Frog Cellsat IPO vs Pace E-Commerce Ventures IPO

Comparision between Frog Cellsat IPO and Pace E-Commerce Ventures IPO.

IPO Details

Frog Cellsat IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Pace E-Commerce Ventures IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Frog Cellsat IPO	Pace E-Commerce Ventures IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	Sarthi Capital Advisors Private Limited	Interactive Financial Services Ltd
Registrar	Skyline Financial Services Private Ltd	Bigshare Services Pvt Ltd
Market Maker	Ss Corporate 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 Frog Cellsat IPO is up to ₹41.57 Cr whereas the issue size of the Pace E-Commerce Ventures IPO is up to ₹66.53 Cr. The final issue price of Frog Cellsat IPO is ₹102.00 per share and of Pace E-Commerce Ventures IPO is ₹103.00 per share.

	Frog Cellsat IPO	Pace E-Commerce Ventures IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹97.00 per share
Issue Price (Upper)	₹102.00 per share
Issue Price (Final)	₹102.00 per share	₹103.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	40,75,200 shares	40,00,000 shares
Fresh Issue Size (Amount)	up to ₹41.57 Cr	up to ₹41.20 Cr
OFS Issue Size		24,59,600 shares
OFS Issue Size (Amount)		up to ₹25.33 Cr
Issue Size Total	40,75,200 shares	64,59,600 shares
Issue Size Total (Amount)	up to ₹41.57 Cr	up to ₹66.53 Cr

IPO Timetable

Frog Cellsat IPO opens on Sep 29, 2022, while Pace E-Commerce Ventures IPO opens on Sep 29, 2022. The closing date of Frog Cellsat IPO and Pace E-Commerce Ventures IPO is Oct 04, 2022, and Oct 13, 2022, respectively.

	Frog Cellsat IPO	Pace E-Commerce Ventures IPO
Anchor Bid Date
Issue Open	Sep 29, 2022	Sep 29, 2022
Issue Close	Oct 04, 2022	Oct 13, 2022
Basis Of Allotment (Tentative)	Oct 10, 2022	Oct 18, 2022
Initiation of Refunds (Tentative)	Oct 11, 2022	Oct 19, 2022
Credit of Share (Tentative)	Oct 12, 2022	Oct 20, 2022
Listing date (Tentative)	Oct 13, 2022	Oct 20, 2022
Anchor Lockin End date 1	Nov 09, 2022	Nov 17, 2022
Anchor Lockin End date 2	Jan 08, 2023	Jan 16, 2023

Financials

Frog Cellsat IPO P/E ratio is 10.93, as compared to Pace E-Commerce Ventures IPO P/E ratio of 429.16.

Frog Cellsat IPO

Pace E-Commerce Ventures IPO

Financial

Frog Cellsat Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	8728.53	8850.61	139.12	4531.79	4526.79
31-Mar-21	9285.27	12939.84	1425.76	5957.55	5952.55
31-Mar-22	9724.63	13529.24	1433.76	6896.18	6891.18
Amount in ₹ Lakhs

Pace E-Commerce Ventures Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	157.97	150.42	0.34	7.24	6.24
31-Mar-21	2786.01	171.89	7.18	2595.32	6.24
31-Mar-22	3241.71	1054.15	54.12	2649.44	817.54
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

91.12%

Promoter Shareholding (Post-Issue)

73.49%

65%

P/E Ratio

10.93

429.16

Market Cap

₹156.83 Cr.

₹232.10 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Frog Cellsat IPO retail investors (RII) are offered 13,56,000 shares while in Pace E-Commerce Ventures IPO retail investors are offered 13,56,000 shares. Qualified institutional buyers (QIB) are offered 19,34,400 shares in Frog Cellsat IPO and in Pace E-Commerce Ventures IPO.

	Frog Cellsat IPO	Pace E-Commerce Ventures IPO
Anchor Investor Reserveration	11,59,200 shares
Market Maker Reserveration	2,04,000 shares	3,32,400 shares
QIB	19,34,400 shares
NII	5,80,800 shares	30,63,600 shares
RII	13,56,000 shares	30,63,600 shares
Employee
Others
Total	38,71,200 shares	61,27,200 shares

Bids Received (Subscription)

Frog Cellsat IPO subscribed 21.06x in total, whereas Pace E-Commerce Ventures IPO subscribed 1.14x.

	Frog Cellsat IPO	Pace E-Commerce Ventures IPO
QIB (times)	5.36x
NII (times)	70.94x	1.72x
Big NII (times)
Small NII (times)
RII (times)	22.10x	0.55x
Employee (times)
Other (times)
Total (times)	21.06x	1.14x

Compare with others

Frog Cellsat IPO	Pace E-Commerce Ventures IPO
Rite Zone Chemcon IPO	Integrated Personnel Services IPO
Integrated Personnel Services IPO	Technopack Polymers IPO
Technopack Polymers IPO	Vital Chemtech IPO
Vital Chemtech IPO	Phantom Digital Effects IPO
Phantom Digital Effects IPO	Frog Cellsat IPO
Pace E-Commerce Ventures IPO	Swastik Pipe IPO
Swastik Pipe IPO	Trident Lifeline IPO
Trident Lifeline IPO	Steelman Telecom IPO
Steelman Telecom IPO	Reetech International Cargo IPO
Reetech International Cargo IPO	Cargotrans Maritime IPO

1 Comments

1. Vijay

| Link|June 12, 2023 1:04:22 AMReply

Best sme konsa hai