Comparison between Frog Cellsat IPO and Reetech International Cargo IPO.
Frog Cellsat IPO is a SME Fixed Price IPO proposed to list at NSE SME while Reetech International Cargo IPO is a SME Fixed Price proposed to list at BSE SME.
| Frog Cellsat IPO | Reetech International Cargo IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Gretex Corporate Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Gretex Share Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Frog Cellsat IPO is up to ₹39.49 Cr whereas the issue size of the Reetech International Cargo IPO is up to ₹11.11 Cr. The final issue price of Frog Cellsat IPO is ₹102.00 per share and of Reetech International Cargo IPO is ₹105.00 per share.
| Frog Cellsat IPO | Reetech International Cargo 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 | ₹105.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 38,71,200 shares | 5,41,200 shares |
| Fresh Issue Size (Amount) | up to ₹39.49 Cr | up to ₹5.68 Cr |
| OFS Issue Size | 0 shares | 5,17,200 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹5.43 Cr |
| Issue Size Total | 38,71,200 shares | 10,58,400 shares |
| Issue Size Total (Amount) | up to ₹39.49 Cr | up to ₹11.11 Cr |
Frog Cellsat IPO opens on Sep 29, 2022, while Reetech International Cargo IPO opens on Sep 27, 2022. The closing date of Frog Cellsat IPO and Reetech International Cargo IPO is Oct 04, 2022, and Sep 29, 2022, respectively.
| Frog Cellsat IPO | Reetech International Cargo IPO | |
|---|---|---|
| Anchor Bid Date | Sep 28, 2022 | |
| Issue Open | Sep 29, 2022 | Sep 27, 2022 |
| Issue Close | Oct 04, 2022 | Sep 29, 2022 |
| Basis Of Allotment (Tentative) | Oct 10, 2022 | Oct 04, 2022 |
| Initiation of Refunds (Tentative) | Oct 11, 2022 | Oct 06, 2022 |
| Credit of Share (Tentative) | Oct 12, 2022 | Oct 07, 2022 |
| Listing date (Tentative) | Oct 13, 2022 | Oct 10, 2022 |
| Anchor Lockin End date 1 | Nov 09, 2022 | |
| Anchor Lockin End date 2 | Jan 08, 2023 |
Frog Cellsat IPO P/E ratio is 10.93, as compared to Reetech International Cargo IPO P/E ratio of 10.64.
| Frog Cellsat IPO | Reetech International Cargo IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.49 | 73.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.93 | 10.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹156.83 Cr. | ₹44.39 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 71.54 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 72.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.09 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2867.53 | ₹11.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.79 | 52.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Frog Cellsat IPO Retail Individual Investors (RII) are offered 13,56,000 shares while in Reetech International Cargo 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 Reetech International Cargo IPO.
| Frog Cellsat IPO | Reetech International Cargo IPO | |
|---|---|---|
| Anchor Investor Reservation | 11,59,200 shares | |
| Market Maker Reservation | 2,04,000 shares | 56,400 shares |
| QIB | 7,75,200 shares | |
| NII | 5,80,800 shares | 5,29,200 shares |
| RII | 13,56,000 shares | 5,29,200 shares |
| Employee | ||
| Others | ||
| Total | 38,71,200 shares | 10,58,400 shares |
Frog Cellsat IPO subscribed 21.06x in total, whereas Reetech International Cargo IPO subscribed 1.67x.
| Frog Cellsat IPO | Reetech International Cargo IPO | |
|---|---|---|
| QIB (times) | 5.36x | |
| NII (times) | 70.94x | 1.43x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 22.10x | 1.92x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.06x | 1.67x |
