Cello World IPO vs Saraswati Saree Depot IPO

Comparison between Cello World IPO and Saraswati Saree Depot IPO.

IPO Details

Cello World IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Saraswati Saree Depot IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Cello World IPO is up to ₹1,900.00 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of Cello World IPO is ₹648.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.

 Cello World IPOSaraswati Saree Depot IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹617.00 per share₹152.00 per share
Issue Price (Upper)₹648.00 per share₹160.00 per share
Issue Price (Final)₹648.00 per share₹160.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹61.00 per share
Market Lot Size23 shares90 shares
Fresh Issue Size0 shares64,99,800 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹104.00 Cr
OFS Issue Size2,93,37,023 shares35,01,000 shares
OFS Issue Size (Amount)up to ₹1,900.00 Crup to ₹56.02 Cr
Issue Size Total2,93,37,023 shares1,00,00,800 shares
Issue Size Total (Amount)up to ₹1,900.00 Crup to ₹160.01 Cr

IPO Timetable

Cello World IPO opens on Oct 30, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of Cello World IPO and Saraswati Saree Depot IPO is Nov 01, 2023, and Aug 14, 2024, respectively.

 Cello World IPOSaraswati Saree Depot IPO
Anchor Bid DateOct 27, 2023
Issue OpenOct 30, 2023Aug 12, 2024
Issue CloseNov 01, 2023Aug 14, 2024
Basis Of Allotment (Tentative)Nov 02, 2023Aug 16, 2024
Initiation of Refunds (Tentative)Nov 02, 2023Aug 19, 2024
Credit of Share (Tentative)Nov 03, 2023Aug 19, 2024
Listing date (Tentative)Nov 06, 2023Aug 20, 2024
Anchor Lockin End date 1Dec 02, 2023
Anchor Lockin End date 2Jan 31, 2024

Financials & KPIs

Cello World IPO P/E ratio is , as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.

 Cello World IPOSaraswati Saree Depot IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,686.051,551.691,333.661,146.51
Total Income479.881,813.441,375.111,059.58
Profit After Tax82.83285.07219.52165.55
NET Worth1,226.56665.73444.04289.59
Reserves and Surplus149.61238.7587.26-107.04
Total Borrowing328.64335.11462.91334.07
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets205.94188.85169.93
Total Income612.58603.52550.31
Profit After Tax29.5322.9712.31
NET Worth64.9135.3812.41
Total Borrowing43.4941.4366.62
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)91.8100
Promoter Shareholding (Post-Issue)78.0674.75
P/E Ratio17.94
Market Cap₹13752.57 Cr.₹633.60 Cr.
ROE39.9%58.88
ROCE44.48%64.46
Debt/Equity0.620.67
EPS₹13.65₹8.92
RoNW23.17%45.49

Shares Offered

In the Cello World IPO Retail Individual Investors (RII) are offered 1,02,08,334 shares while in Saraswati Saree Depot 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 50,00,400 shares in Saraswati Saree Depot IPO.

 Cello World IPOSaraswati Saree Depot IPO
Anchor Investor Reservation87,49,999 shares
Market Maker Reservation
QIB58,33,333 shares50,00,400 shares
NII43,75,000 shares15,00,120 shares
RII1,02,08,334 shares35,00,280 shares
Employee1,70,357 shares
Others
Total2,93,37,023 shares1,00,00,800 shares

Bids Received (Subscription)

Cello World IPO subscribed 41.69x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.

 Cello World IPOSaraswati Saree Depot IPO
QIB (times)122.20x64.12x
NII (times)25.65x358.47x
Big NII (times)30.02x389.28x
Small NII (times)16.91x296.85x
RII (times)3.21x61.59x
Employee (times)2.74x
Other (times)
Total (times)41.69x107.39x

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