Cello World Limited IPO vs Fedbank Financial Services IPO

Comparision between Cello World Limited IPO and Fedbank Financial Services IPO.

IPO Details

Cello World Limited IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Fedbank Financial Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Cello World Limited IPO	Fedbank Financial Services 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	ICICI Securities Limited Bnp Paribas Equirus Capital Private Limited Jm Financial Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
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 Fedbank Financial Services IPO is up to ₹1,092.26 Cr. The final issue price of Cello World Limited IPO is ₹648.00 per share and of Fedbank Financial Services IPO is ₹140.00 per share.

	Cello World Limited IPO	Fedbank Financial Services IPO
Face Value	₹5 per share	₹10 per share
Issue Price (Lower)	₹617.00 per share	₹133.00 per share
Issue Price (Upper)	₹648.00 per share	₹140.00 per share
Issue Price (Final)	₹648.00 per share	₹140.00 per share
Discount (Retail)
Discount (Employee)	₹61.00 per share	₹10.00 per share
Market Lot Size	23 shares	107 shares
Fresh Issue Size		4,29,12,087 shares
Fresh Issue Size (Amount)		up to ₹600.77 Cr
OFS Issue Size	2,93,20,987 shares	3,51,61,723 shares
OFS Issue Size (Amount)	up to ₹1,900.00 Cr	up to ₹492.26 Cr
Issue Size Total	2,93,20,987 shares	7,80,73,810 shares
Issue Size Total (Amount)	up to ₹1,900.00 Cr	up to ₹1,092.26 Cr

IPO Timetable

Cello World Limited IPO opens on Oct 30, 2023, while Fedbank Financial Services IPO opens on Nov 22, 2023. The closing date of Cello World Limited IPO and Fedbank Financial Services IPO is Nov 01, 2023, and Nov 24, 2023, respectively.

	Cello World Limited IPO	Fedbank Financial Services IPO
Anchor Bid Date	Oct 27, 2023	Nov 21, 2023
Issue Open	Oct 30, 2023	Nov 22, 2023
Issue Close	Nov 01, 2023	Nov 24, 2023
Basis Of Allotment (Tentative)	Nov 02, 2023	Nov 28, 2023
Initiation of Refunds (Tentative)	Nov 02, 2023	Nov 28, 2023
Credit of Share (Tentative)	Nov 03, 2023	Nov 29, 2023
Listing date (Tentative)	Nov 06, 2023	Nov 30, 2023
Anchor Lockin End date 1	Dec 02, 2023	Dec 28, 2023
Anchor Lockin End date 2	Jan 31, 2024	Feb 26, 2024

Financials

Cello World Limited IPO P/E ratio is , as compared to Fedbank Financial Services IPO P/E ratio of 25.04.

Cello World Limited IPO

Fedbank Financial Services 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

Fedbank Financial Services Limited Financial Information (Restated)

Fedbank Financial Services Limited's revenue increased by 37.46% and profit after tax (PAT) rose by 74.11% 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	9,412.51	9,070.99	6,555.71	5,466.31
Revenue	367.87	1,214.68	883.64	697.57
Profit After Tax	53.88	180.13	103.46	61.68
Net Worth	1,414.90	1,355.68	1,153.52	834.73
Reserves and Surplus	1,076.67	1,021.52	832.00	544.45
Total Borrowing	7,619.52	7,135.82	5,016.84	4,328.09
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

91.8%

72.28%

Promoter Shareholding (Post-Issue)

78.06

62.40%

P/E Ratio

25.04

Market Cap

₹13752.57 Cr.

₹5165.06 Cr.

ROE

39.9%%

14.36%%

ROCE

44.48%%

Debt/Equity

0.62

EPS

₹13.65

₹5.60

RoNW

23.17%%

13.29%%

Shares Offered

In the Cello World Limited IPO retail investors (RII) are offered 1,02,08,333 shares while in Fedbank Financial Services 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 1,54,60,916 shares in Fedbank Financial Services IPO.

	Cello World Limited IPO	Fedbank Financial Services IPO
Anchor Investor Reserveration	87,49,999 shares	2,31,91,374 shares
Market Maker Reserveration
QIB	58,33,334 shares	1,54,60,916 shares
NII	43,75,000 shares	1,15,95,687 shares
RII	1,02,08,333 shares	2,70,56,603 shares
Employee	1,70,357 shares	8,13,008 shares
Others
Total	2,05,87,024 shares	5,49,26,214 shares

Bids Received (Subscription)

Cello World Limited IPO subscribed 41.69x in total, whereas Fedbank Financial Services IPO subscribed 2.24x.

	Cello World Limited IPO	Fedbank Financial Services IPO
QIB (times)	122.20x	3.48x
NII (times)	25.65x	1.49x
Big NII (times)	30.02x	1.27x
Small NII (times)	16.91x	1.95x
RII (times)	3.21x	1.88x
Employee (times)	2.74x	1.34x
Other (times)
Total (times)	41.69x	2.24x

Compare with others

Cello World Limited IPO	Fedbank Financial Services IPO
IREDA IPO	Happy Forgings IPO
Fedbank Financial Services IPO	Muthoot Microfin IPO
Gandhar Oil Refinery India IPO	DOMS IPO
ASK Automotive IPO	Flair Writing IPO
ESAF Small Finance Bank IPO	IREDA 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	Cello World Limited IPO
Plaza Wires IPO	Mamaearth IPO

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