ASK Automotive IPO vs Cello World Limited IPO

Comparision between ASK Automotive IPO and Cello World Limited IPO.

IPO Details

ASK Automotive IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Cello World Limited IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	ASK Automotive IPO	Cello World Limited 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	Jm Financial Limited Axis Capital Limited ICICI Securities Limited Iifl Securities Ltd	Kotak Mahindra Capital Company Limited ICICI Securities Limited Iifl Securities Ltd Jm Financial Limited Motilal Oswal Investment Advisors Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of ASK Automotive IPO is up to ₹834.00 Cr whereas the issue size of the Cello World Limited IPO is up to ₹1,900.00 Cr. The final issue price of ASK Automotive IPO is ₹282.00 per share and of Cello World Limited IPO is ₹648.00 per share.

	ASK Automotive IPO	Cello World Limited IPO
Face Value	₹2 per share	₹5 per share
Issue Price (Lower)	₹268.00 per share	₹617.00 per share
Issue Price (Upper)	₹282.00 per share	₹648.00 per share
Issue Price (Final)	₹282.00 per share	₹648.00 per share
Discount (Retail)
Discount (Employee)		₹61.00 per share
Market Lot Size	53 shares	23 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size	2,95,71,390 shares	2,93,20,987 shares
OFS Issue Size (Amount)	up to ₹834.00 Cr	up to ₹1,900.00 Cr
Issue Size Total	2,95,71,390 shares	2,93,20,987 shares
Issue Size Total (Amount)	up to ₹834.00 Cr	up to ₹1,900.00 Cr

IPO Timetable

ASK Automotive IPO opens on Nov 07, 2023, while Cello World Limited IPO opens on Oct 30, 2023. The closing date of ASK Automotive IPO and Cello World Limited IPO is Nov 09, 2023, and Nov 01, 2023, respectively.

	ASK Automotive IPO	Cello World Limited IPO
Anchor Bid Date	Nov 06, 2023	Oct 27, 2023
Issue Open	Nov 07, 2023	Oct 30, 2023
Issue Close	Nov 09, 2023	Nov 01, 2023
Basis Of Allotment (Tentative)	Nov 10, 2023	Nov 02, 2023
Initiation of Refunds (Tentative)	Nov 10, 2023	Nov 02, 2023
Credit of Share (Tentative)	Nov 13, 2023	Nov 03, 2023
Listing date (Tentative)	Nov 15, 2023	Nov 06, 2023
Anchor Lockin End date 1	Dec 10, 2023	Dec 02, 2023
Anchor Lockin End date 2	Feb 08, 2024	Jan 31, 2024

Financials

ASK Automotive IPO P/E ratio is 45.63, as compared to Cello World Limited IPO P/E ratio of .

ASK Automotive IPO

Cello World Limited IPO

Financial

ASK Automotive Limited Financial Information (Restated Consolidated)

ASK Automotive Limited's revenue increased by 26.78% and profit after tax (PAT) rose by 48.75% 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	1,443.34	1,281.21	1,105.56	948.25
Revenue	657.55	2,566.28	2,024.26	1,567.77
Profit After Tax	34.83	122.95	82.66	106.20
Net Worth		643.77	631.91	622.23
Reserves and Surplus	639.03	604.34	591.73	581.54
Total Borrowing	268.03	231.82	119.78	54.02
Amount in ₹ Crore

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

Promoter Shareholding (Pre-Issue)

100%

91.8%

Promoter Shareholding (Post-Issue)

78.06

P/E Ratio

45.63

Market Cap

₹5559.00 Cr.

₹13752.57 Cr.

ROE

39.9%%

ROCE

44.48%%

Debt/Equity

0.49

0.62

EPS

₹6.18

₹13.65

RoNW

19.10%%

23.17%%

Shares Offered

In the ASK Automotive IPO retail investors (RII) are offered 1,03,49,987 shares while in Cello World Limited IPO retail investors are offered 1,03,49,987 shares. Qualified institutional buyers (QIB) are offered 59,14,278 shares in ASK Automotive IPO and 58,33,334 shares in Cello World Limited IPO.

	ASK Automotive IPO	Cello World Limited IPO
Anchor Investor Reserveration	88,71,416 shares	87,49,999 shares
Market Maker Reserveration
QIB	59,14,278 shares	58,33,334 shares
NII	44,35,709 shares	43,75,000 shares
RII	1,03,49,987 shares	1,02,08,333 shares
Employee	0 shares	1,70,357 shares
Others
Total	2,06,99,974 shares	2,05,87,024 shares

Bids Received (Subscription)

ASK Automotive IPO subscribed 51.14x in total, whereas Cello World Limited IPO subscribed 41.69x.

	ASK Automotive IPO	Cello World Limited IPO
QIB (times)	142.41x	122.20x
NII (times)	35.47x	25.65x
Big NII (times)	41.13x	30.02x
Small NII (times)	24.16x	16.91x
RII (times)	5.70x	3.21x
Employee (times)		2.74x
Other (times)
Total (times)	51.14x	41.69x

Compare with others

ASK Automotive IPO	Cello World Limited IPO
DOMS IPO	IREDA IPO
Flair Writing IPO	Fedbank Financial Services IPO
IREDA IPO	Gandhar Oil Refinery India IPO
Fedbank Financial Services IPO	ASK Automotive IPO
Gandhar Oil Refinery India IPO	ESAF Small Finance Bank IPO
ESAF Small Finance Bank IPO	Mamaearth IPO
Cello World Limited IPO	Blue Jet Healthcare IPO
Mamaearth IPO	Protean eGov Technologies IPO
Blue Jet Healthcare IPO	IRM Energy IPO
Protean eGov Technologies IPO	Plaza Wires IPO

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