Comparison between Garuda Construction IPO and Godavari Biorefineries IPO.
Garuda Construction IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Godavari Biorefineries IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Garuda Construction IPO is up to ₹264.10 Cr whereas the issue size of the Godavari Biorefineries IPO is up to ₹554.75 Cr. The final issue price of Garuda Construction IPO is ₹95.00 per share and of Godavari Biorefineries IPO is ₹352.00 per share.
| Garuda Construction IPO | Godavari Biorefineries IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹10 per share |
| Issue Price (Lower) | ₹90.00 per share | ₹334.00 per share |
| Issue Price (Upper) | ₹95.00 per share | ₹352.00 per share |
| Issue Price (Final) | ₹95.00 per share | ₹352.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 157 shares | 42 shares |
| Fresh Issue Size | 1,83,00,000 shares | 92,32,954 shares |
| Fresh Issue Size (Amount) | up to ₹173.85 Cr | up to ₹325.00 Cr |
| OFS Issue Size | 95,00,000 shares | 65,26,983 shares |
| OFS Issue Size (Amount) | up to ₹90.25 Cr | up to ₹229.75 Cr |
| Issue Size Total | 2,78,00,000 shares | 1,57,59,937 shares |
| Issue Size Total (Amount) | up to ₹264.10 Cr | up to ₹554.75 Cr |
Garuda Construction IPO opens on Oct 08, 2024, while Godavari Biorefineries IPO opens on Oct 23, 2024. The closing date of Garuda Construction IPO and Godavari Biorefineries IPO is Oct 10, 2024, and Oct 25, 2024, respectively.
| Garuda Construction IPO | Godavari Biorefineries IPO | |
|---|---|---|
| Anchor Bid Date | Oct 07, 2024 | Oct 22, 2024 |
| Issue Open | Oct 08, 2024 | Oct 23, 2024 |
| Issue Close | Oct 10, 2024 | Oct 25, 2024 |
| Basis Of Allotment (Tentative) | Oct 11, 2024 | Oct 28, 2024 |
| Initiation of Refunds (Tentative) | Oct 14, 2024 | Oct 29, 2024 |
| Credit of Share (Tentative) | Oct 14, 2024 | Oct 29, 2024 |
| Listing date (Tentative) | Oct 15, 2024 | Oct 30, 2024 |
| Anchor Lockin End date 1 | Nov 10, 2024 | Nov 26, 2024 |
| Anchor Lockin End date 2 | Jan 09, 2025 | Jan 25, 2025 |
Garuda Construction IPO P/E ratio is 19.49, as compared to Godavari Biorefineries IPO P/E ratio of 120.04.
| Garuda Construction IPO | Godavari Biorefineries IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 96.82 | 81.06 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 67.56 | 63.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 19.49 | 120.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹883.90 Cr. | ₹1801.39 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 36.14% | -11.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 46.69% | -2.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 3.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹4.87 | ₹2.93 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 30.62% | -11.16% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Garuda Construction IPO Retail Individual Investors (RII) are offered 97,30,000 shares while in Godavari Biorefineries IPO retail investors are offered 97,30,000 shares. Qualified Institutional Buyers (QIB) are offered 55,60,000 shares in Garuda Construction IPO and 31,51,988 shares in Godavari Biorefineries IPO.
| Garuda Construction IPO | Godavari Biorefineries IPO | |
|---|---|---|
| Anchor Investor Reservation | 83,40,000 shares | 47,27,980 shares |
| Market Maker Reservation | ||
| QIB | 55,60,000 shares | 31,51,988 shares |
| NII | 41,70,000 shares | 23,63,991 shares |
| RII | 97,30,000 shares | 55,15,978 shares |
| Employee | ||
| Others | ||
| Total | 2,78,00,000 shares | 1,57,59,937 shares |
Garuda Construction IPO subscribed 7.55x in total, whereas Godavari Biorefineries IPO subscribed 1.87x.
| Garuda Construction IPO | Godavari Biorefineries IPO | |
|---|---|---|
| QIB (times) | 1.24x | 2.76x |
| NII (times) | 9.03x | 0.93x |
| Big NII (times) | 7.93x | 0.56x |
| Small NII (times) | 11.23x | 1.68x |
| RII (times) | 10.81x | 1.76x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 7.55x | 1.87x |
