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Onyx Biotec IPO vs United Heat Transfer IPO

Comparison between Onyx Biotec IPO and United Heat Transfer IPO.

IPO Details

Onyx Biotec IPO is a SME Bookbuilding IPO proposed to list at NSE SME while United Heat Transfer IPO is a SME Bookbuilding proposed to list at NSE SME.

 Onyx Biotec IPOUnited Heat Transfer IPO
LogoOnyx Biotec IPO LogoUnited Heat Transfer IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersHorizon Management Pvt.Ltd.Swastika Investmart Ltd.
RegistrarMAS Services Ltd.MUFG Intime India Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.Swastika Investmart Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of Onyx Biotec IPO is up to ₹27.85 Cr whereas the issue size of the United Heat Transfer IPO is up to ₹28.49 Cr. The final issue price of Onyx Biotec IPO is ₹61.00 per share and of United Heat Transfer IPO is ₹59.00 per share.

 Onyx Biotec IPOUnited Heat Transfer IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹58.00 per share₹56.00 per share
Issue Price (Upper)₹61.00 per share₹59.00 per share
Issue Price (Final)₹61.00 per share₹59.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size2000 shares2000 shares
Fresh Issue Size45,66,000 shares48,28,000 shares
Fresh Issue Size (Amount)up to ₹27.85 Crup to ₹28.49 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,66,000 shares48,28,000 shares
Issue Size Total (Amount)up to ₹27.85 Crup to ₹28.49 Cr

IPO Timetable

Onyx Biotec IPO opens on Nov 13, 2024, while United Heat Transfer IPO opens on Oct 22, 2024. The closing date of Onyx Biotec IPO and United Heat Transfer IPO is Nov 18, 2024, and Oct 24, 2024, respectively.

 Onyx Biotec IPOUnited Heat Transfer IPO
Anchor Bid DateNov 12, 2024Oct 21, 2024
Issue OpenNov 13, 2024Oct 22, 2024
Issue CloseNov 18, 2024Oct 24, 2024
Basis Of Allotment (Tentative)Nov 19, 2024Oct 25, 2024
Initiation of Refunds (Tentative)Nov 20, 2024Oct 28, 2024
Credit of Share (Tentative)Nov 20, 2024Oct 28, 2024
Listing date (Tentative)Nov 22, 2024Oct 29, 2024
Anchor Lockin End date 1Dec 19, 2024Nov 23, 2024
Anchor Lockin End date 2Feb 17, 2025Jan 22, 2025

Financials & KPIs

Onyx Biotec IPO P/E ratio is 26.81, as compared to United Heat Transfer IPO P/E ratio of 13.16.

 Onyx Biotec IPOUnited Heat Transfer IPO
Financials

Onyx Biotec Limited Financial Information (Restated)

Onyx Biotec Limited's revenue increased by 35.99% and profit after tax (PAT) rose by 64.35% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 May 202431 Mar 202431 Mar 202331 Mar 2022
Assets7,476.577,413.585,872.363,683.84
Total Income1,054.115,387.433,961.654,498.09
Profit After Tax130.77303.16184.46335.29
Net Worth2,618.642,487.871,820.161,637.59
Reserves and Surplus1,286.421,155.651,230.001,047.43
Total Borrowing3,156.143,078.042,922.831,224.39
Amount in ₹ Lakhs

United Heat Transfer Limited Financial Information (Restated)

United Heat Transfer Limited's revenue decreased by -9% and profit after tax (PAT) rose by 195% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Jul 202431 Mar 202431 Mar 202331 Mar 2022
Assets7,230.037,046.676,481.526,262.36
Total Income2,120.016,409.557,040.154,796.11
Profit After Tax242.53623.85211.54152.67
Net Worth2,865.242,037.711,413.861,202.32
Reserves and Surplus1,473.24762.71988.86777.32
Total Borrowing3,202.133,692.183,295.183,761.47
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)88.6091.59
Promoter Shareholding (Post-Issue)67.09
P/E Ratio26.8113.16
Market Cap₹110.61 Cr.₹112.12 Cr.
ROE4.99%8.46%
ROCE3.71%10.79%
Debt/Equity1.211.12
EPS₹2.28₹4.48
RoNW4.99%8.46%

Shares Offered

In the Onyx Biotec IPO Retail Individual Investors (RII) are offered 16,00,000 shares while in United Heat Transfer IPO retail investors are offered 16,00,000 shares. Qualified Institutional Buyers (QIB) are offered 9,12,000 shares in Onyx Biotec IPO and 9,74,000 shares in United Heat Transfer IPO.

 Onyx Biotec IPOUnited Heat Transfer IPO
Anchor Investor Reserveration13,66,000 shares14,34,000 shares
Market Maker Reserveration2,44,000 shares2,56,000 shares
QIB9,12,000 shares9,74,000 shares
NII6,88,000 shares7,28,000 shares
RII16,00,000 shares16,92,000 shares
Employee
Others
Total45,66,000 shares48,28,000 shares

Bids Received (Subscription)

Onyx Biotec IPO subscribed 198.00x in total, whereas United Heat Transfer IPO subscribed 83.70x.

 Onyx Biotec IPOUnited Heat Transfer IPO
QIB (times)32.49x26.56x
NII (times)602.86x124.72x
Big NII (times)
Small NII (times)
RII (times)118.26x98.93x
Employee (times)
Other (times)
Total (times)198.00x83.70x