Select Page

Frog Cellsat IPO Details

Frog Cellsat IPO Details

Incorporated in July 2004, Frog Cellsat Limited engaged in manufacturing of telecom equipment’s used by telecom operator’s especially in Telecom Towers. They manufacture

  • 2G/3G/4G Multi-band Digital RF Repeaters,
  • Multi-band Frequency Shift Repeater,
  • Multi-band Optical DAS system, relative software and accessories.

They also offer In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. Company is providing its products and services across Asia, Europe, Africa, and the Middle East.

Objective of the issue

The objects of the Offer are-

1. To part finance the expansion project.

2. General Corporate Purposes.

3. Issue Expenses.

Financial Highlights

YEARFY 2022FY 2021FY 2020
Total Assets9724.639285.278728.53
Net Worth6896.185957.554531.79
Total Revenue13529.2412939.848850.61
Profit After Tax1433.761425.76139.12
Earning Per share (in Rs)2656.482851.53278.23
(Amount in Rs Lakhs)

Frog cellsat IPO – Details

According to the DRHP filed by the company with SEBI, they are planning to raise about Rs 41.57 crores through this public issue. IPO opens on September 29 and closes on October 4, 2022.

Issue TypeBook Built Issue IPO
IPO Price Rs 97 to Rs 102 per share
Face ValueRs 10 per share
Market Lot1200 shares
Issue size4,075,200 shares of Rs 10 (Aggregating up to Rs 41.57 Cr)
Fresh Issue4,075,200 shares of Rs 10 (Aggregating up to Rs 41.57 Cr)
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
Listing AtNSE SME
PromotersMr. Konark Trivedi
Star Private Trust

Important dates for Frog cellsat IPO

IPO opens onSep 29, 2022
IPO close onOct 4, 2022
Basis of Allotment publication dateOct 10, 2022
Credit of shares to Demat AccountOct 12, 2022
Initiation of RefundOct 11, 2022
IPO listingOct 13, 2022

Also read: Electronic Mart India IPO details?

Lot Size of Frog cellsat IPO

ApplicationLotsSharesAmount
Retail (Min)11200Rs 1,22,400
Retail (Max)11200Rs 1,22,400

Promoters Holding

Pre Issue Share Holding99.99%
Post Issue Share Holding73.49%

Frog cellsat IPO – SWOT Analaysis

STRENGHTS

  1.  Over 17 years of experience in the industry.
  2.  Well established competitive product and price.
  3.  Deep engagements with Large OEM’s with long track record.
  4.  Large Sales and services team spread across India available 24 x 7.

WEAKNESS

  1.  Company might miss the scale of production arising out of any surge in sudden demand due to small size of the company.
  2.  Lower bargaining power with suppliers because of size and availability of and funds.

OPPORTUNITY

  1. Rising Internet Penetration: Internet penetration is expected to grow steadily and is likely to be bolstered by Government policy.
  2. Increasing mobile subscribers: India’s mobile subscriber base is expected to reach 1,420 million by 2024 from 1,200 million in 2018.
  3. Untapped Rural Market: Over 62,443 uncovered villages in India will be provided with village telephone facility with subsidy support from the governments.
  4. Post frequency allocation of 5G operators will race for fast roll out.
  5. In the international market, Optical DAS, Digital Repeater, Cavity Filters, IBS Accessories, Jumpers & Small Cell Antenna have big potential.

THREATS

  1.  Fast changing technology is big threat as it needs constant investment in new technology and/or upgrade.
  2.  Large dumping of Chinese product in the global markets might impact sale of the company.

Miscellaneous Information

Download Prospectus (PDF)Frog cellsat IPO DRHP
Frog cellsat RHP
Company Contact InformationFrog Cellsat Limited
Office No. 406,
D-35 Third Floor Old Plot No. 2-A,
Laxmi Nagar Delhi East, Delhi 110092
Phone: 120-4859650
Email: [email protected]
Websitehttps://www.frogcellsat.com/
IPO RegistrarSkyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Websitehttps://www.skylinerta.com/
IPO Lead Manager(s)Sarthi Capital Advisors Private Limited

FAQ’s

The lot size 0f Frog Cellsat Limited IPO is 1200 shares.

Oct 4, 2022 is the allotment date of Frog Celllsat Limited IPO.

Click here for more FAQs.

Leave a reply

Your email address will not be published. Required fields are marked *

Current IPO (Main Board)

Issuer CompanyOpenClose
Tata Technologies Ltd.--
Plaza Wires Ltd.29-Sep-234-Oct-23
27-Sep-233-Oct-23
Updater Services Ltd.25-Sep-2327-Sep-23
JSW Infrastructure ltd.25-Sep-2327-Sep-23
22-Sep-2326-Sep-23
20-Sep-2322-Sep-23
20-Sep-2322-Sep-23
Yatra Online Ltd.15-Sep-2320-Sep-23
14-Sep-2318-Sep-23

SME IPO

Issuer CompanyOpenClose
Rajgor Castor Derivatives Ltd.17-Oct-2320-Oct-23
WomanCart Ltd.16-Oct-2318-Oct-23
12-Oct-2316-Oct-23
Committed Cargo Care Ltd.6-Oct-2310-Oct-23
29-Sep-234-Oct-23
Karnika Industries Ltd.29-Sep-234-Oct-23
Plada Infotech Services Ltd.29-Sep-234-Oct-23
29-Sep-234-Oct-23
29-Sep-234-Oct-23
Vivaa Tradecom Ltd.27-Sep-234-Oct-23

RECENT COMMENT