Hippo Cabs IPO vs Suratwwala Business IPO

Comparision between Hippo Cabs IPO and Suratwwala Business IPO.

IPO Details

Hippo Cabs IPO is a SME Fixed Price Issue IPO proposed to list at BSE SME while Suratwwala Business IPO is a SME Fixed Price Issue proposed to list at BSE SME.

	Hippo Cabs IPO	Suratwwala Business IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	BSE SME	BSE SME
Lead Managers	Fast Track Finsec Pvt Ltd	Hem Securities Limited
Registrar	Kfin Technologies Limited	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 Hippo Cabs IPO is up to ₹4.54 Cr whereas the issue size of the Suratwwala Business IPO is up to ₹6.90 Cr. The final issue price of Hippo Cabs IPO is ₹105.00 per share and of Suratwwala Business IPO is ₹15.00 per share.

	Hippo Cabs IPO	Suratwwala Business IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹105.00 per share	₹15.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	8000 shares
Fresh Issue Size	4,33,200 shares
Fresh Issue Size (Amount)	up to ₹4.54 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	4,33,200 shares	46,00,000 shares
Issue Size Total (Amount)	up to ₹4.54 Cr	up to ₹6.90 Cr

IPO Timetable

Hippo Cabs IPO opens on Aug 18, 2020, while Suratwwala Business IPO opens on Aug 03, 2020. The closing date of Hippo Cabs IPO and Suratwwala Business IPO is Aug 20, 2020, and Aug 05, 2020, respectively.

	Hippo Cabs IPO	Suratwwala Business IPO
Anchor Bid Date
Issue Open	Aug 18, 2020	Aug 03, 2020
Issue Close	Aug 20, 2020	Aug 05, 2020
Basis Of Allotment (Tentative)	Aug 25, 2020	Aug 10, 2020
Initiation of Refunds (Tentative)	Aug 26, 2020	Aug 11, 2020
Credit of Share (Tentative)	Aug 27, 2020	Aug 12, 2020
Listing date (Tentative)	Aug 28, 2020	Aug 13, 2020
Anchor Lockin End date 1	Sep 24, 2020	Sep 09, 2020
Anchor Lockin End date 2	Nov 23, 2020	Nov 08, 2020

Financials

Hippo Cabs IPO P/E ratio is , as compared to Suratwwala Business IPO P/E ratio of 83.

Hippo Cabs IPO

Suratwwala Business IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakhs)
	31-March-20	31-Mar-19	31-Mar-18
Total Assets	142.67	51.89	40.30
Total Revenue	269.79	484.11	316.67
Profit After Tax	2.52	(106.88)	(43.64)

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakhs)
	31-March-20	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	5,390.82	4,487.52	3,129.14	2,752.49
Total Revenue	1,088.35	912.62	1,119.91	1,657.82
Profit After Tax	32.46	85.86	296.49	214.38

Promoter Shareholding (Pre-Issue)

87.40%

99.92%

Promoter Shareholding (Post-Issue)

63.77%

73.42%

P/E Ratio

Market Cap

₹26.01 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Hippo Cabs IPO retail investors (RII) are offered 2,05,200 shares while in Suratwwala Business IPO retail investors are offered 2,05,200 shares. Qualified institutional buyers (QIB) are offered in Hippo Cabs IPO and in Suratwwala Business IPO.

	Hippo Cabs IPO	Suratwwala Business IPO
Anchor Investor Reserveration
Market Maker Reserveration	22,800 shares	2,40,000 shares
QIB
NII	2,05,200 shares	21,80,000 shares
RII	2,05,200 shares	21,80,000 shares
Employee
Others
Total	4,10,400 shares	43,60,000 shares

Bids Received (Subscription)

Hippo Cabs IPO subscribed 1.55x in total, whereas Suratwwala Business IPO subscribed 1.31x.

	Hippo Cabs IPO	Suratwwala Business IPO
QIB (times)
NII (times)	0.29x	2.35x
Big NII (times)
Small NII (times)
RII (times)	2.80x	0.28x
Employee (times)
Other (times)
Total (times)	1.55x	1.31x

Compare with others

Hippo Cabs IPO	Suratwwala Business IPO
Veer Global Infraconstruction IPO	GM Polyplast IPO
GM Polyplast IPO	Atam Valves SME IPO
Atam Valves SME IPO	SecMark SME IPO
SecMark SME IPO	Advait Infratech SME IPO
Advait Infratech SME IPO	Hippo Cabs IPO
Suratwwala Business IPO	Bonlon Industries IPO
Bonlon Industries IPO	ksolves India IPO
ksolves India IPO	Billwin Industries IPO
Billwin Industries IPO	DJ Mediaprint IPO
DJ Mediaprint IPO	Laxmi Goldorna IPO

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