Fluid Control IPO opens on May 30, 2023, while Kore Digital IPO opens on Jun 02, 2023. The closing date of CFF Fluid Control IPO and Kore Digital IPO is Jun 02, 2023, and Jun 07, 2023, respectively.

Financials & KPIs

CFF Fluid Control IPO P/E ratio is 30.22, as compared to Kore Digital IPO P/E ratio of 17.86.

 CFF Fluid Control IPOKore Digital 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 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)99.9999.70
Promoter Shareholding (Post-Issue)73.3071.38
P/E Ratio30.2217.86
Market Cap₹321.32 Cr.₹63.36 Cr.
ROE520.67
ROCE36.810.49
Debt/Equity1.220.36
EPS₹5.46₹10.08
RoNW52.5650.18

Shares Offered

In the CFF Fluid Control IPO Retail Individual Investors (RII) are offered 24,69,600 shares while in Kore Digital IPO retail investors are offered 24,69,600 shares. Qualified Institutional Buyers (QIB) are offered in CFF Fluid Control IPO and in Kore Digital IPO.

 CFF Fluid Control IPOKore Digital IPO
Anchor Investor Reservation
Market Maker Reservation2,60,800 shares52,000 shares
QIB
NII24,69,600 shares4,74,000 shares
RII24,69,600 shares4,74,000 shares
Employee
Others
Total49,39,200 shares9,48,000 shares

Bids Received (Subscription)

CFF Fluid Control IPO subscribed 2.21x in total, whereas Kore Digital IPO subscribed 41.56x.

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CFF Fluid Control IPO Vs Kore Digital IPO