HVAX Technologies IPO vs Paramount Dye Tec IPO

Comparision between HVAX Technologies IPO and Paramount Dye Tec IPO.

IPO Details

HVAX Technologies IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Paramount Dye Tec IPO is a SME Book Built Issue proposed to list at NSE SME.

	HVAX Technologies IPO	Paramount Dye Tec 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	Gretex Corporate Services Limited
Registrar	Kfin Technologies Limited	Bigshare Services Pvt Ltd
Market Maker	Aftertrade Broking Pvt Ltd	Gretex Share Broking Private Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	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 Paramount Dye Tec IPO is up to ₹28.43 Cr. The final issue price of HVAX Technologies IPO is ₹458.00 per share and of Paramount Dye Tec IPO is ₹117.00 per share.

	HVAX Technologies IPO	Paramount Dye Tec IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹435.00 per share	₹111.00 per share
Issue Price (Upper)	₹458.00 per share	₹117.00 per share
Issue Price (Final)	₹458.00 per share	₹117.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	300 shares	1200 shares
Fresh Issue Size	7,32,000 shares	24,30,000 shares
Fresh Issue Size (Amount)	up to ₹33.53 Cr	up to ₹28.43 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	7,32,000 shares	24,30,000 shares
Issue Size Total (Amount)	up to ₹33.53 Cr	up to ₹28.43 Cr

IPO Timetable

HVAX Technologies IPO opens on Sep 27, 2024, while Paramount Dye Tec IPO opens on Sep 30, 2024. The closing date of HVAX Technologies IPO and Paramount Dye Tec IPO is Oct 01, 2024, and Oct 03, 2024, respectively.

	HVAX Technologies IPO	Paramount Dye Tec IPO
Anchor Bid Date	Sep 26, 2024	Sep 27, 2024
Issue Open	Sep 27, 2024	Sep 30, 2024
Issue Close	Oct 01, 2024	Oct 03, 2024
Basis Of Allotment (Tentative)	Oct 03, 2024	Oct 04, 2024
Initiation of Refunds (Tentative)	Oct 04, 2024	Oct 07, 2024
Credit of Share (Tentative)	Oct 04, 2024	Oct 07, 2024
Listing date (Tentative)	Oct 07, 2024	Oct 08, 2024
Anchor Lockin End date 1	Nov 01, 2024	Nov 03, 2024
Anchor Lockin End date 2	Dec 31, 2024	Jan 02, 2025

Financials

HVAX Technologies IPO P/E ratio is 9.97, as compared to Paramount Dye Tec IPO P/E ratio of 14.91.

HVAX Technologies IPO

Paramount Dye Tec 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

Paramount Dye Tec Limited Financial Information (Restated)

Period Ended	31 Mar 2024	31 Jan 2024
Assets	5,549.65	3,490.07
Revenue	2,367.9	2,955.91
Profit After Tax	354.09	278.65
Net Worth	3,032.06	1
Reserves and Surplus	3,029.81
Total Borrowing	1,627.37	2,247.76
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

90.50%

99.97%

Promoter Shareholding (Post-Issue)

66.65%

64.97%

P/E Ratio

9.97

14.91

Market Cap

₹127.18 Cr.

₹81.23 Cr.

ROE

39.29%%

11.68%%

ROCE

25.17%%

16.53%%

Debt/Equity

0.8

0.54

EPS

₹45.92

₹7.85

RoNW

30.69%%

11.68%%

Shares Offered

In the HVAX Technologies IPO retail investors (RII) are offered 2,44,500 shares while in Paramount Dye Tec IPO retail investors are offered 2,44,500 shares. Qualified institutional buyers (QIB) are offered 1,38,000 shares in HVAX Technologies IPO and 4,60,800 shares in Paramount Dye Tec IPO.

	HVAX Technologies IPO	Paramount Dye Tec IPO
Anchor Investor Reserveration	2,07,000 shares	6,91,200 shares
Market Maker Reserveration	37,200 shares	1,22,400 shares
QIB	1,38,000 shares	4,60,800 shares
NII	1,05,300 shares	3,46,800 shares
RII	2,44,500 shares	8,08,800 shares
Employee	0 shares	0 shares
Others
Total	4,87,800 shares	16,16,400 shares

Bids Received (Subscription)

HVAX Technologies IPO subscribed 34.16x in total, whereas Paramount Dye Tec IPO subscribed 50.09x.

	HVAX Technologies IPO	Paramount Dye Tec IPO
QIB (times)	14.02x	10.22x
NII (times)	77.92x	135.31x
Big NII (times)
Small NII (times)
RII (times)	26.69x	36.26x
Employee (times)
Other (times)
Total (times)	34.16x	50.09x

Compare with others

HVAX Technologies IPO	Paramount Dye Tec IPO
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Subam Papers IPO	NeoPolitan Pizza and Foods IPO
Paramount Dye Tec IPO	Subam Papers IPO
Nexxus Petro Industries IPO	HVAX Technologies IPO
Forge Auto International IPO	Nexxus Petro Industries IPO
Sahasra Electronics Solutions IPO	Forge Auto International IPO
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Thinking Hats Entertainment Solutions IPO	Saj Hotels IPO

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