Comparison between HRH Next IPO and Addictive Learning Technology IPO.
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.
| HRH Next IPO | Addictive Learning Technology IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | SS Corporate Securities 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 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 |
| Discount (Employee) | ||
| 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 |
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 |
HRH Next IPO P/E ratio is 6.78, as compared to Addictive Learning Technology IPO P/E ratio of 66.69.
| HRH Next IPO | Addictive Learning Technology IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | HRH Next Services Limited Financial Information (Restated)HRH Next Services Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 273.85% between the financial year ending with March 31, 2023 and March 31, 2022.
| Addictive Learning Technology Limited Financial Information (Restated)Addictive Learning Technology Limited's revenue increased by 80.41% and profit after tax (PAT) rose by 603.63% between the financial year ending with March 31, 2023 and March 31, 2022.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 97.88 | 92.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.61 | 67.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.78 | 66.69 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹33.14 Cr. | ₹222.74 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.94% | 119.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 6.80% | 157.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | 0.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.31 | ₹2.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.29% | 119.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 Reserveration | 11,92,000 shares | |
| Market Maker Reserveration | 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 | ||
| Others | ||
| Total | 25,23,000 shares | 39,81,000 shares |
HRH Next IPO subscribed 66.29x in total, whereas Addictive Learning Technology IPO subscribed 273.12x.
| HRH Next IPO | Addictive Learning Technology IPO | |
|---|---|---|
| QIB (times) | 116.27x | |
| NII (times) | 66.91x | 414.44x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 63.61x | 301.71x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 66.29x | 273.12x |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
