Hariom Atta & Spices IPO vs Quest Laboratories IPO

Comparision between Hariom Atta & Spices IPO and Quest Laboratories IPO.

IPO Details

Hariom Atta & Spices IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Quest Laboratories IPO is a SME Book Built Issue proposed to list at NSE SME.

	Hariom Atta & Spices IPO	Quest Laboratories IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Shreni Shares Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Rikhav 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 Hariom Atta & Spices IPO is up to ₹5.54 Cr whereas the issue size of the Quest Laboratories IPO is up to ₹43.16 Cr. The final issue price of Hariom Atta & Spices IPO is ₹48.00 per share and of Quest Laboratories IPO is ₹97.00 per share.

	Hariom Atta & Spices IPO	Quest Laboratories IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹93.00 per share
Issue Price (Upper)		₹97.00 per share
Issue Price (Final)	₹48.00 per share	₹97.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	11,55,000 shares	44,49,600 shares
Fresh Issue Size (Amount)	up to ₹5.54 Cr	up to ₹43.16 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	11,55,000 shares	44,49,600 shares
Issue Size Total (Amount)	up to ₹5.54 Cr	up to ₹43.16 Cr

IPO Timetable

Hariom Atta & Spices IPO opens on May 16, 2024, while Quest Laboratories IPO opens on May 15, 2024. The closing date of Hariom Atta & Spices IPO and Quest Laboratories IPO is May 21, 2024, and May 17, 2024, respectively.

	Hariom Atta & Spices IPO	Quest Laboratories IPO
Anchor Bid Date		May 14, 2024
Issue Open	May 16, 2024	May 15, 2024
Issue Close	May 21, 2024	May 17, 2024
Basis Of Allotment (Tentative)	May 22, 2024	May 21, 2024
Initiation of Refunds (Tentative)	May 23, 2024	May 22, 2024
Credit of Share (Tentative)	May 23, 2024	May 22, 2024
Listing date (Tentative)	May 24, 2024	May 23, 2024
Anchor Lockin End date 1		Jun 20, 2024
Anchor Lockin End date 2		Aug 19, 2024

Financials

Hariom Atta & Spices IPO P/E ratio is 21.95, as compared to Quest Laboratories IPO P/E ratio of 23.03.

Hariom Atta & Spices IPO

Quest Laboratories IPO

Financial

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 Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	766.40	491.72	359.71	208.33
Revenue	1,154.71	1,219.05	1,094.03	746.28
Profit After Tax	74.50	58.79	27.33	12.85
Net Worth	315.73	156.86	98.07	32.26
Reserves and Surplus	46.91	135.16	76.37	22.26
Total Borrowing	204.05	190.38	147.50	128.08
Amount in ₹ Lakhs

Quest Laboratories Limited Financial Information (Restated)

Quest Laboratories Limited's revenue increased by 3.9% and profit after tax (PAT) rose by 22.5% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,869.09	4,664.72	3,479.86	1,839.63
Revenue	6,217.83	6,186.60	5,954.20	3,043.55
Profit After Tax	774.93	502.85	410.50	65.50
Net Worth	2,277.15	1,502.21	999.38	588.84
Reserves and Surplus	1,198.39	1,394.33	891.50	480.96
Total Borrowing	460.66	409.69	312.54	304.03
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

90.36%

Promoter Shareholding (Post-Issue)

69.95%

65.82%

P/E Ratio

21.95

23.03

Market Cap

₹18.45 Cr.

₹158.96 Cr.

ROE

23.60%%

34.03%%

ROCE

23.43%%

41.86%%

Debt/Equity

0.27

0.2

EPS

₹2.19

₹4.21

RoNW

23.60%%

34.03%%

Shares Offered

In the Hariom Atta & Spices IPO retail investors (RII) are offered 5,31,000 shares while in Quest Laboratories IPO retail investors are offered 5,31,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Hariom Atta & Spices IPO and 8,31,600 shares in Quest Laboratories IPO.

	Hariom Atta & Spices IPO	Quest Laboratories IPO
Anchor Investor Reserveration		12,36,000 shares
Market Maker Reserveration	93,000 shares	2,28,000 shares
QIB	0 shares	8,31,600 shares
NII	5,31,000 shares	6,55,200 shares
RII	5,31,000 shares	14,98,800 shares
Employee	0 shares	0 shares
Others
Total	10,62,000 shares	29,85,600 shares

Bids Received (Subscription)

Hariom Atta & Spices IPO subscribed 2,013.64x in total, whereas Quest Laboratories IPO subscribed 85.26x.

	Hariom Atta & Spices IPO	Quest Laboratories IPO
QIB (times)		57.20x
NII (times)	1,432.60x	184.10x
Big NII (times)
Small NII (times)
RII (times)	2,556.46x	57.63x
Employee (times)
Other (times)
Total (times)	2,013.64x	85.26x

Compare with others

Hariom Atta & Spices IPO	Quest Laboratories IPO
Ztech India IPO	Beacon Trusteeship IPO
Aimtron Electronics IPO	GSM Foils IPO
Beacon Trusteeship IPO	Vilas Transcore IPO
GSM Foils IPO	Hariom Atta & Spices IPO
Vilas Transcore IPO	Rulka Electricals IPO
Rulka Electricals IPO	Piotex Industries IPO
Quest Laboratories IPO	Veritaas Advertising IPO
Piotex Industries IPO	Indian Emulsifier IPO
Veritaas Advertising IPO	Aztec Fluids & Machinery IPO
Indian Emulsifier IPO	Premier Roadlines IPO

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