Comparison between HMA Agro Industries IPO and IKIO Lighting IPO.
HMA Agro Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while IKIO Lighting IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of HMA Agro Industries IPO is up to ₹480.00 Cr whereas the issue size of the IKIO Lighting IPO is up to ₹606.50 Cr. The final issue price of HMA Agro Industries IPO is ₹585.00 per share and of IKIO Lighting IPO is ₹285.00 per share.
| HMA Agro Industries IPO | IKIO Lighting IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹555.00 per share | ₹270.00 per share |
| Issue Price (Upper) | ₹585.00 per share | ₹285.00 per share |
| Issue Price (Final) | ₹585.00 per share | ₹285.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 25 shares | 52 shares |
| Fresh Issue Size | 25,64,102 shares | 1,22,80,701 shares |
| Fresh Issue Size (Amount) | up to ₹150.00 Cr | up to ₹350.00 Cr |
| OFS Issue Size | 56,41,025 shares | 90,00,000 shares |
| OFS Issue Size (Amount) | up to ₹330.00 Cr | up to ₹256.50 Cr |
| Issue Size Total | 82,05,127 shares | 2,12,80,701 shares |
| Issue Size Total (Amount) | up to ₹480.00 Cr | up to ₹606.50 Cr |
HMA Agro Industries IPO opens on Jun 20, 2023, while IKIO Lighting IPO opens on Jun 06, 2023. The closing date of HMA Agro Industries IPO and IKIO Lighting IPO is Jun 23, 2023, and Jun 08, 2023, respectively.
| HMA Agro Industries IPO | IKIO Lighting IPO | |
|---|---|---|
| Anchor Bid Date | Jun 19, 2023 | Jun 05, 2023 |
| Issue Open | Jun 20, 2023 | Jun 06, 2023 |
| Issue Close | Jun 23, 2023 | Jun 08, 2023 |
| Basis Of Allotment (Tentative) | Jun 29, 2023 | Jun 13, 2023 |
| Initiation of Refunds (Tentative) | Jun 30, 2023 | Jun 14, 2023 |
| Credit of Share (Tentative) | Jul 03, 2023 | Jun 15, 2023 |
| Listing date (Tentative) | Jul 04, 2023 | Jun 16, 2023 |
| Anchor Lockin End date 1 | Jul 29, 2023 | Jul 13, 2023 |
| Anchor Lockin End date 2 | Sep 27, 2023 | Sep 11, 2023 |
HMA Agro Industries IPO P/E ratio is 19.4, as compared to IKIO Lighting IPO P/E ratio of 32.13.
| HMA Agro Industries IPO | IKIO Lighting IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Proforma Consolidated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 100.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.46 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.4 | 32.13 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2929.50 Cr. | ₹2202.50 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.00% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.33 | 26.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.75 | 1.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.83 | ₹7.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 28.78% | 36.46% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the HMA Agro Industries IPO Retail Individual Investors (RII) are offered 28,71,795 shares while in IKIO Lighting IPO retail investors are offered 28,71,795 shares. Qualified Institutional Buyers (QIB) are offered 16,41,025 shares in HMA Agro Industries IPO and 42,56,140 shares in IKIO Lighting IPO.
| HMA Agro Industries IPO | IKIO Lighting IPO | |
|---|---|---|
| Anchor Investor Reservation | 24,61,537 shares | 63,84,209 shares |
| Market Maker Reservation | ||
| QIB | 16,41,025 shares | 42,56,140 shares |
| NII | 12,30,770 shares | 31,92,106 shares |
| RII | 28,71,795 shares | 74,48,246 shares |
| Employee | ||
| Others | ||
| Total | 82,05,127 shares | 2,12,80,701 shares |
HMA Agro Industries IPO subscribed 1.62x in total, whereas IKIO Lighting IPO subscribed 67.75x.
| HMA Agro Industries IPO | IKIO Lighting IPO | |
|---|---|---|
| QIB (times) | 1.74x | 163.06x |
| NII (times) | 2.97x | 65.38x |
| Big NII (times) | 3.82x | 69.01x |
| Small NII (times) | 1.29x | 58.13x |
| RII (times) | 0.96x | 14.31x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.62x | 67.75x |
