Comparison between Frog Cellsat IPO and Rite Zone Chemcon IPO.
Frog Cellsat IPO is a SME Fixed Price IPO proposed to list at NSE SME while Rite Zone Chemcon IPO is a SME Fixed Price proposed to list at NSE SME.
| Frog Cellsat IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Sarthi Capital Advisors Pvt.Ltd. | Expert Global Consultants Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Skyline Financial Services Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Rikhav Securities 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 Rite Zone Chemcon IPO is up to ₹8.51 Cr. The final issue price of Frog Cellsat IPO is ₹102.00 per share and of Rite Zone Chemcon IPO is ₹75.00 per share.
| Frog Cellsat IPO | Rite Zone Chemcon 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 | ₹75.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1600 shares |
| Fresh Issue Size | 38,71,200 shares | 11,34,400 shares |
| Fresh Issue Size (Amount) | up to ₹39.49 Cr | up to ₹8.51 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 38,71,200 shares | 11,34,400 shares |
| Issue Size Total (Amount) | up to ₹39.49 Cr | up to ₹8.51 Cr |
Frog Cellsat IPO opens on Sep 29, 2022, while Rite Zone Chemcon IPO opens on Oct 31, 2022. The closing date of Frog Cellsat IPO and Rite Zone Chemcon IPO is Oct 04, 2022, and Nov 02, 2022, respectively.
| Frog Cellsat IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| Anchor Bid Date | Sep 28, 2022 | |
| Issue Open | Sep 29, 2022 | Oct 31, 2022 |
| Issue Close | Oct 04, 2022 | Nov 02, 2022 |
| Basis Of Allotment (Tentative) | Oct 10, 2022 | Nov 07, 2022 |
| Initiation of Refunds (Tentative) | Oct 11, 2022 | Nov 09, 2022 |
| Credit of Share (Tentative) | Oct 12, 2022 | Nov 10, 2022 |
| Listing date (Tentative) | Oct 13, 2022 | Nov 11, 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 Rite Zone Chemcon IPO P/E ratio of 90.36.
| Frog Cellsat IPO | Rite Zone Chemcon IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 58.39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.49 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 10.93 | 90.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹156.83 Cr. | ₹31.73 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 5.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 10.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.09 | 0.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2867.53 | ₹1.49 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 20.79 | 5.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Frog Cellsat IPO Retail Individual Investors (RII) are offered 13,56,000 shares while in Rite Zone Chemcon 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 Rite Zone Chemcon IPO.
| Frog Cellsat IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| Anchor Investor Reservation | 11,59,200 shares | |
| Market Maker Reservation | 2,04,000 shares | 60,800 shares |
| QIB | 7,75,200 shares | |
| NII | 5,80,800 shares | 5,66,400 shares |
| RII | 13,56,000 shares | 5,68,000 shares |
| Employee | ||
| Others | ||
| Total | 38,71,200 shares | 11,34,400 shares |
Frog Cellsat IPO subscribed 21.06x in total, whereas Rite Zone Chemcon IPO subscribed 4.73x.
| Frog Cellsat IPO | Rite Zone Chemcon IPO | |
|---|---|---|
| QIB (times) | 5.36x | |
| NII (times) | 70.94x | 2.36x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 22.10x | 7.10x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 21.06x | 4.73x |
