Heranba Industries IPO vs Stove Kraft IPO

Comparision between Heranba Industries IPO and Stove Kraft IPO.

IPO Details

Heranba Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Stove Kraft IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Heranba Industries IPO	Stove Kraft IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Batlivala & Karani Securities India Private Limited Emkay Global Financial Services Ltd	Edelweiss Financial Services Ltd Jm Financial Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Heranba Industries IPO is up to ₹625.24 Cr whereas the issue size of the Stove Kraft IPO is up to ₹412.63 Cr. The final issue price of Heranba Industries IPO is ₹627.00 per share and of Stove Kraft IPO is ₹385.00 per share.

	Heranba Industries IPO	Stove Kraft IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹626.00 per share	₹384.00 per share
Issue Price (Upper)	₹627.00 per share	₹385.00 per share
Issue Price (Final)	₹627.00 per share	₹385.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	23 shares	38 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹60.00 Cr	up to ₹95.00 Cr
OFS Issue Size	90,15,000 shares	82,50,000 shares
OFS Issue Size (Amount)
Issue Size Total
Issue Size Total (Amount)	up to ₹625.24 Cr	up to ₹412.63 Cr

IPO Timetable

Heranba Industries IPO opens on Feb 23, 2021, while Stove Kraft IPO opens on Jan 25, 2021. The closing date of Heranba Industries IPO and Stove Kraft IPO is Feb 25, 2021, and Jan 28, 2021, respectively.

	Heranba Industries IPO	Stove Kraft IPO
Anchor Bid Date
Issue Open	Feb 23, 2021	Jan 25, 2021
Issue Close	Feb 25, 2021	Jan 28, 2021
Basis Of Allotment (Tentative)	Mar 02, 2021	Feb 02, 2021
Initiation of Refunds (Tentative)	Mar 03, 2021	Feb 03, 2021
Credit of Share (Tentative)	Mar 04, 2021	Feb 04, 2021
Listing date (Tentative)	Mar 05, 2021	Feb 05, 2021
Anchor Lockin End date 1	Apr 01, 2021	Mar 04, 2021
Anchor Lockin End date 2	May 31, 2021	May 03, 2021

Financials

Heranba Industries IPO P/E ratio is , as compared to Stove Kraft IPO P/E ratio of .

Heranba Industries IPO

Stove Kraft IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	7,881.20	6,247.63	5,604.43	4,504.65
Total Revenue	6,192.11	9,679.06	10,118.38	7,504.10
Profit After Tax	663.11	977.50	754.02	468.76

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in million)
	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	4,984.99	4,712.91	4,257.26	3,936.42
Total Revenue	3,295.09	6,729.14	6,425.98	5,345.85
Profit After Tax	287.76	31.70	7.36	(120.18)

Promoter Shareholding (Pre-Issue)

98.1%

61.31%

Promoter Shareholding (Post-Issue)

74.1%

54.36%

P/E Ratio

Market Cap

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Heranba Industries IPO retail investors (RII) are offered 34,90,178 shares while in Stove Kraft IPO retail investors are offered 34,90,178 shares. Qualified institutional buyers (QIB) are offered 19,95,448 shares in Heranba Industries IPO and 32,15,260 shares in Stove Kraft IPO.

	Heranba Industries IPO	Stove Kraft IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	19,95,448 shares	32,15,260 shares
NII	14,95,791 shares	16,07,629 shares
RII	34,90,178 shares	10,71,753 shares
Employee	0 shares	0 shares
Others
Total	69,81,417 shares	58,94,642 shares

Bids Received (Subscription)

Heranba Industries IPO subscribed 83.29x in total, whereas Stove Kraft IPO subscribed 18.03x.

	Heranba Industries IPO	Stove Kraft IPO
QIB (times)	67.45x	8.02x
NII (times)	271.15x	32.72x
Big NII (times)
Small NII (times)
RII (times)	11.84x	26.04x
Employee (times)
Other (times)
Total (times)	83.29x	18.03x

Compare with others

Heranba Industries IPO	Stove Kraft IPO
Laxmi Organic IPO	EaseMyTrip IPO
Craftsman Automation IPO	MTAR Technologies IPO
Nazara Technologies IPO	Heranba Industries IPO
EaseMyTrip IPO	Nureca limited IPO
MTAR Technologies IPO	Brookfield India REIT
Nureca limited IPO	Home First Finance IPO
Brookfield India REIT	Indigo Paints IPO
Stove Kraft IPO	Antony Waste IPO
Home First Finance IPO	Mrs. Bectors Food IPO
Indigo Paints IPO	IRFC IPO

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