Committed Cargo Care IPO vs Oriana Power IPO

Comparision between Committed Cargo Care IPO and Oriana Power IPO.

IPO Details

Committed Cargo Care IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Oriana Power IPO is a SME Book Built Issue proposed to list at NSE SME.

	Committed Cargo Care IPO	Oriana Power IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Fedex Securities Pvt Ltd	Corporate Capitalventures Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker	Nikunj Stock Brokers Limited	Share India Securities 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 Committed Cargo Care IPO is up to ₹24.98 Cr whereas the issue size of the Oriana Power IPO is up to ₹59.66 Cr. The final issue price of Committed Cargo Care IPO is ₹77.00 per share and of Oriana Power IPO is ₹118.00 per share.

	Committed Cargo Care IPO	Oriana Power IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹115.00 per share
Issue Price (Upper)		₹118.00 per share
Issue Price (Final)	₹77.00 per share	₹118.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1200 shares
Fresh Issue Size	32,44,000 shares	50,55,600 shares
Fresh Issue Size (Amount)	up to ₹24.98 Cr	up to ₹59.66 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,44,000 shares	50,55,600 shares
Issue Size Total (Amount)	up to ₹24.98 Cr	up to ₹59.66 Cr

IPO Timetable

Committed Cargo Care IPO opens on Oct 06, 2023, while Oriana Power IPO opens on Aug 01, 2023. The closing date of Committed Cargo Care IPO and Oriana Power IPO is Oct 10, 2023, and Aug 03, 2023, respectively.

	Committed Cargo Care IPO	Oriana Power IPO
Anchor Bid Date		Jul 31, 2023
Issue Open	Oct 06, 2023	Aug 01, 2023
Issue Close	Oct 10, 2023	Aug 03, 2023
Basis Of Allotment (Tentative)	Oct 13, 2023	Aug 08, 2023
Initiation of Refunds (Tentative)	Oct 16, 2023	Aug 09, 2023
Credit of Share (Tentative)	Oct 17, 2023	Aug 10, 2023
Listing date (Tentative)	Oct 18, 2023	Aug 11, 2023
Anchor Lockin End date 1	Nov 12, 2023	Sep 07, 2023
Anchor Lockin End date 2	Jan 11, 2024	Nov 06, 2023

Financials

Committed Cargo Care IPO P/E ratio is 10.94, as compared to Oriana Power IPO P/E ratio of 20.7.

Committed Cargo Care IPO

Oriana Power 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

Oriana Power Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-21	2,964.83	3,376.98	282.38	771.29	464.29	75.23
31-Mar-22	5,572.69	10,146.86	695.53	1,775.82	1,159.82	769.07
31-Mar-23	7,799.99	13,395.37	1,268.52	3,621.84	2,950.84	1,489.19
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.00%

83.40%

Promoter Shareholding (Post-Issue)

68.63%

61.41%

P/E Ratio

10.94

20.7

Market Cap

₹83.23 Cr.

₹226.36 Cr.

ROE

18.48%%

1.97%

ROCE

24.06%%

46%%

Debt/Equity

0.41

EPS

₹7.04

₹20.85

RoNW

18.48%%

35.36%%

Shares Offered

In the Committed Cargo Care IPO retail investors (RII) are offered 15,37,600 shares while in Oriana Power IPO retail investors are offered 15,37,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in Committed Cargo Care IPO and 9,60,000 shares in Oriana Power IPO.

	Committed Cargo Care IPO	Oriana Power IPO
Anchor Investor Reserveration		14,40,000 shares
Market Maker Reserveration	1,64,800 shares	2,55,600 shares
QIB	0 shares	9,60,000 shares
NII	15,37,600 shares	7,20,000 shares
RII	15,37,600 shares	16,80,000 shares
Employee	0 shares	0 shares
Others
Total	30,75,200 shares	33,60,000 shares

Bids Received (Subscription)

Committed Cargo Care IPO subscribed 87.78x in total, whereas Oriana Power IPO subscribed 176.58x.

	Committed Cargo Care IPO	Oriana Power IPO
QIB (times)		72.16x
NII (times)	94.20x	251.74x
Big NII (times)
Small NII (times)
RII (times)	78.73x	204.04x
Employee (times)
Other (times)
Total (times)	87.78x	176.58x

Compare with others

Committed Cargo Care IPO	Oriana Power IPO
Oriana Power IPO	Crop Life Science IPO
Innovatus Entertainment Networks IPO	Shelter Pharma IPO
Shri Techtex IPO	Sangani Hospitals IPO
Vinsys IT Services IPO	Yudiz Solutions IPO
Yasons Chemex Care IPO	Zeal Global Services 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
Ahasolar Technologies IPO	Committed Cargo Care IPO

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