HMA Agro Industries IPO vs Utkarsh Small Finance Bank IPO

Comparison between HMA Agro Industries IPO and Utkarsh Small Finance Bank IPO.

IPO Details

HMA Agro Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Utkarsh Small Finance Bank IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of HMA Agro Industries IPO is up to ₹480.00 Cr whereas the issue size of the Utkarsh Small Finance Bank IPO is up to ₹500.00 Cr. The final issue price of HMA Agro Industries IPO is ₹585.00 per share and of Utkarsh Small Finance Bank IPO is ₹25.00 per share.

 HMA Agro Industries IPOUtkarsh Small Finance Bank IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹555.00 per share₹23.00 per share
Issue Price (Upper)₹585.00 per share₹25.00 per share
Issue Price (Final)₹585.00 per share₹25.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size25 shares600 shares
Fresh Issue Size25,64,102 shares20,00,00,000 shares
Fresh Issue Size (Amount)up to ₹150.00 Crup to ₹500.00 Cr
OFS Issue Size56,41,025 shares0 shares
OFS Issue Size (Amount)up to ₹330.00 Crup to ₹0.00 Cr
Issue Size Total82,05,127 shares20,00,00,000 shares
Issue Size Total (Amount)up to ₹480.00 Crup to ₹500.00 Cr

IPO Timetable

HMA Agro Industries IPO opens on Jun 20, 2023, while Utkarsh Small Finance Bank IPO opens on Jul 12, 2023. The closing date of HMA Agro Industries IPO and Utkarsh Small Finance Bank IPO is Jun 23, 2023, and Jul 14, 2023, respectively.

 HMA Agro Industries IPOUtkarsh Small Finance Bank IPO
Anchor Bid DateJun 19, 2023Jul 11, 2023
Issue OpenJun 20, 2023Jul 12, 2023
Issue CloseJun 23, 2023Jul 14, 2023
Basis Of Allotment (Tentative)Jun 29, 2023Jul 19, 2023
Initiation of Refunds (Tentative)Jun 30, 2023Jul 20, 2023
Credit of Share (Tentative)Jul 03, 2023Jul 21, 2023
Listing date (Tentative)Jul 04, 2023Jul 21, 2023
Anchor Lockin End date 1Jul 29, 2023Aug 18, 2023
Anchor Lockin End date 2Sep 27, 2023Oct 17, 2023

Financials & KPIs

HMA Agro Industries IPO P/E ratio is 19.4, as compared to Utkarsh Small Finance Bank IPO P/E ratio of 6.78.

 HMA Agro Industries IPOUtkarsh Small Finance Bank IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Assets856.11572.04472.85549.27
Total Income3,138.981,720.402,416.612,784.03
Profit After Tax117.6271.6045.9031.17
NET Worth374.65258.69187.05141.45
Reserves and Surplus327.03254.92183.32137.73
Total Borrowing330.02181.34169.13131.98
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets19,117.5415,063.7712,137.919,404.32
Total Income2,804.292,033.651,705.841,406.18
Profit After Tax404.5061.46111.82186.74
NET Worth2,000.321,572.301,368.351,019.50
Reserves and Surplus1,104.42676.78520.02260.23
Total Borrowing2,349.482,571.942,607.832,675.04
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100.0084.75
Promoter Shareholding (Post-Issue)69.28
P/E Ratio19.46.78
Market Cap₹2929.50 Cr.₹2739.76 Cr.
ROE22.64%
ROCE0.33
Debt/Equity0.758.03
EPS₹18.83₹4.52
RoNW28.78%20.22%

Shares Offered

In the HMA Agro Industries IPO Retail Individual Investors (RII) are offered 28,71,795 shares while in Utkarsh Small Finance Bank IPO retail investors are offered 28,71,795 shares. Qualified Institutional Buyers (QIB) are offered 16,41,025 shares in HMA Agro Industries IPO and 5,94,00,000 shares in Utkarsh Small Finance Bank IPO.

 HMA Agro Industries IPOUtkarsh Small Finance Bank IPO
Anchor Investor Reservation24,61,537 shares8,91,00,000 shares
Market Maker Reservation
QIB16,41,025 shares5,94,00,000 shares
NII12,30,770 shares2,97,00,000 shares
RII28,71,795 shares1,98,00,000 shares
Employee20,00,000 shares
Others
Total82,05,127 shares20,00,00,000 shares

Bids Received (Subscription)

HMA Agro Industries IPO subscribed 1.62x in total, whereas Utkarsh Small Finance Bank IPO subscribed 110.77x.

 HMA Agro Industries IPOUtkarsh Small Finance Bank IPO
QIB (times)1.74x135.71x
NII (times)2.97x88.74x
Big NII (times)3.82x91.83x
Small NII (times)1.29x82.57x
RII (times)0.96x78.38x
Employee (times)18.02x
Other (times)
Total (times)1.62x110.77x

Compare with others

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HMA Agro Industries IPO Vs Utkarsh Small Finance Bank IPO