Committed Cargo Care IPO vs Srivari Spices and Foods IPO

Comparision between Committed Cargo Care IPO and Srivari Spices and Foods IPO.

IPO Details

Committed Cargo Care IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Srivari Spices and Foods IPO is a SME Book Built Issue proposed to list at NSE SME.

	Committed Cargo Care IPO	Srivari Spices and Foods 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	GYR Capital Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Nikunj Stock Brokers 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 Srivari Spices and Foods IPO is up to ₹9.00 Cr. The final issue price of Committed Cargo Care IPO is ₹77.00 per share and of Srivari Spices and Foods IPO is ₹42.00 per share.

	Committed Cargo Care IPO	Srivari Spices and Foods IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹40.00 per share
Issue Price (Upper)		₹42.00 per share
Issue Price (Final)	₹77.00 per share	₹42.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	3000 shares
Fresh Issue Size	32,44,000 shares	21,42,000 shares
Fresh Issue Size (Amount)	up to ₹24.98 Cr	up to ₹9.00 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	32,44,000 shares	21,42,000 shares
Issue Size Total (Amount)	up to ₹24.98 Cr	up to ₹9.00 Cr

IPO Timetable

Committed Cargo Care IPO opens on Oct 06, 2023, while Srivari Spices and Foods IPO opens on Aug 07, 2023. The closing date of Committed Cargo Care IPO and Srivari Spices and Foods IPO is Oct 10, 2023, and Aug 09, 2023, respectively.

	Committed Cargo Care IPO	Srivari Spices and Foods IPO
Anchor Bid Date		Aug 04, 2023
Issue Open	Oct 06, 2023	Aug 07, 2023
Issue Close	Oct 10, 2023	Aug 09, 2023
Basis Of Allotment (Tentative)	Oct 13, 2023	Aug 14, 2023
Initiation of Refunds (Tentative)	Oct 16, 2023	Aug 16, 2023
Credit of Share (Tentative)	Oct 17, 2023	Aug 17, 2023
Listing date (Tentative)	Oct 18, 2023	Aug 18, 2023
Anchor Lockin End date 1	Nov 12, 2023	Sep 13, 2023
Anchor Lockin End date 2	Jan 11, 2024	Nov 12, 2023

Financials

Committed Cargo Care IPO P/E ratio is 10.94, as compared to Srivari Spices and Foods IPO P/E ratio of 9.59.

Committed Cargo Care IPO

Srivari Spices and Foods 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

Srivari Spices and Foods IPO Financial Information (Restated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	235.88	627.38	1,067.62	2,568.13
Revenue	19.05	1,139.90	1,764.21	3,582.01
Profit After Tax	-10.69	35.26	72.84	312.61
Net Worth	177.54	426.91	499.75	910.02
Reserves and Surplus	-10.69	24.57	97.41	410.02
Total Borrowing			277.39	1,283.51

Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

98.00%

99.90%

Promoter Shareholding (Post-Issue)

68.63%

P/E Ratio

10.94

9.59

Market Cap

₹83.23 Cr.

₹30.00 Cr.

ROE

18.48%%

44.35%%

ROCE

24.06%%

23.65%%

Debt/Equity

1.41

EPS

₹7.04

₹4.45

RoNW

18.48%%

24.79%%

Shares Offered

In the Committed Cargo Care IPO retail investors (RII) are offered 15,37,600 shares while in Srivari Spices and Foods IPO retail investors are offered 15,37,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in Committed Cargo Care IPO and 4,08,000 shares in Srivari Spices and Foods IPO.

	Committed Cargo Care IPO	Srivari Spices and Foods IPO
Anchor Investor Reserveration		6,06,000 shares
Market Maker Reserveration	1,64,800 shares	1,08,000 shares
QIB	0 shares	4,08,000 shares
NII	15,37,600 shares	3,06,000 shares
RII	15,37,600 shares	7,14,000 shares
Employee	0 shares	0 shares
Others
Total	30,75,200 shares	14,28,000 shares

Bids Received (Subscription)

Committed Cargo Care IPO subscribed 87.78x in total, whereas Srivari Spices and Foods IPO subscribed 450.03x.

	Committed Cargo Care IPO	Srivari Spices and Foods IPO
QIB (times)		79.10x
NII (times)	94.20x	786.11x
Big NII (times)
Small NII (times)
RII (times)	78.73x	517.95x
Employee (times)
Other (times)
Total (times)	87.78x	450.03x

Compare with others

Committed Cargo Care IPO	Srivari Spices and Foods IPO
Oriana Power IPO	Shri Techtex IPO
Innovatus Entertainment Networks IPO	Vinsys IT Services IPO
Shri Techtex IPO	Yasons Chemex Care IPO
Vinsys IT Services IPO	Committed Cargo Care IPO
Yasons Chemex Care IPO	Khazanchi Jewellers IPO
Khazanchi Jewellers IPO	Asarfi Hospital IPO
Srivari Spices and Foods IPO	Service Care IPO
Asarfi Hospital IPO	Ahasolar Technologies IPO
Service Care IPO	Drone Destination IPO
Ahasolar Technologies IPO	AccelerateBS India IPO

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