Frog Cellsat IPO: GMP, Price, Dates, Issue Size

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Frog Cellsat IPO is engaged in manufacturing of telecom equipment used by telecom operators especially in Telecom Towers.   

Frog Cellsat IPO – Overview    

IPO Dates  29th  sept- 4th Oct 2022. 
IPO Price  INR 102 per share  
Fresh issue  4,075,200 shares (INR 41.57crore)  
Offer For Sale  Nil 
Total IPO size  4,075,200 shares (INR 41.57 crore)  
Minimum bid (lot size)  1200 shares 
Face Value   INR 10 per share  
Retail Allocation  35%  
Listing On  NSE Emerge 
Ducol Organics IPO: GMP, Price, Dates, Issue size

Frog Cellsat IPO -Tentative Dates           

IPO Offer Opening Date  29 September 2022 
IPO Closing Date  4 October 2022  
Finalisation of Basis of Allotment  10 October 2022  
Initiation of refunds  11 October 2022  
Transfer of shares to demat accounts  12 October 2022  
IPO Listing Date  13 October 2022 
Opening Price on NSE SME  Coming soon  
Closing Price on NSE SME  Coming soon 

Company Overview 

  • 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 Strengths

  • 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 

  • Financing the expenditure for Business Expansion. 
  • General Corporate Purpose. 
  • To meet issue expenses. 

Company Financials

Particulars          31-March-22 31-June-21 31-Mar-20 
Total Assets          9724.63 9285.27 8728.53 
Total Revenue          13529.24 12939.84 8850.61 
Profit After Tax          1433.76 1425.76 139.12 

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/ 

Registrar 

Skyline Financial Services Private Ltd 
 
Phone: 02228511022 
Email: ipo@skylinerta.com 
Website: https://www.skylinerta.com/ 

Lead Manager(s) 

  1. Sarthi Capital Advisors Private Limited (Past IPO Performance) 

Lead Manager Reports 

  • IPO Lead Manager Performance Summary 
  • IPO Lead Manager Performance Tracker 

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