Avalon Technologies IPO vs HMA Agro Industries IPO

Comparision between Avalon Technologies IPO and HMA Agro Industries IPO.

IPO Details

Avalon Technologies IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while HMA Agro Industries IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Avalon Technologies IPO	HMA Agro Industries IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Jm Financial Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Iifl Securities Ltd Nomura Financial Advisory And Securities (India) Pvt Ltd	Aryaman Financial Services Limited
Registrar	Link Intime India Private Ltd	Bigshare Services Pvt Ltd
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Avalon Technologies IPO is up to ₹865.00 Cr whereas the issue size of the HMA Agro Industries IPO is up to ₹480.00 Cr. The final issue price of Avalon Technologies IPO is ₹436.00 per share and of HMA Agro Industries IPO is ₹585.00 per share.

	Avalon Technologies IPO	HMA Agro Industries IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹415.00 per share	₹555.00 per share
Issue Price (Upper)	₹436.00 per share	₹585.00 per share
Issue Price (Final)	₹436.00 per share	₹585.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	34 shares	25 shares
Fresh Issue Size	73,39,450 shares	25,64,102 shares
Fresh Issue Size (Amount)	up to ₹320.00 Cr	up to ₹150.00 Cr
OFS Issue Size	1,25,00,000 shares	56,41,025 shares
OFS Issue Size (Amount)	up to ₹545.00 Cr	up to ₹330.00 Cr
Issue Size Total	1,98,39,450 shares	82,05,127 shares
Issue Size Total (Amount)	up to ₹865.00 Cr	up to ₹480.00 Cr

IPO Timetable

Avalon Technologies IPO opens on Apr 03, 2023, while HMA Agro Industries IPO opens on Jun 20, 2023. The closing date of Avalon Technologies IPO and HMA Agro Industries IPO is Apr 06, 2023, and Jun 23, 2023, respectively.

	Avalon Technologies IPO	HMA Agro Industries IPO
Anchor Bid Date	Mar 31, 2023	Jun 19, 2023
Issue Open	Apr 03, 2023	Jun 20, 2023
Issue Close	Apr 06, 2023	Jun 23, 2023
Basis Of Allotment (Tentative)	Apr 12, 2023	Jun 29, 2023
Initiation of Refunds (Tentative)	Apr 13, 2023	Jun 30, 2023
Credit of Share (Tentative)	Apr 17, 2023	Jul 03, 2023
Listing date (Tentative)	Apr 18, 2023	Jul 04, 2023
Anchor Lockin End date 1	May 12, 2023	Jul 29, 2023
Anchor Lockin End date 2	Jul 11, 2023	Sep 27, 2023

Financials

Avalon Technologies IPO P/E ratio is 55.54, as compared to HMA Agro Industries IPO P/E ratio of 19.4.

Avalon Technologies IPO

HMA Agro Industries IPO

Financial

Avalon Technologies Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Total Borrowing
31-Mar-20	449.65	653.15	12.33	248.48
31-Mar-21	512.48	695.90	23.08	295.33
31-Mar-22	587.96	851.65	68.16	294.05
Amount in ₹ Crore

HMA Agro Industries Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-19	549.27	2,784.03	31.17	141.45	137.73	131.98
31-Mar-20	472.85	2,416.61	45.90	187.05	183.32	169.13
31-Mar-21	572.04	1,720.40	71.60	258.69	254.92	181.34
31-Mar-22	856.11	3,138.98	117.62	374.65	327.03	330.02
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

70.75%

100.00%

Promoter Shareholding (Post-Issue)

51.24%

P/E Ratio

55.54

19.4

Market Cap

₹2846.76 Cr.

₹2929.50 Cr.

ROE

85.90%%

ROCE

27.40%%

0.33%

Debt/Equity

3.64

0.75

EPS

₹18.83

RoNW

28.78%%

Shares Offered

In the Avalon Technologies IPO retail investors (RII) are offered 19,83,944 shares while in HMA Agro Industries IPO retail investors are offered 19,83,944 shares. Qualified institutional buyers (QIB) are offered 59,15,011 shares in Avalon Technologies IPO and 17,29,729 shares in HMA Agro Industries IPO.

	Avalon Technologies IPO	HMA Agro Industries IPO
Anchor Investor Reserveration	89,27,751 shares	24,61,537 shares
Market Maker Reserveration
QIB	59,15,011 shares	17,29,729 shares
NII	29,75,917 shares	12,97,298 shares
RII	19,83,944 shares	30,27,027 shares
Employee	0 shares	0 shares
Others
Total	1,08,44,186 shares	60,54,054 shares

Bids Received (Subscription)

Avalon Technologies IPO subscribed 2.34x in total, whereas HMA Agro Industries IPO subscribed 1.62x.

	Avalon Technologies IPO	HMA Agro Industries IPO
QIB (times)	3.77x	1.74x
NII (times)	0.43x	2.97x
Big NII (times)	0.44x	3.82x
Small NII (times)	0.41x	1.29x
RII (times)	0.88x	0.96x
Employee (times)
Other (times)
Total (times)	2.34x	1.62x

Compare with others

Avalon Technologies IPO	HMA Agro Industries IPO
HMA Agro Industries IPO	Netweb Technologies India IPO
IKIO Lighting IPO	Utkarsh Small Finance Bank IPO
Tata Technologies IPO	Senco Gold IPO
Nexus Select Trust REIT	Cyient DLM IPO
Mankind Pharma IPO	ideaForge Technology IPO
Udayshivakumar Infra IPO	IKIO Lighting IPO
Global Surfaces IPO	Tata Technologies IPO
Divgi TorqTransfer Systems IPO	Nexus Select Trust REIT
Signatureglobal India IPO	Mankind Pharma IPO
Radiant Cash Management IPO	Avalon Technologies IPO

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