GPT Healthcare IPO vs Vibhor Steel Tubes IPO

Comparison between GPT Healthcare IPO and Vibhor Steel Tubes IPO.

IPO Details

GPT Healthcare IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vibhor Steel Tubes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of GPT Healthcare IPO is up to ₹525.14 Cr whereas the issue size of the Vibhor Steel Tubes IPO is up to ₹72.17 Cr. The final issue price of GPT Healthcare IPO is ₹186.00 per share and of Vibhor Steel Tubes IPO is ₹151.00 per share.

 GPT Healthcare IPOVibhor Steel Tubes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹177.00 per share₹141.00 per share
Issue Price (Upper)₹186.00 per share₹151.00 per share
Issue Price (Final)₹186.00 per share₹151.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹0.00 per share
Market Lot Size80 shares99 shares
Fresh Issue Size21,50,537 shares47,79,443 shares
Fresh Issue Size (Amount)up to ₹40.00 Crup to ₹72.17 Cr
OFS Issue Size2,60,82,786 shares0 shares
OFS Issue Size (Amount)up to ₹485.14 Crup to ₹0.00 Cr
Issue Size Total2,82,33,323 shares47,79,443 shares
Issue Size Total (Amount)up to ₹525.14 Crup to ₹72.17 Cr

IPO Timetable

GPT Healthcare IPO opens on Feb 22, 2024, while Vibhor Steel Tubes IPO opens on Feb 13, 2024. The closing date of GPT Healthcare IPO and Vibhor Steel Tubes IPO is Feb 26, 2024, and Feb 15, 2024, respectively.

 GPT Healthcare IPOVibhor Steel Tubes IPO
Anchor Bid DateFeb 21, 2024Feb 12, 2024
Issue OpenFeb 22, 2024Feb 13, 2024
Issue CloseFeb 26, 2024Feb 15, 2024
Basis Of Allotment (Tentative)Feb 27, 2024Feb 16, 2024
Initiation of Refunds (Tentative)Feb 28, 2024Feb 19, 2024
Credit of Share (Tentative)Feb 28, 2024Feb 19, 2024
Listing date (Tentative)Feb 29, 2024Feb 20, 2024
Anchor Lockin End date 1Mar 28, 2024Mar 17, 2024
Anchor Lockin End date 2May 27, 2024May 16, 2024

Financials & KPIs

GPT Healthcare IPO P/E ratio is 38.1, as compared to Vibhor Steel Tubes IPO P/E ratio of 10.17.

 GPT Healthcare IPOVibhor Steel Tubes IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets332.09326.76323.22317.21
Total Income206.70366.73342.40248.86
Profit After Tax23.4939.0141.6621.09
NET Worth171.43164.14156.96132.68
Reserves and Surplus92.7585.4678.2875.96
Total Borrowing55.5764.6795.52122.93
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets376.48293.63248.54172.93
Total Income531.241,114.38818.48511.51
Profit After Tax8.5221.0711.330.69
NET Worth101.7693.2071.9760.49
Total Borrowing160.27126.83106.0758.74
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)67.3498.24
Promoter Shareholding (Post-Issue)
P/E Ratio38.110.17
Market Cap₹1526.22 Cr.₹286.33 Cr.
ROE23.59%25.51%
ROCE26.09%16.48%
Debt/Equity0.391.63
EPS₹4.88₹14.85
RoNW23.77%22.60%

Shares Offered

In the GPT Healthcare IPO Retail Individual Investors (RII) are offered 98,81,664 shares while in Vibhor Steel Tubes IPO retail investors are offered 98,81,664 shares. Qualified Institutional Buyers (QIB) are offered 56,46,664 shares in GPT Healthcare IPO and 9,50,063 shares in Vibhor Steel Tubes IPO.

 GPT Healthcare IPOVibhor Steel Tubes IPO
Anchor Investor Reservation84,69,996 shares14,24,907 shares
Market Maker Reservation
QIB56,46,664 shares9,50,063 shares
NII42,34,999 shares7,12,491 shares
RII98,81,664 shares16,62,479 shares
Employee29,503 shares
Others
Total2,82,33,323 shares47,79,443 shares

Bids Received (Subscription)

GPT Healthcare IPO subscribed 8.52x in total, whereas Vibhor Steel Tubes IPO subscribed 320.05x.

 GPT Healthcare IPOVibhor Steel Tubes IPO
QIB (times)17.30x191.41x
NII (times)11.02x772.49x
Big NII (times)11.98x754.37x
Small NII (times)9.09x808.72x
RII (times)2.44x201.52x
Employee (times)215.79x
Other (times)
Total (times)8.52x320.05x

Compare with others

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GPT Healthcare IPO Vs Vibhor Steel Tubes IPO