Comparison between HOAC Foods IPO and Veritaas Advertising IPO.
IPO Details
HOAC Foods IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Veritaas Advertising IPO is a SME Bookbuilding proposed to list at NSE SME.
Issue Size and Price
The total issue size of HOAC Foods IPO is up to ₹5.10 Cr whereas the issue size of the Veritaas Advertising IPO is up to ₹8.06 Cr. The final issue price of HOAC Foods IPO is ₹48.00 per share and of Veritaas Advertising IPO is ₹114.00 per share.
IPO Timetable
HOAC Foods IPO opens on May 16, 2024, while Veritaas Advertising IPO opens on May 13, 2024. The closing date of HOAC Foods IPO and Veritaas Advertising IPO is May 21, 2024, and May 15, 2024, respectively.
| | HOAC Foods IPO | Veritaas Advertising IPO |
|---|
| Anchor Bid Date | | May 10, 2024 |
| Issue Open | May 16, 2024 | May 13, 2024 |
| Issue Close | May 21, 2024 | May 15, 2024 |
| Basis Of Allotment (Tentative) | May 22, 2024 | May 16, 2024 |
| Initiation of Refunds (Tentative) | May 23, 2024 | May 17, 2024 |
| Credit of Share (Tentative) | May 23, 2024 | May 17, 2024 |
| Listing date (Tentative) | May 24, 2024 | May 21, 2024 |
| Anchor Lockin End date 1 | | Jun 15, 2024 |
| Anchor Lockin End date 2 | | Aug 14, 2024 |
Financials & KPIs
HOAC Foods IPO P/E ratio is 21.95, as compared to Veritaas Advertising IPO P/E ratio of 54.
Shares Offered
In the HOAC Foods IPO Retail Individual Investors (RII) are offered 5,34,000 shares while in Veritaas Advertising IPO retail investors are offered 5,34,000 shares. Qualified Institutional Buyers (QIB) are offered in HOAC Foods IPO and 1,77,600 shares in Veritaas Advertising IPO.
| | HOAC Foods IPO | Veritaas Advertising IPO |
|---|
| Anchor Investor Reservation | | 1,74,000 shares |
| Market Maker Reservation | 93,000 shares | 37,200 shares |
| QIB | | 1,77,600 shares |
| NII | 5,28,000 shares | 1,06,800 shares |
| RII | 5,34,000 shares | 2,48,400 shares |
| Employee | | |
| Others | | |
| Total | 10,62,000 shares | 7,06,800 shares |
Bids Received (Subscription)
HOAC Foods IPO subscribed 2,013.64x in total, whereas Veritaas Advertising IPO subscribed 621.62x.
