Comparison between HRH Next IPO and New Swan Multitech IPO.
HRH Next IPO is a SME Bookbuilding IPO proposed to list at NSE SME while New Swan Multitech IPO is a SME Bookbuilding proposed to list at BSE SME.
| HRH Next IPO | New Swan Multitech IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | BSE SME |
| Lead Managers | Finshore Management Services Ltd. | Share India Capital Services Pvt.Ltd. |
| Registrar | Cameo Corporate Services Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Hem Finlease Pvt.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 New Swan Multitech IPO is up to ₹31.42 Cr. The final issue price of HRH Next IPO is ₹36.00 per share and of New Swan Multitech IPO is ₹66.00 per share.
| HRH Next IPO | New Swan Multitech IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹62.00 per share | |
| Issue Price (Upper) | ₹66.00 per share | |
| Issue Price (Final) | ₹36.00 per share | ₹66.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 25,23,000 shares | 47,60,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.08 Cr | up to ₹31.42 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 25,23,000 shares | 47,60,000 shares |
| Issue Size Total (Amount) | up to ₹9.08 Cr | up to ₹31.42 Cr |
HRH Next IPO opens on Dec 27, 2023, while New Swan Multitech IPO opens on Jan 11, 2024. The closing date of HRH Next IPO and New Swan Multitech IPO is Dec 29, 2023, and Jan 15, 2024, respectively.
| HRH Next IPO | New Swan Multitech IPO | |
|---|---|---|
| Anchor Bid Date | Jan 10, 2024 | |
| Issue Open | Dec 27, 2023 | Jan 11, 2024 |
| Issue Close | Dec 29, 2023 | Jan 15, 2024 |
| Basis Of Allotment (Tentative) | Jan 01, 2024 | Jan 16, 2024 |
| Initiation of Refunds (Tentative) | Jan 02, 2024 | Jan 17, 2024 |
| Credit of Share (Tentative) | Jan 02, 2024 | Jan 17, 2024 |
| Listing date (Tentative) | Jan 03, 2024 | Jan 18, 2024 |
| Anchor Lockin End date 1 | Feb 15, 2024 | |
| Anchor Lockin End date 2 | Apr 15, 2024 |
HRH Next IPO P/E ratio is 6.78, as compared to New Swan Multitech IPO P/E ratio of 9.32.
| HRH Next IPO | New Swan Multitech 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.
| New Swan Multitech Limited Financial Information (Restated)New Swan Multitech Limited's revenue increased by 4.05% and profit after tax (PAT) rose by 173.15% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 97.88 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.61 | 73.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.78 | 9.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹33.14 Cr. | ₹125.51 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.94% | 33.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 6.80% | 24.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.12 | 1.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.31 | ₹7.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 33.29% | 33.27% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the HRH Next IPO Retail Individual Investors (RII) are offered 12,63,000 shares while in New Swan Multitech IPO retail investors are offered 12,63,000 shares. Qualified Institutional Buyers (QIB) are offered in HRH Next IPO and 9,52,000 shares in New Swan Multitech IPO.
| HRH Next IPO | New Swan Multitech IPO | |
|---|---|---|
| Anchor Investor Reserveration | 14,28,000 shares | |
| Market Maker Reserveration | 1,35,000 shares | 2,56,000 shares |
| QIB | 9,52,000 shares | |
| NII | 12,60,000 shares | 7,14,000 shares |
| RII | 12,63,000 shares | 16,66,000 shares |
| Employee | ||
| Others | ||
| Total | 25,23,000 shares | 47,60,000 shares |
HRH Next IPO subscribed 66.29x in total, whereas New Swan Multitech IPO subscribed 384.26x.
| HRH Next IPO | New Swan Multitech IPO | |
|---|---|---|
| QIB (times) | 110.69x | |
| NII (times) | 66.91x | 739.72x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 63.61x | 388.23x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 66.29x | 384.26x |
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