Cell Point (India) IPO vs Kore Digital IPO

Comparision between Cell Point (India) IPO and Kore Digital IPO.

IPO Details

Cell Point (India) IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Kore Digital IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	Cell Point (India) IPO	Kore Digital IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	First Overseas Capital Limited	First Overseas Capital Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Nnm Securities Private Limited	Nnm Securities 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 Cell Point (India) IPO is up to ₹50.34 Cr whereas the issue size of the Kore Digital IPO is up to ₹18.00 Cr. The final issue price of Cell Point (India) IPO is ₹100.00 per share and of Kore Digital IPO is ₹180.00 per share.

	Cell Point (India) IPO	Kore Digital IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹100.00 per share	₹180.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	800 shares
Fresh Issue Size	50,34,000 shares	10,00,000 shares
Fresh Issue Size (Amount)	up to ₹50.34 Cr	up to ₹18.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	50,34,000 shares	10,00,000 shares
Issue Size Total (Amount)	up to ₹50.34 Cr	up to ₹18.00 Cr

IPO Timetable

Cell Point (India) IPO opens on Jun 15, 2023, while Kore Digital IPO opens on Jun 02, 2023. The closing date of Cell Point (India) IPO and Kore Digital IPO is Jun 20, 2023, and Jun 07, 2023, respectively.

	Cell Point (India) IPO	Kore Digital IPO
Anchor Bid Date
Issue Open	Jun 15, 2023	Jun 02, 2023
Issue Close	Jun 20, 2023	Jun 07, 2023
Basis Of Allotment (Tentative)	Jun 23, 2023	Jun 12, 2023
Initiation of Refunds (Tentative)	Jun 26, 2023	Jun 13, 2023
Credit of Share (Tentative)	Jun 27, 2023	Jun 14, 2023
Listing date (Tentative)	Jun 28, 2023	Jun 14, 2023
Anchor Lockin End date 1	Jul 23, 2023	Jul 12, 2023
Anchor Lockin End date 2	Sep 21, 2023	Sep 10, 2023

Financials

Cell Point (India) IPO P/E ratio is 24.1, as compared to Kore Digital IPO P/E ratio of 17.86.

Cell Point (India) IPO

Kore Digital IPO

Financial

Cell Point (India) Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	5,585.12	27,811.89	159.97	1,102.20	988.44
31-Mar-21	6,530.63	22,356.02	69.11	1,171.31	1,057.55
31-Mar-22	8,270.46	27,004.43	164.63	1,335.94	1,222.18
31-Dec-22	9,064.19	22,167.60	580.96	1,916.94	551.78
Amount in ₹ Lakhs

Kore Digital Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	188.66	87.61	1.82	8.21	7.21
31-Mar-21	584.81	397.90	25.93	34.14	33.14	21.96
31-Mar-22	1,441.57	1,694.45	217.97	252.11	251.11	17.72
31-Dec-22	1,573.07	1,195.71	253.92	506.02	254.02	184.18
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

99.70%

Promoter Shareholding (Post-Issue)

73.06%

71.38%

P/E Ratio

24.1

17.86

Market Cap

₹186.86 Cr.

₹63.36 Cr.

ROE

0.67%%

ROCE

0.49%%

Debt/Equity

0.36

EPS

₹11.60

₹10.08

RoNW

10.55%%

50.18%%

Shares Offered

In the Cell Point (India) IPO retail investors (RII) are offered 23,91,000 shares while in Kore Digital IPO retail investors are offered 23,91,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Cell Point (India) IPO and 0 shares in Kore Digital IPO.

	Cell Point (India) IPO	Kore Digital IPO
Anchor Investor Reserveration
Market Maker Reserveration	2,52,000 shares	52,000 shares
QIB	0 shares	0 shares
NII	23,91,000 shares	4,74,000 shares
RII	23,91,000 shares	4,74,000 shares
Employee	0 shares	0 shares
Others
Total	47,82,000 shares	9,48,000 shares

Bids Received (Subscription)

Cell Point (India) IPO subscribed 6.03x in total, whereas Kore Digital IPO subscribed 41.56x.

	Cell Point (India) IPO	Kore Digital IPO
QIB (times)
NII (times)	4.11x	49.67x
Big NII (times)
Small NII (times)
RII (times)	7.92x	33.26x
Employee (times)
Other (times)
Total (times)	6.03x	41.56x

Compare with others

Cell Point (India) IPO	Kore Digital IPO
Pentagon Rubber IPO	Cell Point (India) IPO
Kaka Industries IPO	Bizotic Commercial IPO
Aatmaj Healthcare IPO	Urban Enviro Waste Management IPO
Essen Speciality Films IPO	Cosmic CRF IPO
Vilin Bio Med IPO	Sonalis Consumer Products IPO
Bizotic Commercial IPO	Sahana System IPO
Urban Enviro Waste Management IPO	CFF Fluid Control IPO
Cosmic CRF IPO	Comrade Appliances IPO
Sonalis Consumer Products IPO	Infollion Research Services IPO
Kore Digital IPO	Proventus Agrocom IPO

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