Chittorgarh.com Logo
Loading...

Frog Cellsat Limited IPO (Frog Cellsat IPO) Detail

Sep 29, 2022 - Oct 4, 2022

Incorporated 2004, Frog Cellsat Limited is engaged in manufacturing of telecom equipment used by telecom operators especially in Telecom Towers. The company manufactures 2G/3G/4G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeater, Multi-band Optical DAS system, relative software and accessories.

The company offers services such as Installation and Roll-out Services, Network Maintenance Services and Installation and Roll-out Services.

Frog Cellsat Limited has two production unit one is located in Noida and second one is in located in Dehradun. The company's design, development, manufacturing, and quality control processes are ISO 9001:2015 certified.

Frog Cellsat Limited is providing its products and services across Asia, Europe, Africa, and the Middle East.

Competitive Strength :

  • Leveraging the experience of our Promoters and management.
  • Quality Product at Competitive Price.
  • In House R&D Facility.
  • Strong Sales and Service Team.

Company Financials

Frog Cellsat Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-208728.538850.61139.124531.794526.79
31-Mar-219285.2712939.841425.765957.555952.55
31-Mar-229724.6313529.241433.766896.186891.18
Amount in ₹ Lakhs

Objects of the Issue

The objects of the Offer are:-

1. To part finance the expansion project.

2. General Corporate Purposes.

3. Issue Expenses.

Frog Cellsat IPO Details

IPO Date Sep 29, 2022 to Oct 4, 2022
Listing Date Thursday, October 13, 2022
Face Value ₹10 per share
Price ₹97 to ₹102 per share
Lot Size 1200 Shares
Issue Size4,075,200 shares of ₹10
(aggregating up to ₹41.57 Cr)
Fresh Issue4,075,200 shares of ₹10
(aggregating up to ₹41.57 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
QIB Shares OfferedNot more than 50% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
Company Promoters

Mr. Konark Trivedi and Star Private Trust are the company promoters.

Frog Cellsat IPO Tentative Timetable

Frog Cellsat IPO opens on Sep 29, 2022, and closes on Oct 4, 2022. The Frog Cellsat IPO bid date is from Sep 29, 2022 10.00 A.M. to Oct 4, 2022 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Sep 29, 2022
Closing Date Oct 4, 2022
Basis of Allotment Oct 10, 2022
Initiation of Refunds Oct 11, 2022
Credit of Shares to Demat Oct 12, 2022
Listing Date Oct 13, 2022

Frog Cellsat IPO Lot Size

The Frog Cellsat IPO lot size is 1200 shares. A retail-individual investor can apply for up to 1 lots (1200 shares or ₹122,400).

Application Lots Shares Amount
Retail (Min) 1 1200 ₹122,400
Retail (Max) 1 1200 ₹122,400
S-HNI (Min) 2 2,400 ₹244,800

Frog Cellsat IPO Promoter Holding

Pre Issue Share Holding 99.99%
Post Issue Share Holding 73.49%

Frog Cellsat IPO Review

The company was listed on NSE Emerge ITP from 2014 to 2018 and was delisted due to falling business. As claimed by the management, it has now revamped its products and gained momentum with blue-chip customers, and is on a fast-forward mode. Risk seeker/cash surplus investors may consider an investment with a long-term perspective. Read detail review...


Frog Cellsat IPO Subscription Status (Bidding Detail)

The Frog Cellsat IPO is subscribed 21.06 times on Oct 4, 2022 7:00:00 PM. The public issue subscribed 22.10 times in the retail category, 5.36 times in the QIB category, and 70.94 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB5.36
NII70.94
Retail22.10
Total21.06

Frog Cellsat IPO Prospectus

Frog Cellsat IPO Rating

171
3.8
Rating:Rated 3.8 stars
Vote Here ...

Frog Cellsat IPO Listing Date

Listing Date Thursday, October 13, 2022
BSE Script Code
NSE Symbol FROG
Listing In ST Group of Securities
ISIN INE385O01018
IPO Price ₹102 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
₹102.00
₹177.00
₹168.15
₹185.85
₹185.80

Company Contact Information

Frog Cellsat Limited
Office No. 406,
D-35 Third Floor Old Plot No. 2-A,
Laxmi Nagar Delhi East, Delhi 110092
Phone: 120-4859650
Email: CS@frogcellsat.com
Website: https://www.frogcellsat.com/

Frog Cellsat IPO Registrar

Skyline Financial Services Private Ltd

Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/

Frog Cellsat IPO Review

Frog Cellsat IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 4 1 1

Read All Reviews Post Your Review Manage Reviews


IPO Broker Recommendations

Frog Cellsat IPO FAQs

Frog Cellsat IPO is a SME IPO of 4,075,200 equity shares of the face value of ₹10 aggregating up to ₹41.57 Crores. The issue is priced at ₹97 to ₹102 per share. The minimum order quantity is 1200 Shares.

