Comparison between GSM Foils IPO and HOAC Foods IPO.
IPO Details
GSM Foils IPO is a SME Fixed Price IPO proposed to list at NSE SME while HOAC Foods IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of GSM Foils IPO is up to ₹10.44 Cr whereas the issue size of the HOAC Foods IPO is up to ₹5.10 Cr. The final issue price of GSM Foils IPO is ₹32.00 per share and of HOAC Foods IPO is ₹48.00 per share.
IPO Timetable
GSM Foils IPO opens on May 24, 2024, while HOAC Foods IPO opens on May 16, 2024. The closing date of GSM Foils IPO and HOAC Foods IPO is May 28, 2024, and May 21, 2024, respectively.
| | GSM Foils IPO | HOAC Foods IPO |
|---|
| Anchor Bid Date | | |
| Issue Open | May 24, 2024 | May 16, 2024 |
| Issue Close | May 28, 2024 | May 21, 2024 |
| Basis Of Allotment (Tentative) | May 29, 2024 | May 22, 2024 |
| Initiation of Refunds (Tentative) | May 30, 2024 | May 23, 2024 |
| Credit of Share (Tentative) | May 30, 2024 | May 23, 2024 |
| Listing date (Tentative) | May 31, 2024 | May 24, 2024 |
| Anchor Lockin End date 1 | | |
| Anchor Lockin End date 2 | | |
Financials & KPIs
GSM Foils IPO P/E ratio is 20.98, as compared to HOAC Foods IPO P/E ratio of 21.95.
Shares Offered
In the GSM Foils IPO Retail Individual Investors (RII) are offered 16,32,000 shares while in HOAC Foods IPO retail investors are offered 16,32,000 shares. Qualified Institutional Buyers (QIB) are offered in GSM Foils IPO and in HOAC Foods IPO.
| | GSM Foils IPO | HOAC Foods IPO |
|---|
| Anchor Investor Reservation | | |
| Market Maker Reservation | 1,76,000 shares | 93,000 shares |
| QIB | | |
| NII | 16,32,000 shares | 5,28,000 shares |
| RII | 16,32,000 shares | 5,34,000 shares |
| Employee | | |
| Others | | |
| Total | 32,64,000 shares | 10,62,000 shares |
Bids Received (Subscription)
GSM Foils IPO subscribed 257.30x in total, whereas HOAC Foods IPO subscribed 2,013.64x.
