Hariom Atta & Spices IPO vs Piotex Industries IPO

Comparision between Hariom Atta & Spices IPO and Piotex Industries IPO.

IPO Details

Hariom Atta & Spices IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Piotex Industries IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Hariom Atta & Spices IPO	Piotex Industries IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	BSE SME
Lead Managers	GYR Capital Advisors Private Limited	Beeline Capital Advisors Pvt Ltd
Registrar	Kfin Technologies Limited	Cameo Corporate Services Limited
Market Maker	Giriraj Stock Broking Private Limited	Spread X Securities Private Limited
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 Hariom Atta & Spices IPO is up to ₹5.54 Cr whereas the issue size of the Piotex Industries IPO is up to ₹14.47 Cr. The final issue price of Hariom Atta & Spices IPO is ₹48.00 per share and of Piotex Industries IPO is ₹94.00 per share.

	Hariom Atta & Spices IPO	Piotex Industries IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹48.00 per share	₹94.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	11,55,000 shares	15,39,600 shares
Fresh Issue Size (Amount)	up to ₹5.54 Cr	up to ₹14.47 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	11,55,000 shares	15,39,600 shares
Issue Size Total (Amount)	up to ₹5.54 Cr	up to ₹14.47 Cr

IPO Timetable

Hariom Atta & Spices IPO opens on May 16, 2024, while Piotex Industries IPO opens on May 10, 2024. The closing date of Hariom Atta & Spices IPO and Piotex Industries IPO is May 21, 2024, and May 14, 2024, respectively.

	Hariom Atta & Spices IPO	Piotex Industries IPO
Anchor Bid Date
Issue Open	May 16, 2024	May 10, 2024
Issue Close	May 21, 2024	May 14, 2024
Basis Of Allotment (Tentative)	May 22, 2024	May 15, 2024
Initiation of Refunds (Tentative)	May 23, 2024	May 16, 2024
Credit of Share (Tentative)	May 23, 2024	May 16, 2024
Listing date (Tentative)	May 24, 2024	May 17, 2024
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials

Hariom Atta & Spices IPO P/E ratio is 21.95, as compared to Piotex Industries IPO P/E ratio of 11.14.

Hariom Atta & Spices IPO

Piotex Industries 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

Piotex Industries Limited Financial Information (Restated)

Piotex Industries Limited's revenue increased by 37.23% and profit after tax (PAT) rose by 4.17% 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	3,610.59	1,757.68	1,385.47
Revenue	11,893.88	8,667.21	8,046.39
Profit After Tax	300.80	288.75	74.29
Net Worth	897.18	440.07	151.32
Reserves and Surplus	582.47	425.07	136.32
Total Borrowing	445.94	372.30	528.58
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

100.00%

Promoter Shareholding (Post-Issue)

69.95%

69.83%

P/E Ratio

21.95

11.14

Market Cap

₹18.45 Cr.

₹47.97 Cr.

ROE

23.60%%

44.99%%

ROCE

23.43%%

33.20%%

Debt/Equity

0.27

0.5

EPS

₹2.19

₹8.44

RoNW

23.60%%

33.53%%

Shares Offered

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

	Hariom Atta & Spices IPO	Piotex Industries IPO
Anchor Investor Reserveration
Market Maker Reserveration	93,000 shares	78,000 shares
QIB	0 shares	0 shares
NII	5,31,000 shares	7,30,800 shares
RII	5,31,000 shares	7,30,800 shares
Employee	0 shares	0 shares
Others
Total	10,62,000 shares	14,61,600 shares

Bids Received (Subscription)

Hariom Atta & Spices IPO subscribed 2,013.64x in total, whereas Piotex Industries IPO subscribed 107.44x.

	Hariom Atta & Spices IPO	Piotex Industries IPO
QIB (times)
NII (times)	1,432.60x	115.21x
Big NII (times)
Small NII (times)
RII (times)	2,556.46x	93.33x
Employee (times)
Other (times)
Total (times)	2,013.64x	107.44x

Compare with others

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

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