Cello World Limited IPO vs IRM Energy IPO

Comparision between Cello World Limited IPO and IRM Energy IPO.

IPO Details

Cello World Limited IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while IRM Energy IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Cello World Limited IPO	IRM Energy IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Kotak Mahindra Capital Company Limited ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited Motilal Oswal Investment Advisors Limited	Hdfc Bank Limited Bob Capital Markets Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Cello World Limited IPO is up to ₹1,900.00 Cr whereas the issue size of the IRM Energy IPO is up to ₹545.40 Cr. The final issue price of Cello World Limited IPO is ₹648.00 per share and of IRM Energy IPO is ₹505.00 per share.

	Cello World Limited IPO	IRM Energy IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹617.00 per share	₹480.00 per share
Issue Price (Upper)	₹648.00 per share	₹505.00 per share
Issue Price (Final)	₹648.00 per share	₹505.00 per share
Discount (Retail)
Discount (Employee)	₹61.00 per share	₹48.00 per share
Market Lot Size	23 shares	29 shares
Fresh Issue Size		1,08,00,000 shares
Fresh Issue Size (Amount)		up to ₹545.40 Cr
OFS Issue Size	2,93,20,987 shares
OFS Issue Size (Amount)	up to ₹1,900.00 Cr
Issue Size Total	2,93,20,987 shares	1,08,00,000 shares
Issue Size Total (Amount)	up to ₹1,900.00 Cr	up to ₹545.40 Cr

IPO Timetable

Cello World Limited IPO opens on Oct 30, 2023, while IRM Energy IPO opens on Oct 18, 2023. The closing date of Cello World Limited IPO and IRM Energy IPO is Nov 01, 2023, and Oct 20, 2023, respectively.

	Cello World Limited IPO	IRM Energy IPO
Anchor Bid Date	Oct 27, 2023	Oct 17, 2023
Issue Open	Oct 30, 2023	Oct 18, 2023
Issue Close	Nov 01, 2023	Oct 20, 2023
Basis Of Allotment (Tentative)	Nov 02, 2023	Oct 27, 2023
Initiation of Refunds (Tentative)	Nov 02, 2023	Oct 27, 2023
Credit of Share (Tentative)	Nov 03, 2023	Oct 30, 2023
Listing date (Tentative)	Nov 06, 2023	Oct 26, 2023
Anchor Lockin End date 1	Dec 02, 2023	Nov 26, 2023
Anchor Lockin End date 2	Jan 31, 2024	Jan 25, 2024

Financials

Cello World Limited IPO P/E ratio is , as compared to IRM Energy IPO P/E ratio of 24.13.

Cello World Limited IPO

IRM Energy IPO

Financial

Cello World Limited Financial Information (Restated Consolidated)

Cello World Limited's revenue increased by 31.88% and profit after tax (PAT) rose by 29.86% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	1,686.05	1,551.69	1,333.66	1,146.51
Revenue	479.88	1,813.44	1,375.11	1,059.58
Profit After Tax	82.83	285.07	219.52	165.55
Net Worth	1,226.56	665.73	444.04	289.59
Reserves and Surplus	149.61	238.75	87.26	-107.04
Total Borrowing	328.64	335.11	462.91	334.07
Amount in ₹ Crore

IRM Energy Limited Financial Information (Restated Consolidated)

IRM Energy Limited's revenue increased by 90.3% and profit after tax (PAT) dropped by -50.69% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021	31 Mar 2020
Assets	838.21	792.90	554.80	338.11	267.16
Revenue	248.63	1,045.10	549.19	212.54	166.13
Profit After Tax	26.91	63.14	128.03	34.89	21.07
Net Worth	373.33	346.42	243.72	117.60	74.74
Reserves and Surplus			193.30	67.57	30.31
Total Borrowing	321.24	303.83	202.59	163.35	146.74
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.8%

67.94%

Promoter Shareholding (Post-Issue)

78.06

P/E Ratio

24.13

Market Cap

₹13752.57 Cr.

₹2073.51 Cr.

ROE

39.9%%

18.23%%

ROCE

44.48%%

14.19%%

Debt/Equity

0.62

0.93

EPS

₹13.65

₹20.93

RoNW

23.17%%

18.23%%

Shares Offered

In the Cello World Limited IPO retail investors (RII) are offered 1,02,08,333 shares while in IRM Energy IPO retail investors are offered 1,02,08,333 shares. Qualified institutional buyers (QIB) are offered 58,33,334 shares in Cello World Limited IPO and 21,16,800 shares in IRM Energy IPO.

	Cello World Limited IPO	IRM Energy IPO
Anchor Investor Reserveration	87,49,999 shares	31,75,200 shares
Market Maker Reserveration
QIB	58,33,334 shares	21,16,800 shares
NII	43,75,000 shares	15,87,600 shares
RII	1,02,08,333 shares	37,04,400 shares
Employee	1,70,357 shares	2,16,000 shares
Others
Total	2,05,87,024 shares	76,24,800 shares

Bids Received (Subscription)

Cello World Limited IPO subscribed 41.69x in total, whereas IRM Energy IPO subscribed 27.05x.

	Cello World Limited IPO	IRM Energy IPO
QIB (times)	122.20x	44.73x
NII (times)	25.65x	48.34x
Big NII (times)	30.02x	52.29x
Small NII (times)	16.91x	40.46x
RII (times)	3.21x	9.29x
Employee (times)	2.74x	2.05x
Other (times)
Total (times)	41.69x	27.05x

Compare with others

Cello World Limited IPO	IRM Energy IPO
IREDA IPO	ESAF Small Finance Bank IPO
Fedbank Financial Services IPO	Cello World Limited IPO
Gandhar Oil Refinery India IPO	Mamaearth IPO
ASK Automotive IPO	Blue Jet Healthcare IPO
ESAF Small Finance Bank IPO	Protean eGov Technologies IPO
Mamaearth IPO	Saraswati Saree Depot IPO
Blue Jet Healthcare IPO	Plaza Wires IPO
Protean eGov Technologies IPO	Updater Services IPO
IRM Energy IPO	Valiant Laboratories IPO
Saraswati Saree Depot IPO	Manoj Vaibhav Gems 'N' Jewellers IPO

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