Baba Food Processing IPO vs ROX Hi-Tech IPO

Comparison between Baba Food Processing IPO and ROX Hi-Tech IPO.

IPO Details

Baba Food Processing IPO is a SME Bookbuilding IPO proposed to list at NSE SME while ROX Hi-Tech IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Baba Food Processing IPO is up to ₹31.23 Cr whereas the issue size of the ROX Hi-Tech IPO is up to ₹47.45 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of ROX Hi-Tech IPO is ₹83.00 per share.

 Baba Food Processing IPOROX Hi-Tech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹72.00 per share₹80.00 per share
Issue Price (Upper)₹76.00 per share₹83.00 per share
Issue Price (Final)₹76.00 per share₹83.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares1600 shares
Fresh Issue Size41,08,800 shares51,69,600 shares
Fresh Issue Size (Amount)up to ₹31.23 Crup to ₹42.91 Cr
OFS Issue Size0 shares5,47,200 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹4.54 Cr
Issue Size Total41,08,800 shares57,16,800 shares
Issue Size Total (Amount)up to ₹31.23 Crup to ₹47.45 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while ROX Hi-Tech IPO opens on Nov 07, 2023. The closing date of Baba Food Processing IPO and ROX Hi-Tech IPO is Nov 07, 2023, and Nov 09, 2023, respectively.

 Baba Food Processing IPOROX Hi-Tech IPO
Anchor Bid DateNov 06, 2023
Issue OpenNov 03, 2023Nov 07, 2023
Issue CloseNov 07, 2023Nov 09, 2023
Basis Of Allotment (Tentative)Nov 10, 2023Nov 15, 2023
Initiation of Refunds (Tentative)Nov 13, 2023Nov 16, 2023
Credit of Share (Tentative)Nov 15, 2023Nov 16, 2023
Listing date (Tentative)Nov 15, 2023Nov 16, 2023
Anchor Lockin End date 1Dec 15, 2023
Anchor Lockin End date 2Feb 13, 2024

Financials & KPIs

Baba Food Processing IPO P/E ratio is , as compared to ROX Hi-Tech IPO P/E ratio of 9.11.

 Baba Food Processing IPOROX Hi-Tech IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 2021
Assets69.8068.1254.6845.84
Total Income41.39189.6497.56107.70
Profit After Tax1.925.032.011.98
NET Worth26.9225.0019.9716.49
Reserves and Surplus14.9220.2015.1711.69
Total Borrowing32.5132.6727.6723.25
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Jul 202331 Mar 202331 Mar 202231 Mar 2021
Assets80.1161.0338.6738.88
Total Income50.01133.99102.9765.48
Profit After Tax6.7615.331.510.66
NET Worth30.9124.158.827.31
Reserves and Surplus14.0916.681.354.06
Total Borrowing28.3922.5817.9511.35
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9983.29
Promoter Shareholding (Post-Issue)
P/E Ratio9.11
Market Cap₹124.20 Cr.₹189.52 Cr.
ROE20.14%63.48%
ROCE15.81%50.17%
Debt/Equity0.94
EPS₹4.20₹9.11
RoNW20.14%63.48%

Shares Offered

In the Baba Food Processing IPO Retail Individual Investors (RII) are offered 28,35,200 shares while in ROX Hi-Tech IPO retail investors are offered 28,35,200 shares. Qualified Institutional Buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and 10,51,200 shares in ROX Hi-Tech IPO.

 Baba Food Processing IPOROX Hi-Tech IPO
Anchor Investor Reservation15,76,000 shares
Market Maker Reservation2,17,600 shares8,48,000 shares
QIB80,000 shares10,51,200 shares
NII11,93,600 shares8,96,000 shares
RII28,35,200 shares21,93,600 shares
Employee
Others
Total41,08,800 shares57,16,800 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas ROX Hi-Tech IPO subscribed 214.44x.

 Baba Food Processing IPOROX Hi-Tech IPO
QIB (times)147.02x106.25x
NII (times)84.73x366.86x
Big NII (times)
Small NII (times)
RII (times)60.82x204.02x
Employee (times)
Other (times)
Total (times)69.44x214.44x

Compare with others

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Baba Food Processing IPO Vs ROX Hi-Tech IPO