Comparison between HOAC Foods IPO and Veritaas Advertising IPO.
HOAC Foods IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Veritaas Advertising IPO is a SME Bookbuilding proposed to list at NSE SME.
| HOAC Foods IPO | Veritaas Advertising IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Horizon Management Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | MAS Services Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Horizon Financial Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of HOAC Foods IPO is up to ₹5.10 Cr whereas the issue size of the Veritaas Advertising IPO is up to ₹8.06 Cr. The final issue price of HOAC Foods IPO is ₹48.00 per share and of Veritaas Advertising IPO is ₹114.00 per share.
| HOAC Foods IPO | Veritaas Advertising IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹109.00 per share | |
| Issue Price (Upper) | ₹114.00 per share | |
| Issue Price (Final) | ₹48.00 per share | ₹114.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 10,62,000 shares | 7,06,800 shares |
| Fresh Issue Size (Amount) | up to ₹5.10 Cr | up to ₹8.06 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 | 10,62,000 shares | 7,06,800 shares |
| Issue Size Total (Amount) | up to ₹5.10 Cr | up to ₹8.06 Cr |
HOAC Foods IPO opens on May 16, 2024, while Veritaas Advertising IPO opens on May 13, 2024. The closing date of HOAC Foods IPO and Veritaas Advertising IPO is May 21, 2024, and May 15, 2024, respectively.
| HOAC Foods IPO | Veritaas Advertising IPO | |
|---|---|---|
| Anchor Bid Date | May 10, 2024 | |
| Issue Open | May 16, 2024 | May 13, 2024 |
| Issue Close | May 21, 2024 | May 15, 2024 |
| Basis Of Allotment (Tentative) | May 22, 2024 | May 16, 2024 |
| Initiation of Refunds (Tentative) | May 23, 2024 | May 17, 2024 |
| Credit of Share (Tentative) | May 23, 2024 | May 17, 2024 |
| Listing date (Tentative) | May 24, 2024 | May 21, 2024 |
| Anchor Lockin End date 1 | Jun 15, 2024 | |
| Anchor Lockin End date 2 | Aug 14, 2024 |
HOAC Foods IPO P/E ratio is 21.95, as compared to Veritaas Advertising IPO P/E ratio of 54.
| HOAC Foods IPO | Veritaas Advertising IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | 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.
| Veritaas Advertising Limited Financial Information (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.95 | 88.74 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.95 | 54 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹18.45 Cr. | ₹32.18 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.60% | 44.24% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.43% | 39.65% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 0.64 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.19 | ₹2.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.60% | 44.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the HOAC Foods IPO Retail Individual Investors (RII) are offered 5,34,000 shares while in Veritaas Advertising IPO retail investors are offered 5,34,000 shares. Qualified Institutional Buyers (QIB) are offered in HOAC Foods IPO and 1,77,600 shares in Veritaas Advertising IPO.
| HOAC Foods IPO | Veritaas Advertising IPO | |
|---|---|---|
| Anchor Investor Reserveration | 1,74,000 shares | |
| Market Maker Reserveration | 93,000 shares | 37,200 shares |
| QIB | 1,77,600 shares | |
| NII | 5,28,000 shares | 1,06,800 shares |
| RII | 5,34,000 shares | 2,48,400 shares |
| Employee | ||
| Others | ||
| Total | 10,62,000 shares | 7,06,800 shares |
HOAC Foods IPO subscribed 2,013.64x in total, whereas Veritaas Advertising IPO subscribed 621.62x.
| HOAC Foods IPO | Veritaas Advertising IPO | |
|---|---|---|
| QIB (times) | 102.41x | |
| NII (times) | 1,432.60x | 629.56x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2,556.46x | 989.44x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2,013.64x | 621.62x |
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