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

Cargosol Logistics IPO vs Vedant Asset IPO

Comparison between Cargosol Logistics IPO and Vedant Asset IPO.

IPO Details

Cargosol Logistics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Vedant Asset IPO is a SME Fixed Price proposed to list at BSE SME.

 Cargosol Logistics IPOVedant Asset IPO
LogoCargosol Logistics IPO LogoVedant Asset IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Hem Securities Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Finlease Pvt.Ltd.Hem Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Cargosol Logistics IPO is up to ₹7.17 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Cargosol Logistics IPO is ₹28.00 per share and of Vedant Asset IPO is ₹40.00 per share.

 Cargosol Logistics IPOVedant Asset IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹28.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size4000 shares3000 shares
Fresh Issue Size25,60,000 shares7,08,000 shares
Fresh Issue Size (Amount)up to ₹7.17 Crup to ₹2.83 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,60,000 shares7,08,000 shares
Issue Size Total (Amount)up to ₹7.17 Crup to ₹2.83 Cr

IPO Timetable

Cargosol Logistics IPO opens on Sep 28, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Cargosol Logistics IPO and Vedant Asset IPO is Sep 30, 2022, and Oct 04, 2022, respectively.

 Cargosol Logistics IPOVedant Asset IPO
Anchor Bid Date
Issue OpenSep 28, 2022Sep 30, 2022
Issue CloseSep 30, 2022Oct 04, 2022
Basis Of Allotment (Tentative)Oct 06, 2022Oct 10, 2022
Initiation of Refunds (Tentative)Oct 07, 2022Oct 11, 2022
Credit of Share (Tentative)Oct 10, 2022Oct 12, 2022
Listing date (Tentative)Oct 10, 2022Oct 12, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Cargosol Logistics IPO P/E ratio is 5.15, as compared to Vedant Asset IPO P/E ratio of 80.

 Cargosol Logistics IPOVedant Asset IPO
Financials
Cargosol Logistics Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-192689.25590.79101.88656.57606.57
31-Mar-202971.676412.92120.14782.46682.46
31-Mar-214107.5110359.99176.14978.96728.96
31-Mar-225782.3420072.25553.761599.82849.82
Amount in ₹ Lakhs
Vedant Asset Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-2083.1361.233.45.384.3874.32
31-Mar-21239.16113.478.68214.2213.0617.4
31-Mar-22254.63167.2313.81228.0326.870
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)10099.99
Promoter Shareholding (Post-Issue)73.5272.83
P/E Ratio5.1580
Market Cap₹28.56 Cr.₹11.05 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Cargosol Logistics IPO Retail Individual Investors (RII) are offered 12,80,000 shares while in Vedant Asset IPO retail investors are offered 12,80,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargosol Logistics IPO and in Vedant Asset IPO.

 Cargosol Logistics IPOVedant Asset IPO
Anchor Investor Reserveration
Market Maker Reserveration1,40,000 shares42,000 shares
QIB
NII12,80,000 shares3,54,000 shares
RII12,80,000 shares3,54,000 shares
Employee
Others
Total25,60,000 shares7,08,000 shares

Bids Received (Subscription)

Cargosol Logistics IPO subscribed 55.43x in total, whereas Vedant Asset IPO subscribed 49.07x.

 Cargosol Logistics IPOVedant Asset IPO
QIB (times)
NII (times)84.61x42.98x
Big NII (times)
Small NII (times)
RII (times)26.26x55.16x
Employee (times)
Other (times)
Total (times)55.43x49.07x