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Frog Cellsat IPO vs Reetech International Cargo IPO

Comparision between Frog Cellsat IPO and Reetech International Cargo IPO.

IPO Details

Frog Cellsat IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Reetech International Cargo IPO is a SME Fixed Price Issue proposed to list at BSE SME.

  Frog Cellsat IPO Reetech International Cargo IPO
Logo Frog Cellsat IPO Logo Reetech International Cargo IPO Logo
Issue Category SME SME
Issue Type IPO IPO
Process Type Book Built Issue Fixed Price Issue
Listing At NSE SME BSE SME
Lead Managers Sarthi Capital Advisors Private Limited Gretex Corporate Services Limited
Registrar Skyline Financial Services Private Ltd Bigshare Services Pvt Ltd
Market Maker Ss Corporate Securities 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 Frog Cellsat IPO is up to ₹41.57 Cr whereas the issue size of the Reetech International Cargo IPO is up to ₹11.71 Cr. The final issue price of Frog Cellsat IPO is ₹102.00 per share and of Reetech International Cargo IPO is ₹105.00 per share.

  Frog Cellsat IPO Reetech International Cargo IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹97.00 per share
Issue Price (Upper) ₹102.00 per share
Issue Price (Final) ₹102.00 per share ₹105.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 1200 shares 1200 shares
Fresh Issue Size 40,75,200 shares 5,97,600 shares
Fresh Issue Size (Amount) up to ₹41.57 Cr up to ₹6.27 Cr
OFS Issue Size 5,17,200 shares
OFS Issue Size (Amount) up to ₹5.43 Cr
Issue Size Total 40,75,200 shares 11,14,800 shares
Issue Size Total (Amount) up to ₹41.57 Cr up to ₹11.71 Cr

IPO Timetable

Frog Cellsat IPO opens on Sep 29, 2022, while Reetech International Cargo IPO opens on Sep 27, 2022. The closing date of Frog Cellsat IPO and Reetech International Cargo IPO is Oct 04, 2022, and Sep 29, 2022, respectively.

  Frog Cellsat IPO Reetech International Cargo IPO
Anchor Bid Date
Issue Open Sep 29, 2022 Sep 27, 2022
Issue Close Oct 04, 2022 Sep 29, 2022
Basis Of Allotment (Tentative) Oct 10, 2022 Oct 04, 2022
Initiation of Refunds (Tentative) Oct 11, 2022 Oct 06, 2022
Credit of Share (Tentative) Oct 12, 2022 Oct 07, 2022
Listing date (Tentative) Oct 13, 2022 Oct 10, 2022
Anchor Lockin End date 1 Nov 09, 2022 Nov 03, 2022
Anchor Lockin End date 2 Jan 08, 2023 Jan 02, 2023

Financials

Frog Cellsat IPO P/E ratio is 10.93, as compared to Reetech International Cargo IPO P/E ratio of 10.64.

  Frog Cellsat IPO Reetech International Cargo IPO
Financial
Frog Cellsat Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-208728.538850.61139.124531.794526.79
31-Mar-219285.2712939.841425.765957.555952.55
31-Mar-229724.6313529.241433.766896.186891.18
Amount in ₹ Lakhs
Reetech International Cargo and Courier Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20396.1718.9913.98325.06273.21
31-Mar-21877.781842.4130.1365.59313.74
31-Mar-221727.5211689.1417.29801.06749.21
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 99.99% 99.99%
Promoter Shareholding (Post-Issue) 73.49% 73.62%
P/E Ratio 10.93 10.64
Market Cap ₹156.83 Cr. ₹44.39 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Frog Cellsat IPO retail investors (RII) are offered 13,56,000 shares while in Reetech International Cargo IPO retail investors are offered 13,56,000 shares. Qualified institutional buyers (QIB) are offered 19,34,400 shares in Frog Cellsat IPO and in Reetech International Cargo IPO.

  Frog Cellsat IPO Reetech International Cargo IPO
Anchor Investor Reserveration 11,59,200 shares
Market Maker Reserveration 2,04,000 shares 56,400 shares
QIB 19,34,400 shares
NII 5,80,800 shares 5,29,200 shares
RII 13,56,000 shares 5,29,200 shares
Employee
Others
Total 38,71,200 shares 10,58,400 shares

Bids Received (Subscription)

Frog Cellsat IPO subscribed 21.06x in total, whereas Reetech International Cargo IPO subscribed 1.67x.

  Frog Cellsat IPO Reetech International Cargo IPO
QIB (times) 5.36x
NII (times) 70.94x 1.43x
Big NII (times)
Small NII (times)
RII (times) 22.10x 1.92x
Employee (times)
Other (times)
Total (times) 21.06x 1.67x

1 Comments

1. Vijay   I Like It. |Report Abuse|  Link|June 12, 2023 2:04:22 AMReply
Best sme konsa hai