Hariom Atta & Spices IPO Vs Rulka Electricals IPO

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.

Hariom Atta & Spices IPO Vs Rulka Electricals IPO

Details of Hariom Atta & Spices IPO Vs Rulka Electricals IPO

AspectHariom Atta & Spices IPORulka Electricals IPO
Open DateMay 16, 2024May 16, 2024
Close DateMay 21, 2024May 21, 2024
Listing DateMay 24, 2024May 24, 2024
IPO Size11.55 Lakh Shares11.23 Lakh Shares
(₹5.54 Cr)(₹26.40 Cr)
Fresh Issue11,55,000 Shares8.42 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 onNSE SMENSE SME
Lot Size3000 Shares600 Shares
OFSN.A.2.8 Lakh shares
(₹6.61 Cr)
Share Offered to Retail50% of total issue share35% of total issue share
Share Offered to QBI50% of total issue share50% of total issue share
Share Offered to HNIN.A.15% of total issue share

Hariom Atta & Spices IPO Vs Rulka Electricals IPO Date

EventHariom Atta & Spices IPORulka Electricals IPO
IPO Open DateMay 16, 2024May 16, 2024
IPO Close DateMay 21, 2024May 21, 2024
Basis of Allotment DateMay 22, 2024May 22, 2024
Initiation of RefundsMay 23, 2024May 23, 2024
The credit of SharesMay 23, 2024May 23, 2024
Listing DateMay 24, 2024May 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

AspectHOAC Foods India LimitedGo Rulka Electricals Limited
Year Founded2018Not specified
SpecializationManufacturing flour, spices, and other food itemsTurnkey project contracting, electrical and firefighting projects
Brand NameHARIOMNot specified
Market PresencePrimarily operates in the Delhi-NCR regionNationwide presence across various sectors
Retail Outlets4 Exclusive Brand Outlets, 6 operated by franchiseesNot specified
Product RangeFlour, spices, unpolished pulses, grains, yellow mustard oilElectrical solutions, electrical panels, solar EPC contracts, turnkey electrical warehousing projects
Sales and Marketing Team Size12 employeesNot specified
Manufacturing LocationGurugramNot specified
Revenue (FY2023, FY2022, FY2021)₹1,148.59 lakhs, ₹1,208.56 lakhs, ₹1,087.27 lakhs, ₹742.26 lakhs respectivelyAll revenue from turnkey projects
Product SKUs153Not specified
Workforce (As of Dec 31, 2023/Feb 29, 2024)50 employees92 employees

Financial Report of Hariom Atta & Spices IPO Vs Rulka Electricals IPO

ParticularsHariom Atta & Spices Limited (Restated)Rulka Electricals Limited (Restated)
For the Period / Year ended on31 December 202329 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:

KPIsHariom Atta & Spices LimitedRulka 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 specified24.83x (Feb 2024)
Net Working Capital DaysNot specified36.13 (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.

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