Cell Point (India) IPO vs Pentagon Rubber IPO

Comparision between Cell Point (India) IPO and Pentagon Rubber IPO.

IPO Details

Cell Point (India) IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Pentagon Rubber IPO is a SME Book Built Issue proposed to list at NSE SME.

	Cell Point (India) IPO	Pentagon Rubber IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	First Overseas Capital Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
Market Maker	Nnm Securities Private Limited	Sunflower Broking 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 Cell Point (India) IPO is up to ₹50.34 Cr whereas the issue size of the Pentagon Rubber IPO is up to ₹16.17 Cr. The final issue price of Cell Point (India) IPO is ₹100.00 per share and of Pentagon Rubber IPO is ₹70.00 per share.

	Cell Point (India) IPO	Pentagon Rubber IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹65.00 per share
Issue Price (Upper)		₹70.00 per share
Issue Price (Final)	₹100.00 per share	₹70.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	2000 shares
Fresh Issue Size	50,34,000 shares	23,10,000 shares
Fresh Issue Size (Amount)	up to ₹50.34 Cr	up to ₹16.17 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	50,34,000 shares	23,10,000 shares
Issue Size Total (Amount)	up to ₹50.34 Cr	up to ₹16.17 Cr

IPO Timetable

Cell Point (India) IPO opens on Jun 15, 2023, while Pentagon Rubber IPO opens on Jun 26, 2023. The closing date of Cell Point (India) IPO and Pentagon Rubber IPO is Jun 20, 2023, and Jun 30, 2023, respectively.

	Cell Point (India) IPO	Pentagon Rubber IPO
Anchor Bid Date		Jun 23, 2023
Issue Open	Jun 15, 2023	Jun 26, 2023
Issue Close	Jun 20, 2023	Jun 30, 2023
Basis Of Allotment (Tentative)	Jun 23, 2023	Jul 05, 2023
Initiation of Refunds (Tentative)	Jun 26, 2023	Jul 06, 2023
Credit of Share (Tentative)	Jun 27, 2023	Jul 07, 2023
Listing date (Tentative)	Jun 28, 2023	Jul 07, 2023
Anchor Lockin End date 1	Jul 23, 2023	Aug 04, 2023
Anchor Lockin End date 2	Sep 21, 2023	Oct 03, 2023

Financials

Cell Point (India) IPO P/E ratio is 24.1, as compared to Pentagon Rubber IPO P/E ratio of 18.76.

Cell Point (India) IPO

Pentagon Rubber IPO

Financial

Cell Point (India) Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	5,585.12	27,811.89	159.97	1,102.20	988.44
31-Mar-21	6,530.63	22,356.02	69.11	1,171.31	1,057.55
31-Mar-22	8,270.46	27,004.43	164.63	1,335.94	1,222.18
31-Dec-22	9,064.19	22,167.60	580.96	1,916.94	551.78
Amount in ₹ Lakhs

Pentagon Rubber Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,132.82	1,939.25	93.81	135.48	-264.52	1,244.86
31-Mar-21	2,588.99	2,319.69	110.30	245.78	-154.22	1,649.42
31-Mar-22	2,802.18	3,511.59	308.66	554.43	154.43	1,758.61
31-Dec-22	2,956.70	2,997.88	215.86	770.30	230.30	1,669.79
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

100%

Promoter Shareholding (Post-Issue)

73.06%

70.04%

P/E Ratio

24.1

18.76

Market Cap

₹186.86 Cr.

₹53.97 Cr.

ROE

32.59%%

ROCE

27.16%%

Debt/Equity

2.17

EPS

₹11.60

₹3.83

RoNW

10.55%%

55.67%%

Shares Offered

In the Cell Point (India) IPO retail investors (RII) are offered 23,91,000 shares while in Pentagon Rubber IPO retail investors are offered 23,91,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Cell Point (India) IPO and 4,38,000 shares in Pentagon Rubber IPO.

	Cell Point (India) IPO	Pentagon Rubber IPO
Anchor Investor Reserveration		6,56,000 shares
Market Maker Reserveration	2,52,000 shares	1,16,000 shares
QIB	0 shares	4,38,000 shares
NII	23,91,000 shares	3,30,000 shares
RII	23,91,000 shares	7,70,000 shares
Employee	0 shares	0 shares
Others
Total	47,82,000 shares	15,38,000 shares

Bids Received (Subscription)

Cell Point (India) IPO subscribed 6.03x in total, whereas Pentagon Rubber IPO subscribed 106.20x.

	Cell Point (India) IPO	Pentagon Rubber IPO
QIB (times)		27.62x
NII (times)	4.11x	153.33x
Big NII (times)
Small NII (times)
RII (times)	7.92x	130.70x
Employee (times)
Other (times)
Total (times)	6.03x	106.20x

Compare with others

Cell Point (India) IPO	Pentagon Rubber IPO
Pentagon Rubber IPO	Global Pet Industries IPO
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Vilin Bio Med IPO	Veefin Solutions IPO
Bizotic Commercial IPO	Kaka Industries IPO
Urban Enviro Waste Management IPO	Aatmaj Healthcare IPO
Cosmic CRF IPO	Essen Speciality Films IPO
Sonalis Consumer Products IPO	Vilin Bio Med IPO
Kore Digital IPO	Cell Point (India) IPO

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