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Harshdeep Hortico IPO vs Mayank Cattle Food IPO

Comparison between Harshdeep Hortico IPO and Mayank Cattle Food IPO.

IPO Details

Harshdeep Hortico IPO is a SME Fixed Price IPO proposed to list at BSE SME while Mayank Cattle Food IPO is a SME Fixed Price proposed to list at BSE SME.

 Harshdeep Hortico IPOMayank Cattle Food IPO
LogoHarshdeep Hortico IPO LogoMayank Cattle Food IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingFixed Price
Listing AtBSE SMEBSE SME
Lead ManagersHem Securities Ltd.Finshore Management Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.Cameo Corporate Services Ltd.
Market MakerHem Finlease Pvt.Ltd.Rikhav Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Harshdeep Hortico IPO is up to ₹18.12 Cr whereas the issue size of the Mayank Cattle Food IPO is up to ₹18.47 Cr. The final issue price of Harshdeep Hortico IPO is ₹45.00 per share and of Mayank Cattle Food IPO is ₹108.00 per share.

 Harshdeep Hortico IPOMayank Cattle Food IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹42.00 per share
Issue Price (Upper)₹45.00 per share
Issue Price (Final)₹45.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size40,26,000 shares17,10,000 shares
Fresh Issue Size (Amount)up to ₹18.12 Crup to ₹18.47 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total40,26,000 shares17,10,000 shares
Issue Size Total (Amount)up to ₹18.12 Crup to ₹18.47 Cr

IPO Timetable

Harshdeep Hortico IPO opens on Jan 29, 2024, while Mayank Cattle Food IPO opens on Jan 29, 2024. The closing date of Harshdeep Hortico IPO and Mayank Cattle Food IPO is Jan 31, 2024, and Jan 31, 2024, respectively.

 Harshdeep Hortico IPOMayank Cattle Food IPO
Anchor Bid DateJan 25, 2024
Issue OpenJan 29, 2024Jan 29, 2024
Issue CloseJan 31, 2024Jan 31, 2024
Basis Of Allotment (Tentative)Feb 01, 2024Feb 01, 2024
Initiation of Refunds (Tentative)Feb 02, 2024Feb 02, 2024
Credit of Share (Tentative)Feb 02, 2024Feb 02, 2024
Listing date (Tentative)Feb 05, 2024Feb 05, 2024
Anchor Lockin End date 1Mar 02, 2024
Anchor Lockin End date 2May 01, 2024

Financials & KPIs

Harshdeep Hortico IPO P/E ratio is 0, as compared to Mayank Cattle Food IPO P/E ratio of 29.58.

 Harshdeep Hortico IPOMayank Cattle Food IPO
Financials

Harshdeep Hortico Limited Financial Information (Restated)

Period Ended31 Jul 202331 Mar 2023
Assets3,059.494.89
Total Income1,482.84
Profit After Tax177.24-0.27
Net Worth1,325.824.73
Reserves and Surplus1,318.85-0.27
Total Borrowing636.82
Amount in ₹ Lakhs

Mayank Cattle Food Limited Financial Information (Restated)

Mayank Cattle Food Limited's revenue decreased by -4.15% and profit after tax (PAT) rose by 64.45% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets5,122.444,893.644,163.853,433.62
Total Income7,527.1530,958.1432,300.1718,652.89
Profit After Tax57.37131.4379.9271.81
Net Worth533.37475.99344.56264.63
Reserves and Surplus173.37455.99324.56244.63
Total Borrowing3,788.353,961.003,163.532,531.49
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)97.3897.50
Promoter Shareholding (Post-Issue)71.7265.00
P/E Ratio029.58
Market Cap₹72.42 Cr.₹58.32 Cr.
ROE32%
ROCE11.27%
Debt/Equity9.13
EPS₹0.00₹3.65
RoNW27.61%

Shares Offered

In the Harshdeep Hortico IPO Retail Individual Investors (RII) are offered 14,10,000 shares while in Mayank Cattle Food IPO retail investors are offered 14,10,000 shares. Qualified Institutional Buyers (QIB) are offered 8,04,000 shares in Harshdeep Hortico IPO and in Mayank Cattle Food IPO.

 Harshdeep Hortico IPOMayank Cattle Food IPO
Anchor Investor Reserveration12,06,000 shares
Market Maker Reserveration2,16,000 shares90,000 shares
QIB8,04,000 shares
NII6,06,000 shares8,54,400 shares
RII14,10,000 shares8,55,600 shares
Employee
Others
Total40,26,000 shares17,10,000 shares

Bids Received (Subscription)

Harshdeep Hortico IPO subscribed 131.69x in total, whereas Mayank Cattle Food IPO subscribed 8.83x.

 Harshdeep Hortico IPOMayank Cattle Food IPO
QIB (times)213.53x
NII (times)181.95x5.90x
Big NII (times)
Small NII (times)
RII (times)98.25x11.77x
Employee (times)
Other (times)
Total (times)131.69x8.83x