Cello World Limited IPO vs Saraswati Saree Depot IPO

Comparision between Cello World Limited IPO and Saraswati Saree Depot IPO.

IPO Details

Cello World Limited IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Saraswati Saree Depot IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Cello World Limited IPO	Saraswati Saree Depot 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	Unistone Capital Pvt Ltd
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
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 Cello World Limited IPO is up to ₹1,900.00 Cr whereas the issue size of the Saraswati Saree Depot IPO is up to ₹160.01 Cr. The final issue price of Cello World Limited IPO is ₹648.00 per share and of Saraswati Saree Depot IPO is ₹160.00 per share.

	Cello World Limited IPO	Saraswati Saree Depot IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹617.00 per share	₹152.00 per share
Issue Price (Upper)	₹648.00 per share	₹160.00 per share
Issue Price (Final)	₹648.00 per share	₹160.00 per share
Discount (Retail)
Discount (Employee)	₹61.00 per share
Market Lot Size	23 shares	90 shares
Fresh Issue Size		64,99,800 shares
Fresh Issue Size (Amount)		up to ₹104.00 Cr
OFS Issue Size	2,93,20,987 shares	35,01,000 shares
OFS Issue Size (Amount)	up to ₹1,900.00 Cr	up to ₹56.02 Cr
Issue Size Total	2,93,20,987 shares	1,00,00,800 shares
Issue Size Total (Amount)	up to ₹1,900.00 Cr	up to ₹160.01 Cr

IPO Timetable

Cello World Limited IPO opens on Oct 30, 2023, while Saraswati Saree Depot IPO opens on Aug 12, 2024. The closing date of Cello World Limited IPO and Saraswati Saree Depot IPO is Nov 01, 2023, and Aug 14, 2024, respectively.

	Cello World Limited IPO	Saraswati Saree Depot IPO
Anchor Bid Date	Oct 27, 2023	Aug 09, 2024
Issue Open	Oct 30, 2023	Aug 12, 2024
Issue Close	Nov 01, 2023	Aug 14, 2024
Basis Of Allotment (Tentative)	Nov 02, 2023	Aug 16, 2024
Initiation of Refunds (Tentative)	Nov 02, 2023	Aug 19, 2024
Credit of Share (Tentative)	Nov 03, 2023	Aug 19, 2024
Listing date (Tentative)	Nov 06, 2023	Aug 20, 2024
Anchor Lockin End date 1	Dec 02, 2023	Sep 15, 2024
Anchor Lockin End date 2	Jan 31, 2024	Nov 14, 2024

Financials

Cello World Limited IPO P/E ratio is , as compared to Saraswati Saree Depot IPO P/E ratio of 17.94.

Cello World Limited IPO

Saraswati Saree Depot 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

Saraswati Saree Depot Limited Financial Information (Restated Consolidated)

Saraswati Saree Depot Limited's revenue increased by 2% and profit after tax (PAT) rose by 29% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	205.94	188.85	169.93
Revenue	612.58	603.52	550.31
Profit After Tax	29.53	22.97	12.31
Net Worth	64.91	35.38	12.41
Total Borrowing	43.49	41.43	66.62
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.8%

100%

Promoter Shareholding (Post-Issue)

78.06

74.75%

P/E Ratio

17.94

Market Cap

₹13752.57 Cr.

₹633.60 Cr.

ROE

39.9%%

58.88%

ROCE

44.48%%

64.46%

Debt/Equity

0.62

0.67

EPS

₹13.65

₹8.92

RoNW

23.17%%

45.49%

Shares Offered

In the Cello World Limited IPO retail investors (RII) are offered 1,02,08,333 shares while in Saraswati Saree Depot 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 50,00,400 shares in Saraswati Saree Depot IPO.

	Cello World Limited IPO	Saraswati Saree Depot IPO
Anchor Investor Reserveration	87,49,999 shares
Market Maker Reserveration
QIB	58,33,334 shares	50,00,400 shares
NII	43,75,000 shares	15,00,120 shares
RII	1,02,08,333 shares	35,00,280 shares
Employee	1,70,357 shares	0 shares
Others
Total	2,05,87,024 shares	1,00,00,800 shares

Bids Received (Subscription)

Cello World Limited IPO subscribed 41.69x in total, whereas Saraswati Saree Depot IPO subscribed 107.39x.

	Cello World Limited IPO	Saraswati Saree Depot IPO
QIB (times)	122.20x	64.12x
NII (times)	25.65x	358.47x
Big NII (times)	30.02x	389.28x
Small NII (times)	16.91x	296.85x
RII (times)	3.21x	61.59x
Employee (times)	2.74x
Other (times)
Total (times)	41.69x	107.39x

Compare with others

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

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