Comparison between Heranba Industries IPO and Stove Kraft IPO.
Heranba Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Stove Kraft IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Heranba Industries IPO is up to ₹625.24 Cr whereas the issue size of the Stove Kraft IPO is up to ₹412.62 Cr. The final issue price of Heranba Industries IPO is ₹627.00 per share and of Stove Kraft IPO is ₹385.00 per share.
| Heranba Industries IPO | Stove Kraft IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹626.00 per share | ₹384.00 per share |
| Issue Price (Upper) | ₹627.00 per share | ₹385.00 per share |
| Issue Price (Final) | ₹627.00 per share | ₹385.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 23 shares | 38 shares |
| Fresh Issue Size | 9,56,937 shares | 24,67,532 shares |
| Fresh Issue Size (Amount) | up to ₹60.00 Cr | up to ₹95.00 Cr |
| OFS Issue Size | 90,15,000 shares | 82,50,000 shares |
| OFS Issue Size (Amount) | up to ₹565.24 Cr | up to ₹317.63 Cr |
| Issue Size Total | 99,71,937 shares | 1,07,17,532 shares |
| Issue Size Total (Amount) | up to ₹625.24 Cr | up to ₹412.62 Cr |
Heranba Industries IPO opens on Feb 23, 2021, while Stove Kraft IPO opens on Jan 25, 2021. The closing date of Heranba Industries IPO and Stove Kraft IPO is Feb 25, 2021, and Jan 28, 2021, respectively.
| Heranba Industries IPO | Stove Kraft IPO | |
|---|---|---|
| Anchor Bid Date | Feb 22, 2021 | Jan 22, 2021 |
| Issue Open | Feb 23, 2021 | Jan 25, 2021 |
| Issue Close | Feb 25, 2021 | Jan 28, 2021 |
| Basis Of Allotment (Tentative) | Mar 02, 2021 | Feb 02, 2021 |
| Initiation of Refunds (Tentative) | Mar 03, 2021 | Feb 03, 2021 |
| Credit of Share (Tentative) | Mar 04, 2021 | Feb 04, 2021 |
| Listing date (Tentative) | Mar 05, 2021 | Feb 05, 2021 |
| Anchor Lockin End date 1 | Apr 01, 2021 | Mar 04, 2021 |
| Anchor Lockin End date 2 | May 31, 2021 | May 03, 2021 |
Heranba Industries IPO P/E ratio is , as compared to Stove Kraft IPO P/E ratio of .
| Heranba Industries IPO | Stove Kraft IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 98.1 | 61.31 | ||||
| Promoter Shareholding (Post-Issue) | 74.1 | 54.36 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3048.89 Cr. | ₹1253.10 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Heranba Industries IPO Retail Individual Investors (RII) are offered 34,90,178 shares while in Stove Kraft IPO retail investors are offered 34,90,178 shares. Qualified Institutional Buyers (QIB) are offered 19,95,448 shares in Heranba Industries IPO and 32,15,260 shares in Stove Kraft IPO.
| Heranba Industries IPO | Stove Kraft IPO | |
|---|---|---|
| Anchor Investor Reservation | 29,90,520 shares | 48,22,890 shares |
| Market Maker Reservation | ||
| QIB | 19,95,448 shares | 32,15,260 shares |
| NII | 14,95,791 shares | 16,07,629 shares |
| RII | 34,90,178 shares | 10,71,753 shares |
| Employee | ||
| Others | ||
| Total | 99,71,937 shares | 1,07,17,532 shares |
Heranba Industries IPO subscribed 83.29x in total, whereas Stove Kraft IPO subscribed 18.03x.
| Heranba Industries IPO | Stove Kraft IPO | |
|---|---|---|
| QIB (times) | 67.45x | 8.02x |
| NII (times) | 271.15x | 32.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.84x | 26.04x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 83.29x | 18.03x |
