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
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 8728.53 | 8850.61 | 139.12 | 4531.79 | 4526.79 |
| 31-Mar-21 | 9285.27 | 12939.84 | 1425.76 | 5957.55 | 5952.55 |
| 31-Mar-22 | 9724.63 | 13529.24 | 1433.76 | 6896.18 | 6891.18 |
| 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
| Frog Cellsat IPO Date | Sep 29, 2022 to Oct 4, 2022 |
| Frog Cellsat IPO Face Value | ₹10 per share |
| Frog Cellsat IPO Price | ₹97 to ₹102 per share |
| Frog Cellsat IPO Lot Size | 1200 Shares |
| Issue Size | 4,075,200 shares of ₹10 (aggregating up to ₹41.57 Cr) |
| Fresh Issue | 4,075,200 shares of ₹10 (aggregating up to ₹41.57 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| QIB Shares Offered | Not more than 50% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| Company Promoters | Mr. Konark Trivedi and Star Private Trust are the company promoters. |
Frog Cellsat IPO Timeline
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 | Date |
|---|---|
| Frog Cellsat IPO Opening Date | Sep 29, 2022 |
| Frog Cellsat IPO 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 |
| Frog Cellsat IPO 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 |
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 0.11 times on Sep 30, 2022 1:04:00 PM. The public issue subscribed 0.28 times in the retail category, 0.00 times in the QIB category, and 0.05 times in the NII category. Check Day by Day Subscription Details (Live Status) Reload Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 0.00 |
| NII | 0.05 |
| Retail | 0.28 |
| Total | 0.11 |
Frog Cellsat IPO Prospectus
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/