CFF Fluid Control IPO vs Hemant Surgical Industries IPO

Comparision between CFF Fluid Control IPO and Hemant Surgical Industries IPO.

IPO Details

CFF Fluid Control IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Hemant Surgical Industries IPO is a SME Book Built Issue proposed to list at BSE SME.

	CFF Fluid Control IPO	Hemant Surgical Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Hem Securities Limited
Registrar	Cameo Corporate Services Limited	Bigshare Services Pvt Ltd
Market Maker	Aryaman Capital Markets Limited	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of CFF Fluid Control IPO is up to ₹85.80 Cr whereas the issue size of the Hemant Surgical Industries IPO is up to ₹24.84 Cr. The final issue price of CFF Fluid Control IPO is ₹165.00 per share and of Hemant Surgical Industries IPO is ₹90.00 per share.

	CFF Fluid Control IPO	Hemant Surgical Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹85.00 per share
Issue Price (Upper)		₹90.00 per share
Issue Price (Final)	₹165.00 per share	₹90.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1600 shares
Fresh Issue Size	52,00,000 shares	27,60,000 shares
Fresh Issue Size (Amount)	up to ₹85.80 Cr	up to ₹24.84 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	52,00,000 shares	27,60,000 shares
Issue Size Total (Amount)	up to ₹85.80 Cr	up to ₹24.84 Cr

IPO Timetable

CFF Fluid Control IPO opens on May 30, 2023, while Hemant Surgical Industries IPO opens on May 24, 2023. The closing date of CFF Fluid Control IPO and Hemant Surgical Industries IPO is Jun 02, 2023, and May 26, 2023, respectively.

	CFF Fluid Control IPO	Hemant Surgical Industries IPO
Anchor Bid Date		May 23, 2023
Issue Open	May 30, 2023	May 24, 2023
Issue Close	Jun 02, 2023	May 26, 2023
Basis Of Allotment (Tentative)	Jun 07, 2023	May 31, 2023
Initiation of Refunds (Tentative)	Jun 08, 2023	Jun 01, 2023
Credit of Share (Tentative)	Jun 09, 2023	Jun 02, 2023
Listing date (Tentative)	Jun 12, 2023	Jun 05, 2023
Anchor Lockin End date 1	Jul 07, 2023	Jun 30, 2023
Anchor Lockin End date 2	Sep 05, 2023	Aug 29, 2023

Financials

CFF Fluid Control IPO P/E ratio is 30.22, as compared to Hemant Surgical Industries IPO P/E ratio of 12.28.

CFF Fluid Control IPO

Hemant Surgical Industries IPO

Financial

CFF Fluid Control Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	4,310.42	3,196.48	132.99	679.11	607.74	1,433.03
31-Mar-21	4,232.32	1,481.27	24.60	703.71	632.34	2,261.21
31-Mar-22	5,593.59	4,712.39	779.51	1,483.22	1,411.85	1,659.17
31-Dec-22	7,165.57	5,085.37	718.11	2,201.33	773.92	2,693.09
Amount in ₹ Lakhs

Hemant Surgical Industries Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	4,289.84	6,065.19	114.53	836.61	653.38	1,446.35
31-Mar-22	5,437.59	10,577.02	461.40	1,298.01	1,114.78	973.80
31-Mar-23	6,490.79	11,149.68	765.11	2,359.90	1,591.90	711.92
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

100.00%

Promoter Shareholding (Post-Issue)

73.30%

73.56%

P/E Ratio

30.22

12.28

Market Cap

₹321.32 Cr.

₹93.96 Cr.

ROE

0.52%%

32.42%%

ROCE

0.31%%

37.98%%

Debt/Equity

1.22

0.3

EPS

₹5.46

₹10.26

RoNW

52.56%%

32.42%%

Shares Offered

In the CFF Fluid Control IPO retail investors (RII) are offered 23,39,200 shares while in Hemant Surgical Industries IPO retail investors are offered 23,39,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in CFF Fluid Control IPO and 5,23,200 shares in Hemant Surgical Industries IPO.

	CFF Fluid Control IPO	Hemant Surgical Industries IPO
Anchor Investor Reserveration		7,82,400 shares
Market Maker Reserveration	2,60,800 shares	1,44,000 shares
QIB	0 shares	5,23,200 shares
NII	23,39,200 shares	3,93,600 shares
RII	23,39,200 shares	9,16,800 shares
Employee	0 shares	0 shares
Others
Total	46,78,400 shares	18,33,600 shares

Bids Received (Subscription)

CFF Fluid Control IPO subscribed 2.21x in total, whereas Hemant Surgical Industries IPO subscribed 150.59x.

	CFF Fluid Control IPO	Hemant Surgical Industries IPO
QIB (times)		41.05x
NII (times)	2.75x	277.26x
Big NII (times)
Small NII (times)
RII (times)	1.67x	158.73x
Employee (times)
Other (times)
Total (times)	2.21x	150.59x

Compare with others

CFF Fluid Control IPO	Hemant Surgical Industries IPO
Urban Enviro Waste Management IPO	Sahana System IPO
Cosmic CRF IPO	CFF Fluid Control IPO
Sonalis Consumer Products IPO	Comrade Appliances IPO
Kore Digital IPO	Infollion Research Services IPO
Sahana System IPO	Proventus Agrocom IPO
Comrade Appliances IPO	Vasa Denticity IPO
Infollion Research Services IPO	Spectrum Talent Management IPO
Proventus Agrocom IPO	Crayons Advertising IPO
Hemant Surgical Industries IPO	Remus Pharmaceuticals IPO
Vasa Denticity IPO	Auro Impex & Chemicals IPO

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