Comparison between HOAC Foods IPO and Piotex Industries IPO.
HOAC Foods IPO is a SME Fixed Price IPO proposed to list at NSE SME while Piotex Industries IPO is a SME Fixed Price proposed to list at BSE SME.
| HOAC Foods IPO | Piotex Industries IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | BSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Cameo Corporate Services Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Spread X Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of HOAC Foods IPO is up to ₹5.10 Cr whereas the issue size of the Piotex Industries IPO is up to ₹13.74 Cr. The final issue price of HOAC Foods IPO is ₹48.00 per share and of Piotex Industries IPO is ₹94.00 per share.
| HOAC Foods IPO | Piotex Industries IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹48.00 per share | ₹94.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 1200 shares |
| Fresh Issue Size | 10,62,000 shares | 14,61,600 shares |
| Fresh Issue Size (Amount) | up to ₹5.10 Cr | up to ₹13.74 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 | 10,62,000 shares | 14,61,600 shares |
| Issue Size Total (Amount) | up to ₹5.10 Cr | up to ₹13.74 Cr |
HOAC Foods IPO opens on May 16, 2024, while Piotex Industries IPO opens on May 10, 2024. The closing date of HOAC Foods IPO and Piotex Industries IPO is May 21, 2024, and May 14, 2024, respectively.
| HOAC Foods IPO | Piotex Industries IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | May 16, 2024 | May 10, 2024 |
| Issue Close | May 21, 2024 | May 14, 2024 |
| Basis Of Allotment (Tentative) | May 22, 2024 | May 15, 2024 |
| Initiation of Refunds (Tentative) | May 23, 2024 | May 16, 2024 |
| Credit of Share (Tentative) | May 23, 2024 | May 16, 2024 |
| Listing date (Tentative) | May 24, 2024 | May 17, 2024 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
HOAC Foods IPO P/E ratio is 21.95, as compared to Piotex Industries IPO P/E ratio of 11.14.
| HOAC Foods IPO | Piotex Industries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | HOAC Foods India Limited Financial Information (Restated)HOAC Foods India Limited's revenue increased by 11.43% and profit after tax (PAT) rose by 115.11% between the financial year ending with March 31, 2023 and March 31, 2022.
| Piotex Industries Limited Financial Information (Restated)Piotex Industries Limited's revenue increased by 37.23% and profit after tax (PAT) rose by 4.17% between the financial year ending with March 31, 2024 and March 31, 2023.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 100.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.95 | 69.83 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.95 | 11.14 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹18.45 Cr. | ₹47.97 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.60% | 44.99% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.43% | 33.20% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 0.50 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.19 | ₹8.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.60% | 33.53% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the HOAC Foods IPO Retail Individual Investors (RII) are offered 5,34,000 shares while in Piotex Industries IPO retail investors are offered 5,34,000 shares. Qualified Institutional Buyers (QIB) are offered in HOAC Foods IPO and in Piotex Industries IPO.
| HOAC Foods IPO | Piotex Industries IPO | |
|---|---|---|
| Anchor Investor Reserveration | ||
| Market Maker Reserveration | 93,000 shares | 78,000 shares |
| QIB | ||
| NII | 5,28,000 shares | 7,30,800 shares |
| RII | 5,34,000 shares | 7,30,800 shares |
| Employee | ||
| Others | ||
| Total | 10,62,000 shares | 14,61,600 shares |
HOAC Foods IPO subscribed 2,013.64x in total, whereas Piotex Industries IPO subscribed 107.44x.
| HOAC Foods IPO | Piotex Industries IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 1,432.60x | 115.21x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2,556.46x | 93.33x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2,013.64x | 107.44x |
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