AB Cotspin IPO vs Timescan Logistics IPO

Comparison between AB Cotspin IPO and Timescan Logistics IPO.

IPO Details

AB Cotspin IPO is a SME Fixed Price IPO proposed to list at NSE SME while Timescan Logistics IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of AB Cotspin IPO is up to ₹9.58 Cr whereas the issue size of the Timescan Logistics IPO is up to ₹4.57 Cr. The final issue price of AB Cotspin IPO is ₹35.00 per share and of Timescan Logistics IPO is ₹51.00 per share.

 AB Cotspin IPOTimescan Logistics IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹33.00 per share
Issue Price (Upper)₹35.00 per share
Issue Price (Final)₹35.00 per share₹51.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size4000 shares2000 shares
Fresh Issue Size27,36,000 shares8,96,000 shares
Fresh Issue Size (Amount)up to ₹9.58 Crup to ₹4.57 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,36,000 shares8,96,000 shares
Issue Size Total (Amount)up to ₹9.58 Crup to ₹4.57 Cr

IPO Timetable

AB Cotspin IPO opens on Dec 30, 2021, while Timescan Logistics IPO opens on Dec 31, 2021. The closing date of AB Cotspin IPO and Timescan Logistics IPO is Jan 03, 2022, and Jan 04, 2022, respectively.

 AB Cotspin IPOTimescan Logistics IPO
Issue OpenDec 30, 2021Dec 31, 2021
Issue CloseJan 03, 2022Jan 04, 2022
Basis Of Allotment (Tentative)Jan 06, 2022Jan 07, 2022
Initiation of Refunds (Tentative)Jan 07, 2022Jan 10, 2022
Credit of Share (Tentative)Jan 10, 2022Jan 11, 2022
Listing date (Tentative)Jan 11, 2022Jan 12, 2022

Financials & KPIs

AB Cotspin IPO P/E ratio is 2.71, as compared to Timescan Logistics IPO P/E ratio of 10.87.

 AB Cotspin IPOTimescan Logistics IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets71.8463.7052.7655.05
Total Income30.53115.5794.28121.06
Profit After Tax3.323.880.761.33
EBITDA5.7410.105.677.61
NET Worth25.2221.8317.9517.21
Reserves and Surplus17.6219.1715.2914.55
Total Borrowing38.7636.0829.1133.93
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets31.2230.4514.8313.97
Total Income27.2499.7665.1063.93
Profit After Tax0.411.250.800.83
EBITDA0.812.241.441.33
NET Worth5.985.574.333.55
Reserves and Surplus5.935.524.283.50
Total Borrowing1.011.640.360.45
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)48.5%99.94%
Promoter Shareholding (Post-Issue)34.91%72.94%
P/E Ratio2.7110.87
Market Cap₹36.02 Cr.₹17.82 Cr.

Shares Offered

In the AB Cotspin IPO Retail Individual Investors (RII) are offered 13,68,000 shares while in Timescan Logistics IPO retail investors are offered 13,68,000 shares. Qualified Institutional Buyers (QIB) are offered in AB Cotspin IPO and in Timescan Logistics IPO.

 AB Cotspin IPOTimescan Logistics IPO
Market Maker Reservation1,48,000 shares48,000 shares
NII13,68,000 shares4,48,000 shares
RII13,68,000 shares4,48,000 shares
Total27,36,000 shares8,96,000 shares

Bids Received (Subscription)

AB Cotspin IPO subscribed 13.46x in total, whereas Timescan Logistics IPO subscribed 115.86x.

 AB Cotspin IPOTimescan Logistics IPO
NII (times)9.45x141.38x
RII (times)17.47x90.34x
Total (times)13.46x115.86x

Compare with others

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AB Cotspin IPO Vs Timescan Logistics IPO