HVAX Technologies IPO vs Sahasra Electronics Solutions IPO

Comparision between HVAX Technologies IPO and Sahasra Electronics Solutions IPO.

IPO Details

HVAX Technologies IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Sahasra Electronics Solutions IPO is a SME Book Built Issue proposed to list at NSE SME.

	HVAX Technologies IPO	Sahasra Electronics Solutions 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	Fedex Securities Pvt Ltd	Hem Securities Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Aftertrade Broking Pvt Ltd	Hem Finlease Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of HVAX Technologies IPO is up to ₹33.53 Cr whereas the issue size of the Sahasra Electronics Solutions IPO is up to ₹186.16 Cr. The final issue price of HVAX Technologies IPO is and of Sahasra Electronics Solutions IPO is ₹283.00 per share.

	HVAX Technologies IPO	Sahasra Electronics Solutions IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹435.00 per share	₹269.00 per share
Issue Price (Upper)	₹458.00 per share	₹283.00 per share
Issue Price (Final)		₹283.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	300 shares	400 shares
Fresh Issue Size	7,32,000 shares	60,78,000 shares
Fresh Issue Size (Amount)	up to ₹33.53 Cr	up to ₹172.01 Cr
OFS Issue Size		5,00,000 shares
OFS Issue Size (Amount)		up to ₹14.15 Cr
Issue Size Total	7,32,000 shares	65,78,000 shares
Issue Size Total (Amount)	up to ₹33.53 Cr	up to ₹186.16 Cr

IPO Timetable

HVAX Technologies IPO opens on Sep 27, 2024, while Sahasra Electronics Solutions IPO opens on Sep 26, 2024. The closing date of HVAX Technologies IPO and Sahasra Electronics Solutions IPO is Oct 01, 2024, and Sep 30, 2024, respectively.

	HVAX Technologies IPO	Sahasra Electronics Solutions IPO
Anchor Bid Date	Sep 26, 2024	Sep 25, 2024
Issue Open	Sep 27, 2024	Sep 26, 2024
Issue Close	Oct 01, 2024	Sep 30, 2024
Basis Of Allotment (Tentative)	Oct 03, 2024	Oct 01, 2024
Initiation of Refunds (Tentative)	Oct 04, 2024	Oct 03, 2024
Credit of Share (Tentative)	Oct 04, 2024	Oct 03, 2024
Listing date (Tentative)	Oct 07, 2024	Oct 04, 2024
Anchor Lockin End date 1	Nov 02, 2024	Oct 31, 2024
Anchor Lockin End date 2	Jan 01, 2025	Dec 30, 2024

Financials

HVAX Technologies IPO P/E ratio is 9.97, as compared to Sahasra Electronics Solutions IPO P/E ratio of 16.41.

HVAX Technologies IPO

Sahasra Electronics Solutions IPO

Financial

HVAX Technologies Limited Financial Information (Restated)

HVAX Technologies Limited's revenue increased by 12% and profit after tax (PAT) rose by 80% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,366.32	7,825.59	5,386.78
Revenue	10,746.99	9,613.86	6,879.13
Profit After Tax	939.07	520.37	418.15
Net Worth	3,059.83	1,720.77	1,200.4
Reserves and Surplus	2,991.67	1,659.08	1,138.71
Total Borrowing	2,437.29	1,692.21	1,010.03
Amount in ₹ Lakhs

Sahasra Electronics Solutions Limited Financial Information (Restated)

Sahasra Electronics Solutions Limited's revenue increased by 866% and profit after tax (PAT) rose by 1315% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023
Assets	10,804.36	4,820.23
Revenue	10,278.79	1,063.91
Profit After Tax	3,262.77	230.55
Net Worth	6,031.69	2,027.5
Reserves and Surplus	4,140.21	230.55
Total Borrowing	2,171.89	689.84
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.50%

95.00%

Promoter Shareholding (Post-Issue)

66.65%

69.90%

P/E Ratio

9.97

16.41

Market Cap

₹127.18 Cr.

₹707.30 Cr.

ROE

39.29%%

54.09%%

ROCE

25.17%%

42.50%%

Debt/Equity

0.8

0.36

EPS

₹45.92

₹17.25

RoNW

30.69%%

54.09%%

Shares Offered

In the HVAX Technologies IPO retail investors (RII) are offered while in Sahasra Electronics Solutions IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in HVAX Technologies IPO and 12,49,600 shares in Sahasra Electronics Solutions IPO.

	HVAX Technologies IPO	Sahasra Electronics Solutions IPO
Anchor Investor Reserveration	2,07,000 shares	18,74,000 shares
Market Maker Reserveration	37,200 shares	3,29,000 shares
QIB		12,49,600 shares
NII		9,38,200 shares
RII		21,87,200 shares
Employee		0 shares
Others
Total		43,75,000 shares

Bids Received (Subscription)

HVAX Technologies IPO subscribed in total, whereas Sahasra Electronics Solutions IPO subscribed 5.07x.

	HVAX Technologies IPO	Sahasra Electronics Solutions IPO
QIB (times)		6.38x
NII (times)		2.70x
Big NII (times)
Small NII (times)
RII (times)		5.34x
Employee (times)
Other (times)
Total (times)		5.07x

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HVAX Technologies IPO	Sahasra Electronics Solutions IPO
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