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Frog Cellsat IPO is a book built issue of Rs 41.57 crores. The issue is entirely a fresh issue of 40.75 lakh shares.
Frog Cellsat IPO bidding started from September 29, 2022 and ended on October 4, 2022. The allotment for Frog Cellsat IPO was finalized on Monday, October 10, 2022. The shares got listed on NSE SME on October 13, 2022.
Frog Cellsat IPO price band is set at ₹97 to ₹102 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹122,400. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹244,800.
Sarthi Capital Advisors Private Limited is the book running lead manager of the Frog Cellsat IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Frog Cellsat IPO is Ss Corporate Securities.
Refer to Frog Cellsat IPO RHP for detailed information.
IPO Date | September 29, 2022 to October 4, 2022 |
Listing Date | October 13, 2022 |
Face Value | ₹10 per share |
Price Band | ₹97 to ₹102 per share |
Lot Size | 1200 Shares |
Total Issue Size | 4,075,200 shares (aggregating up to ₹41.57 Cr) |
Fresh Issue | 4,075,200 shares (aggregating up to ₹41.57 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | NSE SME |
Share holding pre issue | 11,300,000 |
Share holding post issue | 15,375,200 |
Market Maker portion | 204,000 shares Ss Corporate Securities |
Frog Cellsat IPO offers 5,234,400 shares. 1,934,400 (36.96%) to QIB, 580,800 (11.10%) to NII, 1,356,000 (25.91%) to RII 1,159,200 (22.15%) to Anchor investors.
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | 1,159,200 (22.15%) |
Market Maker Shares Offered | 204,000 (3.90%) |
QIB Shares Offered | 1,934,400 (36.96%) |
NII (HNI) Shares Offered | 580,800 (11.10%) |
Retail Shares Offered | 1,356,000 (25.91%) |
Total Shares Offered | 5,234,400 (100%) |
Frog Cellsat IPO opens on September 29, 2022, and closes on October 4, 2022.
IPO Open Date | Thursday, September 29, 2022 |
IPO Close Date | Tuesday, October 4, 2022 |
Basis of Allotment | Monday, October 10, 2022 |
Initiation of Refunds | Tuesday, October 11, 2022 |
Credit of Shares to Demat | Wednesday, October 12, 2022 |
Listing Date | Thursday, October 13, 2022 |
Cut-off time for UPI mandate confirmation | 5 PM on October 4, 2022 |
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹122,400 |
Retail (Max) | 1 | 1200 | ₹122,400 |
HNI (Min) | 2 | 2,400 | ₹244,800 |
Lot Size Calculator |
Mr. Konark Trivedi and Star Private Trust are the company promoters.
Share Holding Pre Issue | 99.99% |
Share Holding Post Issue | 73.49% |
Incorporated 2004, Frog Cellsat Limited is engaged in manufacturing of telecom equipment used by telecom operators especially in Telecom Towers. The company manufactures 2G/3G/4G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeater, Multi-band Optical DAS system, relative software and accessories.
The company offers services such as Installation and Roll-out Services, Network Maintenance Services and Installation and Roll-out Services.
Frog Cellsat Limited has two production unit one is located in Noida and second one is in located in Dehradun. The company's design, development, manufacturing, and quality control processes are ISO 9001:2015 certified.
Frog Cellsat Limited is providing its products and services across Asia, Europe, Africa, and the Middle East.
Competitive Strength :
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
---|---|---|---|---|---|
31-Mar-20 | 8728.53 | 8850.61 | 139.12 | 4531.79 | 4526.79 |
31-Mar-21 | 9285.27 | 12939.84 | 1425.76 | 5957.55 | 5952.55 |
31-Mar-22 | 9724.63 | 13529.24 | 1433.76 | 6896.18 | 6891.18 |
Amount in ₹ Lakhs |
The market capitalization of Frog Cellsat IPO is Rs 156.83 Cr.
Pre IPO | Post IPO | |
---|---|---|
P/E (x) | 10.93 |
The objects of the Offer are:-
1. To part finance the expansion project.
2. General Corporate Purposes.
3. Issue Expenses.
[Dilip Davda] The company was listed on NSE Emerge ITP from 2014 to 2018 and was delisted due to falling business. As claimed by the management, it has now revamped its products and gained momentum with blue-chip customers, and is on a fast-forward mode. Risk seeker/cash surplus investors may consider an investment with a long-term perspective. Read detail review...
The Frog Cellsat IPO is subscribed 21.06 times on October 4, 2022 7:00:00 PM. The public issue subscribed 22.10 times in the retail category, 5.36 times in the QIB category, and 70.94 times in the NII category. Check Day by Day Subscription Details (Live Status)
Category | Subscription (times) |
---|---|
QIB | 5.36 |
NII | 70.94 |
Retail | 22.10 |
Total | 21.06 |
Listing Date | October 13, 2022 |
BSE Script Code | |
NSE Symbol | FROG |
ISIN | INE385O01018 |
Final Issue Price | ₹102 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
NSE SME |
---|
₹102.00 |
₹177.00 |
₹168.15 |
₹185.85 |
₹185.80 |
Frog Cellsat Limited
Office No. 406,
D-35 Third Floor Old Plot No. 2-A,
Laxmi Nagar Delhi East, Delhi 110092
Phone: 120-4859650
Email: CS@frogcellsat.com
Website: https://www.frogcellsat.com/
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
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Frog Cellsat IPO is a SME IPO of 4,075,200 equity shares of the face value of ₹10 aggregating up to ₹41.57 Crores. The issue is priced at ₹97 to ₹102 per share. The minimum order quantity is 1200 Shares.
The IPO opens on September 29, 2022, and closes on October 4, 2022.
Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Frog Cellsat IPO using UPI as a payment gateway. Zerodha customers can apply in Frog Cellsat IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Frog Cellsat IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Frog Cellsat IPO opens on September 29, 2022 and closes on October 4, 2022.
Frog Cellsat IPO lot size is 1200 Shares, and the minimum amount required is ₹122,400.
You can apply in Frog Cellsat IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Frog Cellsat IPO will be done on Monday, October 10, 2022, and the allotted shares will be credited to your demat account by Wednesday, October 12, 2022. Check the Frog Cellsat IPO allotment status.
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