Comparison between Go Digit General Insurance IPO and TBO Tek IPO.
Go Digit General Insurance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while TBO Tek 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 TBO Tek IPO is up to ₹1,550.81 Cr. The final issue price of Go Digit General Insurance IPO is ₹272.00 per share and of TBO Tek IPO is ₹920.00 per share.
| Go Digit General Insurance IPO | TBO Tek IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹1 per share |
| Issue Price (Lower) | ₹258.00 per share | ₹875.00 per share |
| Issue Price (Upper) | ₹272.00 per share | ₹920.00 per share |
| Issue Price (Final) | ₹272.00 per share | ₹920.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹0.00 per share | |
| Market Lot Size | 55 shares | 16 shares |
| Fresh Issue Size | 4,13,60,294 shares | 43,47,826 shares |
| Fresh Issue Size (Amount) | up to ₹1,125.00 Cr | up to ₹400.00 Cr |
| OFS Issue Size | 5,47,66,392 shares | 1,25,08,797 shares |
| OFS Issue Size (Amount) | up to ₹1,489.65 Cr | up to ₹1,150.81 Cr |
| Issue Size Total | 9,61,26,686 shares | 1,68,56,623 shares |
| Issue Size Total (Amount) | up to ₹2,614.65 Cr | up to ₹1,550.81 Cr |
Go Digit General Insurance IPO opens on May 15, 2024, while TBO Tek IPO opens on May 08, 2024. The closing date of Go Digit General Insurance IPO and TBO Tek IPO is May 17, 2024, and May 10, 2024, respectively.
| Go Digit General Insurance IPO | TBO Tek IPO | |
|---|---|---|
| Anchor Bid Date | May 14, 2024 | May 07, 2024 |
| Issue Open | May 15, 2024 | May 08, 2024 |
| Issue Close | May 17, 2024 | May 10, 2024 |
| Basis Of Allotment (Tentative) | May 21, 2024 | May 13, 2024 |
| Initiation of Refunds (Tentative) | May 22, 2024 | May 14, 2024 |
| Credit of Share (Tentative) | May 22, 2024 | May 14, 2024 |
| Listing date (Tentative) | May 23, 2024 | May 15, 2024 |
| Anchor Lockin End date 1 | Jun 20, 2024 | Jun 12, 2024 |
| Anchor Lockin End date 2 | Aug 19, 2024 | Aug 11, 2024 |
Go Digit General Insurance IPO P/E ratio is 670.31, as compared to TBO Tek IPO P/E ratio of 64.58.
| Go Digit General Insurance IPO | TBO Tek IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.31 | 51.26 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 670.31 | 64.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24947.90 Cr. | ₹9990.08 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.41 | ₹14.25 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.25% | 30.76 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Go Digit General Insurance IPO Retail Individual Investors (RII) are offered 96,12,668 shares while in TBO Tek 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 50,47,205 shares in TBO Tek IPO.
| Go Digit General Insurance IPO | TBO Tek IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,32,57,009 shares | 75,70,807 shares |
| Market Maker Reservation | ||
| QIB | 2,88,38,007 shares | 50,47,205 shares |
| NII | 1,44,19,002 shares | 25,23,602 shares |
| RII | 96,12,668 shares | 16,82,401 shares |
| Employee | 32,608 shares | |
| Others | ||
| Total | 9,61,26,686 shares | 1,68,56,623 shares |
Go Digit General Insurance IPO subscribed 9.60x in total, whereas TBO Tek IPO subscribed 86.69x.
| Go Digit General Insurance IPO | TBO Tek IPO | |
|---|---|---|
| QIB (times) | 12.56x | 125.51x |
| NII (times) | 7.24x | 50.60x |
| Big NII (times) | 8.28x | 55.82x |
| Small NII (times) | 5.15x | 40.15x |
| RII (times) | 4.27x | 25.72x |
| Employee (times) | 17.81x | |
| Other (times) | ||
| Total (times) | 9.60x | 86.69x |
