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.
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.
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 IPO | Vedant Asset IPO |
|---|
| Issue Open | Sep 27, 2022 | Sep 30, 2022 |
| Issue Close | Sep 29, 2022 | Oct 04, 2022 |
| Basis Of Allotment (Tentative) | Oct 04, 2022 | Oct 10, 2022 |
| Initiation of Refunds (Tentative) | Oct 06, 2022 | Oct 11, 2022 |
| Credit of Share (Tentative) | Oct 07, 2022 | Oct 12, 2022 |
| Listing date (Tentative) | Oct 10, 2022 | Oct 12, 2022 |
Financials & KPIs
Cargotrans Maritime IPO P/E ratio is 7.77, as compared to Vedant Asset IPO P/E ratio of 80.
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 IPO | Vedant Asset IPO |
|---|
| Market Maker Reservation | 60,000 shares | 42,000 shares |
| NII | 5,10,000 shares | 3,54,000 shares |
| RII | 5,10,000 shares | 3,54,000 shares |
| Total | 10,20,000 shares | 7,08,000 shares |
Bids Received (Subscription)
Cargotrans Maritime IPO subscribed 148.25x in total, whereas Vedant Asset IPO subscribed 49.07x.
