Comparison between Aadhar Housing Finance IPO and Go Digit General Insurance IPO.
Aadhar Housing Finance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Go Digit General Insurance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the Go Digit General Insurance IPO is up to ₹2,614.65 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of Go Digit General Insurance IPO is ₹272.00 per share.
| Aadhar Housing Finance IPO | Go Digit General Insurance IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹300.00 per share | ₹258.00 per share |
| Issue Price (Upper) | ₹315.00 per share | ₹272.00 per share |
| Issue Price (Final) | ₹315.00 per share | ₹272.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹23.00 per share | |
| Market Lot Size | 47 shares | 55 shares |
| Fresh Issue Size | 3,17,63,535 shares | 4,13,60,294 shares |
| Fresh Issue Size (Amount) | up to ₹1,000.37 Cr | up to ₹1,125.00 Cr |
| OFS Issue Size | 6,34,92,063 shares | 5,47,66,392 shares |
| OFS Issue Size (Amount) | up to ₹1,999.63 Cr | up to ₹1,489.65 Cr |
| Issue Size Total | 9,52,55,598 shares | 9,61,26,686 shares |
| Issue Size Total (Amount) | up to ₹3,000.00 Cr | up to ₹2,614.65 Cr |
Aadhar Housing Finance IPO opens on May 08, 2024, while Go Digit General Insurance IPO opens on May 15, 2024. The closing date of Aadhar Housing Finance IPO and Go Digit General Insurance IPO is May 10, 2024, and May 17, 2024, respectively.
| Aadhar Housing Finance IPO | Go Digit General Insurance IPO | |
|---|---|---|
| Anchor Bid Date | May 07, 2024 | May 14, 2024 |
| Issue Open | May 08, 2024 | May 15, 2024 |
| Issue Close | May 10, 2024 | May 17, 2024 |
| Basis Of Allotment (Tentative) | May 13, 2024 | May 21, 2024 |
| Initiation of Refunds (Tentative) | May 14, 2024 | May 22, 2024 |
| Credit of Share (Tentative) | May 14, 2024 | May 22, 2024 |
| Listing date (Tentative) | May 15, 2024 | May 23, 2024 |
| Anchor Lockin End date 1 | Jun 12, 2024 | Jun 20, 2024 |
| Anchor Lockin End date 2 | Aug 11, 2024 | Aug 19, 2024 |
Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to Go Digit General Insurance IPO P/E ratio of 670.31.
| Aadhar Housing Finance IPO | Go Digit General Insurance IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 98.72 | 83.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 76.48 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 22.8 | 670.31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹13434.78 Cr. | ₹24947.90 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 18.4% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹13.81 | ₹0.41 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 12.9% | 5.25% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Aadhar Housing Finance IPO Retail Individual Investors (RII) are offered 3,32,55,556 shares while in Go Digit General Insurance IPO retail investors are offered 3,32,55,556 shares. Qualified Institutional Buyers (QIB) are offered 1,90,03,174 shares in Aadhar Housing Finance IPO and 2,88,38,007 shares in Go Digit General Insurance IPO.
| Aadhar Housing Finance IPO | Go Digit General Insurance IPO | |
|---|---|---|
| Anchor Investor Reservation | 2,85,04,761 shares | 4,32,57,009 shares |
| Market Maker Reservation | ||
| QIB | 1,90,03,174 shares | 2,88,38,007 shares |
| NII | 1,42,52,381 shares | 1,44,19,002 shares |
| RII | 3,32,55,556 shares | 96,12,668 shares |
| Employee | 2,39,726 shares | |
| Others | ||
| Total | 9,52,55,598 shares | 9,61,26,686 shares |
Aadhar Housing Finance IPO subscribed 26.76x in total, whereas Go Digit General Insurance IPO subscribed 9.60x.
| Aadhar Housing Finance IPO | Go Digit General Insurance IPO | |
|---|---|---|
| QIB (times) | 76.42x | 12.56x |
| NII (times) | 17.33x | 7.24x |
| Big NII (times) | 18.90x | 8.28x |
| Small NII (times) | 14.19x | 5.15x |
| RII (times) | 2.58x | 4.27x |
| Employee (times) | 6.88x | |
| Other (times) | ||
| Total (times) | 26.76x | 9.60x |