Comparison between HOAC Foods IPO and Quest Laboratories IPO.
IPO Details
HOAC Foods IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Quest Laboratories IPO is a SME Bookbuilding proposed to list at NSE 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 Quest Laboratories IPO is up to ₹40.95 Cr. The final issue price of HOAC Foods IPO is ₹48.00 per share and of Quest Laboratories IPO is ₹97.00 per share.
IPO Timetable
HOAC Foods IPO opens on May 16, 2024, while Quest Laboratories IPO opens on May 15, 2024. The closing date of HOAC Foods IPO and Quest Laboratories IPO is May 21, 2024, and May 17, 2024, respectively.
| | HOAC Foods IPO | Quest Laboratories IPO |
|---|
| Anchor Bid Date | | May 14, 2024 |
| Issue Open | May 16, 2024 | May 15, 2024 |
| Issue Close | May 21, 2024 | May 17, 2024 |
| Basis Of Allotment (Tentative) | May 22, 2024 | May 21, 2024 |
| Initiation of Refunds (Tentative) | May 23, 2024 | May 22, 2024 |
| Credit of Share (Tentative) | May 23, 2024 | May 22, 2024 |
| Listing date (Tentative) | May 24, 2024 | May 23, 2024 |
| Anchor Lockin End date 1 | | Jun 20, 2024 |
| Anchor Lockin End date 2 | | Aug 19, 2024 |
Financials & KPIs
HOAC Foods IPO P/E ratio is 21.95, as compared to Quest Laboratories IPO P/E ratio of 23.03.
Shares Offered
In the HOAC Foods IPO Retail Individual Investors (RII) are offered 5,34,000 shares while in Quest Laboratories IPO retail investors are offered 5,34,000 shares. Qualified Institutional Buyers (QIB) are offered in HOAC Foods IPO and 8,31,600 shares in Quest Laboratories IPO.
| | HOAC Foods IPO | Quest Laboratories IPO |
|---|
| Anchor Investor Reservation | | 12,36,000 shares |
| Market Maker Reservation | 93,000 shares | 2,28,000 shares |
| QIB | | 8,31,600 shares |
| NII | 5,28,000 shares | 6,55,200 shares |
| RII | 5,34,000 shares | 14,98,800 shares |
| Employee | | |
| Others | | |
| Total | 10,62,000 shares | 42,21,600 shares |
Bids Received (Subscription)
HOAC Foods IPO subscribed 2,013.64x in total, whereas Quest Laboratories IPO subscribed 85.26x.
