CFF Fluid Control IPO vs Proventus Agrocom IPO

Comparison between CFF Fluid Control IPO and Proventus Agrocom IPO.

IPO Details

CFF Fluid Control IPO is a SME Fixed Price IPO proposed to list at BSE SME while Proventus Agrocom 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 Proventus Agrocom IPO is up to ₹66.06 Cr. The final issue price of CFF Fluid Control IPO is ₹165.00 per share and of Proventus Agrocom IPO is ₹771.00 per share.

 CFF Fluid Control IPOProventus Agrocom IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹165.00 per share₹771.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size800 shares160 shares
Fresh Issue Size49,39,200 shares6,26,653 shares
Fresh Issue Size (Amount)up to ₹81.50 Crup to ₹48.31 Cr
OFS Issue Size0 shares2,30,147 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹17.74 Cr
Issue Size Total49,39,200 shares8,56,800 shares
Issue Size Total (Amount)up to ₹81.50 Crup to ₹66.06 Cr

IPO Timetable

CFF Fluid Control IPO opens on May 30, 2023, while Proventus Agrocom IPO opens on May 24, 2023. The closing date of CFF Fluid Control IPO and Proventus Agrocom IPO is Jun 02, 2023, and May 26, 2023, respectively.

Financials & KPIs

CFF Fluid Control IPO P/E ratio is 30.22, as compared to Proventus Agrocom IPO P/E ratio of 186.23.

 CFF Fluid Control IPOProventus Agrocom 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 Consolidated)

Period Ended31 Dec 202231 Mar 202231 Mar 202131 Mar 2020
Assets97.35101.3188.4389.37
Total Income319.10404.35301.74900.89
Profit After Tax1.901.141.88-21.90
NET Worth61.6759.6758.4556.64
Reserves and Surplus52.3550.3449.1247.31
Total Borrowing30.6134.4429.4117.29
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9992.29
Promoter Shareholding (Post-Issue)73.3070.84
P/E Ratio30.22186.23
Market Cap₹321.32 Cr.₹264.27 Cr.
ROE522
ROCE36.814
Debt/Equity1.220.56
EPS₹5.46₹4.14
RoNW52.561.91

Shares Offered

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

 CFF Fluid Control IPOProventus Agrocom IPO
Anchor Investor Reservation
Market Maker Reservation2,60,800 shares45,120 shares
QIB
NII24,69,600 shares4,28,450 shares
RII24,69,600 shares4,28,450 shares
Employee
Others
Total49,39,200 shares8,56,900 shares

Bids Received (Subscription)

CFF Fluid Control IPO subscribed 2.21x in total, whereas Proventus Agrocom IPO subscribed 2.70x.

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CFF Fluid Control IPO Vs Proventus Agrocom IPO