Bikaji Foods International IPO vs Global Health IPO

Comparison between Bikaji Foods International IPO and Global Health IPO.

IPO Details

Bikaji Foods International IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Global Health IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Bikaji Foods International IPO is up to ₹880.86 Cr whereas the issue size of the Global Health IPO is up to ₹2,205.57 Cr. The final issue price of Bikaji Foods International IPO is ₹300.00 per share and of Global Health IPO is ₹336.00 per share.

 Bikaji Foods International IPOGlobal Health IPO
Face Value₹1 per share₹2 per share
Issue Price (Lower)₹285.00 per share₹319.00 per share
Issue Price (Upper)₹300.00 per share₹336.00 per share
Issue Price (Final)₹300.00 per share₹336.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹15.00 per share
Market Lot Size50 shares44 shares
Fresh Issue Size0 shares1,48,80,952 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹500.00 Cr
OFS Issue Size2,93,73,984 shares5,07,61,000 shares
OFS Issue Size (Amount)up to ₹880.86 Crup to ₹1,705.57 Cr
Issue Size Total2,93,73,984 shares6,56,41,952 shares
Issue Size Total (Amount)up to ₹880.86 Crup to ₹2,205.57 Cr

IPO Timetable

Bikaji Foods International IPO opens on Nov 03, 2022, while Global Health IPO opens on Nov 03, 2022. The closing date of Bikaji Foods International IPO and Global Health IPO is Nov 07, 2022, and Nov 07, 2022, respectively.

 Bikaji Foods International IPOGlobal Health IPO
Anchor Bid DateNov 02, 2022Nov 02, 2022
Issue OpenNov 03, 2022Nov 03, 2022
Issue CloseNov 07, 2022Nov 07, 2022
Basis Of Allotment (Tentative)Nov 11, 2022Nov 11, 2022
Initiation of Refunds (Tentative)Nov 14, 2022Nov 14, 2022
Credit of Share (Tentative)Nov 15, 2022Nov 15, 2022
Listing date (Tentative)Nov 16, 2022Nov 16, 2022
Anchor Lockin End date 1Dec 11, 2022Dec 11, 2022
Anchor Lockin End date 2Feb 09, 2023Feb 09, 2023

Financials & KPIs

Bikaji Foods International IPO P/E ratio is 119.05, as compared to Global Health IPO P/E ratio of 38.36.

 Bikaji Foods International IPOGlobal Health IPO
Financials

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202230 Jun 202131 Mar 202131 Mar 202031 Mar 2019
Assets1,146.281,102.13871.96817.15676.64630.90
Total Income423.821,621.45337.081,322.211,082.90910.65
Profit After Tax15.7076.0312.4190.3456.3750.93
NET Worth834.80819.26618.45604.10529.17469.77
Reserves and Surplus0.000.000.000.00
Total Borrowing156.39141.23101.1386.1552.3072.31
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202130 Jun 202031 Mar 2020
Assets3,221.943,145.522,694.112,855.112,666.29
Total Income626.542,205.821,478.16491.581,544.27
Profit After Tax58.71196.2028.8141.7636.33
NET Worth1,675.551,616.011,382.341,425.381,349.54
Reserves and Surplus0.000.000.000.00
Total Borrowing794.45837.86644.60725.07621.94
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)77.9735
Promoter Shareholding (Post-Issue)75.9633
P/E Ratio119.0538.36
Market Cap₹7485.30 Cr.₹9011.01 Cr.
ROE9.513.1
ROCE13.8916.3
Debt/Equity0.170.50
EPS₹3.15₹7.78
RoNW9.5112.14

Shares Offered

In the Bikaji Foods International IPO Retail Individual Investors (RII) are offered 1,01,93,395 shares while in Global Health IPO retail investors are offered 1,01,93,395 shares. Qualified Institutional Buyers (QIB) are offered 58,24,797 shares in Bikaji Foods International IPO and 1,31,28,391 shares in Global Health IPO.

 Bikaji Foods International IPOGlobal Health IPO
Anchor Investor Reservation87,37,194 shares1,96,92,584 shares
Market Maker Reservation
QIB58,24,797 shares1,31,28,391 shares
NII43,68,598 shares98,46,293 shares
RII1,01,93,395 shares2,29,74,684 shares
Employee2,50,000 shares
Others
Total2,93,73,984 shares6,56,41,952 shares

Bids Received (Subscription)

Bikaji Foods International IPO subscribed 26.67x in total, whereas Global Health IPO subscribed 9.58x.

 Bikaji Foods International IPOGlobal Health IPO
QIB (times)80.63x28.64x
NII (times)7.10x4.02x
Big NII (times)7.47x5.16x
Small NII (times)6.34x1.73x
RII (times)4.77x0.88x
Employee (times)4.38x
Other (times)
Total (times)26.67x9.58x

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Bikaji Foods International IPO Vs Global Health IPO