Hamps Bio IPO: Date, Price, GMP And Allotment Details

Hamps Bio IPO-Complete Overview

Hamps Bio IPO under the SME IPO category is a fixed price issue of Rs.6.22 crore by Hamps Bio Limited, incorporated in 2007 which is engaged in the marketing and distribution of pharmaceutical products, including tablets, syrups, capsules, injectables, oil, and nutritional supplements.

The company distributes its products through a network of over 50 distributors and e-commerce platforms, such as Amazon (US, Canada, EU), Flipkart, and Jio Mart. Their pharma products are sold in 8 states and union territories, while Freeze-dried and Frozen products reach 6 countries and 22 states and union territories.

The company's activity is divided into two segments:

1. Pharmaceuticals: The pharmaceutical products are marketed under the "Hamps" brand. The portfolio includes tablets, syrups, capsules, injectables, and powders.

2. Freeze-dried and Frozen products: The FMCG range focuses on freeze-dried and frozen goods under the brand name "FzyEzy." The company operates both B2B and B2C models, offering products under its brand and through contract manufacturing. Freeze-dried and frozen products include Strawberry, Jamun, Mango, Beet Powder, Chikoo powder etc.

Hamps Bio IPO Overview

This Hamps Bio IPO date is 13 December 2024, and its ‘initial public offering’ will end on 17 December 2024. 

The Rs.6.22 crore new SME IPO comprises a wholly fresh issue of 12.2 lac Shares.

This upcoming IPO date is on December 13, 2024. Hamps Bio IPO Price is Rs.51 for each Share. 

The expected IPO listing date is Friday, 20 December 2024, and listing at BSE and SME.

To open a demat account and apply for the IPO, Click Here.

Company Financial

The company’s revenue grew by 16.41% and PAT increased by 39.47% during FYs ending 31 March 2024 and 31 March 2023.

(Amount in Lac)

 

Cash Flows

The cash flows for various activities are shown below:

(Amount in lac)

 

State-wise Revenue Breakdown  

(Amount in lac)

 

Business-wise Revenue Breakdown  

(Amount in lac)

 

Geography-wise Revenue Breakdown  

(Amount in lac)

 

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Purchasing equipment and plants for the FMCG division.

• Increasing the brand's visibility and recognition

• General corporate purposes.

Peers of Hamps Bio Ltd.

There are no listed companies in India that are engaged in the same or similar business of comparable size.

Evaluation

The Hamps Bio Limited IPO share price is Rs.51 for each Share.

Evaluation of P/E Ratio

Considering the FY ended 31 Mar 2024 with an EPS of Rs.1.76 from the last year, the resulting P/E ratio is 29.01x.

Considering the weighted EPS of Rs.1.46 for the last three years, the P/E ratio is 34.88x.

Comparative Analysis With Listed Peers

No listed peers, hence no comparison is possible.

IPO's Strengths 

• Expert leadership and industry experience driving strategic business growth.

• A distribution network that has an extensive e-retailing presence.

• Wide and diversified range of products.

• Global and diverse yet longstanding customer relationships.

• Very wide geographical presence.

• Brand identity.

 

IPO’s Weaknesses

• Operational Problems: Reliant on certain suppliers or technology.

• Regulatory Impediments: Compliance with industry and government norms.

• Financial Constraints: Increasing costs or insufficient funding.

• Market Fluctuations: Changes in demand or pricing, or even investor perception.

• Sector-Specific Risks: Depends on whether biotechnology innovations and approvals will be sufficient.

Hamps Bio IPO GMP 

Hamps Bio IPO GMP Today has not started yet as of 11 December 2024.

IPO Timetable (Tentative)

The IPO opening date is from December 13 to December 17, 2024, with allotment on December 18, refund initiation on December 19, and listing on December 20, 2024.

 

Hamps Bio IPO Details 

The Hamps IPO with a Face Value of Rs.10 per share offers a total issue size of 1,220,000 Shares (Rs.6.22 Cr).

Hamps IPO Lot Details 

The Hamps IPO allows retail investors to invest in a minimum and maximum of 1 Lot (2000 Shares) amounting to Rs.1,02,000 and in multiples thereof, while for HNI investors, the minimum Lot is 2 (4000 Shares) amounting to Rs.2,04,000.

 

IPO Reservation (% of Net Issue)

 

Promoters And Management of Hamps Bio Ltd.

• Herrik Shah

• Shrenik Shah

• Pallavi Shah

• Mitali Shah

• Herrik Shah HUF

• Shrenik Shah HUF
  
  

 

IPO Lead Managers

• Marwadi Chandarana Intermediaries Brokers Pvt. Ltd.
  
  

Dividend Policy

The company has not declared any dividends in the previous five years.

Conclusion

Hamps Bio IPO isn't just an opportunity to invest in a growing pharma and FMCG company, which has a wide range of products and a solid distribution network. The offer price at which the company will raise Rs.6.22 crore is Rs.51 a share. The funds will be used for the company's expansion and brand building. Though there is great growth potential, the company faces drawbacks such as operational challenges and market fluctuations. Investors should weigh in carefully on the company's possibilities and the possible risks associated with investments before making a decision.

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

DISCLAIMER: This is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions. 

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