Cargotrans Maritime IPO vs Swastik Pipe IPO

Comparision between Cargotrans Maritime IPO and Swastik Pipe IPO.

IPO Details

Cargotrans Maritime IPO is a SME Book Built Issue IPO proposed to list at BSE SME while Swastik Pipe IPO is a SME Book Built Issue proposed to list at NSE SME.

	Cargotrans Maritime IPO	Swastik Pipe IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	BSE SME	NSE SME
Lead Managers	Hem Securities Limited	Corporate Capitalventures Pvt Ltd
Registrar	Bigshare Services Pvt Ltd	Skyline Financial Services Private Ltd
Market Maker
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 Cargotrans Maritime IPO is up to ₹4.86 Cr whereas the issue size of the Swastik Pipe IPO is up to ₹62.52 Cr. The final issue price of Cargotrans Maritime IPO is ₹45.00 per share and of Swastik Pipe IPO is ₹100.00 per share.

	Cargotrans Maritime IPO	Swastik Pipe IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹97.00 per share
Issue Price (Upper)		₹100.00 per share
Issue Price (Final)	₹45.00 per share	₹100.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	10,80,000 shares	62,52,000 shares
Fresh Issue Size (Amount)	up to ₹4.86 Cr	up to ₹62.52 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	10,80,000 shares	62,52,000 shares
Issue Size Total (Amount)	up to ₹4.86 Cr	up to ₹62.52 Cr

IPO Timetable

Cargotrans Maritime IPO opens on Sep 27, 2022, while Swastik Pipe IPO opens on Sep 29, 2022. The closing date of Cargotrans Maritime IPO and Swastik Pipe IPO is Sep 29, 2022, and Oct 03, 2022, respectively.

	Cargotrans Maritime IPO	Swastik Pipe IPO
Anchor Bid Date
Issue Open	Sep 27, 2022	Sep 29, 2022
Issue Close	Sep 29, 2022	Oct 03, 2022
Basis Of Allotment (Tentative)	Oct 04, 2022	Oct 07, 2022
Initiation of Refunds (Tentative)	Oct 06, 2022	Oct 10, 2022
Credit of Share (Tentative)	Oct 07, 2022	Oct 11, 2022
Listing date (Tentative)	Oct 10, 2022	Oct 12, 2022
Anchor Lockin End date 1	Nov 03, 2022	Nov 06, 2022
Anchor Lockin End date 2	Jan 02, 2023	Jan 05, 2023

Financials

Cargotrans Maritime IPO P/E ratio is 7.77, as compared to Swastik Pipe IPO P/E ratio of 11.38.

Cargotrans Maritime IPO

Swastik Pipe 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

Swastik Pipe Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-19	35607.65	72756.38	467.97	9370.13	8450.03
31-Mar-20	33650.76	65807.21	-1389.25	7980.91	7060.78
31-Mar-21	33625.88	52383.88	148.64	8129.51	7209.42
31-Mar-22	34127.21	61219.77	2041.11	14169.42	12471.47
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100%

88.27%

Promoter Shareholding (Post-Issue)

73.53%

64.51%

P/E Ratio

7.77

11.38

Market Cap

₹18.36 Cr.

₹232.32 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 Swastik Pipe IPO retail investors are offered 5,10,000 shares. Qualified institutional buyers (QIB) are offered in Cargotrans Maritime IPO and in Swastik Pipe IPO.

	Cargotrans Maritime IPO	Swastik Pipe IPO
Anchor Investor Reserveration
Market Maker Reserveration	60,000 shares	3,14,400 shares
QIB
NII	5,10,000 shares	29,68,800 shares
RII	5,10,000 shares	29,68,800 shares
Employee
Others
Total	10,20,000 shares	59,37,600 shares

Bids Received (Subscription)

Cargotrans Maritime IPO subscribed 148.25x in total, whereas Swastik Pipe IPO subscribed 1.35x.

	Cargotrans Maritime IPO	Swastik Pipe IPO
QIB (times)
NII (times)	129.63x	1.37x
Big NII (times)
Small NII (times)
RII (times)	166.86x	1.33x
Employee (times)
Other (times)
Total (times)	148.25x	1.35x

Compare with others

Cargotrans Maritime IPO	Swastik Pipe IPO
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Swastik Pipe IPO	Vital Chemtech IPO
Trident Lifeline IPO	Phantom Digital Effects IPO
Steelman Telecom IPO	Frog Cellsat IPO
Reetech International Cargo IPO	Pace E-Commerce Ventures IPO
Vedant Asset IPO	Trident Lifeline IPO
Cargosol Logistics IPO	Steelman Telecom IPO
Silicon Rental Solutions IPO	Reetech International Cargo IPO
Lloyds Luxuries IPO	Cargotrans Maritime IPO
Concord Control Systems IPO	Vedant Asset IPO

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