Hariom Atta & Spices IPO vs Veritaas Advertising IPO

Comparision between Hariom Atta & Spices IPO and Veritaas Advertising IPO.

IPO Details

Hariom Atta & Spices IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Veritaas Advertising IPO is a SME Book Built Issue proposed to list at NSE SME.

	Hariom Atta & Spices IPO	Veritaas Advertising IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	GYR Capital Advisors Private Limited	Horizon Management Private Limited
Registrar	Kfin Technologies Limited	Mas Services Limited
Market Maker	Giriraj Stock Broking Private Limited	Horizon Financial Consultants Pvt. Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		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 Veritaas Advertising IPO is up to ₹8.48 Cr. The final issue price of Hariom Atta & Spices IPO is ₹48.00 per share and of Veritaas Advertising IPO is ₹114.00 per share.

	Hariom Atta & Spices IPO	Veritaas Advertising IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹109.00 per share
Issue Price (Upper)		₹114.00 per share
Issue Price (Final)	₹48.00 per share	₹114.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	3000 shares	1200 shares
Fresh Issue Size	11,55,000 shares	7,44,000 shares
Fresh Issue Size (Amount)	up to ₹5.54 Cr	up to ₹8.48 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	11,55,000 shares	7,44,000 shares
Issue Size Total (Amount)	up to ₹5.54 Cr	up to ₹8.48 Cr

IPO Timetable

Hariom Atta & Spices IPO opens on May 16, 2024, while Veritaas Advertising IPO opens on May 13, 2024. The closing date of Hariom Atta & Spices IPO and Veritaas Advertising IPO is May 21, 2024, and May 15, 2024, respectively.

	Hariom Atta & Spices IPO	Veritaas Advertising IPO
Anchor Bid Date		May 10, 2024
Issue Open	May 16, 2024	May 13, 2024
Issue Close	May 21, 2024	May 15, 2024
Basis Of Allotment (Tentative)	May 22, 2024	May 16, 2024
Initiation of Refunds (Tentative)	May 23, 2024	May 17, 2024
Credit of Share (Tentative)	May 23, 2024	May 17, 2024
Listing date (Tentative)	May 24, 2024	May 21, 2024
Anchor Lockin End date 1		Jun 15, 2024
Anchor Lockin End date 2		Aug 14, 2024

Financials

Hariom Atta & Spices IPO P/E ratio is 21.95, as compared to Veritaas Advertising IPO P/E ratio of 54.

Hariom Atta & Spices IPO

Veritaas Advertising 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

Veritaas Advertising Limited Financial Information (Restated)

Period Ended	10 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	926.51	530.58	269.00	152.32
Revenue	786.75	786.75	339.22	234.21
Profit After Tax	156.79	43.89	12.58	19.72
Net Worth	354.39	89.60	45.71	25.13
Reserves and Surplus	146.49	80.60	36.71	24.13
Total Borrowing	228.17	134.03	74.73
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

99.99%

88.74%

Promoter Shareholding (Post-Issue)

69.95%

88.74%

P/E Ratio

21.95

Market Cap

₹18.45 Cr.

₹32.18 Cr.

ROE

23.60%%

44.24%%

ROCE

23.43%%

39.65%%

Debt/Equity

0.27

0.64

EPS

₹2.19

₹2.11

RoNW

23.60%%

44.23%%

Shares Offered

In the Hariom Atta & Spices IPO retail investors (RII) are offered 5,31,000 shares while in Veritaas Advertising IPO retail investors are offered 5,31,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in Hariom Atta & Spices IPO and 1,77,600 shares in Veritaas Advertising IPO.

	Hariom Atta & Spices IPO	Veritaas Advertising IPO
Anchor Investor Reserveration		1,74,000 shares
Market Maker Reserveration	93,000 shares	37,200 shares
QIB	0 shares	1,77,600 shares
NII	5,31,000 shares	1,06,800 shares
RII	5,31,000 shares	2,48,400 shares
Employee	0 shares	0 shares
Others
Total	10,62,000 shares	5,32,800 shares

Bids Received (Subscription)

Hariom Atta & Spices IPO subscribed 2,013.64x in total, whereas Veritaas Advertising IPO subscribed 621.62x.

	Hariom Atta & Spices IPO	Veritaas Advertising IPO
QIB (times)		102.41x
NII (times)	1,432.60x	629.56x
Big NII (times)
Small NII (times)
RII (times)	2,556.46x	989.44x
Employee (times)
Other (times)
Total (times)	2,013.64x	621.62x

Compare with others

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

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