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Cargotrans Maritime IPO vs Vedant Asset IPO

Comparison between Cargotrans Maritime IPO and Vedant Asset IPO.

IPO Details

Cargotrans Maritime 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.

 Cargotrans Maritime IPOVedant Asset IPO
LogoCargotrans Maritime IPO LogoVedant Asset IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Hem Securities Ltd.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Market MakerHem Securities 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 Cargotrans Maritime IPO is up to ₹4.59 Cr whereas the issue size of the Vedant Asset IPO is up to ₹2.83 Cr. The final issue price of Cargotrans Maritime IPO is ₹45.00 per share and of Vedant Asset IPO is ₹40.00 per share.

 Cargotrans Maritime IPOVedant Asset IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹45.00 per share₹40.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares3000 shares
Fresh Issue Size10,20,000 shares7,08,000 shares
Fresh Issue Size (Amount)up to ₹4.59 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 Total10,20,000 shares7,08,000 shares
Issue Size Total (Amount)up to ₹4.59 Crup to ₹2.83 Cr

IPO Timetable

Cargotrans Maritime IPO opens on Sep 27, 2022, while Vedant Asset IPO opens on Sep 30, 2022. The closing date of Cargotrans Maritime IPO and Vedant Asset IPO is Sep 29, 2022, and Oct 04, 2022, respectively.

 Cargotrans Maritime IPOVedant Asset IPO
Anchor Bid Date
Issue OpenSep 27, 2022Sep 30, 2022
Issue CloseSep 29, 2022Oct 04, 2022
Basis Of Allotment (Tentative)Oct 04, 2022Oct 10, 2022
Initiation of Refunds (Tentative)Oct 06, 2022Oct 11, 2022
Credit of Share (Tentative)Oct 07, 2022Oct 12, 2022
Listing date (Tentative)Oct 10, 2022Oct 12, 2022
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Cargotrans Maritime IPO P/E ratio is 7.77, as compared to Vedant Asset IPO P/E ratio of 80.

 Cargotrans Maritime IPOVedant Asset IPO
Financials
Cargotrans Maritime Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20592.682058.4327.56181121
31-Mar-211071.374941.1115.01296.01236.01
31-Mar-221157.438959.92236.28532.29472.29
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)73.5372.83
P/E Ratio7.7780
Market Cap₹18.36 Cr.₹11.05 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Cargotrans Maritime IPO Retail Individual Investors (RII) are offered 5,10,000 shares while in Vedant Asset IPO retail investors are offered 5,10,000 shares. Qualified Institutional Buyers (QIB) are offered in Cargotrans Maritime IPO and in Vedant Asset IPO.

 Cargotrans Maritime IPOVedant Asset IPO
Anchor Investor Reserveration
Market Maker Reserveration60,000 shares42,000 shares
QIB
NII5,10,000 shares3,54,000 shares
RII5,10,000 shares3,54,000 shares
Employee
Others
Total10,20,000 shares7,08,000 shares

Bids Received (Subscription)

Cargotrans Maritime IPO subscribed 148.25x in total, whereas Vedant Asset IPO subscribed 49.07x.

 Cargotrans Maritime IPOVedant Asset IPO
QIB (times)
NII (times)129.63x42.98x
Big NII (times)
Small NII (times)
RII (times)166.86x55.16x
Employee (times)
Other (times)
Total (times)148.25x49.07x