ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

HOAC Foods IPO vs Quest Laboratories IPO

Comparison between HOAC Foods IPO and Quest Laboratories IPO.

IPO Details

HOAC Foods IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Quest Laboratories IPO is a SME Bookbuilding proposed to list at NSE SME.

 HOAC Foods IPOQuest Laboratories IPO
LogoHOAC Foods IPO LogoQuest Laboratories IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Shreni Shares Ltd.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Final ProspectusFinal Prospectus Final Prospectus
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of HOAC Foods IPO is up to ₹5.10 Cr whereas the issue size of the Quest Laboratories IPO is up to ₹40.95 Cr. The final issue price of HOAC Foods IPO is ₹48.00 per share and of Quest Laboratories IPO is ₹97.00 per share.

 HOAC Foods IPOQuest Laboratories IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹93.00 per share
Issue Price (Upper)₹97.00 per share
Issue Price (Final)₹48.00 per share₹97.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size10,62,000 shares42,21,600 shares
Fresh Issue Size (Amount)up to ₹5.10 Crup to ₹40.95 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total10,62,000 shares42,21,600 shares
Issue Size Total (Amount)up to ₹5.10 Crup to ₹40.95 Cr

IPO Timetable

HOAC Foods IPO opens on May 16, 2024, while Quest Laboratories IPO opens on May 15, 2024. The closing date of HOAC Foods IPO and Quest Laboratories IPO is May 21, 2024, and May 17, 2024, respectively.

 HOAC Foods IPOQuest Laboratories IPO
Anchor Bid DateMay 14, 2024
Issue OpenMay 16, 2024May 15, 2024
Issue CloseMay 21, 2024May 17, 2024
Basis Of Allotment (Tentative)May 22, 2024May 21, 2024
Initiation of Refunds (Tentative)May 23, 2024May 22, 2024
Credit of Share (Tentative)May 23, 2024May 22, 2024
Listing date (Tentative)May 24, 2024May 23, 2024
Anchor Lockin End date 1Jun 20, 2024
Anchor Lockin End date 2Aug 19, 2024

Financials & KPIs

HOAC Foods IPO P/E ratio is 21.95, as compared to Quest Laboratories IPO P/E ratio of 23.03.

 HOAC Foods IPOQuest Laboratories IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets7.664.923.602.08
Total Income11.5512.1910.947.46
Profit After Tax0.750.590.270.13
NET Worth3.161.570.980.32
Reserves and Surplus0.471.350.760.22
Total Borrowing2.041.901.481.28
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets58.6946.6534.8018.40
Total Income62.1861.8759.5430.44
Profit After Tax7.755.034.110.66
NET Worth22.7715.029.995.89
Reserves and Surplus11.9813.948.924.81
Total Borrowing4.614.103.133.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9990.36
Promoter Shareholding (Post-Issue)69.9565.82
P/E Ratio21.9523.03
Market Cap₹18.45 Cr.₹158.96 Cr.
ROE23.60%34.03%
ROCE23.43%41.86%
Debt/Equity0.270.20
EPS₹2.19₹4.21
RoNW23.60%34.03%

Shares Offered

In the HOAC Foods IPO Retail Individual Investors (RII) are offered 5,34,000 shares while in Quest Laboratories IPO retail investors are offered 5,34,000 shares. Qualified Institutional Buyers (QIB) are offered in HOAC Foods IPO and 8,31,600 shares in Quest Laboratories IPO.

 HOAC Foods IPOQuest Laboratories IPO
Anchor Investor Reservation12,36,000 shares
Market Maker Reservation93,000 shares2,28,000 shares
QIB8,31,600 shares
NII5,28,000 shares6,55,200 shares
RII5,34,000 shares14,98,800 shares
Employee
Others
Total10,62,000 shares42,21,600 shares

Bids Received (Subscription)

HOAC Foods IPO subscribed 2,013.64x in total, whereas Quest Laboratories IPO subscribed 85.26x.

 HOAC Foods IPOQuest Laboratories IPO
QIB (times)57.20x
NII (times)1,432.60x184.10x
Big NII (times)
Small NII (times)
RII (times)2,556.46x57.63x
Employee (times)
Other (times)
Total (times)2,013.64x85.26x

Compare with others

HOAC Foods IPOQuest Laboratories IPO
Z-Tech IPOBeacon Trusteeship IPO
Aimtron Electronics IPOGSM Foils IPO
Beacon Trusteeship IPOVilas Transcore IPO
GSM Foils IPOHOAC Foods IPO
Vilas Transcore IPORulka Electricals IPO
Rulka Electricals IPOPiotex Industries IPO
Quest Laboratories IPOVeritaas Advertising IPO
Piotex Industries IPOIndian Emulsifiers IPO
Veritaas Advertising IPOAztec Fluids IPO
Indian Emulsifiers IPOPremier Roadlines IPO

Compare:

HOAC Foods IPO Vs Quest Laboratories IPO