HRH Next IPO vs Manoj Ceramic IPO

Comparison between HRH Next IPO and Manoj Ceramic IPO.

IPO Details

HRH Next IPO is a SME Fixed Price IPO proposed to list at NSE SME while Manoj Ceramic IPO is a SME Fixed Price proposed to list at BSE 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 Manoj Ceramic IPO is up to ₹13.74 Cr. The final issue price of HRH Next IPO is ₹36.00 per share and of Manoj Ceramic IPO is ₹62.00 per share.

 HRH Next IPOManoj Ceramic IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹36.00 per share₹62.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares2000 shares
Fresh Issue Size25,23,000 shares22,16,000 shares
Fresh Issue Size (Amount)up to ₹9.08 Crup to ₹13.74 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total25,23,000 shares22,16,000 shares
Issue Size Total (Amount)up to ₹9.08 Crup to ₹13.74 Cr

IPO Timetable

HRH Next IPO opens on Dec 27, 2023, while Manoj Ceramic IPO opens on Dec 27, 2023. The closing date of HRH Next IPO and Manoj Ceramic IPO is Dec 29, 2023, and Dec 29, 2023, respectively.

 HRH Next IPOManoj Ceramic IPO
Issue OpenDec 27, 2023Dec 27, 2023
Issue CloseDec 29, 2023Dec 29, 2023
Basis Of Allotment (Tentative)Jan 01, 2024Jan 01, 2024
Initiation of Refunds (Tentative)Jan 02, 2024Jan 02, 2024
Credit of Share (Tentative)Jan 02, 2024Jan 02, 2024
Listing date (Tentative)Jan 03, 2024Jan 03, 2024

Financials & KPIs

HRH Next IPO P/E ratio is 6.78, as compared to Manoj Ceramic IPO P/E ratio of 0.26.

 HRH Next IPOManoj Ceramic 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 Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets84.9177.8858.6760.75
Total Income43.7574.9345.0037.31
Profit After Tax3.023.620.950.08
NET Worth16.1013.109.488.53
Reserves and Surplus7.609.105.484.53
Total Borrowing58.6350.5534.9639.26
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)97.88%99.55%
Promoter Shareholding (Post-Issue)69.61%71.67%
P/E Ratio6.780.26
Market Cap₹33.14 Cr.₹51.67 Cr.
ROE39.94
ROCE46.57
Debt/Equity0.123.86
EPS₹5.31₹241.62
RoNW33.2927.67

Shares Offered

In the HRH Next IPO Retail Individual Investors (RII) are offered 12,63,000 shares while in Manoj Ceramic IPO retail investors are offered 12,63,000 shares. Qualified Institutional Buyers (QIB) are offered in HRH Next IPO and in Manoj Ceramic IPO.

 HRH Next IPOManoj Ceramic IPO
Market Maker Reservation1,35,000 shares1,18,000 shares
NII12,60,000 shares11,08,000 shares
RII12,63,000 shares11,08,000 shares
Total25,23,000 shares22,16,000 shares

Bids Received (Subscription)

HRH Next IPO subscribed 65.26x in total, whereas Manoj Ceramic IPO subscribed 9.00x.

 HRH Next IPOManoj Ceramic IPO
NII (times)67.07x7.28x
RII (times)63.46x10.73x
Total (times)65.26x9.00x

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HRH Next IPO Vs Manoj Ceramic IPO