Contents
- 1 Table of Contents
- 2 Details of Hariom Atta & Spices IPO Vs Rulka Electricals IPO
- 3 Hariom Atta & Spices IPO Vs Rulka Electricals IPO Date
- 4 Company Business Hariom Atta & Spices IPO Vs Rulka Electricals IPO
- 5 Financial Report of Hariom Atta & Spices IPO Vs Rulka Electricals IPO
- 6 KPI (key performance indicators) of Hariom Atta & Spices Vs Rulka Electricals
- 7 Review
Hariom Atta & Spices IPO Vs Rulka Electricals IPO: Hariom Atta & Spices IPO (HOAC Foods India Limited IPO) is offering 11.55 lakh fresh shares at a fixed price of Rs 48 per share.Rulka Electricals IPO is a book-built issue worth Rs 26.40 crores. This comprises a fresh issue of 8.42 lakh shares.
Table of Contents
Details of Hariom Atta & Spices IPO Vs Rulka Electricals IPO
| Aspect | Hariom Atta & Spices IPO | Rulka Electricals IPO |
|---|---|---|
| Open Date | May 16, 2024 | May 16, 2024 |
| Close Date | May 21, 2024 | May 21, 2024 |
| Listing Date | May 24, 2024 | May 24, 2024 |
| IPO Size | 11.55 Lakh Shares | 11.23 Lakh Shares |
| (₹5.54 Cr) | (₹26.40 Cr) | |
| Fresh Issue | 11,55,000 Shares | 8.42 Lakh Shares |
| (₹5.54 Cr) | (₹19.80 Cr) | |
| Face Value | ₹10 per share | ₹10 per share |
| IPO Price Band | ₹48 per share | ₹223 to ₹235 per share |
| IPO Listing on | NSE SME | NSE SME |
| Lot Size | 3000 Shares | 600 Shares |
| OFS | N.A. | 2.8 Lakh shares |
| (₹6.61 Cr) | ||
| Share Offered to Retail | 50% of total issue share | 35% of total issue share |
| Share Offered to QBI | 50% of total issue share | 50% of total issue share |
| Share Offered to HNI | N.A. | 15% of total issue share |
Hariom Atta & Spices IPO Vs Rulka Electricals IPO Date
| Event | Hariom Atta & Spices IPO | Rulka Electricals IPO |
|---|---|---|
| IPO Open Date | May 16, 2024 | May 16, 2024 |
| IPO Close Date | May 21, 2024 | May 21, 2024 |
| Basis of Allotment Date | May 22, 2024 | May 22, 2024 |
| Initiation of Refunds | May 23, 2024 | May 23, 2024 |
| The credit of Shares | May 23, 2024 | May 23, 2024 |
| Listing Date | May 24, 2024 | May 24, 2024 |
Subscription Status:
- Hariom Atta & Spices IPO:
- Subscription window commences on May 16, 2024.
- Real-time updates on subscription status available through the “IPO Subscription Status Live” section or provided link.
- Rulka Electricals IPO:
- Subscription window also commences on May 16, 2024.
- Real-time updates on subscription status available through the “IPO Subscription Status Live” section or provided link.
Both IPOs have the same subscription window commencement date and offer real-time updates on subscription status.
Allotment Status of Hariom Atta & Spices IPO Vs Rulka Electricals IPO
- Hariom Atta & Spices IPO:
- Allotment status can be checked by following provided steps, with expected availability around May 22, 2024.
- Steps include selecting the IPO name, entering application number or PAN number, and submitting to view the allotment status.
- Rulka Electricals IPO:
- Allotment status can be checked through similar steps as Hariom Atta & Spices IPO.
- Expected availability of allotment status is also around May 22, 2024.
Both IPOs provide similar processes for checking allotment status, with an expected availability date around May 22, 2024.
