Cargotrans Maritime IPO vs Concord Control Systems IPO

Comparision between Cargotrans Maritime IPO and Concord Control Systems IPO.

IPO Details

Cargotrans Maritime IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Concord Control Systems IPO is a SME Book Built Issue proposed to list at BSE SME.

	Cargotrans Maritime IPO	Concord Control Systems IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	BSE SME
Lead Managers	Hem Securities Limited	Hem Securities Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker		Hem Securities Ltd.
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 Cargotrans Maritime IPO is up to ₹4.86 Cr whereas the issue size of the Concord Control Systems IPO is up to ₹8.32 Cr. The final issue price of Cargotrans Maritime IPO is ₹45.00 per share and of Concord Control Systems IPO is ₹55.00 per share.

	Cargotrans Maritime IPO	Concord Control Systems IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹53.00 per share
Issue Price (Upper)		₹55.00 per share
Issue Price (Final)	₹45.00 per share	₹55.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	2000 shares
Fresh Issue Size	10,80,000 shares	15,12,000 shares
Fresh Issue Size (Amount)	up to ₹4.86 Cr	up to ₹8.32 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,80,000 shares	15,12,000 shares
Issue Size Total (Amount)	up to ₹4.86 Cr	up to ₹8.32 Cr

IPO Timetable

Cargotrans Maritime IPO opens on Sep 27, 2022, while Concord Control Systems IPO opens on Sep 27, 2022. The closing date of Cargotrans Maritime IPO and Concord Control Systems IPO is Sep 29, 2022, and Sep 29, 2022, respectively.

	Cargotrans Maritime IPO	Concord Control Systems IPO
Anchor Bid Date
Issue Open	Sep 27, 2022	Sep 27, 2022
Issue Close	Sep 29, 2022	Sep 29, 2022
Basis Of Allotment (Tentative)	Oct 04, 2022	Oct 04, 2022
Initiation of Refunds (Tentative)	Oct 06, 2022	Oct 06, 2022
Credit of Share (Tentative)	Oct 07, 2022	Oct 07, 2022
Listing date (Tentative)	Oct 10, 2022	Oct 10, 2022
Anchor Lockin End date 1	Nov 03, 2022	Nov 03, 2022
Anchor Lockin End date 2	Jan 02, 2023	Jan 02, 2023

Financials

Cargotrans Maritime IPO P/E ratio is 7.77, as compared to Concord Control Systems IPO P/E ratio of 12.14.

Cargotrans Maritime IPO

Concord Control Systems IPO

Financial

Cargotrans Maritime Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	592.68	2058.43	27.56	181	121
31-Mar-21	1071.37	4941.1	115.01	296.01	236.01
31-Mar-22	1157.43	8959.92	236.28	532.29	472.29
Amount in ₹ Lakhs

Concord Control Systems Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	838.01	1589.25	104.57	350.58	330.25
31-Mar-21	1251.35	1760.91	143.21	495.47	474.9
31-Mar-22	1467.22	3173.54	258.99	754.24	733.86
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

Promoter Shareholding (Post-Issue)

73.53%

P/E Ratio

7.77

12.14

Market Cap

₹18.36 Cr.

₹31.42 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Cargotrans Maritime IPO retail investors (RII) are offered 5,10,000 shares while in Concord Control Systems IPO retail investors are offered 5,10,000 shares. Qualified institutional buyers (QIB) are offered in Cargotrans Maritime IPO and 7,16,000 shares in Concord Control Systems IPO.

	Cargotrans Maritime IPO	Concord Control Systems IPO
Anchor Investor Reserveration		4,28,000 shares
Market Maker Reserveration	60,000 shares	78,000 shares
QIB		7,16,000 shares
NII	5,10,000 shares	2,16,000 shares
RII	5,10,000 shares	5,02,000 shares
Employee
Others
Total	10,20,000 shares	14,34,000 shares

Bids Received (Subscription)

Cargotrans Maritime IPO subscribed 148.25x in total, whereas Concord Control Systems IPO subscribed 202.41x.

	Cargotrans Maritime IPO	Concord Control Systems IPO
QIB (times)		15.18x
NII (times)	129.63x	307.40x
Big NII (times)
Small NII (times)
RII (times)	166.86x	424.26x
Employee (times)
Other (times)
Total (times)	148.25x	202.41x

Compare with others

Cargotrans Maritime IPO	Concord Control Systems IPO
Pace E-Commerce Ventures IPO	Cargotrans Maritime IPO
Swastik Pipe IPO	Vedant Asset IPO
Trident Lifeline IPO	Cargosol Logistics IPO
Steelman Telecom IPO	Silicon Rental Solutions IPO
Reetech International Cargo IPO	Lloyds Luxuries IPO
Vedant Asset IPO	Maagh Advertising IPO
Cargosol Logistics IPO	QMS Medical Allied IPO
Silicon Rental Solutions IPO	Cyber Media Research IPO
Lloyds Luxuries IPO	Mafia Trends IPO
Concord Control Systems IPO	Insolation Energy IPO

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