Cell Point IPO vs Pentagon Rubber IPO

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.

 Cell Point IPOPentagon Rubber IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹65.00 per share
Issue Price (Upper)₹70.00 per share
Issue Price (Final)₹100.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size47,82,000 shares21,94,000 shares
Fresh Issue Size (Amount)up to ₹47.82 Crup to ₹15.36 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total47,82,000 shares21,94,000 shares
Issue Size Total (Amount)up to ₹47.82 Crup to ₹15.36 Cr

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 IPOPentagon Rubber IPO
Anchor Bid DateJun 23, 2023
Issue OpenJun 15, 2023Jun 26, 2023
Issue CloseJun 20, 2023Jun 30, 2023
Basis Of Allotment (Tentative)Jun 23, 2023Jul 05, 2023
Initiation of Refunds (Tentative)Jun 26, 2023Jul 06, 2023
Credit of Share (Tentative)Jun 27, 2023Jul 07, 2023
Listing date (Tentative)Jun 28, 2023Jul 07, 2023
Anchor Lockin End date 1Aug 04, 2023
Anchor Lockin End date 2Oct 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.

 Cell Point IPOPentagon Rubber 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
Assets29.5728.0225.8921.33
Total Income29.9835.1223.2019.39
Profit After Tax2.163.091.100.94
NET Worth7.705.542.461.35
Reserves and Surplus2.301.54-1.54-2.65
Total Borrowing16.7017.5916.4912.45
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.00100
Promoter Shareholding (Post-Issue)73.0670.04
P/E Ratio24.118.76
Market Cap₹186.86 Cr.₹53.97 Cr.
ROE32.59
ROCE27.16
Debt/Equity2.17
EPS₹11.60₹3.83
RoNW10.5555.67

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 IPOPentagon Rubber IPO
Anchor Investor Reservation6,56,000 shares
Market Maker Reservation2,52,000 shares1,16,000 shares
QIB4,38,000 shares
NII23,91,000 shares3,30,000 shares
RII23,91,000 shares7,70,000 shares
Employee
Others
Total47,82,000 shares21,94,000 shares

Bids Received (Subscription)

Cell Point IPO subscribed 6.03x in total, whereas Pentagon Rubber IPO subscribed 106.20x.

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Cell Point IPO Vs Pentagon Rubber IPO