Company Business Hariom Atta & Spices IPO Vs Rulka Electricals IPO
| Aspect | HOAC Foods India Limited | Go Rulka Electricals Limited |
|---|---|---|
| Year Founded | 2018 | Not specified |
| Specialization | Manufacturing flour, spices, and other food items | Turnkey project contracting, electrical and firefighting projects |
| Brand Name | HARIOM | Not specified |
| Market Presence | Primarily operates in the Delhi-NCR region | Nationwide presence across various sectors |
| Retail Outlets | 4 Exclusive Brand Outlets, 6 operated by franchisees | Not specified |
| Product Range | Flour, spices, unpolished pulses, grains, yellow mustard oil | Electrical solutions, electrical panels, solar EPC contracts, turnkey electrical warehousing projects |
| Sales and Marketing Team Size | 12 employees | Not specified |
| Manufacturing Location | Gurugram | Not specified |
| Revenue (FY2023, FY2022, FY2021) | ₹1,148.59 lakhs, ₹1,208.56 lakhs, ₹1,087.27 lakhs, ₹742.26 lakhs respectively | All revenue from turnkey projects |
| Product SKUs | 153 | Not specified |
| Workforce (As of Dec 31, 2023/Feb 29, 2024) | 50 employees | 92 employees |
Financial Report of Hariom Atta & Spices IPO Vs Rulka Electricals IPO
| Particulars | Hariom Atta & Spices Limited (Restated) | Rulka Electricals Limited (Restated) |
|---|---|---|
| For the Period / Year ended on | 31 December 2023 | 29 February 2024 |
| Liabilities | ₹766.40 lakh | ₹4,082.09 lakh |
| Assets | ₹766.40 lakh | ₹4,082.09 lakh |
| Revenue | ₹1,154.71 lakh | ₹6,527.77 lakh |
| PAT (Profit After Tax) | ₹74.50 lakh | ₹565.77 lakh |
| Net Worth | ₹315.73 lakh | ₹1,290.15 lakh |
KPI (key performance indicators) of Hariom Atta & Spices Vs Rulka Electricals
Here’s a comparison of the key performance indicators (KPIs) for Hariom Atta & Spices Limited and Rulka Electricals Limited:
| KPIs | Hariom Atta & Spices Limited | Rulka Electricals Limited |
|---|---|---|
| Revenue from Operations (₹ in Lakhs) | 1,148.59 (Dec 2023) | 6,527.77 (Feb 2024) |
| Growth in Revenue from Operations (%) | 11.16% (Dec 2023) | 39.18% (Feb 2024) |
| Other Income (₹ in Lakhs) | 6.12 (Dec 2023) | Not specified |
| Total Income (₹ in Lakhs) | 1,154.71 (Dec 2023) | Not specified |
| EBITDA (₹ in Lakhs) | 131.72 (Dec 2023) | 811.32 (Feb 2024) |
| EBITDA Margin (%) | 11.41% (Dec 2023) | 12.45% (Feb 2024) |
| Profit After Tax (₹ in Lakhs) | 74.50 (Dec 2023) | 565.77 (Feb 2024) |
| PAT Margin (%) | 6.49% (Dec 2023) | 8.68% (Feb 2024) |
| Return on Equity (ROE) (%) | 23.60% (Dec 2023) | 61.25% (Feb 2024) |
| Return on Capital Employed (ROCE) (%) | 23.43% (Dec 2023) | 33.67% (Feb 2024) |
| Net Fixed Asset Turnover (In Times) | Not specified | 24.83x (Feb 2024) |
| Net Working Capital Days | Not specified | 36.13 (Feb 2024) |
| Operating Cash Flows (₹ in Lakhs) | Not specified | -335.82 (Feb 2024) |
Review
Hariom Atta & Spices Limited has been doing well lately. Their revenue and profits have been steadily increasing, especially from their main operations. This suggests that they’re selling more products and making more money from their core business. Plus, their EBITDA margin, which shows how efficiently they’re running their operations, has also gotten better. However, they could still improve their profit margins and how much return they’re getting on the money invested by shareholders.
On the other hand, Rulka Electricals Limited has been doing really impressively. They’ve been growing their revenue and making good profits, and their EBITDA margin is strong, indicating they’re managing their operations efficiently. Their return on equity and capital employed, which measures how effectively they’re using shareholder and overall capital, is also solid. They seem to be making the most out of their assets, which is shown by their high net fixed asset turnover.
Overall, both companies are doing well financially, but Rulka Electricals seems to have an edge with its strong profitability and efficiency.
Disclaimer:
The following review provides a brief overview of the financial performance of Hariom Atta & Spices IPO and Rulka Electricals IPO. It is important to conduct thorough research and consult with financial experts before making any investment decisions. Past performance is not indicative of future results.
