Go Digit General Insurance IPO vs Kronox Lab Sciences IPO

Comparison between Go Digit General Insurance IPO and Kronox Lab Sciences IPO.

IPO Details

Go Digit General Insurance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Kronox Lab Sciences IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Go Digit General Insurance IPO is up to ₹2,614.65 Cr whereas the issue size of the Kronox Lab Sciences IPO is up to ₹130.15 Cr. The final issue price of Go Digit General Insurance IPO is ₹272.00 per share and of Kronox Lab Sciences IPO is ₹136.00 per share.

 Go Digit General Insurance IPOKronox Lab Sciences IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹258.00 per share₹129.00 per share
Issue Price (Upper)₹272.00 per share₹136.00 per share
Issue Price (Final)₹272.00 per share₹136.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size55 shares110 shares
Fresh Issue Size4,13,60,294 shares0 shares
Fresh Issue Size (Amount)up to ₹1,125.00 Crup to ₹0.00 Cr
OFS Issue Size5,47,66,392 shares95,70,000 shares
OFS Issue Size (Amount)up to ₹1,489.65 Crup to ₹130.15 Cr
Issue Size Total9,61,26,686 shares95,70,000 shares
Issue Size Total (Amount)up to ₹2,614.65 Crup to ₹130.15 Cr

IPO Timetable

Go Digit General Insurance IPO opens on May 15, 2024, while Kronox Lab Sciences IPO opens on Jun 03, 2024. The closing date of Go Digit General Insurance IPO and Kronox Lab Sciences IPO is May 17, 2024, and Jun 05, 2024, respectively.

 Go Digit General Insurance IPOKronox Lab Sciences IPO
Anchor Bid DateMay 14, 2024May 31, 2024
Issue OpenMay 15, 2024Jun 03, 2024
Issue CloseMay 17, 2024Jun 05, 2024
Basis Of Allotment (Tentative)May 21, 2024Jun 06, 2024
Initiation of Refunds (Tentative)May 22, 2024Jun 07, 2024
Credit of Share (Tentative)May 22, 2024Jun 07, 2024
Listing date (Tentative)May 23, 2024Jun 10, 2024
Anchor Lockin End date 1Jun 20, 2024Jul 06, 2024
Anchor Lockin End date 2Aug 19, 2024Sep 04, 2024

Financials & KPIs

Go Digit General Insurance IPO P/E ratio is 670.31, as compared to Kronox Lab Sciences IPO P/E ratio of 30.37.

 Go Digit General Insurance IPOKronox Lab Sciences IPO
Financials

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets3,619.953,346.752,919.011,874.80
Total Income130.8339.19-293.64-118.55
Profit After Tax129.0235.54-295.85-122.76
NET Worth2,459.342,325.471,866.871,134.57
Reserves and Surplus2,391.972,383.611,975.07973.14
Total Borrowing200.00
Amount in ₹ Crore

Company Financials (Restated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets66.9654.0356.7937.65
Total Income68.4497.5083.3463.24
Profit After Tax15.4716.6213.639.73
NET Worth60.2844.6840.3526.81
Reserves and Surplus15.567.5840.1126.57
Total Borrowing0.640.01
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)83.3199.98
Promoter Shareholding (Post-Issue)74.21
P/E Ratio670.3130.37
Market Cap₹24947.90 Cr.₹504.61 Cr.
ROE25.66%
ROCE33.15%
Debt/Equity
EPS₹0.41₹4.48
RoNW5.25%25.66%

Shares Offered

In the Go Digit General Insurance IPO Retail Individual Investors (RII) are offered 96,12,668 shares while in Kronox Lab Sciences 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 19,14,000 shares in Kronox Lab Sciences IPO.

 Go Digit General Insurance IPOKronox Lab Sciences IPO
Anchor Investor Reservation4,32,57,009 shares28,71,000 shares
Market Maker Reservation
QIB2,88,38,007 shares19,14,000 shares
NII1,44,19,002 shares14,35,500 shares
RII96,12,668 shares33,49,500 shares
Employee
Others
Total9,61,26,686 shares95,70,000 shares

Bids Received (Subscription)

Go Digit General Insurance IPO subscribed 9.60x in total, whereas Kronox Lab Sciences IPO subscribed 117.25x.

 Go Digit General Insurance IPOKronox Lab Sciences IPO
QIB (times)12.56x89.03x
NII (times)7.24x301.92x
Big NII (times)8.28x322.26x
Small NII (times)5.15x261.22x
RII (times)4.27x54.24x
Employee (times)
Other (times)
Total (times)9.60x117.25x

Compare with others

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Go Digit General Insurance IPO Vs Kronox Lab Sciences IPO