Baba Food Processing IPO vs ROX Hi-Tech IPO

Comparision between Baba Food Processing IPO and ROX Hi-Tech IPO.

IPO Details

Baba Food Processing IPO is a SME Book Built Issue IPO proposed to list at NSE SME while ROX Hi-Tech IPO is a SME Book Built Issue proposed to list at NSE SME.

	Baba Food Processing IPO	ROX Hi-Tech IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Horizon Management Private Limited	Swaraj shares and securities private limited
Registrar	Mas Services Limited	Purva Sharegistry India Pvt Ltd
Market Maker	Nikunj Stock Brokers Limited	Share India Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Baba Food Processing IPO is up to ₹33.00 Cr whereas the issue size of the ROX Hi-Tech IPO is up to ₹54.49 Cr. The final issue price of Baba Food Processing IPO is ₹76.00 per share and of ROX Hi-Tech IPO is ₹83.00 per share.

	Baba Food Processing IPO	ROX Hi-Tech IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹72.00 per share	₹80.00 per share
Issue Price (Upper)	₹76.00 per share	₹83.00 per share
Issue Price (Final)	₹76.00 per share	₹83.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1600 shares	1600 shares
Fresh Issue Size	43,42,105 shares	60,17,600 shares
Fresh Issue Size (Amount)	up to ₹33.00 Cr	up to ₹49.95 Cr
OFS Issue Size		5,47,200 shares
OFS Issue Size (Amount)		up to ₹4.54 Cr
Issue Size Total	43,42,105 shares	65,64,800 shares
Issue Size Total (Amount)	up to ₹33.00 Cr	up to ₹54.49 Cr

IPO Timetable

Baba Food Processing IPO opens on Nov 03, 2023, while ROX Hi-Tech IPO opens on Nov 07, 2023. The closing date of Baba Food Processing IPO and ROX Hi-Tech IPO is Nov 07, 2023, and Nov 09, 2023, respectively.

	Baba Food Processing IPO	ROX Hi-Tech IPO
Anchor Bid Date		Nov 06, 2023
Issue Open	Nov 03, 2023	Nov 07, 2023
Issue Close	Nov 07, 2023	Nov 09, 2023
Basis Of Allotment (Tentative)	Nov 10, 2023	Nov 15, 2023
Initiation of Refunds (Tentative)	Nov 13, 2023	Nov 16, 2023
Credit of Share (Tentative)	Nov 15, 2023	Nov 16, 2023
Listing date (Tentative)	Nov 15, 2023	Nov 16, 2023
Anchor Lockin End date 1	Dec 10, 2023	Dec 15, 2023
Anchor Lockin End date 2	Feb 08, 2024	Feb 13, 2024

Financials

Baba Food Processing IPO P/E ratio is , as compared to ROX Hi-Tech IPO P/E ratio of 9.11.

Baba Food Processing IPO

ROX Hi-Tech IPO

Financial

Baba Food Processing India Limited Financial Information (Restated Consolidated)

Baba Food Processing India Limited's revenue increased by 94.38% and profit after tax (PAT) rose by 150.14% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Jun 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,980.33	6,811.54	5,467.80	4,583.95
Revenue	4,138.75	18,964.17	9,756.30	10,769.55
Profit After Tax	192.29	503.44	201.26	198.14
Net Worth	2,692.36	2,499.97	1,996.53	1,648.95
Reserves and Surplus	1,492.26	2,019.97	1,516.53	1,168.95
Total Borrowing	3,250.94	3,266.54	2,766.60	2,325.45
Amount in ₹ Lakhs

ROX Hi-Tech Limited Financial Information (Restated)

ROX Hi-Tech Limited's revenue increased by 30.12% and profit after tax (PAT) rose by 913.13% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Jul 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	8,010.87	6,103.26	3,866.72	3,887.58
Revenue	5,001.20	13,398.85	10,297.25	6,547.94
Profit After Tax	675.89	1,532.97	151.31	66.15
Net Worth	3,090.93	2,415.03	882.06	730.75
Reserves and Surplus	1,409.05	1,667.53	134.56	405.75
Total Borrowing	2,838.79	2,258.36	1,794.59	1,135.32
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99

83.29%

Promoter Shareholding (Post-Issue)

P/E Ratio

9.11

Market Cap

₹124.20 Cr.

₹189.52 Cr.

ROE

20.14%%

63.48%%

ROCE

15.81%%

50.17%%

Debt/Equity

0.94

EPS

₹4.20

₹9.11

RoNW

20.14%%

63.48%%

Shares Offered

In the Baba Food Processing IPO retail investors (RII) are offered 28,35,200 shares while in ROX Hi-Tech IPO retail investors are offered 28,35,200 shares. Qualified institutional buyers (QIB) are offered 80,000 shares in Baba Food Processing IPO and 10,51,200 shares in ROX Hi-Tech IPO.

	Baba Food Processing IPO	ROX Hi-Tech IPO
Anchor Investor Reserveration		15,80,800 shares
Market Maker Reserveration	2,17,600 shares	8,48,000 shares
QIB	80,000 shares	10,51,200 shares
NII	11,93,600 shares	8,96,000 shares
RII	28,35,200 shares	21,93,600 shares
Employee	0 shares	0 shares
Others
Total	41,08,800 shares	41,40,800 shares

Bids Received (Subscription)

Baba Food Processing IPO subscribed 69.44x in total, whereas ROX Hi-Tech IPO subscribed 214.44x.

	Baba Food Processing IPO	ROX Hi-Tech IPO
QIB (times)	147.02x	106.25x
NII (times)	84.73x	366.86x
Big NII (times)
Small NII (times)
RII (times)	60.82x	204.02x
Employee (times)
Other (times)
Total (times)	69.44x	214.44x

Compare with others

Baba Food Processing IPO	ROX Hi-Tech IPO
Arrowhead Seperation Engineering IPO	Deepak Chemtex IPO
Kalyani Cast Tech IPO	Swashthik Plascon IPO
ROX Hi-Tech IPO	Rockingdeals Circular Economy IPO
Sunrest Lifescience IPO	Arrowhead Seperation Engineering IPO
Sheetal Universal IPO	Kalyani Cast Tech IPO
Micropro Software Solutions IPO	Sunrest Lifescience IPO
SAR Televenture IPO	Sheetal Universal IPO
Vrundavan Plantation IPO	Baba Food Processing IPO
Mish Designs IPO	Micropro Software Solutions IPO
KK Shah Hospitals IPO	SAR Televenture IPO

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