Frog Cellsat IPO vs Pace E-Commerce Ventures IPO

Comparison between Frog Cellsat IPO and Pace E-Commerce Ventures IPO.

IPO Details

Frog Cellsat IPO is a SME Fixed Price IPO proposed to list at NSE SME while Pace E-Commerce Ventures IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of Frog Cellsat IPO is up to ₹39.49 Cr whereas the issue size of the Pace E-Commerce Ventures IPO is up to ₹63.11 Cr. The final issue price of Frog Cellsat IPO is ₹102.00 per share and of Pace E-Commerce Ventures IPO is ₹103.00 per share.

 Frog Cellsat IPOPace E-Commerce Ventures IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹97.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹102.00 per share₹103.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares1200 shares
Fresh Issue Size38,71,200 shares36,67,600 shares
Fresh Issue Size (Amount)up to ₹39.49 Crup to ₹37.78 Cr
OFS Issue Size0 shares24,59,600 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹25.33 Cr
Issue Size Total38,71,200 shares61,27,200 shares
Issue Size Total (Amount)up to ₹39.49 Crup to ₹63.11 Cr

IPO Timetable

Frog Cellsat IPO opens on Sep 29, 2022, while Pace E-Commerce Ventures IPO opens on Sep 29, 2022. The closing date of Frog Cellsat IPO and Pace E-Commerce Ventures IPO is Oct 04, 2022, and Oct 13, 2022, respectively.

 Frog Cellsat IPOPace E-Commerce Ventures IPO
Anchor Bid DateSep 28, 2022
Issue OpenSep 29, 2022Sep 29, 2022
Issue CloseOct 04, 2022Oct 13, 2022
Basis Of Allotment (Tentative)Oct 10, 2022Oct 18, 2022
Initiation of Refunds (Tentative)Oct 11, 2022Oct 19, 2022
Credit of Share (Tentative)Oct 12, 2022Oct 20, 2022
Listing date (Tentative)Oct 13, 2022Oct 20, 2022
Anchor Lockin End date 1Nov 09, 2022
Anchor Lockin End date 2Jan 08, 2023

Financials & KPIs

Frog Cellsat IPO P/E ratio is 10.93, as compared to Pace E-Commerce Ventures IPO P/E ratio of 429.16.

 Frog Cellsat IPOPace E-Commerce Ventures IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets97.2592.8587.29
Total Income135.29129.4088.51
Profit After Tax14.3414.261.39
NET Worth68.9659.5845.32
Reserves and Surplus68.9159.5345.27
Total Borrowing0.000.000.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets32.4227.861.58
Total Income10.541.721.50
Profit After Tax0.540.070.00
NET Worth26.4925.950.07
Reserves and Surplus8.180.060.06
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9991.12
Promoter Shareholding (Post-Issue)73.4965
P/E Ratio10.93429.16
Market Cap₹156.83 Cr.₹232.10 Cr.
ROE2.95
ROCE2.04
Debt/Equity0.090.14
EPS₹2867.53₹0.30
RoNW20.792.04

Shares Offered

In the Frog Cellsat IPO Retail Individual Investors (RII) are offered 13,56,000 shares while in Pace E-Commerce Ventures IPO retail investors are offered 13,56,000 shares. Qualified Institutional Buyers (QIB) are offered 7,75,200 shares in Frog Cellsat IPO and in Pace E-Commerce Ventures IPO.

 Frog Cellsat IPOPace E-Commerce Ventures IPO
Anchor Investor Reservation11,59,200 shares
Market Maker Reservation2,04,000 shares3,32,400 shares
QIB7,75,200 shares
NII5,80,800 shares30,63,600 shares
RII13,56,000 shares30,63,600 shares
Employee
Others
Total38,71,200 shares61,27,200 shares

Bids Received (Subscription)

Frog Cellsat IPO subscribed 21.06x in total, whereas Pace E-Commerce Ventures IPO subscribed 1.14x.

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