Comparison between Cello World IPO and Protean eGov Technologies IPO.
Cello World IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Protean eGov Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE.
The total issue size of Cello World IPO is up to ₹1,900.00 Cr whereas the issue size of the Protean eGov Technologies IPO is up to ₹489.95 Cr. The final issue price of Cello World IPO is ₹648.00 per share and of Protean eGov Technologies IPO is ₹792.00 per share.
| Cello World IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹617.00 per share | ₹752.00 per share |
| Issue Price (Upper) | ₹648.00 per share | ₹792.00 per share |
| Issue Price (Final) | ₹648.00 per share | ₹792.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹61.00 per share | ₹75.00 per share |
| Market Lot Size | 23 shares | 18 shares |
| Fresh Issue Size | 0 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,93,37,023 shares | 61,91,000 shares |
| OFS Issue Size (Amount) | up to ₹1,900.00 Cr | up to ₹489.95 Cr |
| Issue Size Total | 2,93,37,023 shares | 61,91,000 shares |
| Issue Size Total (Amount) | up to ₹1,900.00 Cr | up to ₹489.95 Cr |
Cello World IPO opens on Oct 30, 2023, while Protean eGov Technologies IPO opens on Nov 06, 2023. The closing date of Cello World IPO and Protean eGov Technologies IPO is Nov 01, 2023, and Nov 08, 2023, respectively.
| Cello World IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Oct 27, 2023 | Nov 03, 2023 |
| Issue Open | Oct 30, 2023 | Nov 06, 2023 |
| Issue Close | Nov 01, 2023 | Nov 08, 2023 |
| Basis Of Allotment (Tentative) | Nov 02, 2023 | Nov 13, 2023 |
| Initiation of Refunds (Tentative) | Nov 02, 2023 | Nov 15, 2023 |
| Credit of Share (Tentative) | Nov 03, 2023 | Nov 16, 2023 |
| Listing date (Tentative) | Nov 06, 2023 | Nov 13, 2023 |
| Anchor Lockin End date 1 | Dec 02, 2023 | Dec 13, 2023 |
| Anchor Lockin End date 2 | Jan 31, 2024 | Feb 11, 2024 |
Cello World IPO P/E ratio is , as compared to Protean eGov Technologies IPO P/E ratio of 29.91.
| Cello World IPO | Protean eGov Technologies IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 91.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 78.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 29.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13752.57 Cr. | ₹3203.38 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.9% | 12.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 44.48% | 16.13% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.65 | ₹26.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.17% | 12.49% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Cello World IPO Retail Individual Investors (RII) are offered 1,02,08,334 shares while in Protean eGov Technologies IPO retail investors are offered 1,02,08,334 shares. Qualified Institutional Buyers (QIB) are offered 58,33,333 shares in Cello World IPO and 12,08,200 shares in Protean eGov Technologies IPO.
| Cello World IPO | Protean eGov Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 87,49,999 shares | 18,12,300 shares |
| Market Maker Reservation | ||
| QIB | 58,33,333 shares | 12,08,200 shares |
| NII | 43,75,000 shares | 9,06,150 shares |
| RII | 1,02,08,334 shares | 21,14,350 shares |
| Employee | 1,70,357 shares | 1,50,000 shares |
| Others | ||
| Total | 2,93,37,023 shares | 61,91,000 shares |
Cello World IPO subscribed 41.69x in total, whereas Protean eGov Technologies IPO subscribed 23.86x.
| Cello World IPO | Protean eGov Technologies IPO | |
|---|---|---|
| QIB (times) | 122.20x | 46.94x |
| NII (times) | 25.65x | 31.62x |
| Big NII (times) | 30.02x | 33.14x |
| Small NII (times) | 16.91x | 28.58x |
| RII (times) | 3.21x | 8.93x |
| Employee (times) | 2.74x | 1.49x |
| Other (times) | ||
| Total (times) | 41.69x | 23.86x |
