Comparison between Balaji Phosphates IPO and HP Telecom IPO.
Balaji Phosphates IPO is a SME Fixed Price IPO proposed to list at NSE SME while HP Telecom IPO is a SME Fixed Price proposed to list at NSE SME.
| Balaji Phosphates IPO | HP Telecom IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Arihant Capital Markets Ltd. | Interactive Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | NNM Securities Pvt.Ltd. | Aftertrade Broking 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 Balaji Phosphates IPO is up to ₹47.60 Cr whereas the issue size of the HP Telecom IPO is up to ₹32.50 Cr. The final issue price of Balaji Phosphates IPO is ₹70.00 per share and of HP Telecom IPO is ₹108.00 per share.
| Balaji Phosphates IPO | HP Telecom IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹66.00 per share | |
| Issue Price (Upper) | ₹70.00 per share | |
| Issue Price (Final) | ₹70.00 per share | ₹108.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 2000 shares | 1200 shares |
| Fresh Issue Size | 55,82,000 shares | 30,09,600 shares |
| Fresh Issue Size (Amount) | up to ₹39.07 Cr | up to ₹32.50 Cr |
| OFS Issue Size | 12,18,000 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹8.53 Cr | up to ₹0.00 Cr |
| Issue Size Total | 68,00,000 shares | 30,09,600 shares |
| Issue Size Total (Amount) | up to ₹47.60 Cr | up to ₹32.50 Cr |
Balaji Phosphates IPO opens on Feb 28, 2025, while HP Telecom IPO opens on Feb 20, 2025. The closing date of Balaji Phosphates IPO and HP Telecom IPO is Mar 04, 2025, and Feb 24, 2025, respectively.
| Balaji Phosphates IPO | HP Telecom IPO | |
|---|---|---|
| Anchor Bid Date | Feb 27, 2025 | |
| Issue Open | Feb 28, 2025 | Feb 20, 2025 |
| Issue Close | Mar 04, 2025 | Feb 24, 2025 |
| Basis Of Allotment (Tentative) | Mar 05, 2025 | Feb 25, 2025 |
| Initiation of Refunds (Tentative) | Mar 06, 2025 | Feb 27, 2025 |
| Credit of Share (Tentative) | Mar 06, 2025 | Feb 27, 2025 |
| Listing date (Tentative) | Mar 07, 2025 | Feb 28, 2025 |
| Anchor Lockin End date 1 | Apr 04, 2025 | |
| Anchor Lockin End date 2 | Jun 03, 2025 |
Balaji Phosphates IPO P/E ratio is 20.67, as compared to HP Telecom IPO P/E ratio of 10.98.
| Balaji Phosphates IPO | HP Telecom IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Balaji Phosphates Limited Financial Information (Restated Consolidated)
| HP Telecom India Limited Financial Information (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.90 | 73.40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 20.67 | 10.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹166.44 Cr. | ₹128.68 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.89% | 29.56% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 16.7% | 66.62% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹3.39 | ₹9.84 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 17.26% | 29.56% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Balaji Phosphates IPO Retail Individual Investors (RII) are offered 27,20,000 shares while in HP Telecom IPO retail investors are offered 27,20,000 shares. Qualified Institutional Buyers (QIB) are offered 14,68,000 shares in Balaji Phosphates IPO and 0 shares in HP Telecom IPO.
| Balaji Phosphates IPO | HP Telecom IPO | |
|---|---|---|
| Anchor Investor Reserveration | 5,72,000 shares | 0 shares |
| Market Maker Reserveration | 3,58,000 shares | 1,59,600 shares |
| QIB | 14,68,000 shares | 0 shares |
| NII | 20,40,000 shares | 15,04,800 shares |
| RII | 27,20,000 shares | 15,04,800 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 68,00,000 shares | 30,09,600 shares |
Balaji Phosphates IPO subscribed 1.21x in total, whereas HP Telecom IPO subscribed 1.91x.
| Balaji Phosphates IPO | HP Telecom IPO | |
|---|---|---|
| QIB (times) | 1.26x | |
| NII (times) | 1.34x | 1.97x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.09x | 1.85x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.21x | 1.91x |
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