Heranba Industries IPO vs Nureca limited IPO

Comparision between Heranba Industries IPO and Nureca limited IPO.

IPO Details

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

	Heranba Industries IPO	Nureca limited 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	Iti Capital Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private Ltd
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 Nureca limited IPO is up to ₹100.00 Cr. The final issue price of Heranba Industries IPO is ₹627.00 per share and of Nureca limited IPO is ₹400.00 per share.

	Heranba Industries IPO	Nureca limited IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹626.00 per share	₹396.00 per share
Issue Price (Upper)	₹627.00 per share	₹400.00 per share
Issue Price (Final)	₹627.00 per share	₹400.00 per share
Discount (Retail)
Discount (Employee)		₹20.00 per share
Market Lot Size	23 shares	35 shares
Fresh Issue Size
Fresh Issue Size (Amount)	up to ₹60.00 Cr	up to ₹100.00 Cr
OFS Issue Size	90,15,000 shares
OFS Issue Size (Amount)
Issue Size Total
Issue Size Total (Amount)	up to ₹625.24 Cr	up to ₹100.00 Cr

IPO Timetable

Heranba Industries IPO opens on Feb 23, 2021, while Nureca limited IPO opens on Feb 15, 2021. The closing date of Heranba Industries IPO and Nureca limited IPO is Feb 25, 2021, and Feb 17, 2021, respectively.

	Heranba Industries IPO	Nureca limited IPO
Anchor Bid Date
Issue Open	Feb 23, 2021	Feb 15, 2021
Issue Close	Feb 25, 2021	Feb 17, 2021
Basis Of Allotment (Tentative)	Mar 02, 2021	Feb 23, 2021
Initiation of Refunds (Tentative)	Mar 03, 2021	Feb 24, 2021
Credit of Share (Tentative)	Mar 04, 2021	Feb 24, 2021
Listing date (Tentative)	Mar 05, 2021	Feb 25, 2021
Anchor Lockin End date 1	Apr 01, 2021	Mar 25, 2021
Anchor Lockin End date 2	May 31, 2021	May 24, 2021

Financials

Heranba Industries IPO P/E ratio is , as compared to Nureca limited IPO P/E ratio of .

Heranba Industries IPO

Nureca limited 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	1,024.88	338.83	235.18	70.19
Total Revenue	1,229.73	994.87	619.83	200.69
Profit After Tax	361.80	63.95	62.26	31.12

Promoter Shareholding (Pre-Issue)

98.1%

93.33%

Promoter Shareholding (Post-Issue)

74.1%

70%

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 Nureca limited IPO retail investors are offered 34,90,178 shares. Qualified institutional buyers (QIB) are offered 19,95,448 shares in Heranba Industries IPO and 7,50,000 shares in Nureca limited IPO.

	Heranba Industries IPO	Nureca limited IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	19,95,448 shares	7,50,000 shares
NII	14,95,791 shares	3,75,000 shares
RII	34,90,178 shares	2,50,000 shares
Employee	0 shares	26,595 shares
Others
Total	69,81,417 shares	14,01,595 shares

Bids Received (Subscription)

Heranba Industries IPO subscribed 83.29x in total, whereas Nureca limited IPO subscribed 39.93x.

	Heranba Industries IPO	Nureca limited IPO
QIB (times)	67.45x	3.10x
NII (times)	271.15x	31.59x
Big NII (times)
Small NII (times)
RII (times)	11.84x	166.65x
Employee (times)		4.82x
Other (times)
Total (times)	83.29x	39.93x

Compare with others

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

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