HindPrakash Industries IPO vs Vaxtex Cotfab IPO

Comparison between HindPrakash Industries IPO and Vaxtex Cotfab IPO.

IPO Details

HindPrakash Industries IPO is a SME Fixed Price IPO proposed to list at NSE SME while Vaxtex Cotfab IPO is a SME Fixed Price proposed to list at NSE SME.

Issue Size and Price

The total issue size of HindPrakash Industries IPO is up to ₹10.92 Cr whereas the issue size of the Vaxtex Cotfab IPO is up to ₹3.63 Cr. The final issue price of HindPrakash Industries IPO is ₹40.00 per share and of Vaxtex Cotfab IPO is ₹24.00 per share.

 HindPrakash Industries IPOVaxtex Cotfab IPO
Face Value₹10 per share₹10 per share
Issue Price (Final)₹40.00 per share₹24.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Market Lot Size3000 shares6000 shares
Fresh Issue Size27,30,000 shares15,12,000 shares
Fresh Issue Size (Amount)up to ₹10.92 Crup to ₹3.63 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total27,30,000 shares15,12,000 shares
Issue Size Total (Amount)up to ₹10.92 Crup to ₹3.63 Cr

IPO Timetable

HindPrakash Industries IPO opens on Jan 15, 2020, while Vaxtex Cotfab IPO opens on Dec 27, 2019. The closing date of HindPrakash Industries IPO and Vaxtex Cotfab IPO is Jan 17, 2020, and Jan 03, 2020, respectively.

 HindPrakash Industries IPOVaxtex Cotfab IPO
Issue OpenJan 15, 2020Dec 27, 2019
Issue CloseJan 17, 2020Jan 03, 2020
Basis Of Allotment (Tentative)Jan 22, 2020Jan 08, 2020
Initiation of Refunds (Tentative)Jan 23, 2020Jan 09, 2020
Credit of Share (Tentative)Jan 24, 2020Jan 10, 2020
Listing date (Tentative)Jan 27, 2020Jan 13, 2020

Financials & KPIs

HindPrakash Industries IPO P/E ratio is 11.7, as compared to Vaxtex Cotfab IPO P/E ratio of .

 HindPrakash Industries IPOVaxtex Cotfab IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 201931 Mar 201931 Mar 201831 Mar 2017
Assets47.9348.1431.1634.67
Total Income50.6497.9987.4886.12
Profit After Tax1.782.832.322.14
EBITDA3.275.444.894.67
NET Worth21.2419.5116.6814.38
Reserves and Surplus13.6911.9614.5312.22
Total Borrowing13.1415.2511.4110.85
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 201931 Mar 201931 Mar 201831 Mar 2017
Assets19.7013.5010.194.70
Total Income4.5422.0218.474.46
Profit After Tax0.340.600.170.02
NET Worth5.054.734.133.96
Reserves and Surplus0.644.333.723.55
Total Borrowing8.572.910.21
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)100%100%
Promoter Shareholding (Post-Issue)72.37%73.5%
P/E Ratio11.7
Market Cap₹41.70 Cr.₹14.46 Cr.

Shares Offered

In the HindPrakash Industries IPO Retail Individual Investors (RII) are offered 13,65,000 shares while in Vaxtex Cotfab IPO retail investors are offered 13,65,000 shares. Qualified Institutional Buyers (QIB) are offered in HindPrakash Industries IPO and in Vaxtex Cotfab IPO.

 HindPrakash Industries IPOVaxtex Cotfab IPO
Market Maker Reservation1,50,000 shares84,000 shares
NII13,65,000 shares7,56,000 shares
RII13,65,000 shares7,56,000 shares
Total27,30,000 shares15,12,000 shares

Bids Received (Subscription)

HindPrakash Industries IPO subscribed 2.16x in total, whereas Vaxtex Cotfab IPO subscribed 3.02x.

 HindPrakash Industries IPOVaxtex Cotfab IPO
NII (times)2.96x1.85x
RII (times)1.37x4.19x
Total (times)2.16x3.02x

Compare with others

Compare:

HindPrakash Industries IPO Vs Vaxtex Cotfab IPO