Comparison between HOAC Foods IPO and Quest Laboratories IPO.
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.
| HOAC Foods IPO | Quest Laboratories IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | NSE SME | NSE SME |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. | Shreni Shares Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Rikhav Securities 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 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.
| HOAC Foods IPO | Quest Laboratories IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹93.00 per share | |
| Issue Price (Upper) | ₹97.00 per share | |
| Issue Price (Final) | ₹48.00 per share | ₹97.00 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 | 42,21,600 shares |
| Fresh Issue Size (Amount) | up to ₹5.10 Cr | up to ₹40.95 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 | 42,21,600 shares |
| Issue Size Total (Amount) | up to ₹5.10 Cr | up to ₹40.95 Cr |
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 |
HOAC Foods IPO P/E ratio is 21.95, as compared to Quest Laboratories IPO P/E ratio of 23.03.
| HOAC Foods IPO | Quest Laboratories 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.
| Quest Laboratories Limited Financial Information (Restated)Quest Laboratories Limited's revenue increased by 3.9% and profit after tax (PAT) rose by 22.5% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Promoter Shareholding (Pre-Issue) | 99.99 | 90.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.95 | 65.82 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.95 | 23.03 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹18.45 Cr. | ₹158.96 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.60% | 34.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.43% | 41.86% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 0.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.19 | ₹4.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.60% | 34.03% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 Reserveration | 12,36,000 shares | |
| Market Maker Reserveration | 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 |
HOAC Foods IPO subscribed 2,013.64x in total, whereas Quest Laboratories IPO subscribed 85.26x.
| HOAC Foods IPO | Quest Laboratories IPO | |
|---|---|---|
| QIB (times) | 57.20x | |
| NII (times) | 1,432.60x | 184.10x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2,556.46x | 57.63x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2,013.64x | 85.26x |
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