Comparison between Go Digit General Insurance IPO and Indegene IPO.
Go Digit General Insurance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Indegene IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Go Digit General Insurance IPO is up to ₹2,614.65 Cr whereas the issue size of the Indegene IPO is up to ₹1,841.76 Cr. The final issue price of Go Digit General Insurance IPO is ₹272.00 per share and of Indegene IPO is ₹452.00 per share.
| Go Digit General Insurance IPO | Indegene IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹258.00 per share | ₹430.00 per share |
| Issue Price (Upper) | ₹272.00 per share | ₹452.00 per share |
| Issue Price (Final) | ₹272.00 per share | ₹452.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹30.00 per share | |
| Market Lot Size | 55 shares | 33 shares |
| Fresh Issue Size | 4,13,60,294 shares | 1,68,33,818 shares |
| Fresh Issue Size (Amount) | up to ₹1,125.00 Cr | up to ₹760.52 Cr |
| OFS Issue Size | 5,47,66,392 shares | 2,39,32,732 shares |
| OFS Issue Size (Amount) | up to ₹1,489.65 Cr | up to ₹1,081.24 Cr |
| Issue Size Total | 9,61,26,686 shares | 4,07,66,550 shares |
| Issue Size Total (Amount) | up to ₹2,614.65 Cr | up to ₹1,841.76 Cr |
Go Digit General Insurance IPO opens on May 15, 2024, while Indegene IPO opens on May 06, 2024. The closing date of Go Digit General Insurance IPO and Indegene IPO is May 17, 2024, and May 08, 2024, respectively.
| Go Digit General Insurance IPO | Indegene IPO | |
|---|---|---|
| Anchor Bid Date | May 14, 2024 | May 03, 2024 |
| Issue Open | May 15, 2024 | May 06, 2024 |
| Issue Close | May 17, 2024 | May 08, 2024 |
| Basis Of Allotment (Tentative) | May 21, 2024 | May 09, 2024 |
| Initiation of Refunds (Tentative) | May 22, 2024 | May 10, 2024 |
| Credit of Share (Tentative) | May 22, 2024 | May 10, 2024 |
| Listing date (Tentative) | May 23, 2024 | May 13, 2024 |
| Anchor Lockin End date 1 | Jun 20, 2024 | Jun 08, 2024 |
| Anchor Lockin End date 2 | Aug 19, 2024 | Aug 07, 2024 |
Go Digit General Insurance IPO P/E ratio is 670.31, as compared to Indegene IPO P/E ratio of 37.78.
| Go Digit General Insurance IPO | Indegene IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.31 | 30.71 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 670.31 | 37.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24947.90 Cr. | ₹10814.07 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.41 | ₹11.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.25% | 18.23% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Go Digit General Insurance IPO Retail Individual Investors (RII) are offered 96,12,668 shares while in Indegene IPO retail investors are offered 96,12,668 shares. Qualified Institutional Buyers (QIB) are offered 2,88,38,007 shares in Go Digit General Insurance IPO and 80,94,068 shares in Indegene IPO.
| Go Digit General Insurance IPO | Indegene IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,32,57,009 shares | 1,21,41,102 shares |
| Market Maker Reservation | ||
| QIB | 2,88,38,007 shares | 80,94,068 shares |
| NII | 1,44,19,002 shares | 60,70,552 shares |
| RII | 96,12,668 shares | 1,41,64,620 shares |
| Employee | 2,96,208 shares | |
| Others | ||
| Total | 9,61,26,686 shares | 4,07,66,550 shares |
Go Digit General Insurance IPO subscribed 9.60x in total, whereas Indegene IPO subscribed 70.30x.
| Go Digit General Insurance IPO | Indegene IPO | |
|---|---|---|
| QIB (times) | 12.56x | 192.72x |
| NII (times) | 7.24x | 55.91x |
| Big NII (times) | 8.28x | 62.23x |
| Small NII (times) | 5.15x | 43.26x |
| RII (times) | 4.27x | 7.86x |
| Employee (times) | 6.62x | |
| Other (times) | ||
| Total (times) | 9.60x | 70.30x |
