Comparison between HVAX Technologies IPO and Saj Hotels IPO.
HVAX Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Saj Hotels IPO is a SME Fixed Price proposed to list at NSE SME.
| HVAX Technologies IPO | Saj Hotels IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Fedex Securities Pvt.Ltd. | Corpwis Advisors Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. | Satellite Corporate Services Pvt.Ltd. |
| Market Maker | Aftertrade Broking Pvt.Ltd. | NNM Securities Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of HVAX Technologies IPO is up to ₹31.82 Cr whereas the issue size of the Saj Hotels IPO is up to ₹26.23 Cr. The final issue price of HVAX Technologies IPO is ₹458.00 per share and of Saj Hotels IPO is ₹65.00 per share.
| HVAX Technologies IPO | Saj Hotels IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹435.00 per share | |
| Issue Price (Upper) | ₹458.00 per share | |
| Issue Price (Final) | ₹458.00 per share | ₹65.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 300 shares | 2000 shares |
| Fresh Issue Size | 6,94,800 shares | 40,36,000 shares |
| Fresh Issue Size (Amount) | up to ₹31.82 Cr | up to ₹26.23 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 | 6,94,800 shares | 40,36,000 shares |
| Issue Size Total (Amount) | up to ₹31.82 Cr | up to ₹26.23 Cr |
HVAX Technologies IPO opens on Sep 27, 2024, while Saj Hotels IPO opens on Sep 27, 2024. The closing date of HVAX Technologies IPO and Saj Hotels IPO is Oct 01, 2024, and Oct 01, 2024, respectively.
| HVAX Technologies IPO | Saj Hotels IPO | |
|---|---|---|
| Anchor Bid Date | Sep 26, 2024 | |
| Issue Open | Sep 27, 2024 | Sep 27, 2024 |
| Issue Close | Oct 01, 2024 | Oct 01, 2024 |
| Basis Of Allotment (Tentative) | Oct 03, 2024 | Oct 03, 2024 |
| Initiation of Refunds (Tentative) | Oct 04, 2024 | Oct 04, 2024 |
| Credit of Share (Tentative) | Oct 04, 2024 | Oct 04, 2024 |
| Listing date (Tentative) | Oct 07, 2024 | Oct 07, 2024 |
| Anchor Lockin End date 1 | Nov 01, 2024 | |
| Anchor Lockin End date 2 | Dec 31, 2024 |
HVAX Technologies IPO P/E ratio is 9.97, as compared to Saj Hotels IPO P/E ratio of 21.7.
| HVAX Technologies IPO | Saj Hotels IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 90.5 | 84.12 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 66.65 | 61.94 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 9.97 | 21.7 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹127.18 Cr. | ₹104.81 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 39.29 | 19.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 25.17 | 26.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.80 | 0.17 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹45.92 | ₹3.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.69 | 19.91 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the HVAX Technologies IPO Retail Individual Investors (RII) are offered 2,44,500 shares while in Saj Hotels IPO retail investors are offered 2,44,500 shares. Qualified Institutional Buyers (QIB) are offered 1,38,000 shares in HVAX Technologies IPO and in Saj Hotels IPO.
| HVAX Technologies IPO | Saj Hotels IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,07,000 shares | |
| Market Maker Reservation | 37,200 shares | 2,14,000 shares |
| QIB | 1,38,000 shares | |
| NII | 1,05,300 shares | 20,18,000 shares |
| RII | 2,44,500 shares | 20,18,000 shares |
| Employee | ||
| Others | ||
| Total | 6,94,800 shares | 40,36,000 shares |
HVAX Technologies IPO subscribed 34.16x in total, whereas Saj Hotels IPO subscribed 5.46x.
| HVAX Technologies IPO | Saj Hotels IPO | |
|---|---|---|
| QIB (times) | 14.02x | |
| NII (times) | 77.92x | 2.12x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 26.69x | 8.65x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 34.16x | 5.46x |
