IPO Issue Details
Issue Price / Price Band₹102 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size40,75,200 shares (aggregating up to ₹41.57 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 29 Sep 2022
Subscription CloseTue, 04 Oct 2022
Anchor AllotmentWed, 28 Sep 2022
Basis of AllotmentMon, 10 Oct 2022
Initiation of RefundsTue, 11 Oct 2022
Credit of Shares to DematWed, 12 Oct 2022
Listing DateThu, 13 Oct 2022
UPI Mandate Deadline2022-10-04
Application & Investment Details
Retail — Min (1 Lots)₹1,22,400 — 1,200 shares
Retail — Max (13 Lots)₹1,591,200 (13 Lots)
HNI — Min (2 Lots)₹2,44,800 — 2,400 shares
P/E Ratio (Pre-IPO)10.93x
Net Offer to Public38,71,200 shares (aggregating up to ₹39.49 Cr)
Reserved for Market Maker2,04,000 shares (aggregating up to ₹2.08 Cr)
Pre-IPO Promoter Holding1,13,00,000 shares
Post-IPO Promoter Holding1,53,75,200 shares
About Frog Cellsat Ltd.
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.
Objects of the Issue
Frog Cellsat Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To part finance the expansion project
30.25
2
2 General Corporate Purposes
8.31
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,13,00,000 shares
Post-IPO Promoter Holding
1,53,75,200 shares