Heranba Industries IPO vs Nureca IPO

Comparison between Heranba Industries IPO and Nureca IPO.

IPO Details

Heranba Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Nureca IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Heranba Industries IPO is up to ₹625.24 Cr whereas the issue size of the Nureca IPO is up to ₹100.00 Cr. The final issue price of Heranba Industries IPO is ₹627.00 per share and of Nureca IPO is ₹400.00 per share.

 Heranba Industries IPONureca IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹626.00 per share₹396.00 per share
Issue Price (Upper)₹627.00 per share₹400.00 per share
Issue Price (Final)₹627.00 per share₹400.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹20.00 per share
Market Lot Size23 shares35 shares
Fresh Issue Size9,56,937 shares25,00,175 shares
Fresh Issue Size (Amount)up to ₹60.00 Crup to ₹100.00 Cr
OFS Issue Size90,15,000 shares0 shares
OFS Issue Size (Amount)up to ₹565.24 Crup to ₹0.00 Cr
Issue Size Total99,71,937 shares25,00,175 shares
Issue Size Total (Amount)up to ₹625.24 Crup to ₹100.00 Cr

IPO Timetable

Heranba Industries IPO opens on Feb 23, 2021, while Nureca IPO opens on Feb 15, 2021. The closing date of Heranba Industries IPO and Nureca IPO is Feb 25, 2021, and Feb 17, 2021, respectively.

 Heranba Industries IPONureca IPO
Anchor Bid DateFeb 22, 2021Feb 12, 2021
Issue OpenFeb 23, 2021Feb 15, 2021
Issue CloseFeb 25, 2021Feb 17, 2021
Basis Of Allotment (Tentative)Mar 02, 2021Feb 23, 2021
Initiation of Refunds (Tentative)Mar 03, 2021Feb 24, 2021
Credit of Share (Tentative)Mar 04, 2021Feb 24, 2021
Listing date (Tentative)Mar 05, 2021Feb 25, 2021
Anchor Lockin End date 1Apr 01, 2021Mar 25, 2021
Anchor Lockin End date 2May 31, 2021May 24, 2021

Financials & KPIs

Heranba Industries IPO P/E ratio is , as compared to Nureca IPO P/E ratio of .

 Heranba Industries IPONureca IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets788.12624.76560.44450.47
Total Income619.21967.911,011.84750.41
Profit After Tax66.3197.7575.4046.88
EBITDA100.14145.88138.8193.13
NET Worth381.26320.85228.18157.32
Reserves and Surplus342.20281.79189.12149.51
Total Borrowing38.0243.0849.8775.99
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202031 Mar 202031 Mar 201931 Mar 2018
Assets102.4933.8823.527.02
Total Income122.9799.4961.9820.07
Profit After Tax36.186.406.233.11
EBITDA50.019.769.144.39
NET Worth51.6514.937.951.72
Reserves and Surplus44.6514.927.941.71
Total Borrowing8.029.150.000.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)98.193.33
Promoter Shareholding (Post-Issue)74.170
P/E Ratio
Market Cap₹3048.89 Cr.₹400.05 Cr.
ROE
ROCE
Debt/Equity
EPS
RoNW

Shares Offered

In the Heranba Industries IPO Retail Individual Investors (RII) are offered 34,90,178 shares while in Nureca IPO retail investors are offered 34,90,178 shares. Qualified Institutional Buyers (QIB) are offered 19,95,448 shares in Heranba Industries IPO and 7,42,500 shares in Nureca IPO.

 Heranba Industries IPONureca IPO
Anchor Investor Reservation29,90,520 shares11,13,750 shares
Market Maker Reservation
QIB19,95,448 shares7,42,500 shares
NII14,95,791 shares3,71,250 shares
RII34,90,178 shares2,47,500 shares
Employee26,315 shares
Others
Total99,71,937 shares25,01,315 shares

Bids Received (Subscription)

Heranba Industries IPO subscribed 58.31x in total, whereas Nureca IPO subscribed 22.37x.

 Heranba Industries IPONureca IPO
QIB (times)67.45x3.14x
NII (times)271.15x31.91x
Big NII (times)
Small NII (times)
RII (times)11.84x168.33x
Employee (times)4.87x
Other (times)
Total (times)58.31x22.37x

Compare with others

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Heranba Industries IPO Vs Nureca IPO