HVAX Technologies IPO vs Sahasra Electronic Solutions IPO

Comparison between HVAX Technologies IPO and Sahasra Electronic Solutions IPO.

IPO Details

HVAX Technologies IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Sahasra Electronic Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of HVAX Technologies IPO is up to ₹31.82 Cr whereas the issue size of the Sahasra Electronic Solutions IPO is up to ₹176.83 Cr. The final issue price of HVAX Technologies IPO is ₹458.00 per share and of Sahasra Electronic Solutions IPO is ₹283.00 per share.

 HVAX Technologies IPOSahasra Electronic Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹435.00 per share₹269.00 per share
Issue Price (Upper)₹458.00 per share₹283.00 per share
Issue Price (Final)₹458.00 per share₹283.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size300 shares400 shares
Fresh Issue Size6,94,800 shares57,48,400 shares
Fresh Issue Size (Amount)up to ₹31.82 Crup to ₹162.68 Cr
OFS Issue Size0 shares5,00,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹14.15 Cr
Issue Size Total6,94,800 shares62,48,400 shares
Issue Size Total (Amount)up to ₹31.82 Crup to ₹176.83 Cr

IPO Timetable

HVAX Technologies IPO opens on Sep 27, 2024, while Sahasra Electronic Solutions IPO opens on Sep 26, 2024. The closing date of HVAX Technologies IPO and Sahasra Electronic Solutions IPO is Oct 01, 2024, and Sep 30, 2024, respectively.

 HVAX Technologies IPOSahasra Electronic Solutions IPO
Anchor Bid DateSep 26, 2024Sep 25, 2024
Issue OpenSep 27, 2024Sep 26, 2024
Issue CloseOct 01, 2024Sep 30, 2024
Basis Of Allotment (Tentative)Oct 03, 2024Oct 01, 2024
Initiation of Refunds (Tentative)Oct 04, 2024Oct 03, 2024
Credit of Share (Tentative)Oct 04, 2024Oct 03, 2024
Listing date (Tentative)Oct 07, 2024Oct 04, 2024
Anchor Lockin End date 1Nov 01, 2024Oct 31, 2024
Anchor Lockin End date 2Dec 31, 2024Dec 30, 2024

Financials & KPIs

HVAX Technologies IPO P/E ratio is 9.97, as compared to Sahasra Electronic Solutions IPO P/E ratio of 16.41.

 HVAX Technologies IPOSahasra Electronic Solutions IPO
Financials

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets63.6678.2653.87
Total Income107.4796.1468.79
Profit After Tax9.395.204.18
NET Worth30.6017.2112.00
Reserves and Surplus29.9216.5911.39
Total Borrowing24.3716.9210.10
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202431 Mar 2023
Assets108.0448.20
Total Income102.7910.64
Profit After Tax32.632.31
NET Worth60.3220.28
Reserves and Surplus41.402.31
Total Borrowing21.726.90
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)90.595
Promoter Shareholding (Post-Issue)66.6569.9
P/E Ratio9.9716.41
Market Cap₹127.18 Cr.₹707.30 Cr.
ROE39.2954.09
ROCE25.1742.50
Debt/Equity0.800.36
EPS₹45.92₹17.25
RoNW30.6954.09

Shares Offered

In the HVAX Technologies IPO Retail Individual Investors (RII) are offered 2,44,500 shares while in Sahasra Electronic Solutions IPO retail investors are offered 2,44,500 shares. Qualified Institutional Buyers (QIB) are offered 1,38,000 shares in HVAX Technologies IPO and 12,49,600 shares in Sahasra Electronic Solutions IPO.

 HVAX Technologies IPOSahasra Electronic Solutions IPO
Anchor Investor Reservation2,07,000 shares18,74,000 shares
Market Maker Reservation37,200 shares3,29,600 shares
QIB1,38,000 shares12,49,600 shares
NII1,05,300 shares9,37,600 shares
RII2,44,500 shares21,87,200 shares
Employee
Others
Total6,94,800 shares62,48,400 shares

Bids Received (Subscription)

HVAX Technologies IPO subscribed 23.99x in total, whereas Sahasra Electronic Solutions IPO subscribed 85.47x.

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