Comparison between Cell Point IPO and Pentagon Rubber IPO.
IPO Details
Cell Point IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Pentagon Rubber IPO is a SME Bookbuilding 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 Pentagon Rubber IPO is up to ₹15.36 Cr. The final issue price of Cell Point IPO is ₹100.00 per share and of Pentagon Rubber IPO is ₹70.00 per share.
IPO Timetable
Cell Point IPO opens on Jun 15, 2023, while Pentagon Rubber IPO opens on Jun 26, 2023. The closing date of Cell Point IPO and Pentagon Rubber IPO is Jun 20, 2023, and Jun 30, 2023, respectively.
| | Cell Point IPO | Pentagon Rubber IPO |
|---|
| Anchor Bid Date | | Jun 23, 2023 |
| Issue Open | Jun 15, 2023 | Jun 26, 2023 |
| Issue Close | Jun 20, 2023 | Jun 30, 2023 |
| Basis Of Allotment (Tentative) | Jun 23, 2023 | Jul 05, 2023 |
| Initiation of Refunds (Tentative) | Jun 26, 2023 | Jul 06, 2023 |
| Credit of Share (Tentative) | Jun 27, 2023 | Jul 07, 2023 |
| Listing date (Tentative) | Jun 28, 2023 | Jul 07, 2023 |
| Anchor Lockin End date 1 | | Aug 04, 2023 |
| Anchor Lockin End date 2 | | Oct 03, 2023 |
Financials & KPIs
Cell Point IPO P/E ratio is 24.1, as compared to Pentagon Rubber IPO P/E ratio of 18.76.
Shares Offered
In the Cell Point IPO Retail Individual Investors (RII) are offered 23,91,000 shares while in Pentagon Rubber IPO retail investors are offered 23,91,000 shares. Qualified Institutional Buyers (QIB) are offered in Cell Point IPO and 4,38,000 shares in Pentagon Rubber IPO.
| | Cell Point IPO | Pentagon Rubber IPO |
|---|
| Anchor Investor Reservation | | 6,56,000 shares |
| Market Maker Reservation | 2,52,000 shares | 1,16,000 shares |
| QIB | | 4,38,000 shares |
| NII | 23,91,000 shares | 3,30,000 shares |
| RII | 23,91,000 shares | 7,70,000 shares |
| Employee | | |
| Others | | |
| Total | 47,82,000 shares | 21,94,000 shares |
Bids Received (Subscription)
Cell Point IPO subscribed 6.03x in total, whereas Pentagon Rubber IPO subscribed 106.20x.
