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HOAC Foods IPO vs Z-Tech IPO

Comparison between HOAC Foods IPO and Z-Tech IPO.

IPO Details

HOAC Foods IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Z-Tech IPO is a SME Bookbuilding proposed to list at NSE SME.

 HOAC Foods IPOZ-Tech IPO
LogoHOAC Foods IPO LogoZ-Tech IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeFixed PriceBookbuilding
Listing AtNSE SMENSE SME
Lead ManagersGYR Capital Advisors Pvt.Ltd.Narnolia Financial Services Ltd.
RegistrarKfin Technologies Ltd.Maashitla Securities Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.NVS Brokerage Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of HOAC Foods IPO is up to ₹5.10 Cr whereas the issue size of the Z-Tech IPO is up to ₹35.43 Cr. The final issue price of HOAC Foods IPO is ₹48.00 per share and of Z-Tech IPO is ₹110.00 per share.

 HOAC Foods IPOZ-Tech IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹104.00 per share
Issue Price (Upper)₹110.00 per share
Issue Price (Final)₹48.00 per share₹110.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size3000 shares1200 shares
Fresh Issue Size10,62,000 shares32,20,800 shares
Fresh Issue Size (Amount)up to ₹5.10 Crup to ₹35.43 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total10,62,000 shares32,20,800 shares
Issue Size Total (Amount)up to ₹5.10 Crup to ₹35.43 Cr

IPO Timetable

HOAC Foods IPO opens on May 16, 2024, while Z-Tech IPO opens on May 29, 2024. The closing date of HOAC Foods IPO and Z-Tech IPO is May 21, 2024, and May 31, 2024, respectively.

 HOAC Foods IPOZ-Tech IPO
Anchor Bid DateMay 28, 2024
Issue OpenMay 16, 2024May 29, 2024
Issue CloseMay 21, 2024May 31, 2024
Basis Of Allotment (Tentative)May 22, 2024Jun 03, 2024
Initiation of Refunds (Tentative)May 23, 2024Jun 05, 2024
Credit of Share (Tentative)May 23, 2024Jun 05, 2024
Listing date (Tentative)May 24, 2024Jun 05, 2024
Anchor Lockin End date 1Jul 03, 2024
Anchor Lockin End date 2Sep 01, 2024

Financials & KPIs

HOAC Foods IPO P/E ratio is 21.95, as compared to Z-Tech IPO P/E ratio of 13.27.

 HOAC Foods IPOZ-Tech IPO
Financials

HOAC Foods India Limited Financial Information (Restated)

HOAC Foods India Limited's revenue increased by 11.43% and profit after tax (PAT) rose by 115.11% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets766.40491.72359.71208.33
Total Income1,154.711,219.051,094.03746.28
Profit After Tax74.5058.7927.3312.85
Net Worth315.73156.8698.0732.26
Reserves and Surplus46.91135.1676.3722.26
Total Borrowing204.05190.38147.50128.08
Amount in ₹ Lakhs

Ztech India Limited Financial Information (Restated Consolidated)

Ztech India Limited's revenue increased by 160.28% and profit after tax (PAT) rose by 296.44% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 202231 Mar 2021
Assets4,192.242,339.621,925.111,973.14
Total Income6,737.022,588.403,083.892,395.67
Profit After Tax779.83196.718.4264.62
Net Worth2,191.00998.95802.24793.82
Reserves and Surplus1,250.39888.95692.25683.82
Total Borrowing130.8471.0371.7493.75
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue)99.9982.65
Promoter Shareholding (Post-Issue)69.9560.75
P/E Ratio21.9513.27
Market Cap₹18.45 Cr.₹140.77 Cr.
ROE23.60%34%
ROCE23.43%44.02%
Debt/Equity0.270.06
EPS₹2.19₹8.29
RoNW23.60%34%

Shares Offered

In the HOAC Foods IPO Retail Individual Investors (RII) are offered 5,34,000 shares while in Z-Tech IPO retail investors are offered 5,34,000 shares. Qualified Institutional Buyers (QIB) are offered in HOAC Foods IPO and 6,44,400 shares in Z-Tech IPO.

 HOAC Foods IPOZ-Tech IPO
Anchor Investor Reserveration9,64,800 shares
Market Maker Reserveration93,000 shares1,70,400 shares
QIB6,44,400 shares
NII5,28,000 shares4,83,600 shares
RII5,34,000 shares11,28,000 shares
Employee
Others
Total10,62,000 shares32,20,800 shares

Bids Received (Subscription)

HOAC Foods IPO subscribed 2,013.64x in total, whereas Z-Tech IPO subscribed 371.39x.

 HOAC Foods IPOZ-Tech IPO
QIB (times)123.10x
NII (times)1,432.60x832.37x
Big NII (times)
Small NII (times)
RII (times)2,556.46x315.59x
Employee (times)
Other (times)
Total (times)2,013.64x371.39x