Committed Cargo Care IPO vs Innovatus Entertainment Networks IPO

Comparision between Committed Cargo Care IPO and Innovatus Entertainment Networks IPO.

IPO Details

Committed Cargo Care IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Innovatus Entertainment Networks IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Committed Cargo Care IPO	Innovatus Entertainment Networks IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Fedex Securities Pvt Ltd	Inventure Merchant Banker Services Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Purva Sharegistry India Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Pure Broking Private 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 Committed Cargo Care IPO is up to ₹24.98 Cr whereas the issue size of the Innovatus Entertainment Networks IPO is up to ₹7.74 Cr. The final issue price of Committed Cargo Care IPO is ₹77.00 per share and of Innovatus Entertainment Networks IPO is ₹50.00 per share.

	Committed Cargo Care IPO	Innovatus Entertainment Networks IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹77.00 per share	₹50.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	3000 shares
Fresh Issue Size	32,44,000 shares	15,48,000 shares
Fresh Issue Size (Amount)	up to ₹24.98 Cr	up to ₹7.74 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,44,000 shares	15,48,000 shares
Issue Size Total (Amount)	up to ₹24.98 Cr	up to ₹7.74 Cr

IPO Timetable

Committed Cargo Care IPO opens on Oct 06, 2023, while Innovatus Entertainment Networks IPO opens on Jul 25, 2023. The closing date of Committed Cargo Care IPO and Innovatus Entertainment Networks IPO is Oct 10, 2023, and Jul 27, 2023, respectively.

	Committed Cargo Care IPO	Innovatus Entertainment Networks IPO
Anchor Bid Date
Issue Open	Oct 06, 2023	Jul 25, 2023
Issue Close	Oct 10, 2023	Jul 27, 2023
Basis Of Allotment (Tentative)	Oct 13, 2023	Aug 01, 2023
Initiation of Refunds (Tentative)	Oct 16, 2023	Aug 02, 2023
Credit of Share (Tentative)	Oct 17, 2023	Aug 03, 2023
Listing date (Tentative)	Oct 18, 2023	Aug 04, 2023
Anchor Lockin End date 1	Nov 12, 2023	Aug 31, 2023
Anchor Lockin End date 2	Jan 11, 2024	Oct 30, 2023

Financials

Committed Cargo Care IPO P/E ratio is 10.94, as compared to Innovatus Entertainment Networks IPO P/E ratio of 41.

Committed Cargo Care IPO

Innovatus Entertainment Networks IPO

Financial

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

Innovatus Entertainment Networks Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	449.41	1,042.12	29.44	171.61	170.61	0.00
31-Mar-21	597.72	784.07	33.38	205.00	204.00	152.34
31-Mar-22	530.83	787.90	30.19	235.19	34.19	152.34
31-Mar-23	822.63	1,093.93	48.26	483.45	242.45	152.34
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.00%

99.97%

Promoter Shareholding (Post-Issue)

68.63%

60.87%

P/E Ratio

10.94

Market Cap

₹83.23 Cr.

₹19.79 Cr.

ROE

18.48%%

9.98%%

ROCE

24.06%%

11.32%%

Debt/Equity

0.32

EPS

₹7.04

₹2.00

RoNW

18.48%%

9.98%%

Shares Offered

In the Committed Cargo Care IPO retail investors (RII) are offered 15,37,600 shares while in Innovatus Entertainment Networks IPO retail investors are offered 15,37,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in Committed Cargo Care IPO and 0 shares in Innovatus Entertainment Networks IPO.

	Committed Cargo Care IPO	Innovatus Entertainment Networks IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,64,800 shares	78,000 shares
QIB	0 shares	0 shares
NII	15,37,600 shares	7,35,000 shares
RII	15,37,600 shares	7,35,000 shares
Employee	0 shares	0 shares
Others
Total	30,75,200 shares	14,70,000 shares

Bids Received (Subscription)

Committed Cargo Care IPO subscribed 87.78x in total, whereas Innovatus Entertainment Networks IPO subscribed 105.21x.

	Committed Cargo Care IPO	Innovatus Entertainment Networks IPO
QIB (times)
NII (times)	94.20x	56.58x
Big NII (times)
Small NII (times)
RII (times)	78.73x	150.50x
Employee (times)
Other (times)
Total (times)	87.78x	105.21x

Compare with others

Committed Cargo Care IPO	Innovatus Entertainment Networks IPO
Oriana Power IPO	Shelter Pharma IPO
Innovatus Entertainment Networks IPO	Sangani Hospitals IPO
Shri Techtex IPO	Yudiz Solutions IPO
Vinsys IT Services IPO	Zeal Global Services IPO
Yasons Chemex Care IPO	Oriana Power IPO
Khazanchi Jewellers IPO	Shri Techtex IPO
Srivari Spices and Foods IPO	Vinsys IT Services IPO
Asarfi Hospital IPO	Yasons Chemex Care IPO
Service Care IPO	Committed Cargo Care IPO
Ahasolar Technologies IPO	Khazanchi Jewellers IPO

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