The IPO opens on Sep 29, 2022, and closes on Oct 4, 2022.

Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Frog Cellsat IPO using UPI as a payment gateway. Zerodha customers can apply in Frog Cellsat IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Frog Cellsat IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Frog Cellsat IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Frog Cellsat IPO opens on Sep 29, 2022 and closes on Oct 4, 2022.

Frog Cellsat IPO lot size is 1200 Shares and the minimum order quantity is .

You can apply in Frog Cellsat IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Frog Cellsat IPO will be done on Oct 10, 2022, and the allotted shares will be credited to your demat account by Oct 12, 2022. Check the Frog Cellsat IPO allotment status.

The Frog Cellsat IPO listing date is on Thursday, October 13, 2022.
Open an Instant Account with Zerodha

Frog Cellsat IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Most Liked Members

Loading...

412 Comments

183. AAvi |   Link |Nov 9, 2022 1:59:52 PM
Long jump by FROG.....
182. Bull Morris |   Link |Oct 19, 2022 4:05:19 PM
Friends
I have not applied for Frog sellcast Ltd
181. Bull Morris |   Link |Oct 19, 2022 3:47:15 PM
Friends
I have allotted 1 slot of EMI ipo.
180. Ajitkumar |   Link |Oct 18, 2022 10:50:21 AM
When will this come out of t2t
180.1. AAvi |   Link |Oct 18, 2022 7:56:00 PM
After 10 working days
179. NDN FINANCIAL SERVICES |   Link |Oct 17, 2022 2:08:07 PM
https://frogcellsat.com/img/expo2.jpg

see this link defense sector involvement
178. NDN FINANCIAL SERVICES |   Link |Oct 17, 2022 1:59:28 PM
very good company soon its go @ 300 +++++
also involved in defense sector

see its website also take part in defense expo 2022 stall no 11s at gandhi nagar, gujarat

177. Ajitkumar |   Link |Oct 15, 2022 5:05:55 PM
Huge buying by hni in last 2 days maybe 1 more upper circuit on Monday
176. Always Right |   Link |Oct 14, 2022 7:46:07 PM
Very good company, why in SME is the question it should be on regular platfrom.
175. Maria |   Link |Oct 14, 2022 2:46:37 PM
Looking to the today's volume & price activities this stock may also follow the Cyber media pattern. Most of the retailers may have sold their shares with good returns and HNI/ Operators may have acquired it. Let's see.
174. Chapu |   Link |Oct 14, 2022 9:26:08 AM
Can someone please tell what are the rules of selling the sme shares after buying on listing day. Can it be sold anytime after the buying day? Or is there some penalty? 🙏
173. Hamsa |   Link |Oct 13, 2022 2:17:49 PM
@AMAN @DEPS : I am not interested to open my identity like other big hni in this platform. I don't care what you people think but If you are gaining sufficient profit, sell it out and buy again when performance in another 2 quarter comes really good. At that time, even if you buy at high price but it will be a long term growth story.

Most SME already sucked juice in the price ts only IPO hype that we are getting such listing gains. Its a BUBBLE and it will burst soon or later. Unrealistic premiums for such new companies, I dont understand WTF SEBI is doing.

There is no control on price mechanism and promotors are brining IPO with not a single penny investments.

I will soon bring my IPO next year...................1rs wala stock 120 mai bechunga.......bahut C bhare huae hai, lene wale.
-----------------------------------------------------------------------
Very simple SME holding formula is

PE must be 10~15 - compare with industry PE
ROE 15% +
Revenue Should increase 30% year on year *(Small cap case)

If so, can hold and average out......as liquidity dries by time. I had sold my KN AGRI and KRISHA at good price.......thereafter it ran 30% more and now trading 30% down than the price I sold

Thats what my experience is.

Can you trust JAYANT / EMPERYL / CYBER / SAILANI :- Its all bullshit stories. I never like to go against my conviction. Money is not that important for me.
I hardly spend 2% of my Income on myself and donate 5% of my Income separately

Now you say, why I am telling you about DONATION, its kinda SHOW OFF.
No its not, but I want you also to donate 5% of your income to poor n needy (Old/handicapped/orphans/widows/sick). ...... As its all about our KARMA. Keep doing good KARMA if you are capable. Its a seed and one day / one life....you will enjoy fruits of tree.

Everyday morning when you wake up from your bed, don't first put your feet on earth but touch the mother earth with hand to get its blessing first.

