Cello World Limited IPO vs Plaza Wires IPO

Comparision between Cello World Limited IPO and Plaza Wires IPO.

IPO Details

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

	Cello World Limited IPO	Plaza Wires 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	Pantomath Capital Advisors Pvt Ltd
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
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 Cello World Limited IPO is up to ₹1,900.00 Cr whereas the issue size of the Plaza Wires IPO is up to ₹71.28 Cr. The final issue price of Cello World Limited IPO is ₹648.00 per share and of Plaza Wires IPO is ₹54.00 per share.

	Cello World Limited IPO	Plaza Wires IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹617.00 per share	₹51.00 per share
Issue Price (Upper)	₹648.00 per share	₹54.00 per share
Issue Price (Final)	₹648.00 per share	₹54.00 per share
Discount (Retail)
Discount (Employee)	₹61.00 per share
Market Lot Size	23 shares	277 shares
Fresh Issue Size		1,32,00,158 shares
Fresh Issue Size (Amount)		up to ₹71.28 Cr
OFS Issue Size	2,93,20,987 shares
OFS Issue Size (Amount)	up to ₹1,900.00 Cr
Issue Size Total	2,93,20,987 shares	1,32,00,158 shares
Issue Size Total (Amount)	up to ₹1,900.00 Cr	up to ₹71.28 Cr

IPO Timetable

Cello World Limited IPO opens on Oct 30, 2023, while Plaza Wires IPO opens on Sep 29, 2023. The closing date of Cello World Limited IPO and Plaza Wires IPO is Nov 01, 2023, and Oct 05, 2023, respectively.

	Cello World Limited IPO	Plaza Wires IPO
Anchor Bid Date	Oct 27, 2023	Sep 27, 2023
Issue Open	Oct 30, 2023	Sep 29, 2023
Issue Close	Nov 01, 2023	Oct 05, 2023
Basis Of Allotment (Tentative)	Nov 02, 2023	Oct 09, 2023
Initiation of Refunds (Tentative)	Nov 02, 2023	Oct 11, 2023
Credit of Share (Tentative)	Nov 03, 2023	Oct 12, 2023
Listing date (Tentative)	Nov 06, 2023	Oct 12, 2023
Anchor Lockin End date 1	Dec 02, 2023	Nov 08, 2023
Anchor Lockin End date 2	Jan 31, 2024	Jan 07, 2024

Financials

Cello World Limited IPO P/E ratio is , as compared to Plaza Wires IPO P/E ratio of 21.95.

Cello World Limited IPO

Plaza Wires 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

Plaza Wires Limited Financial Information (Restated)

Plaza Wires Limited's revenue increased by 3.2% and profit after tax (PAT) rose by 26.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	112.10	104.17	99.28
Revenue	182.60	176.94	145.60
Profit After Tax	7.51	5.95	4.24
Net Worth	53.08	45.52	39.48
Reserves and Surplus	22.53	14.96	35.66
Total Borrowing	39.68	40.09	43.30
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.8%

100%

Promoter Shareholding (Post-Issue)

78.06

69.83%

P/E Ratio

21.95

Market Cap

₹13752.57 Cr.

₹236.26 Cr.

ROE

39.9%%

14.15%%

ROCE

44.48%%

15.57%%

Debt/Equity

0.62

0.75

EPS

₹13.65

₹2.46

RoNW

23.17%%

14.16%%

Shares Offered

In the Cello World Limited IPO retail investors (RII) are offered 1,02,08,333 shares while in Plaza Wires 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 61,96,076 shares in Plaza Wires IPO.

	Cello World Limited IPO	Plaza Wires IPO
Anchor Investor Reserveration	87,49,999 shares	37,04,044 shares
Market Maker Reserveration
QIB	58,33,334 shares	61,96,076 shares
NII	43,75,000 shares	19,80,023 shares
RII	1,02,08,333 shares	13,20,015 shares
Employee	1,70,357 shares	0 shares
Others
Total	2,05,87,024 shares	94,96,114 shares

Bids Received (Subscription)

Cello World Limited IPO subscribed 41.69x in total, whereas Plaza Wires IPO subscribed 160.97x.

	Cello World Limited IPO	Plaza Wires IPO
QIB (times)	122.20x	42.84x
NII (times)	25.65x	388.09x
Big NII (times)	30.02x	360.92x
Small NII (times)	16.91x	442.42x
RII (times)	3.21x	374.81x
Employee (times)	2.74x
Other (times)
Total (times)	41.69x	160.97x

Compare with others

Cello World Limited IPO	Plaza Wires 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
ESAF Small Finance Bank IPO	IRM Energy IPO
Mamaearth IPO	Updater Services IPO
Blue Jet Healthcare IPO	Valiant Laboratories IPO
Protean eGov Technologies IPO	Manoj Vaibhav Gems 'N' Jewellers IPO
IRM Energy IPO	JSW Infrastructure IPO
Plaza Wires IPO	Sai Silks (Kalamandir) IPO

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