Comparison between GSM Foils IPO and HOAC Foods IPO.
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.
| GSM Foils IPO | HOAC Foods IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Shreni Shares Ltd. | GYR Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Market Maker | Shreni Shares Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
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.
| GSM Foils IPO | HOAC Foods IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹32.00 per share | ₹48.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 4000 shares | 3000 shares |
| Fresh Issue Size | 32,64,000 shares | 10,62,000 shares |
| Fresh Issue Size (Amount) | up to ₹10.44 Cr | up to ₹5.10 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 | 32,64,000 shares | 10,62,000 shares |
| Issue Size Total (Amount) | up to ₹10.44 Cr | up to ₹5.10 Cr |
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 |
GSM Foils IPO P/E ratio is 20.98, as compared to HOAC Foods IPO P/E ratio of 21.95.
| GSM Foils IPO | HOAC Foods IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | GSM Foils Limited Financial Information (Restated)GSM Foils Limited's revenue decreased by -8.3% and profit after tax (PAT) rose by 124.62% between the financial year ending with March 31, 2023 and March 31, 2022.
| HOAC Foods India Limited Financial Information (Restated)HOAC Foods India Limited's revenue increased by 11.43% and profit after tax (PAT) rose by 115.11% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.14 | 69.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.98 | 21.95 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹41.00 Cr. | ₹18.45 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.62% | 23.60% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 1.60% | 23.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 11.13 | 0.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹1.53 | ₹2.19 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 98.27% | 23.60% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 Reserveration | ||
| Market Maker Reserveration | 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 |
GSM Foils IPO subscribed 257.30x in total, whereas HOAC Foods IPO subscribed 2,013.64x.
| GSM Foils IPO | HOAC Foods IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 259.51x | 1,432.60x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 247.10x | 2,556.46x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 257.30x | 2,013.64x |
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