HindPrakash Industries IPO vs ICL Organic Dairy Products IPO

Comparison between HindPrakash Industries IPO and ICL Organic Dairy Products IPO.

IPO Details

HindPrakash Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while ICL Organic Dairy Products IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of HindPrakash Industries IPO is up to ₹10.92 Cr whereas the issue size of the ICL Organic Dairy Products IPO is up to ₹3.88 Cr. The final issue price of HindPrakash Industries IPO is ₹40.00 per share and of ICL Organic Dairy Products IPO is ₹20.00 per share.

 HindPrakash Industries IPOICL Organic Dairy Products IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹20.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares6000 shares
Fresh Issue Size27,30,000 shares19,38,000 shares
Fresh Issue Size (Amount)up to ₹10.92 Crup to ₹3.88 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,30,000 shares19,38,000 shares
Issue Size Total (Amount)up to ₹10.92 Crup to ₹3.88 Cr

IPO Timetable

HindPrakash Industries IPO opens on Jan 15, 2020, while ICL Organic Dairy Products IPO opens on Jan 31, 2020. The closing date of HindPrakash Industries IPO and ICL Organic Dairy Products IPO is Jan 17, 2020, and Feb 07, 2020, respectively.

 HindPrakash Industries IPOICL Organic Dairy Products IPO
Issue OpenJan 15, 2020Jan 31, 2020
Issue CloseJan 17, 2020Feb 07, 2020
Basis Of Allotment (Tentative)Jan 22, 2020Feb 11, 2020
Initiation of Refunds (Tentative)Jan 23, 2020Feb 12, 2020
Credit of Share (Tentative)Jan 24, 2020Feb 13, 2020
Listing date (Tentative)Jan 27, 2020Feb 17, 2020

Financials & KPIs

HindPrakash Industries IPO P/E ratio is 11.7, as compared to ICL Organic Dairy Products IPO P/E ratio of 80.

 HindPrakash Industries IPOICL Organic Dairy Products IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets47.9348.1431.1634.67
Total Income50.6497.9987.4886.12
Profit After Tax1.782.832.322.14
EBITDA3.275.444.894.67
NET Worth21.2419.5116.6814.38
Reserves and Surplus13.6911.9614.5312.22
Total Borrowing13.1415.2511.4110.85
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 201931 Mar 201931 Mar 201831 Mar 2017
Assets4.553.173.282.26
Total Income2.2315.7312.072.53
Profit After Tax0.050.280.350.05
EBITDA0.070.390.480.07
NET Worth3.002.950.450.10
Reserves and Surplus1.311.830.440.09
Total Borrowing1.402.582.11
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%72.71%
Promoter Shareholding (Post-Issue)72.37%47.99%
P/E Ratio11.780
Market Cap₹41.70 Cr.₹12.00 Cr.

Shares Offered

In the HindPrakash Industries IPO Retail Individual Investors (RII) are offered 13,65,000 shares while in ICL Organic Dairy Products IPO retail investors are offered 13,65,000 shares. Qualified Institutional Buyers (QIB) are offered in HindPrakash Industries IPO and in ICL Organic Dairy Products IPO.

 HindPrakash Industries IPOICL Organic Dairy Products IPO
Market Maker Reservation1,50,000 shares1,02,000 shares
NII13,65,000 shares9,66,000 shares
RII13,65,000 shares9,72,000 shares
Total27,30,000 shares19,38,000 shares

Bids Received (Subscription)

HindPrakash Industries IPO subscribed 2.16x in total, whereas ICL Organic Dairy Products IPO subscribed 3.08x.

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HindPrakash Industries IPO Vs ICL Organic Dairy Products IPO