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Frog Cellsat IPO is a Book Building IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Telecom sector. Sarthi Capital Advisors is the merchant banker of Frog Cellsat IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 23rd September 2022.
Frog Cellsat IPO open date is 29th September 2022 and close date is 4th October 2022. IPO Allotment Date is 10th October 2022 and Listing date is 13th October 2022.
IPO
Size:
₹ 41.57 Cr.
Avg IPO Size (Sector Based)
: ₹
31.39 cr.
Sector: Telecom
SME
IPO so far:
11
Merchant Banker:
Sarthi Capital
SME
IPO by BRLM so far:
48
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹
135.29
cr. 
PE
Ratio:
10.93x
Average Sector PE Ratio: 12.37x
Frog Cellsat IPO size is ₹ 41.57 Cr. with IPO price of ₹ 102.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Sarthi Capital Advisors Private Limited is the book-running lead manager of the Frog Cellsat IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is SS Corporate Securities Limited for Frog Cellsat IPO.
Frog Cellsat IPO anchor investors are the below investors. The number of anchor investors in this IPO is 2.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in ₹.) | Amount Invested (in ₹.) |
|---|---|---|---|
| Rajasthan Global Securities | 1,060,800.00 | ₹ 102.00 | ₹ 108,201,600.00 |
| Saint Capital Fund | 98,400.00 | ₹ 102.00 | ₹ 10,036,800.00 |
Frog Cellsat IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Frog Cellsat IPO, based in New Delhi, operates in the Telecom sector with a focus on Manufacture telecom equipment. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Frog Cellsat IPO size is ₹ 41.57 Cr. with fresh issue size of ₹ 41.57 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Frog Cellsat IPO is expected to be 10th October 2022, after the finalization of basis of allotment. Investors can check Frog Cellsat IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Frog Cellsat IPO refund dates are 11th October 2022.
Frog Cellsat IPO is expected to be listed on 13th October 2022.
The upper price band for the Frog Cellsat IPO is set at ₹ 102.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Frog Cellsat IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Frog Cellsat IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 4th October 2022. After submission, funds are blocked until the basis of allotment of Frog Cellsat IPO is finalised.
The merchant banker for Frog Cellsat IPO is Sarthi Capital Advisors Private Limited . Sarthi Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Frog Cellsat IPO RHP for further details.
The registrar for Frog Cellsat IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Frog Cellsat IPO through their official website or helpline.
Frog Cellsat IPO was subscribed 21.06 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 41.57 Cr.
Avg IPO Size (Sector Based)
:
₹ 31.39 Cr.
Sector: Telecom
SME
IPO so far:
11
Merchant Banker:
Sarthi Capital
SME
IPO by BRLM so far:
48
City:
New Delhi
SME
IPO so far:
152
Revenue (annualised):
₹ 132.94 cr.
PE
Ratio:
10.93x
Average Sector PE Ratio: 12.37x
Frog Cellsat IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Frog Cellsat Financial Review Page
Merchant Banker(s) of Frog Cellsat IPO: Sarthi Capital Advisors Private Limited
Frog Cellsat IPO subscription was 21.06 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Frog Cellsat IPO listed at a listing price of 185.80 against the offer price of 102.00.
The current market price of Frog Cellsat is 246.10.
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