HindPrakash IPO vs Vaxtex Cotfab IPO

Comparision between HindPrakash IPO and Vaxtex Cotfab IPO.

IPO Details

HindPrakash IPO is a SME Fixed Price Issue IPO proposed to list at NSE SME while Vaxtex Cotfab IPO is a SME Fixed Price Issue proposed to list at NSE SME.

	HindPrakash IPO	Vaxtex Cotfab IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Fixed Price Issue
Listing At	NSE SME	NSE SME
Lead Managers	Hem Securities Limited	Capitalsquare Advisors Private Limited
Registrar	Bigshare Services Pvt Ltd	Bigshare Services Pvt 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 HindPrakash IPO is up to ₹11.52 Cr whereas the issue size of the Vaxtex Cotfab IPO is up to ₹3.83 Cr. The final issue price of HindPrakash IPO is ₹40.00 per share and of Vaxtex Cotfab IPO is ₹24.00 per share.

	HindPrakash IPO	Vaxtex Cotfab IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)	₹40.00 per share	₹24.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	6000 shares
Fresh Issue Size
Fresh Issue Size (Amount)
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	28,80,000 shares	15,96,000 shares
Issue Size Total (Amount)	up to ₹11.52 Cr	up to ₹3.83 Cr

IPO Timetable

HindPrakash IPO opens on Jan 15, 2020, while Vaxtex Cotfab IPO opens on Dec 27, 2019. The closing date of HindPrakash IPO and Vaxtex Cotfab IPO is Jan 17, 2020, and Jan 03, 2020, respectively.

	HindPrakash IPO	Vaxtex Cotfab IPO
Anchor Bid Date
Issue Open	Jan 15, 2020	Dec 27, 2019
Issue Close	Jan 17, 2020	Jan 03, 2020
Basis Of Allotment (Tentative)		Jan 08, 2020
Initiation of Refunds (Tentative)	Jan 23, 2020	Jan 09, 2020
Credit of Share (Tentative)	Jan 24, 2020	Jan 10, 2020
Listing date (Tentative)	Jan 27, 2020	Jan 13, 2020
Anchor Lockin End date 1		Feb 07, 2020
Anchor Lockin End date 2		Apr 07, 2020

Financials

HindPrakash IPO P/E ratio is 11.7, as compared to Vaxtex Cotfab IPO P/E ratio of .

HindPrakash IPO

Vaxtex Cotfab IPO

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakh)
	30-Sept-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	4,793.36	4,813.53	3,116.38	3,467.16
Total Revenue	5063.80	9,799.48	8,747.58	8,611.78
Profit After Tax	177.81	283.42	231.91	214.26

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Jun-19	31-Mar-19	31-Mar-18	31-Mar-17
Total Assets	1,969.99	1,350.29	1,018.76	470.00
Total Revenue	454.46	2,201.80	1,846.63	446.06
Profit After Tax	33.58	60.20	17.09	1.85

Promoter Shareholding (Pre-Issue)

100%

98.50%

Promoter Shareholding (Post-Issue)

72.37%

73.50 %

P/E Ratio

11.7

Market Cap

₹41.70 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the HindPrakash IPO retail investors (RII) are offered 13,65,000 shares while in Vaxtex Cotfab IPO retail investors are offered 13,65,000 shares. Qualified institutional buyers (QIB) are offered in HindPrakash IPO and in Vaxtex Cotfab IPO.

	HindPrakash IPO	Vaxtex Cotfab IPO
Anchor Investor Reserveration
Market Maker Reserveration	1,50,000 shares	84,000 shares
QIB
NII	13,65,000 shares	7,98,000 shares
RII	13,65,000 shares	7,98,000 shares
Employee
Others
Total	27,30,000 shares	15,96,000 shares

Bids Received (Subscription)

HindPrakash IPO subscribed 2.16x in total, whereas Vaxtex Cotfab IPO subscribed 2.86x.

	HindPrakash IPO	Vaxtex Cotfab IPO
QIB (times)
NII (times)	2.96x	1.75x
Big NII (times)
Small NII (times)
RII (times)	1.37x	3.97x
Employee (times)
Other (times)
Total (times)	2.16x	2.86x

Compare with others

HindPrakash IPO	Vaxtex Cotfab IPO
ICL Dairy IPO	Tranway IPO
CBC Pharma IPO	Madhav Copper FPO
Tranway IPO	Janus IPO
Madhav Copper FPO	HindPrakash IPO
Janus IPO	Gian Lifecare IPO
Gian Lifecare IPO	Valencia IPO
Vaxtex Cotfab IPO	DC Infotech IPO
Valencia IPO	Ascom Leasing IPO
DC Infotech IPO	Mangalam Global IPO
Ascom Leasing IPO	Anuroop IPO

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