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Freshara Agro Exports IPO vs United Heat Transfer IPO

Comparison between Freshara Agro Exports IPO and United Heat Transfer IPO.

IPO Details

Freshara Agro Exports IPO is a SME Bookbuilding IPO proposed to list at NSE SME while United Heat Transfer IPO is a SME Bookbuilding proposed to list at NSE SME.

 Freshara Agro Exports IPOUnited Heat Transfer IPO
LogoFreshara Agro Exports IPO LogoUnited Heat Transfer IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Swastika Investmart Ltd.
RegistrarPurva Sharegistry (India) Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Swastika Investmart Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Freshara Agro Exports IPO is up to ₹68.21 Cr whereas the issue size of the United Heat Transfer IPO is up to ₹28.49 Cr. The final issue price of Freshara Agro Exports IPO is ₹116.00 per share and of United Heat Transfer IPO is ₹59.00 per share.

 Freshara Agro Exports IPOUnited Heat Transfer IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹110.00 per share₹56.00 per share
Issue Price (Upper)₹116.00 per share₹59.00 per share
Issue Price (Final)₹116.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1200 shares2000 shares
Fresh Issue Size58,80,000 shares48,28,000 shares
Fresh Issue Size (Amount)up to ₹68.21 Crup to ₹28.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total58,80,000 shares48,28,000 shares
Issue Size Total (Amount)up to ₹68.21 Crup to ₹28.49 Cr

IPO Timetable

Freshara Agro Exports IPO opens on Oct 17, 2024, while United Heat Transfer IPO opens on Oct 22, 2024. The closing date of Freshara Agro Exports IPO and United Heat Transfer IPO is Oct 21, 2024, and Oct 24, 2024, respectively.

 Freshara Agro Exports IPOUnited Heat Transfer IPO
Anchor Bid DateOct 16, 2024Oct 21, 2024
Issue OpenOct 17, 2024Oct 22, 2024
Issue CloseOct 21, 2024Oct 24, 2024
Basis Of Allotment (Tentative)Oct 22, 2024Oct 25, 2024
Initiation of Refunds (Tentative)Oct 23, 2024Oct 28, 2024
Credit of Share (Tentative)Oct 23, 2024Oct 28, 2024
Listing date (Tentative)Oct 24, 2024Oct 29, 2024
Anchor Lockin End date 1Nov 21, 2024Nov 23, 2024
Anchor Lockin End date 2Jan 20, 2025Jan 22, 2025

Financials & KPIs

Freshara Agro Exports IPO P/E ratio is 9.04, as compared to United Heat Transfer IPO P/E ratio of 13.16.

 Freshara Agro Exports IPOUnited Heat Transfer IPO
Financials

Freshara Agro Exports Limited Financial Information (Restated)

Freshara Agro Exports Limited's revenue increased by 56% and profit after tax (PAT) rose by 140% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets16,599.7316,657.88,490.645,887.64
Total Income10,746.1119,819.5812,700.2211,840.68
Profit After Tax1,137.812,182.41908.297.36
Net Worth3,834.582,696.771,855.49931.58
Reserves and Surplus2,134.58996.77
Total Borrowing10,625.2210,755.984,173.893,479.1
Amount in ₹ Lakhs

United Heat Transfer Limited Financial Information (Restated)

United Heat Transfer Limited's revenue decreased by -9% and profit after tax (PAT) rose by 195% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Jul 202431 Mar 202431 Mar 202331 Mar 2022
Assets7,230.037,046.676,481.526,262.36
Total Income2,120.016,409.557,040.154,796.11
Profit After Tax242.53623.85211.54152.67
Net Worth2,865.242,037.711,413.861,202.32
Reserves and Surplus1,473.24762.71988.86777.32
Total Borrowing3,202.133,692.183,295.183,761.47
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)86.5091.59
Promoter Shareholding (Post-Issue)67.09
P/E Ratio9.0413.16
Market Cap₹272.59 Cr.₹112.12 Cr.
ROE8.46%
ROCE12.31%10.79%
Debt/Equity2.771.12
EPS₹12.84₹4.48
RoNW29.67%8.46%

Shares Offered

In the Freshara Agro Exports IPO Retail Individual Investors (RII) are offered 20,59,200 shares while in United Heat Transfer IPO retail investors are offered 20,59,200 shares. Qualified Institutional Buyers (QIB) are offered 11,76,000 shares in Freshara Agro Exports IPO and 9,74,000 shares in United Heat Transfer IPO.

 Freshara Agro Exports IPOUnited Heat Transfer IPO
Anchor Investor Reserveration17,61,600 shares14,34,000 shares
Market Maker Reserveration6,19,200 shares2,56,000 shares
QIB11,76,000 shares9,74,000 shares
NII8,83,200 shares7,28,000 shares
RII20,59,200 shares16,92,000 shares
Employee
Others
Total58,80,000 shares48,28,000 shares

Bids Received (Subscription)

Freshara Agro Exports IPO subscribed 236.80x in total, whereas United Heat Transfer IPO subscribed 83.70x.

 Freshara Agro Exports IPOUnited Heat Transfer IPO
QIB (times)129.22x26.56x
NII (times)510.61x124.72x
Big NII (times)
Small NII (times)
RII (times)180.80x98.93x
Employee (times)
Other (times)
Total (times)236.80x83.70x