Comparison between HRH Next IPO and Addictive Learning Technology IPO.
IPO Details
HRH Next IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Addictive Learning Technology IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of HRH Next IPO is up to ₹9.08 Cr whereas the issue size of the Addictive Learning Technology IPO is up to ₹55.73 Cr. The final issue price of HRH Next IPO is ₹36.00 per share and of Addictive Learning Technology IPO is ₹140.00 per share.
| | HRH Next IPO | Addictive Learning Technology IPO |
|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | | ₹133.00 per share |
| Issue Price (Upper) | | ₹140.00 per share |
| Issue Price (Final) | ₹36.00 per share | ₹140.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Market Lot Size | 3000 shares | 1000 shares |
| Fresh Issue Size | 25,23,000 shares | 38,21,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.08 Cr | up to ₹53.49 Cr |
| OFS Issue Size | 0 shares | 1,60,000 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹2.24 Cr |
| Issue Size Total | 25,23,000 shares | 39,81,000 shares |
| Issue Size Total (Amount) | up to ₹9.08 Cr | up to ₹55.73 Cr |
IPO Timetable
HRH Next IPO opens on Dec 27, 2023, while Addictive Learning Technology IPO opens on Jan 19, 2024. The closing date of HRH Next IPO and Addictive Learning Technology IPO is Dec 29, 2023, and Jan 24, 2024, respectively.
| | HRH Next IPO | Addictive Learning Technology IPO |
|---|
| Anchor Bid Date | | Jan 18, 2024 |
| Issue Open | Dec 27, 2023 | Jan 19, 2024 |
| Issue Close | Dec 29, 2023 | Jan 24, 2024 |
| Basis Of Allotment (Tentative) | Jan 01, 2024 | Jan 25, 2024 |
| Initiation of Refunds (Tentative) | Jan 02, 2024 | Jan 29, 2024 |
| Credit of Share (Tentative) | Jan 02, 2024 | Jan 29, 2024 |
| Listing date (Tentative) | Jan 03, 2024 | Jan 30, 2024 |
| Anchor Lockin End date 1 | | Feb 24, 2024 |
| Anchor Lockin End date 2 | | Apr 24, 2024 |
Financials & KPIs
HRH Next IPO P/E ratio is 6.78, as compared to Addictive Learning Technology IPO P/E ratio of 66.69.
Shares Offered
In the HRH Next IPO Retail Individual Investors (RII) are offered 12,63,000 shares while in Addictive Learning Technology IPO retail investors are offered 12,63,000 shares. Qualified Institutional Buyers (QIB) are offered in HRH Next IPO and 7,95,000 shares in Addictive Learning Technology IPO.
| | HRH Next IPO | Addictive Learning Technology IPO |
|---|
| Anchor Investor Reservation | | 11,92,000 shares |
| Market Maker Reservation | 1,35,000 shares | 3,16,000 shares |
| QIB | | 7,95,000 shares |
| NII | 12,60,000 shares | 5,99,000 shares |
| RII | 12,63,000 shares | 13,95,000 shares |
| Employee | | 0 shares |
| Total | 25,23,000 shares | 39,81,000 shares |
Bids Received (Subscription)
HRH Next IPO subscribed 65.26x in total, whereas Addictive Learning Technology IPO subscribed 191.27x.
