Cellecor Gadgets IPO vs Meson Valves India IPO

Comparision between Cellecor Gadgets IPO and Meson Valves India IPO.

IPO Details

Cellecor Gadgets IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Meson Valves India IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Cellecor Gadgets IPO	Meson Valves India 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	Narnolia Financial Services Ltd	Shreni Shares Limited
Registrar	Skyline Financial Services Private Ltd	Maashitla Securities Private Limited
Market Maker	Ss Corporate Securities Limited	Shreni Shares 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 Cellecor Gadgets IPO is up to ₹50.77 Cr whereas the issue size of the Meson Valves India IPO is up to ₹31.09 Cr. The final issue price of Cellecor Gadgets IPO is ₹92.00 per share and of Meson Valves India IPO is ₹102.00 per share.

	Cellecor Gadgets IPO	Meson Valves India IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹87.00 per share
Issue Price (Upper)	₹92.00 per share
Issue Price (Final)	₹92.00 per share	₹102.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	55,18,800 shares	30,48,000 shares
Fresh Issue Size (Amount)	up to ₹50.77 Cr	up to ₹31.09 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	55,18,800 shares	30,48,000 shares
Issue Size Total (Amount)	up to ₹50.77 Cr	up to ₹31.09 Cr

IPO Timetable

Cellecor Gadgets IPO opens on Sep 15, 2023, while Meson Valves India IPO opens on Sep 08, 2023. The closing date of Cellecor Gadgets IPO and Meson Valves India IPO is Sep 20, 2023, and Sep 12, 2023, respectively.

	Cellecor Gadgets IPO	Meson Valves India IPO
Anchor Bid Date	Sep 14, 2023
Issue Open	Sep 15, 2023	Sep 08, 2023
Issue Close	Sep 20, 2023	Sep 12, 2023
Basis Of Allotment (Tentative)	Sep 25, 2023	Sep 15, 2023
Initiation of Refunds (Tentative)	Sep 26, 2023	Sep 18, 2023
Credit of Share (Tentative)	Sep 27, 2023	Sep 20, 2023
Listing date (Tentative)	Sep 28, 2023	Sep 21, 2023
Anchor Lockin End date 1	Oct 25, 2023	Oct 15, 2023
Anchor Lockin End date 2	Dec 24, 2023	Dec 14, 2023

Financials

Cellecor Gadgets IPO P/E ratio is 13.45, as compared to Meson Valves India IPO P/E ratio of 15.47.

Cellecor Gadgets IPO

Meson Valves India IPO

Financial

Cellecor Gadgets IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	10.00	2,367.23	7,002.52
Revenue	0.00	12,128.99	26,436.56
Profit After Tax	-2.42	213.56	797.07
Net Worth	7.58	221.14	1,381.26
Reserves and Surplus	-2.42	211.14	1,369.94
Total Borrowing		121.75	2,084.38

Amount in ₹ Lakhs

Meson Valves India IPO Financial Information (Restated)
Period Ended	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	2,105.58	2,738.78	4,509.01
Revenue	1,542.35	1,431.57	3,719.30
Profit After Tax	11.81	212.54	452.43
Net Worth	55.17	267.71	1,849.57
Reserves and Surplus	48.17	260.71	1,157.32
Total Borrowing	918.26	923.93	1,124.16

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

69.95%

46.91%

Promoter Shareholding (Post-Issue)

51.54%

32.83%

P/E Ratio

13.45

15.47

Market Cap

₹192.90 Cr.

₹103.63 Cr.

ROE

57.71%%

ROCE

63.88%%

Debt/Equity

1.51

EPS

₹6.84

₹6.59

RoNW

57.71%%

24.46%%

Shares Offered

In the Cellecor Gadgets IPO retail investors (RII) are offered 18,34,800 shares while in Meson Valves India IPO retail investors are offered 18,34,800 shares. Qualified institutional buyers (QIB) are offered 10,48,800 shares in Cellecor Gadgets IPO and 0 shares in Meson Valves India IPO.

	Cellecor Gadgets IPO	Meson Valves India IPO
Anchor Investor Reserveration	15,72,000 shares
Market Maker Reserveration	2,76,000 shares	1,56,000 shares
QIB	10,48,800 shares	0 shares
NII	7,87,200 shares	14,46,000 shares
RII	18,34,800 shares	14,46,000 shares
Employee	0 shares	0 shares
Others
Total	36,70,800 shares	28,92,000 shares

Bids Received (Subscription)

Cellecor Gadgets IPO subscribed 116.33x in total, whereas Meson Valves India IPO subscribed 173.65x.

	Cellecor Gadgets IPO	Meson Valves India IPO
QIB (times)	57.58x
NII (times)	176.54x	132.74x
Big NII (times)
Small NII (times)
RII (times)	124.08x	203.02x
Employee (times)
Other (times)
Total (times)	116.33x	173.65x

Compare with others

Cellecor Gadgets IPO	Meson Valves India IPO
Hi-Green Carbon IPO	Holmarc Opto-Mechatronics IPO
Kody Technolab IPO	Digikore Studios IPO
Holmarc Opto-Mechatronics IPO	Madhusudan Masala IPO
Digikore Studios IPO	Cellecor Gadgets IPO
Madhusudan Masala IPO	Kundan Edifice IPO
Kundan Edifice IPO	Chavda Infra IPO
Meson Valves India IPO	Jiwanram Sheoduttrai Industries IPO
Chavda Infra IPO	Unihealth Consultancy IPO
Jiwanram Sheoduttrai Industries IPO	Kahan Packaging IPO
Unihealth Consultancy IPO	Pramara Promotions IPO

Comments

Add a public comment...