Ahasolar Technologies IPO vs Committed Cargo Care IPO

Comparision between Ahasolar Technologies IPO and Committed Cargo Care IPO.

IPO Details

Ahasolar Technologies IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Committed Cargo Care IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Ahasolar Technologies IPO	Committed Cargo Care IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	NSE SME
Lead Managers	Beeline Capital Advisors Pvt Ltd	Fedex Securities Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Sunflower Broking Private Limited	Nikunj Stock Brokers Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Ahasolar Technologies IPO is up to ₹12.85 Cr whereas the issue size of the Committed Cargo Care IPO is up to ₹24.98 Cr. The final issue price of Ahasolar Technologies IPO is ₹157.00 per share and of Committed Cargo Care IPO is ₹77.00 per share.

	Ahasolar Technologies IPO	Committed Cargo Care IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹157.00 per share	₹77.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	800 shares	1600 shares
Fresh Issue Size	8,18,400 shares	32,44,000 shares
Fresh Issue Size (Amount)	up to ₹12.85 Cr	up to ₹24.98 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	8,18,400 shares	32,44,000 shares
Issue Size Total (Amount)	up to ₹12.85 Cr	up to ₹24.98 Cr

IPO Timetable

Ahasolar Technologies IPO opens on Jul 10, 2023, while Committed Cargo Care IPO opens on Oct 06, 2023. The closing date of Ahasolar Technologies IPO and Committed Cargo Care IPO is Jul 13, 2023, and Oct 10, 2023, respectively.

	Ahasolar Technologies IPO	Committed Cargo Care IPO
Anchor Bid Date
Issue Open	Jul 10, 2023	Oct 06, 2023
Issue Close	Jul 13, 2023	Oct 10, 2023
Basis Of Allotment (Tentative)	Jul 18, 2023	Oct 13, 2023
Initiation of Refunds (Tentative)	Jul 19, 2023	Oct 16, 2023
Credit of Share (Tentative)	Jul 20, 2023	Oct 17, 2023
Listing date (Tentative)	Jul 21, 2023	Oct 18, 2023
Anchor Lockin End date 1	Aug 17, 2023	Nov 12, 2023
Anchor Lockin End date 2	Oct 16, 2023	Jan 11, 2024

Financials

Ahasolar Technologies IPO P/E ratio is 27.45, as compared to Committed Cargo Care IPO P/E ratio of 10.94.

Ahasolar Technologies IPO

Committed Cargo Care IPO

Financial

Ahasolar Technologies Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	138.63	128.70	2.07	2.16	1.16	23.04
31-Mar-21	85.47	187.73	7.91	10.08	9.08	24.24
31-Mar-22	237.37	1,714.64	68.63	78.71	77.71	58.18
31-Mar-23	525.56	2,105.16	176.38	405.07	178.69	0.00
Amount in ₹ Lakhs

Committed Cargo Care Limited Financial Information (Restated Standalone)

Committed Cargo Care Limited's revenue decreased by -16.22% and profit after tax (PAT) rose by 72.7% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021	31 Mar 2020
Assets	4,015.13	3,309.84	3,035.65	2,599.79
Revenue	12,242.77	14,612.17	11,385.89	8,404.10
Profit After Tax	533.17	308.72	232.20	151.10
Net Worth	2,884.79	2,351.63	2,042.90	1,810.70
Reserves and Surplus	2,127.83	1,594.67	1,285.94	1,053.74
Total Borrowing	67.34	14.69	31.42	65.19
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

50.31%

98.00%

Promoter Shareholding (Post-Issue)

36.95%

68.63%

P/E Ratio

27.45

10.94

Market Cap

₹48.39 Cr.

₹83.23 Cr.

ROE

72.92%%

18.48%%

ROCE

63.53%%

24.06%%

Debt/Equity

EPS

₹7.94

₹7.04

RoNW

43.54%%

18.48%%

Shares Offered

In the Ahasolar Technologies IPO retail investors (RII) are offered 3,88,000 shares while in Committed Cargo Care IPO retail investors are offered 3,88,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Ahasolar Technologies IPO and 0 shares in Committed Cargo Care IPO.

	Ahasolar Technologies IPO	Committed Cargo Care IPO
Anchor Investor Reserveration
Market Maker Reserveration	42,400 shares	1,64,800 shares
QIB	0 shares	0 shares
NII	3,88,000 shares	15,37,600 shares
RII	3,88,000 shares	15,37,600 shares
Employee	0 shares	0 shares
Others
Total	7,76,000 shares	30,75,200 shares

Bids Received (Subscription)

Ahasolar Technologies IPO subscribed 34.79x in total, whereas Committed Cargo Care IPO subscribed 87.78x.

	Ahasolar Technologies IPO	Committed Cargo Care IPO
QIB (times)
NII (times)	23.37x	94.20x
Big NII (times)
Small NII (times)
RII (times)	46.18x	78.73x
Employee (times)
Other (times)
Total (times)	34.79x	87.78x

Compare with others

Ahasolar Technologies IPO	Committed Cargo Care IPO
Committed Cargo Care IPO	Oriana Power IPO
Khazanchi Jewellers IPO	Innovatus Entertainment Networks IPO
Srivari Spices and Foods IPO	Shri Techtex IPO
Asarfi Hospital IPO	Vinsys IT Services IPO
Service Care IPO	Yasons Chemex Care IPO
Drone Destination IPO	Khazanchi Jewellers IPO
AccelerateBS India IPO	Srivari Spices and Foods IPO
Synoptics Technologies IPO	Asarfi Hospital IPO
Alphalogic Industries IPO	Service Care IPO
Global Pet Industries IPO	Ahasolar Technologies IPO

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