Comparison between HMA Agro Industries IPO and ideaForge Technology IPO.
HMA Agro Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while ideaForge Technology 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 ideaForge Technology IPO is up to ₹567.24 Cr. The final issue price of HMA Agro Industries IPO is ₹585.00 per share and of ideaForge Technology IPO is ₹672.00 per share.
| HMA Agro Industries IPO | ideaForge Technology IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹555.00 per share | ₹638.00 per share |
| Issue Price (Upper) | ₹585.00 per share | ₹672.00 per share |
| Issue Price (Final) | ₹585.00 per share | ₹672.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹32.00 per share | |
| Market Lot Size | 25 shares | 22 shares |
| Fresh Issue Size | 25,64,102 shares | 35,72,052 shares |
| Fresh Issue Size (Amount) | up to ₹150.00 Cr | up to ₹240.02 Cr |
| OFS Issue Size | 56,41,025 shares | 48,69,712 shares |
| OFS Issue Size (Amount) | up to ₹330.00 Cr | up to ₹327.22 Cr |
| Issue Size Total | 82,05,127 shares | 84,41,764 shares |
| Issue Size Total (Amount) | up to ₹480.00 Cr | up to ₹567.24 Cr |
HMA Agro Industries IPO opens on Jun 20, 2023, while ideaForge Technology IPO opens on Jun 26, 2023. The closing date of HMA Agro Industries IPO and ideaForge Technology IPO is Jun 23, 2023, and Jun 30, 2023, respectively.
| HMA Agro Industries IPO | ideaForge Technology IPO | |
|---|---|---|
| Anchor Bid Date | Jun 19, 2023 | Jun 23, 2023 |
| Issue Open | Jun 20, 2023 | Jun 26, 2023 |
| Issue Close | Jun 23, 2023 | Jun 30, 2023 |
| Basis Of Allotment (Tentative) | Jun 29, 2023 | Jul 05, 2023 |
| Initiation of Refunds (Tentative) | Jun 30, 2023 | Jul 06, 2023 |
| Credit of Share (Tentative) | Jul 03, 2023 | Jul 07, 2023 |
| Listing date (Tentative) | Jul 04, 2023 | Jul 07, 2023 |
| Anchor Lockin End date 1 | Jul 29, 2023 | Aug 04, 2023 |
| Anchor Lockin End date 2 | Sep 27, 2023 | Oct 03, 2023 |
HMA Agro Industries IPO P/E ratio is 19.4, as compared to ideaForge Technology IPO P/E ratio of 87.5.
| HMA Agro Industries IPO | ideaForge Technology IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 100.00 | 33.37 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 30.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.4 | 87.5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹2929.50 Cr. | ₹2800.20 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 13.11% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 0.33 | 12.51% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.75 | 0.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹18.83 | ₹8.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 28.78% | 9.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the HMA Agro Industries IPO Retail Individual Investors (RII) are offered 28,71,795 shares while in ideaForge Technology 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 25,28,596 shares in ideaForge Technology IPO.
| HMA Agro Industries IPO | ideaForge Technology IPO | |
|---|---|---|
| Anchor Investor Reservation | 24,61,537 shares | 37,92,894 shares |
| Market Maker Reservation | ||
| QIB | 16,41,025 shares | 25,28,596 shares |
| NII | 12,30,770 shares | 12,64,297 shares |
| RII | 28,71,795 shares | 8,42,865 shares |
| Employee | 13,112 shares | |
| Others | ||
| Total | 82,05,127 shares | 84,41,764 shares |
HMA Agro Industries IPO subscribed 1.62x in total, whereas ideaForge Technology IPO subscribed 106.06x.
| HMA Agro Industries IPO | ideaForge Technology IPO | |
|---|---|---|
| QIB (times) | 1.74x | 125.81x |
| NII (times) | 2.97x | 80.58x |
| Big NII (times) | 3.82x | 81.99x |
| Small NII (times) | 1.29x | 77.77x |
| RII (times) | 0.96x | 85.20x |
| Employee (times) | 96.65x | |
| Other (times) | ||
| Total (times) | 1.62x | 106.06x |
