Comparison between HOAC Foods IPO and Rulka Electricals IPO.
HOAC Foods IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Rulka Electricals IPO is a SME Bookbuilding proposed to list at NSE SME.
| HOAC Foods IPO | Rulka Electricals 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. | Beeline Capital Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Giriraj Stock Broking Pvt.Ltd. | Sunflower Broking Pvt.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 Rulka Electricals IPO is up to ₹25.07 Cr. The final issue price of HOAC Foods IPO is ₹48.00 per share and of Rulka Electricals IPO is ₹235.00 per share.
| HOAC Foods IPO | Rulka Electricals IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹223.00 per share | |
| Issue Price (Upper) | ₹235.00 per share | |
| Issue Price (Final) | ₹48.00 per share | ₹235.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 600 shares |
| Fresh Issue Size | 10,62,000 shares | 7,86,000 shares |
| Fresh Issue Size (Amount) | up to ₹5.10 Cr | up to ₹18.47 Cr |
| OFS Issue Size | 0 shares | 2,80,800 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹6.60 Cr |
| Issue Size Total | 10,62,000 shares | 10,66,800 shares |
| Issue Size Total (Amount) | up to ₹5.10 Cr | up to ₹25.07 Cr |
HOAC Foods IPO opens on May 16, 2024, while Rulka Electricals IPO opens on May 16, 2024. The closing date of HOAC Foods IPO and Rulka Electricals IPO is May 21, 2024, and May 21, 2024, respectively.
| HOAC Foods IPO | Rulka Electricals IPO | |
|---|---|---|
| Anchor Bid Date | May 15, 2024 | |
| Issue Open | May 16, 2024 | May 16, 2024 |
| Issue Close | May 21, 2024 | May 21, 2024 |
| Basis Of Allotment (Tentative) | May 22, 2024 | May 22, 2024 |
| Initiation of Refunds (Tentative) | May 23, 2024 | May 23, 2024 |
| Credit of Share (Tentative) | May 23, 2024 | May 23, 2024 |
| Listing date (Tentative) | May 24, 2024 | May 24, 2024 |
| Anchor Lockin End date 1 | Jun 21, 2024 | |
| Anchor Lockin End date 2 | Aug 20, 2024 |
HOAC Foods IPO P/E ratio is 21.95, as compared to Rulka Electricals IPO P/E ratio of 28.62.
| HOAC Foods IPO | Rulka Electricals 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.
| Rulka Electricals Limited Financial Information (Restated Standalone)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.99 | 86.28 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.95 | 69.22 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 21.95 | 28.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹18.45 Cr. | ₹100.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 23.60% | 61.25% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 23.43% | 33.67% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.27 | 2.16 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹2.19 | ₹8.21 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 23.60% | 43.85% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the HOAC Foods IPO Retail Individual Investors (RII) are offered 5,34,000 shares while in Rulka Electricals IPO retail investors are offered 5,34,000 shares. Qualified Institutional Buyers (QIB) are offered in HOAC Foods IPO and 2,13,600 shares in Rulka Electricals IPO.
| HOAC Foods IPO | Rulka Electricals IPO | |
|---|---|---|
| Anchor Investor Reserveration | 3,19,200 shares | |
| Market Maker Reserveration | 93,000 shares | 56,400 shares |
| QIB | 2,13,600 shares | |
| NII | 5,28,000 shares | 1,60,200 shares |
| RII | 5,34,000 shares | 3,73,800 shares |
| Employee | ||
| Others | ||
| Total | 10,62,000 shares | 10,66,800 shares |
HOAC Foods IPO subscribed 2,013.64x in total, whereas Rulka Electricals IPO subscribed 676.83x.
| HOAC Foods IPO | Rulka Electricals IPO | |
|---|---|---|
| QIB (times) | 204.22x | |
| NII (times) | 1,432.60x | 1,350.15x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 2,556.46x | 658.32x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 2,013.64x | 676.83x |
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