CFF Fluid Control IPO vs Sonalis Consumer Products IPO

Comparision between CFF Fluid Control IPO and Sonalis Consumer Products IPO.

IPO Details

CFF Fluid Control IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Sonalis Consumer Products IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	CFF Fluid Control IPO	Sonalis Consumer Products IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Aryaman Financial Services Limited	Expert Global Consultants Private Limited
Registrar	Cameo Corporate Services Limited	Purva Sharegistry India Pvt Ltd
Market Maker	Aryaman Capital Markets Limited	Beeline Broking Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
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 Sonalis Consumer Products IPO is up to ₹2.83 Cr. The final issue price of CFF Fluid Control IPO is ₹165.00 per share and of Sonalis Consumer Products IPO is ₹30.00 per share.

	CFF Fluid Control IPO	Sonalis Consumer Products IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹165.00 per share	₹30.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	4000 shares
Fresh Issue Size	52,00,000 shares	9,44,000 shares
Fresh Issue Size (Amount)	up to ₹85.80 Cr	up to ₹2.83 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	52,00,000 shares	9,44,000 shares
Issue Size Total (Amount)	up to ₹85.80 Cr	up to ₹2.83 Cr

IPO Timetable

CFF Fluid Control IPO opens on May 30, 2023, while Sonalis Consumer Products IPO opens on Jun 07, 2023. The closing date of CFF Fluid Control IPO and Sonalis Consumer Products IPO is Jun 02, 2023, and Jun 09, 2023, respectively.

	CFF Fluid Control IPO	Sonalis Consumer Products IPO
Anchor Bid Date
Issue Open	May 30, 2023	Jun 07, 2023
Issue Close	Jun 02, 2023	Jun 09, 2023
Basis Of Allotment (Tentative)	Jun 07, 2023	Jun 14, 2023
Initiation of Refunds (Tentative)	Jun 08, 2023	Jun 15, 2023
Credit of Share (Tentative)	Jun 09, 2023	Jun 16, 2023
Listing date (Tentative)	Jun 12, 2023	Jun 19, 2023
Anchor Lockin End date 1	Jul 07, 2023	Jul 14, 2023
Anchor Lockin End date 2	Sep 05, 2023	Sep 12, 2023

Financials

CFF Fluid Control IPO P/E ratio is 30.22, as compared to Sonalis Consumer Products IPO P/E ratio of 6.56.

CFF Fluid Control IPO

Sonalis Consumer Products 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

Sonalis Consumer Products Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Dec-22	649.77	420.47	68.45	349.21	243.71	5.41
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

73.12%

Promoter Shareholding (Post-Issue)

73.30%

38.59%

P/E Ratio

30.22

6.56

Market Cap

₹321.32 Cr.

ROE

0.52%%

ROCE

0.31%%

Debt/Equity

1.22

EPS

₹5.46

₹10.08

RoNW

52.56%%

19.60%%

Shares Offered

In the CFF Fluid Control IPO retail investors (RII) are offered 23,39,200 shares while in Sonalis Consumer Products IPO retail investors are offered 23,39,200 shares. Qualified institutional buyers (QIB) are offered 0 shares in CFF Fluid Control IPO and 0 shares in Sonalis Consumer Products IPO.

	CFF Fluid Control IPO	Sonalis Consumer Products IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,60,800 shares	52,000 shares
QIB	0 shares	0 shares
NII	23,39,200 shares	4,44,000 shares
RII	23,39,200 shares	4,48,000 shares
Employee	0 shares	0 shares
Others
Total	46,78,400 shares	8,92,000 shares

Bids Received (Subscription)

CFF Fluid Control IPO subscribed 2.21x in total, whereas Sonalis Consumer Products IPO subscribed 43.48x.

	CFF Fluid Control IPO	Sonalis Consumer Products IPO
QIB (times)
NII (times)	2.75x	38.41x
Big NII (times)
Small NII (times)
RII (times)	1.67x	48.31x
Employee (times)
Other (times)
Total (times)	2.21x	43.48x

Compare with others

CFF Fluid Control IPO	Sonalis Consumer Products IPO
Urban Enviro Waste Management IPO	Vilin Bio Med IPO
Cosmic CRF IPO	Cell Point (India) IPO
Sonalis Consumer Products IPO	Bizotic Commercial IPO
Kore Digital IPO	Urban Enviro Waste Management IPO
Sahana System IPO	Cosmic CRF IPO
Comrade Appliances IPO	Kore Digital IPO
Infollion Research Services IPO	Sahana System IPO
Proventus Agrocom IPO	CFF Fluid Control IPO
Hemant Surgical Industries IPO	Comrade Appliances IPO
Vasa Denticity IPO	Infollion Research Services IPO

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