HRH Next IPO vs Addictive Learning Technology IPO

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 IPOAddictive 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 Size3000 shares1000 shares
Fresh Issue Size25,23,000 shares38,21,000 shares
Fresh Issue Size (Amount)up to ₹9.08 Crup to ₹53.49 Cr
OFS Issue Size0 shares1,60,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹2.24 Cr
Issue Size Total25,23,000 shares39,81,000 shares
Issue Size Total (Amount)up to ₹9.08 Crup 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 IPOAddictive Learning Technology IPO
Anchor Bid DateJan 18, 2024
Issue OpenDec 27, 2023Jan 19, 2024
Issue CloseDec 29, 2023Jan 24, 2024
Basis Of Allotment (Tentative)Jan 01, 2024Jan 25, 2024
Initiation of Refunds (Tentative)Jan 02, 2024Jan 29, 2024
Credit of Share (Tentative)Jan 02, 2024Jan 29, 2024
Listing date (Tentative)Jan 03, 2024Jan 30, 2024
Anchor Lockin End date 1Feb 24, 2024
Anchor Lockin End date 2Apr 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.

 HRH Next IPOAddictive Learning Technology IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets31.1428.8218.6512.98
Total Income21.5351.2544.2824.24
Profit After Tax1.513.480.930.25
NET Worth13.2110.456.976.04
Reserves and Surplus6.6610.256.775.84
Total Borrowing10.849.914.434.02
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets13.259.211.030.65
Total Income24.8233.5418.596.78
Profit After Tax3.162.47-0.49-0.01
NET Worth5.222.06-0.41-0.02
Reserves and Surplus5.121.96-0.51-0.02
Total Borrowing0.16
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.8892.27
Promoter Shareholding (Post-Issue)69.6167.27
P/E Ratio6.7866.69
Market Cap₹33.14 Cr.₹222.74 Cr.
ROE39.94%119.79%
ROCE46.57157.53%
Debt/Equity0.120.08
EPS₹5.31₹2.10
RoNW33.29%119.79%

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 IPOAddictive Learning Technology IPO
Anchor Investor Reservation11,92,000 shares
Market Maker Reservation1,35,000 shares3,16,000 shares
QIB7,95,000 shares
NII12,60,000 shares5,99,000 shares
RII12,63,000 shares13,95,000 shares
Employee
Others
Total25,23,000 shares39,81,000 shares

Bids Received (Subscription)

HRH Next IPO subscribed 66.29x in total, whereas Addictive Learning Technology IPO subscribed 273.12x.

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HRH Next IPO Vs Addictive Learning Technology IPO