HP Adhesives IPO vs Tracxn Technologies IPO

Comparision between HP Adhesives IPO and Tracxn Technologies IPO.

IPO Details

HP Adhesives IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Tracxn Technologies IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	HP Adhesives IPO	Tracxn Technologies 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	Unistone Capital Pvt Ltd	Iifl Securities Ltd
Registrar	Bigshare Services Pvt Ltd	Link Intime India Private 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 HP Adhesives IPO is up to ₹125.96 Cr whereas the issue size of the Tracxn Technologies IPO is up to ₹309.38 Cr. The final issue price of HP Adhesives IPO is ₹274.00 per share and of Tracxn Technologies IPO is ₹80.00 per share.

	HP Adhesives IPO	Tracxn Technologies IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹262.00 per share	₹75.00 per share
Issue Price (Upper)	₹274.00 per share	₹80.00 per share
Issue Price (Final)	₹274.00 per share	₹80.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	50 shares	185 shares
Fresh Issue Size	41,40,000 shares
Fresh Issue Size (Amount)	up to ₹113.44 Cr
OFS Issue Size	4,57,200 shares	3,86,72,208 shares
OFS Issue Size (Amount)	up to ₹12.53 Cr	up to ₹309.38 Cr
Issue Size Total	45,97,200 shares	3,86,72,208 shares
Issue Size Total (Amount)	up to ₹125.96 Cr	up to ₹309.38 Cr

IPO Timetable

HP Adhesives IPO opens on Dec 15, 2021, while Tracxn Technologies IPO opens on Oct 10, 2022. The closing date of HP Adhesives IPO and Tracxn Technologies IPO is Dec 17, 2021, and Oct 12, 2022, respectively.

	HP Adhesives IPO	Tracxn Technologies IPO
Anchor Bid Date
Issue Open	Dec 15, 2021	Oct 10, 2022
Issue Close	Dec 17, 2021	Oct 12, 2022
Basis Of Allotment (Tentative)	Dec 22, 2021	Oct 17, 2022
Initiation of Refunds (Tentative)	Dec 23, 2021	Oct 18, 2022
Credit of Share (Tentative)	Dec 24, 2021	Oct 19, 2022
Listing date (Tentative)	Dec 27, 2021	Oct 20, 2022
Anchor Lockin End date 1	Jan 21, 2022	Nov 16, 2022
Anchor Lockin End date 2	Mar 22, 2022	Jan 15, 2023

Financials

HP Adhesives IPO P/E ratio is , as compared to Tracxn Technologies IPO P/E ratio of 240.

HP Adhesives IPO

Tracxn Technologies IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	1,049.10	897.78	568.11	567.17
Total Revenue	727.32	1,238.79	979.07	879.76
Profit After Tax	31.02	100.59	- 46.70	40.00

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (₹ in Crore)
	30-Jun-22	30-Jun-21	31-Mar-22	31-Mar-21	31-Mar-20
Total Assets	56.78	49.93	54.01	48.46	52.38
Total Revenue	19.08	15.44	65.16	55.74	6.31
Profit After Tax	0.923	-0.837775	-4.852	-4.152	-54.826
Net Worth	22.98	22.04	20.64	22.22	-135.24
Reserves and surplus	12.95	21.14	10.61	21.32	-135.44

Promoter Shareholding (Pre-Issue)

95%

50.93%

Promoter Shareholding (Post-Issue)

71%

35.65%

P/E Ratio

240

Market Cap

₹802.48 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the HP Adhesives IPO retail investors (RII) are offered 4,59,720 shares while in Tracxn Technologies IPO retail investors are offered 4,59,720 shares. Qualified institutional buyers (QIB) are offered 13,79,200 shares in HP Adhesives IPO and 1,16,01,663 shares in Tracxn Technologies IPO.

	HP Adhesives IPO	Tracxn Technologies IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	13,79,200 shares	1,16,01,663 shares
NII	6,89,580 shares	58,00,831 shares
RII	4,59,720 shares	38,67,220 shares
Employee		0 shares
Others
Total	25,28,500 shares	2,12,69,714 shares

Bids Received (Subscription)

HP Adhesives IPO subscribed 20.96x in total, whereas Tracxn Technologies IPO subscribed 2.01x.

	HP Adhesives IPO	Tracxn Technologies IPO
QIB (times)	1.82x	1.66x
NII (times)	19.04x	0.80x
Big NII (times)		0.72x
Small NII (times)		0.94x
RII (times)	81.24x	4.87x
Employee (times)
Other (times)
Total (times)	20.96x	2.01x

Compare with others

HP Adhesives IPO	Tracxn Technologies IPO
AGS Transact IPO	LIC IPO
CMS Info Systems IPO	Manyavar IPO
Tracxn Technologies IPO	Delhivery IPO
Supriya Lifescience IPO	AGS Transact IPO
Medplus Health IPO	CMS Info Systems IPO
Metro Brands IPO	Supriya Lifescience IPO
Shriram Properties IPO	Medplus Health IPO
Data Patterns IPO	HP Adhesives IPO
RateGain IPO	Metro Brands IPO
MapmyIndia IPO	Shriram Properties IPO

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