Hariom Atta & Spices IPO vs Rulka Electricals IPO

Comparision between Hariom Atta & Spices IPO and Rulka Electricals IPO.

IPO Details

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

	Hariom Atta & Spices IPO	Rulka Electricals 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	Beeline Capital Advisors Pvt Ltd
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Giriraj Stock Broking Private Limited	Sunflower Broking Private 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 Rulka Electricals IPO is up to ₹26.40 Cr. The final issue price of Hariom Atta & Spices IPO is ₹48.00 per share and of Rulka Electricals IPO is ₹235.00 per share.

	Hariom Atta & Spices IPO	Rulka Electricals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹223.00 per share
Issue Price (Upper)		₹235.00 per share
Issue Price (Final)	₹48.00 per share	₹235.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	600 shares
Fresh Issue Size	11,55,000 shares	8,42,400 shares
Fresh Issue Size (Amount)	up to ₹5.54 Cr	up to ₹19.80 Cr
OFS Issue Size		2,80,800 shares
OFS Issue Size (Amount)		up to ₹6.60 Cr
Issue Size Total	11,55,000 shares	11,23,200 shares
Issue Size Total (Amount)	up to ₹5.54 Cr	up to ₹26.40 Cr

IPO Timetable

Hariom Atta & Spices IPO opens on May 16, 2024, while Rulka Electricals IPO opens on May 16, 2024. The closing date of Hariom Atta & Spices IPO and Rulka Electricals IPO is May 21, 2024, and May 21, 2024, respectively.

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

Financials

Hariom Atta & Spices IPO P/E ratio is 21.95, as compared to Rulka Electricals IPO P/E ratio of 28.62.

Hariom Atta & Spices IPO

Rulka Electricals 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

Rulka Electricals Limited Financial Information (Restated Standalone)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	4,082.09	2,826.95	1,919.04	982.41
Revenue	6,527.77	4,689.78	3,627.41	1,960.11
Profit After Tax	565.77	280.52	112.08	53.72
Net Worth	1,290.15	557.33	276.82	164.74
Reserves and Surplus	948.55	546.33	265.82	153.74
Total Borrowing	1,104.89	527.07	281.46	230.99
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

86.28%

Promoter Shareholding (Post-Issue)

69.95%

69.22%

P/E Ratio

21.95

28.62

Market Cap

₹18.45 Cr.

₹100.07 Cr.

ROE

23.60%%

61.25%%

ROCE

23.43%%

33.67%%

Debt/Equity

0.27

2.16

EPS

₹2.19

₹8.21

RoNW

23.60%%

43.85%%

Shares Offered

In the Hariom Atta & Spices IPO retail investors (RII) are offered 5,31,000 shares while in Rulka Electricals IPO retail investors are offered 5,31,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Hariom Atta & Spices IPO and 2,13,600 shares in Rulka Electricals IPO.

	Hariom Atta & Spices IPO	Rulka Electricals IPO
Anchor Investor Reserveration		3,19,200 shares
Market Maker Reserveration	93,000 shares	56,400 shares
QIB	0 shares	2,13,600 shares
NII	5,31,000 shares	1,60,200 shares
RII	5,31,000 shares	3,73,800 shares
Employee	0 shares	0 shares
Others
Total	10,62,000 shares	7,47,600 shares

Bids Received (Subscription)

Hariom Atta & Spices IPO subscribed 2,013.64x in total, whereas Rulka Electricals IPO subscribed 676.83x.

	Hariom Atta & Spices IPO	Rulka Electricals IPO
QIB (times)		204.22x
NII (times)	1,432.60x	1,350.15x
Big NII (times)
Small NII (times)
RII (times)	2,556.46x	658.32x
Employee (times)
Other (times)
Total (times)	2,013.64x	676.83x

Compare with others

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

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