Global Health IPO vs Inox Green Energy IPO

Comparison between Global Health IPO and Inox Green Energy IPO.

IPO Details

Global Health IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Inox Green Energy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Global Health IPO is up to ₹2,205.57 Cr whereas the issue size of the Inox Green Energy IPO is up to ₹740.00 Cr. The final issue price of Global Health IPO is ₹336.00 per share and of Inox Green Energy IPO is ₹65.00 per share.

 Global Health IPOInox Green Energy IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹319.00 per share₹61.00 per share
Issue Price (Upper)₹336.00 per share₹65.00 per share
Issue Price (Final)₹336.00 per share₹65.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size44 shares230 shares
Fresh Issue Size1,48,80,952 shares5,69,23,076 shares
Fresh Issue Size (Amount)up to ₹500.00 Crup to ₹370.00 Cr
OFS Issue Size5,07,61,000 shares5,69,23,076 shares
OFS Issue Size (Amount)up to ₹1,705.57 Crup to ₹370.00 Cr
Issue Size Total6,56,41,952 shares11,38,46,152 shares
Issue Size Total (Amount)up to ₹2,205.57 Crup to ₹740.00 Cr

IPO Timetable

Global Health IPO opens on Nov 03, 2022, while Inox Green Energy IPO opens on Nov 11, 2022. The closing date of Global Health IPO and Inox Green Energy IPO is Nov 07, 2022, and Nov 15, 2022, respectively.

 Global Health IPOInox Green Energy IPO
Anchor Bid DateNov 02, 2022Nov 10, 2022
Issue OpenNov 03, 2022Nov 11, 2022
Issue CloseNov 07, 2022Nov 15, 2022
Basis Of Allotment (Tentative)Nov 11, 2022Nov 18, 2022
Initiation of Refunds (Tentative)Nov 14, 2022Nov 21, 2022
Credit of Share (Tentative)Nov 15, 2022Nov 22, 2022
Listing date (Tentative)Nov 16, 2022Nov 23, 2022
Anchor Lockin End date 1Dec 11, 2022Dec 18, 2022
Anchor Lockin End date 2Feb 09, 2023Feb 16, 2023

Financials & KPIs

Global Health IPO P/E ratio is 38.36, as compared to Inox Green Energy IPO P/E ratio of -327.

 Global Health IPOInox Green Energy IPO
Financials

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

Company Financials (Restated)

Period Ended30 Jun 202231 Mar 202231 Mar 202131 Mar 2020
Assets2,127.742,120.652,692.802,339.86
Total Income63.16190.23186.29172.16
Profit After Tax-11.58-4.95-27.731.68
NET Worth795.00806.6342.9696.54
Reserves and Surplus0.000.000.00
Total Borrowing909.92904.171,411.021,084.92
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)3593.84
Promoter Shareholding (Post-Issue)3356.04
P/E Ratio38.36-327
Market Cap₹9011.01 Cr.₹1897.61 Cr.
ROE13.1
ROCE16.3
Debt/Equity0.500.99
EPS₹7.78₹-0.25
RoNW12.14-0.61

Shares Offered

In the Global Health IPO Retail Individual Investors (RII) are offered 2,29,74,684 shares while in Inox Green Energy IPO retail investors are offered 2,29,74,684 shares. Qualified Institutional Buyers (QIB) are offered 1,31,28,391 shares in Global Health IPO and 3,41,53,846 shares in Inox Green Energy IPO.

 Global Health IPOInox Green Energy IPO
Anchor Investor Reservation1,96,92,584 shares5,12,30,769 shares
Market Maker Reservation
QIB1,31,28,391 shares3,41,53,846 shares
NII98,46,293 shares1,70,76,922 shares
RII2,29,74,684 shares1,13,84,615 shares
Employee
Others
Total6,56,41,952 shares11,38,46,152 shares

Bids Received (Subscription)

Global Health IPO subscribed 9.58x in total, whereas Inox Green Energy IPO subscribed 1.55x.

 Global Health IPOInox Green Energy IPO
QIB (times)28.64x1.05x
NII (times)4.02x0.47x
Big NII (times)5.16x0.39x
Small NII (times)1.73x0.64x
RII (times)0.88x4.70x
Employee (times)
Other (times)
Total (times)9.58x1.55x

Compare with others

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Global Health IPO Vs Inox Green Energy IPO