Comparison between Harshdeep Hortico IPO and Megatherm Induction IPO.
Harshdeep Hortico IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Megatherm Induction IPO is a SME Bookbuilding proposed to list at NSE SME.
| Harshdeep Hortico IPO | Megatherm Induction IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Hem Securities Ltd. | Hem Securities Ltd. |
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Hem Finlease Pvt.Ltd. | Hem Finlease Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Harshdeep Hortico IPO is up to ₹18.12 Cr whereas the issue size of the Megatherm Induction IPO is up to ₹51.20 Cr. The final issue price of Harshdeep Hortico IPO is ₹45.00 per share and of Megatherm Induction IPO is ₹108.00 per share.
| Harshdeep Hortico IPO | Megatherm Induction IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹42.00 per share | ₹100.00 per share |
| Issue Price (Upper) | ₹45.00 per share | ₹108.00 per share |
| Issue Price (Final) | ₹45.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 40,26,000 shares | 47,41,200 shares |
| Fresh Issue Size (Amount) | up to ₹18.12 Cr | up to ₹51.20 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 | 40,26,000 shares | 47,41,200 shares |
| Issue Size Total (Amount) | up to ₹18.12 Cr | up to ₹51.20 Cr |
Harshdeep Hortico IPO opens on Jan 29, 2024, while Megatherm Induction IPO opens on Jan 29, 2024. The closing date of Harshdeep Hortico IPO and Megatherm Induction IPO is Jan 31, 2024, and Jan 31, 2024, respectively.
| Harshdeep Hortico IPO | Megatherm Induction IPO | |
|---|---|---|
| Anchor Bid Date | Jan 25, 2024 | Jan 25, 2024 |
| Issue Open | Jan 29, 2024 | Jan 29, 2024 |
| Issue Close | Jan 31, 2024 | Jan 31, 2024 |
| Basis Of Allotment (Tentative) | Feb 01, 2024 | Feb 01, 2024 |
| Initiation of Refunds (Tentative) | Feb 02, 2024 | Feb 02, 2024 |
| Credit of Share (Tentative) | Feb 02, 2024 | Feb 02, 2024 |
| Listing date (Tentative) | Feb 05, 2024 | Feb 05, 2024 |
| Anchor Lockin End date 1 | Mar 02, 2024 | Mar 02, 2024 |
| Anchor Lockin End date 2 | May 01, 2024 | May 01, 2024 |
Harshdeep Hortico IPO P/E ratio is 0, as compared to Megatherm Induction IPO P/E ratio of 10.68.
| Harshdeep Hortico IPO | Megatherm Induction IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Harshdeep Hortico Limited Financial Information (Restated)
| Megatherm Induction Limited Financial Information (Restated)Megatherm Induction Limited's revenue increased by 41.37% and profit after tax (PAT) rose by 1171.94% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.38 | 98.92 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.72 | 72.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 0 | 10.68 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹72.42 Cr. | ₹203.48 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 27.66% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 27.47% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.00 | ₹10.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 27.66% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Harshdeep Hortico IPO Retail Individual Investors (RII) are offered 14,10,000 shares while in Megatherm Induction IPO retail investors are offered 14,10,000 shares. Qualified Institutional Buyers (QIB) are offered 8,04,000 shares in Harshdeep Hortico IPO and 9,48,000 shares in Megatherm Induction IPO.
| Harshdeep Hortico IPO | Megatherm Induction IPO | |
|---|---|---|
| Anchor Investor Reserveration | 12,06,000 shares | 14,22,000 shares |
| Market Maker Reserveration | 2,16,000 shares | 2,50,800 shares |
| QIB | 8,04,000 shares | 9,48,000 shares |
| NII | 6,06,000 shares | 7,11,600 shares |
| RII | 14,10,000 shares | 16,59,600 shares |
| Employee | ||
| Others | ||
| Total | 40,26,000 shares | 47,41,200 shares |
Harshdeep Hortico IPO subscribed 131.69x in total, whereas Megatherm Induction IPO subscribed 196.11x.
| Harshdeep Hortico IPO | Megatherm Induction IPO | |
|---|---|---|
| QIB (times) | 213.53x | 105.14x |
| NII (times) | 181.95x | 307.04x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 98.25x | 200.51x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 131.69x | 196.11x |
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