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HRH Next Services IPO vs Lawsikho IPO

Comparision between HRH Next Services IPO and Lawsikho IPO.

IPO Details

HRH Next Services IPO is a SME Book Built Issue IPO proposed to list at NSE SME while Lawsikho IPO is a SME Book Built Issue proposed to list at NSE SME.

  HRH Next Services IPO Lawsikho IPO
Logo HRH Next Services IPO Logo Lawsikho 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 Finshore Management Services Limited Narnolia Financial Services Ltd
Registrar Cameo Corporate Services Limited Maashitla Securities Private Limited
Market Maker Nikunj Stock Brokers Limited Ss Corporate Securities Limited
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 HRH Next Services IPO is up to ₹9.57 Cr whereas the issue size of the Lawsikho IPO is up to ₹60.16 Cr. The final issue price of HRH Next Services IPO is ₹36.00 per share and of Lawsikho IPO is ₹140.00 per share.

  HRH Next Services IPO Lawsikho IPO
Face Value ₹10 per share ₹10 per share
Issue Price (Lower) ₹133.00 per share
Issue Price (Upper) ₹140.00 per share
Issue Price (Final) ₹36.00 per share ₹140.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size 3000 shares 1000 shares
Fresh Issue Size 26,58,000 shares 41,37,000 shares
Fresh Issue Size (Amount) up to ₹9.57 Cr up to ₹57.92 Cr
OFS Issue Size 1,60,000 shares
OFS Issue Size (Amount) up to ₹2.24 Cr
Issue Size Total 26,58,000 shares 42,97,000 shares
Issue Size Total (Amount) up to ₹9.57 Cr up to ₹60.16 Cr

IPO Timetable

HRH Next Services IPO opens on Dec 27, 2023, while Lawsikho IPO opens on Jan 19, 2024. The closing date of HRH Next Services IPO and Lawsikho IPO is Dec 29, 2023, and Jan 24, 2024, respectively.

  HRH Next Services IPO Lawsikho IPO
Anchor Bid Date Jan 18, 2024
Issue Open Dec 27, 2023 Jan 19, 2024
Issue Close Dec 29, 2023 Jan 24, 2024
Basis Of Allotment (Tentative) Jan 01, 2024 Jan 25, 2024
Initiation of Refunds (Tentative) Jan 02, 2024 Jan 29, 2024
Credit of Share (Tentative) Jan 02, 2024 Jan 29, 2024
Listing date (Tentative) Jan 03, 2024 Jan 30, 2024
Anchor Lockin End date 1 Jan 31, 2024 Feb 24, 2024
Anchor Lockin End date 2 Mar 31, 2024 Apr 24, 2024

Financials

HRH Next Services IPO P/E ratio is 6.78, as compared to Lawsikho IPO P/E ratio of 66.69.

  HRH Next Services IPO Lawsikho IPO
Financial

HRH Next Services Limited Financial Information (Restated)

HRH Next Services Limited's revenue increased by 15.73% and profit after tax (PAT) rose by 273.85% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,113.862,882.291,864.851,298.10
Revenue2,152.515,124.964,428.422,424.26
Profit After Tax150.84347.7993.0325.18
Net Worth1,320.711,044.79697.00603.97
Reserves and Surplus665.961,024.79677.00583.97
Total Borrowing1,083.77990.57442.58401.88
Amount in ₹ Lakhs

Addictive Learning Technology Limited Financial Information (Restated)

Addictive Learning Technology Limited's revenue increased by 80.41% and profit after tax (PAT) rose by 603.63% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Aug 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,324.95920.64103.1165.05
Revenue2,482.363,354.471,859.34677.77
Profit After Tax315.96247.13-49.07-0.54
Net Worth522.27206.30-40.82-1.75
Reserves and Surplus512.17196.20-50.92-1.85
Total Borrowing15.73
Amount in ₹ Lakhs
Promoter Shareholding (Pre-Issue) 97.88% 92.27%
Promoter Shareholding (Post-Issue) 69.61% 67.27%
P/E Ratio 6.78 66.69
Market Cap ₹33.14 Cr. ₹222.74 Cr.
ROE 39.94%% 119.79%%
ROCE 6.80%% 157.53%%
Debt/Equity 0.12 0.08
EPS ₹5.31 ₹2.10
RoNW 33.29%% 119.79%%

Shares Offered

In the HRH Next Services IPO retail investors (RII) are offered 12,60,000 shares while in Lawsikho IPO retail investors are offered 12,60,000 shares. Qualified institutional buyers (QIB) are offered 0 shares in HRH Next Services IPO and 7,94,000 shares in Lawsikho IPO.

  HRH Next Services IPO Lawsikho IPO
Anchor Investor Reserveration 11,92,000 shares
Market Maker Reserveration 1,35,000 shares 3,16,000 shares
QIB 0 shares 7,94,000 shares
NII 12,63,000 shares 5,99,000 shares
RII 12,60,000 shares 13,95,000 shares
Employee 0 shares 0 shares
Others
Total 25,23,000 shares 27,88,000 shares

Bids Received (Subscription)

HRH Next Services IPO subscribed 66.29x in total, whereas Lawsikho IPO subscribed 273.12x.

  HRH Next Services IPO Lawsikho IPO
QIB (times) 116.27x
NII (times) 66.91x 414.44x
Big NII (times)
Small NII (times)
RII (times) 63.61x 301.71x
Employee (times)
Other (times)
Total (times) 66.29x 273.12x

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