Comparison between Alpex Solar IPO and Harshdeep Hortico IPO.
Alpex Solar IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Harshdeep Hortico IPO is a SME Bookbuilding proposed to list at BSE SME.
| Alpex Solar IPO | Harshdeep Hortico IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Corporate Capitalventures Pvt.Ltd. | Hem Securities Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. |
| Market Maker | SS Corporate Securities Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Alpex Solar IPO is up to ₹70.79 Cr whereas the issue size of the Harshdeep Hortico IPO is up to ₹18.12 Cr. The final issue price of Alpex Solar IPO is ₹115.00 per share and of Harshdeep Hortico IPO is ₹45.00 per share.
| Alpex Solar IPO | Harshdeep Hortico IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹109.00 per share | ₹42.00 per share |
| Issue Price (Upper) | ₹115.00 per share | ₹45.00 per share |
| Issue Price (Final) | ₹115.00 per share | ₹45.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 61,56,000 shares | 40,26,000 shares |
| Fresh Issue Size (Amount) | up to ₹70.79 Cr | up to ₹18.12 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 61,56,000 shares | 40,26,000 shares |
| Issue Size Total (Amount) | up to ₹70.79 Cr | up to ₹18.12 Cr |
Alpex Solar IPO opens on Feb 08, 2024, while Harshdeep Hortico IPO opens on Jan 29, 2024. The closing date of Alpex Solar IPO and Harshdeep Hortico IPO is Feb 12, 2024, and Jan 31, 2024, respectively.
| Alpex Solar IPO | Harshdeep Hortico IPO | |
|---|---|---|
| Anchor Bid Date | Feb 07, 2024 | Jan 25, 2024 |
| Issue Open | Feb 08, 2024 | Jan 29, 2024 |
| Issue Close | Feb 12, 2024 | Jan 31, 2024 |
| Basis Of Allotment (Tentative) | Feb 13, 2024 | Feb 01, 2024 |
| Initiation of Refunds (Tentative) | Feb 14, 2024 | Feb 02, 2024 |
| Credit of Share (Tentative) | Feb 14, 2024 | Feb 02, 2024 |
| Listing date (Tentative) | Feb 15, 2024 | Feb 05, 2024 |
| Anchor Lockin End date 1 | Mar 14, 2024 | Mar 02, 2024 |
| Anchor Lockin End date 2 | May 13, 2024 | May 01, 2024 |
Alpex Solar IPO P/E ratio is 54.66, as compared to Harshdeep Hortico IPO P/E ratio of 0.
| Alpex Solar IPO | Harshdeep Hortico IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Alpex Solar Limited Financial Information (Restated Consolidated)Alpex Solar Limited's revenue increased by 16.25% and profit after tax (PAT) rose by 1849.43% between the financial year ending with March 31, 2023 and March 31, 2022.
| Harshdeep Hortico Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 93.53 | 97.38 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 68.76 | 71.72 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 54.66 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹281.44 Cr. | ₹72.42 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.55% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 18.81% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.14 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.10 | ₹0.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.55% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Alpex Solar IPO Retail Individual Investors (RII) are offered 21,55,200 shares while in Harshdeep Hortico IPO retail investors are offered 21,55,200 shares. Qualified Institutional Buyers (QIB) are offered 12,31,200 shares in Alpex Solar IPO and 8,04,000 shares in Harshdeep Hortico IPO.
| Alpex Solar IPO | Harshdeep Hortico IPO | |
|---|---|---|
| Anchor Investor Reserveration | 18,45,600 shares | 12,06,000 shares |
| Market Maker Reserveration | 3,24,000 shares | 2,16,000 shares |
| QIB | 12,31,200 shares | 8,04,000 shares |
| NII | 9,24,000 shares | 6,06,000 shares |
| RII | 21,55,200 shares | 14,10,000 shares |
| Employee | ||
| Others | ||
| Total | 61,56,000 shares | 40,26,000 shares |
Alpex Solar IPO subscribed 324.03x in total, whereas Harshdeep Hortico IPO subscribed 131.69x.
| Alpex Solar IPO | Harshdeep Hortico IPO | |
|---|---|---|
| QIB (times) | 141.48x | 213.53x |
| NII (times) | 502.31x | 181.95x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 351.89x | 98.25x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 324.03x | 131.69x |
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