Comparison between Hariom Pipe Industries IPO and Prudent Corporate Advisory IPO.
Hariom Pipe Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Prudent Corporate Advisory IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Hariom Pipe Industries IPO is up to ₹130.05 Cr whereas the issue size of the Prudent Corporate Advisory IPO is up to ₹428.28 Cr. The final issue price of Hariom Pipe Industries IPO is ₹153.00 per share and of Prudent Corporate Advisory IPO is ₹630.00 per share.
| Hariom Pipe Industries IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹144.00 per share | ₹595.00 per share |
| Issue Price (Upper) | ₹153.00 per share | ₹630.00 per share |
| Issue Price (Final) | ₹153.00 per share | ₹630.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹59.00 per share | |
| Market Lot Size | 98 shares | 23 shares |
| Fresh Issue Size | 85,00,000 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹130.05 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 0 shares | 68,08,820 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹428.28 Cr |
| Issue Size Total | 85,00,000 shares | 68,08,820 shares |
| Issue Size Total (Amount) | up to ₹130.05 Cr | up to ₹428.28 Cr |
Hariom Pipe Industries IPO opens on Mar 30, 2022, while Prudent Corporate Advisory IPO opens on May 10, 2022. The closing date of Hariom Pipe Industries IPO and Prudent Corporate Advisory IPO is Apr 05, 2022, and May 12, 2022, respectively.
| Hariom Pipe Industries IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Anchor Bid Date | May 09, 2022 | |
| Issue Open | Mar 30, 2022 | May 10, 2022 |
| Issue Close | Apr 05, 2022 | May 12, 2022 |
| Basis Of Allotment (Tentative) | Apr 08, 2022 | May 18, 2022 |
| Initiation of Refunds (Tentative) | Apr 11, 2022 | May 19, 2022 |
| Credit of Share (Tentative) | Apr 12, 2022 | May 20, 2022 |
| Listing date (Tentative) | Apr 13, 2022 | May 20, 2022 |
| Anchor Lockin End date 1 | Jun 17, 2022 | |
| Anchor Lockin End date 2 | Aug 16, 2022 |
Hariom Pipe Industries IPO P/E ratio is 15.15, as compared to Prudent Corporate Advisory IPO P/E ratio of 33.94.
| Hariom Pipe Industries IPO | Prudent Corporate Advisory IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 99.10 | 56.78 | ||||
| Promoter Shareholding (Post-Issue) | 66 | 56.78 | ||||
| P/E Ratio | 15.15 | 33.94 | ||||
| Market Cap | ₹389.79 Cr. | ₹2608.62 Cr. | ||||
| ROE | 21.38 | |||||
| ROCE | 27.41 | 28.73 | ||||
| Debt/Equity | 1.13 | |||||
| EPS | ₹10.64 | ₹10.96 | ||||
| RoNW | 21.38 | 28.73 |
In the Hariom Pipe Industries IPO Retail Individual Investors (RII) are offered 29,75,000 shares while in Prudent Corporate Advisory IPO retail investors are offered 29,75,000 shares. Qualified Institutional Buyers (QIB) are offered 25,50,000 shares in Hariom Pipe Industries IPO and 16,87,101 shares in Prudent Corporate Advisory IPO.
| Hariom Pipe Industries IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| Anchor Investor Reservation | 25,30,651 shares | |
| Market Maker Reservation | ||
| QIB | 25,50,000 shares | 16,87,101 shares |
| NII | 29,75,000 shares | 12,65,326 shares |
| RII | 29,75,000 shares | 29,52,427 shares |
| Employee | 1,13,835 shares | |
| Others | ||
| Total | 85,00,000 shares | 85,49,340 shares |
Hariom Pipe Industries IPO subscribed 7.93x in total, whereas Prudent Corporate Advisory IPO subscribed 1.22x.
| Hariom Pipe Industries IPO | Prudent Corporate Advisory IPO | |
|---|---|---|
| QIB (times) | 1.91x | 1.26x |
| NII (times) | 8.87x | 0.99x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 12.15x | 1.29x |
| Employee (times) | 1.23x | |
| Other (times) | ||
| Total (times) | 7.93x | 1.22x |