FINALLY I want some new investors not to hold BULLSHITS in hope of extraordinary returns..........as 2023 going to be WORST YEAR for stock market, considering worldwide bad economy and Indian election coming soon. Rupee going to fall further , Oil will be expensive, exports will be less in volume due to lack luster demand.

Market always runs 6 month ahead and you have to think 1 year ahead view about broader market.

Thanks for hearing my lecture.
173.3. Aman Ipo |   Link |Oct 13, 2022 4:47:57 PM
I agree fully with Lokes.
I don't think Indian markets will fall much. It will continue to outperform world markets. If world markets fall further than we can also fall a bit but fall would definitely be much less than rest of the world and would be a great buying opportunity.

As far as Sme's are concerned, I am even more bullish as it is now only that people are coming to know about sme's and participation is increasing day by day. Still as a percentage very few people have come into sme's and it would increase exponentially over next few months or 1-2 years and after that only one can expect a steep fall(or a crash) when most participants would have put their hands in this. As of now, I understand that last 2 months have been great for sme's but it is no where close to a bubble. Bubble will definitely form over time and then only it can burst. Anyways, till the time people are skeptical, markets won't fall much.
173.4. Hamsa |   Link |Oct 13, 2022 9:55:36 PM
Dear AMAN.........

Long term view is bullish.......I am only talking about 2023. One time market will correct heavily. Company balance sheet / liquidity / currency / election......will will give adverse effect.

Btw so many SME are in market and you must know, lots of fraud will be in SME also. I am worried about their HIGHER VALUATIONS .....nothingelse.

So due to hype in market, don't buy / hold "EXPENSIVE" SME stocks.....in short/medium term, its not so beneficial.

Just tell me single good reason about JAYANT / EMPERYL / SAILANI going so up ?

In CYBER it was not subscribed well @180 and now there is upper circuit @280

How can you justify it ?

I just use my common sense and I am not so bullish in short term until 2024 elections.

172. Ajitkumar |   Link |Oct 13, 2022 9:39:42 PM
Any bulk deal today?
171. abc xyz |   Link |Oct 13, 2022 7:08:05 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Looking to the fundamentals of the company and being in Telecom sector my conservative target ( if market don't fall abruptly) within 3-6 months is 260-290. Let's see.
No recommendation for this.
170. Maria |   Link |Oct 13, 2022 3:10:00 PM
Those who have not sold this Frog cell may be happy as it's touched 185.40 and likely to touch the Higher ckt. This may be beneficiaries due to 5G . Risk takers may hold it tight for higher gain.
169. Rohan Bajaj |   Link |Oct 13, 2022 3:00:20 PM
Just after I sold 1lot @ 170, stock hits UC. Bad luck
168. Hamsa |   Link |Oct 13, 2022 1:48:59 PM
@Deps

I will apply Huge application but only for listing gain. I will not hold it at all.
167. opchachan |   Link |Oct 13, 2022 11:10:48 AM
QIB sell stocks on listing day?
167.6. Hamsa |   Link |Oct 13, 2022 12:51:44 PM
ANCHOR investors can't sell but other QIB can sell
167.7. Hamsa |   Link |Oct 13, 2022 1:47:43 PM
@AMAN : I will sell CONCORD very soon. LONG TERM holding is different thing. I am not saying about LONG TERM HOLDING. As soon has sign of HYPE will go down, I will exit.........as yesterday I exit from STEELMAN for time being. I will buy it again......If it crosses 200 or goes down below 150
166. Hamsa |   Link |Oct 13, 2022 1:02:53 PM
I had allotment

INSOLATION - HOLDING
CARGOTRANS - SOLD
CARGOSOL - SOLD 70%
FROG - SOLD
STEELMAN - SOLD
ANNPURNA - SOLD
CONCORD - HOLDING
PHANTOM - 100% WILL SELL ON LISTING
VEDANT - SOLD

*So if I get so many allotment in each IPO means I am applying in good HNI category.
166.3. Deps |   Link |Oct 13, 2022 1:22:36 PM
Tell your phantom HNI lot
166.4. Aman Ipo |   Link |Oct 13, 2022 1:38:51 PM
@Deps
He will never tell you that because what if in BOA you find out that nobody has made a bid for that many lots.
165. Silent lion |   Link |Oct 13, 2022 12:48:22 PM
Dnt hurry.... Will It self Today closeing is 175 near
164. ipostudy |   Link |Oct 13, 2022 12:10:34 PM
dont sell ..towards to UC today ..no panic
164.1. ipostudy |   Link |Oct 13, 2022 12:30:19 PM
17cr sold already today out of 21 cr