Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

3C IT Solutions IPO vs United Cotfab IPO

Comparison between 3C IT Solutions IPO and United Cotfab IPO.

IPO Details

3C IT Solutions IPO is a SME Fixed Price IPO proposed to list at BSE SME while United Cotfab IPO is a SME Fixed Price proposed to list at BSE SME.

 3C IT Solutions IPOUnited Cotfab IPO
Logo3C IT Solutions IPO LogoUnited Cotfab IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersKreo Capital Pvt.Ltd.Beeline Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Purva Sharegistry (India) Pvt.Ltd.
Market MakerShreni Shares Ltd.Spread X Securities Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of 3C IT Solutions IPO is up to ₹10.86 Cr whereas the issue size of the United Cotfab IPO is up to ₹34.47 Cr. The final issue price of 3C IT Solutions IPO is ₹52.00 per share and of United Cotfab IPO is ₹70.00 per share.

 3C IT Solutions IPOUnited Cotfab IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹52.00 per share₹70.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size15,88,000 shares49,24,000 shares
Fresh Issue Size (Amount)up to ₹8.26 Crup to ₹34.47 Cr
OFS Issue Size5,00,000 shares0 shares
OFS Issue Size (Amount)up to ₹2.60 Crup to ₹0.00 Cr
Issue Size Total20,88,000 shares49,24,000 shares
Issue Size Total (Amount)up to ₹10.86 Crup to ₹34.47 Cr

IPO Timetable

3C IT Solutions IPO opens on Jun 04, 2024, while United Cotfab IPO opens on Jun 13, 2024. The closing date of 3C IT Solutions IPO and United Cotfab IPO is Jun 07, 2024, and Jun 19, 2024, respectively.

 3C IT Solutions IPOUnited Cotfab IPO
Anchor Bid Date
Issue OpenJun 04, 2024Jun 13, 2024
Issue CloseJun 07, 2024Jun 19, 2024
Basis Of Allotment (Tentative)Jun 10, 2024Jun 20, 2024
Initiation of Refunds (Tentative)Jun 11, 2024Jun 21, 2024
Credit of Share (Tentative)Jun 11, 2024Jun 21, 2024
Listing date (Tentative)Jun 12, 2024Jun 24, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

3C IT Solutions IPO P/E ratio is 5.86, as compared to United Cotfab IPO P/E ratio of 9.7.

 3C IT Solutions IPOUnited Cotfab IPO
Financials

3C IT Solutions & Telecoms (India) Limited Financial Information (Restated)

3C IT Solutions & Telecoms (India) Limited's revenue decreased by -5.98% and profit after tax (PAT) rose by 2.45% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,898.432,886.143,465.471,835.90
Total Income2,355.666,293.486,694.114,063.52
Profit After Tax50.52113.62110.9085.93
Net Worth460.26409.73260.65149.75
Reserves and Surplus244.26373.73259.65148.75
Total Borrowing592.431,339.761,040.20398.22
Amount in ₹ Lakhs

United Cotfab Limited Financial Information (Restated)

United Cotfab Limited's revenue increased by 17945.52% and profit after tax (PAT) rose by 6121.46% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets8,168.465,367.711,559.95107.10
Total Income11,552.7464.021.88
Profit After Tax866.6513.931.60-0.11
Net Worth1,356.42993.56681.970.22
Reserves and Surplus188.10
Total Borrowing4,750.933,821.18773.47106.50
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)72.00100.00
Promoter Shareholding (Post-Issue)51.6669.84
P/E Ratio5.869.7
Market Cap₹31.30 Cr.₹120.33 Cr.
ROE72.76%
ROCE26.95%
Debt/Equity3.42
EPS₹8.87₹7.22
RoNW10.98%63.89%

Shares Offered

In the 3C IT Solutions IPO Retail Individual Investors (RII) are offered 10,44,000 shares while in United Cotfab IPO retail investors are offered 10,44,000 shares. Qualified Institutional Buyers (QIB) are offered in 3C IT Solutions IPO and in United Cotfab IPO.

 3C IT Solutions IPOUnited Cotfab IPO
Anchor Investor Reserveration
Market Maker Reserveration1,12,000 shares2,60,000 shares
QIB
NII10,44,000 shares24,62,000 shares
RII10,44,000 shares24,62,000 shares
Employee
Others
Total20,88,000 shares49,24,000 shares

Bids Received (Subscription)

3C IT Solutions IPO subscribed 20.21x in total, whereas United Cotfab IPO subscribed 107.16x.

 3C IT Solutions IPOUnited Cotfab IPO
QIB (times)
NII (times)10.63x114.71x
Big NII (times)
Small NII (times)
RII (times)29.79x77.22x
Employee (times)
Other (times)
Total (times)20.21x107.16x