Comparison between HOAC Foods IPO and Piotex Industries IPO.
IPO Details
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.
Issue Size and Price
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.
IPO Timetable
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 |
|---|
| 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 |
Financials & KPIs
HOAC Foods IPO P/E ratio is 21.95, as compared to Piotex Industries IPO P/E ratio of 11.14.
Shares Offered
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 |
|---|
| Market Maker Reservation | 93,000 shares | 78,000 shares |
| NII | 5,28,000 shares | 7,30,800 shares |
| RII | 5,34,000 shares | 7,30,800 shares |
| Total | 10,62,000 shares | 14,61,600 shares |
Bids Received (Subscription)
HOAC Foods IPO subscribed 1,994.53x in total, whereas Piotex Industries IPO subscribed 104.27x.
