Avalon Technologies IPO vs HMA Agro Industries IPO

Comparison between Avalon Technologies IPO and HMA Agro Industries IPO.

IPO Details

Avalon Technologies IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while HMA Agro Industries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Avalon Technologies IPO is up to ₹865.00 Cr whereas the issue size of the HMA Agro Industries IPO is up to ₹480.00 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of HMA Agro Industries IPO is ₹585.00 per share.

 Avalon Technologies IPOHMA Agro Industries IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹415.00 per share₹555.00 per share
Issue Price (Upper)₹436.00 per share₹585.00 per share
Issue Price (Final)₹436.00 per share₹585.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size34 shares25 shares
Fresh Issue Size73,39,449 shares25,64,102 shares
Fresh Issue Size (Amount)up to ₹320.00 Crup to ₹150.00 Cr
OFS Issue Size1,24,99,997 shares56,41,025 shares
OFS Issue Size (Amount)up to ₹545.00 Crup to ₹330.00 Cr
Issue Size Total1,98,39,446 shares82,05,127 shares
Issue Size Total (Amount)up to ₹865.00 Crup to ₹480.00 Cr

IPO Timetable

Avalon Technologies IPO opens on Apr 03, 2023, while HMA Agro Industries IPO opens on Jun 20, 2023. The closing date of Avalon Technologies IPO and HMA Agro Industries IPO is Apr 06, 2023, and Jun 23, 2023, respectively.

 Avalon Technologies IPOHMA Agro Industries IPO
Anchor Bid DateMar 31, 2023Jun 19, 2023
Issue OpenApr 03, 2023Jun 20, 2023
Issue CloseApr 06, 2023Jun 23, 2023
Basis Of Allotment (Tentative)Apr 12, 2023Jun 29, 2023
Initiation of Refunds (Tentative)Apr 13, 2023Jun 30, 2023
Credit of Share (Tentative)Apr 17, 2023Jul 03, 2023
Listing date (Tentative)Apr 18, 2023Jul 04, 2023
Anchor Lockin End date 1May 12, 2023Jul 29, 2023
Anchor Lockin End date 2Jul 11, 2023Sep 27, 2023

Financials & KPIs

Avalon Technologies IPO P/E ratio is 55.54, as compared to HMA Agro Industries IPO P/E ratio of 19.4.

 Avalon Technologies IPOHMA Agro Industries IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202231 Mar 202131 Mar 2020
Assets587.96512.48449.65
Total Income851.65695.90653.15
Profit After Tax68.1623.0812.33
Total Borrowing294.05295.33248.48
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets856.11572.04472.85549.27
Total Income3,138.981,720.402,416.612,784.03
Profit After Tax117.6271.6045.9031.17
NET Worth374.65258.69187.05141.45
Reserves and Surplus327.03254.92183.32137.73
Total Borrowing330.02181.34169.13131.98
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.75100.00
Promoter Shareholding (Post-Issue)51.24
P/E Ratio55.5419.4
Market Cap₹2846.76 Cr.₹2929.50 Cr.
ROE85.9
ROCE27.40.33
Debt/Equity3.640.75
EPS₹11.30₹18.83
RoNW85.8628.78%

Shares Offered

In the Avalon Technologies IPO Retail Individual Investors (RII) are offered 19,83,944 shares while in HMA Agro Industries IPO retail investors are offered 19,83,944 shares. Qualified Institutional Buyers (QIB) are offered 59,51,835 shares in Avalon Technologies IPO and 16,41,025 shares in HMA Agro Industries IPO.

 Avalon Technologies IPOHMA Agro Industries IPO
Anchor Investor Reservation89,27,751 shares24,61,537 shares
Market Maker Reservation
QIB59,51,835 shares16,41,025 shares
NII29,75,916 shares12,30,770 shares
RII19,83,944 shares28,71,795 shares
Employee
Others
Total1,98,39,446 shares82,05,127 shares

Bids Received (Subscription)

Avalon Technologies IPO subscribed 2.34x in total, whereas HMA Agro Industries IPO subscribed 1.62x.

 Avalon Technologies IPOHMA Agro Industries IPO
QIB (times)3.77x1.74x
NII (times)0.43x2.97x
Big NII (times)0.44x3.82x
Small NII (times)0.41x1.29x
RII (times)0.88x0.96x
Employee (times)
Other (times)
Total (times)2.34x1.62x

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