Comparison between Heranba Industries IPO and MTAR Technologies IPO.
Heranba Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while MTAR Technologies IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Heranba Industries IPO is up to ₹625.24 Cr whereas the issue size of the MTAR Technologies IPO is up to ₹596.41 Cr. The final issue price of Heranba Industries IPO is ₹627.00 per share and of MTAR Technologies IPO is ₹575.00 per share.
| Heranba Industries IPO | MTAR Technologies IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹626.00 per share | ₹574.00 per share |
| Issue Price (Upper) | ₹627.00 per share | ₹575.00 per share |
| Issue Price (Final) | ₹627.00 per share | ₹575.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 23 shares | 26 shares |
| Fresh Issue Size | 9,56,937 shares | 21,48,149 shares |
| Fresh Issue Size (Amount) | up to ₹60.00 Cr | up to ₹123.52 Cr |
| OFS Issue Size | 90,15,000 shares | 82,24,270 shares |
| OFS Issue Size (Amount) | up to ₹565.24 Cr | up to ₹472.90 Cr |
| Issue Size Total | 99,71,937 shares | 1,03,72,419 shares |
| Issue Size Total (Amount) | up to ₹625.24 Cr | up to ₹596.41 Cr |
Heranba Industries IPO opens on Feb 23, 2021, while MTAR Technologies IPO opens on Mar 03, 2021. The closing date of Heranba Industries IPO and MTAR Technologies IPO is Feb 25, 2021, and Mar 05, 2021, respectively.
| Heranba Industries IPO | MTAR Technologies IPO | |
|---|---|---|
| Anchor Bid Date | Feb 22, 2021 | Mar 02, 2021 |
| Issue Open | Feb 23, 2021 | Mar 03, 2021 |
| Issue Close | Feb 25, 2021 | Mar 05, 2021 |
| Basis Of Allotment (Tentative) | Mar 02, 2021 | Mar 10, 2021 |
| Initiation of Refunds (Tentative) | Mar 03, 2021 | Mar 12, 2021 |
| Credit of Share (Tentative) | Mar 04, 2021 | Mar 15, 2021 |
| Listing date (Tentative) | Mar 05, 2021 | Mar 15, 2021 |
| Anchor Lockin End date 1 | Apr 01, 2021 | Apr 09, 2021 |
| Anchor Lockin End date 2 | May 31, 2021 | Jun 08, 2021 |
Heranba Industries IPO P/E ratio is , as compared to MTAR Technologies IPO P/E ratio of .
| Heranba Industries IPO | MTAR Technologies IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 98.1 | 62.24 | ||||
| Promoter Shareholding (Post-Issue) | 74.1 | 50.25 | ||||
| P/E Ratio | ||||||
| Market Cap | ₹3048.89 Cr. | ₹1768.68 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | ||||||
| EPS | ||||||
| RoNW |
In the Heranba Industries IPO Retail Individual Investors (RII) are offered 34,90,178 shares while in MTAR Technologies IPO retail investors are offered 34,90,178 shares. Qualified Institutional Buyers (QIB) are offered 19,95,448 shares in Heranba Industries IPO and 20,74,484 shares in MTAR Technologies IPO.
| Heranba Industries IPO | MTAR Technologies IPO | |
|---|---|---|
| Anchor Investor Reservation | 29,90,520 shares | 31,11,725 shares |
| Market Maker Reservation | ||
| QIB | 19,95,448 shares | 20,74,484 shares |
| NII | 14,95,791 shares | 15,55,863 shares |
| RII | 34,90,178 shares | 36,30,347 shares |
| Employee | ||
| Others | ||
| Total | 99,71,937 shares | 1,03,72,419 shares |
Heranba Industries IPO subscribed 83.29x in total, whereas MTAR Technologies IPO subscribed 200.79x.
| Heranba Industries IPO | MTAR Technologies IPO | |
|---|---|---|
| QIB (times) | 67.45x | 164.99x |
| NII (times) | 271.15x | 650.79x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 11.84x | 28.40x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 83.29x | 200.79x |
