Bharti Hexacom IPO vs Indegene IPO

Comparison between Bharti Hexacom IPO and Indegene IPO.

IPO Details

Bharti Hexacom 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.

Issue Size and Price

The total issue size of Bharti Hexacom IPO is up to ₹4,275.00 Cr whereas the issue size of the Indegene IPO is up to ₹1,841.76 Cr. The final issue price of Bharti Hexacom IPO is ₹570.00 per share and of Indegene IPO is ₹452.00 per share.

 Bharti Hexacom IPOIndegene IPO
Face Value₹5 per share₹2 per share
Issue Price (Lower)₹542.00 per share₹430.00 per share
Issue Price (Upper)₹570.00 per share₹452.00 per share
Issue Price (Final)₹570.00 per share₹452.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹30.00 per share
Market Lot Size26 shares33 shares
Fresh Issue Size0 shares1,68,33,818 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹760.52 Cr
OFS Issue Size7,50,00,000 shares2,39,32,732 shares
OFS Issue Size (Amount)up to ₹4,275.00 Crup to ₹1,081.24 Cr
Issue Size Total7,50,00,000 shares4,07,66,550 shares
Issue Size Total (Amount)up to ₹4,275.00 Crup to ₹1,841.76 Cr

IPO Timetable

Bharti Hexacom IPO opens on Apr 03, 2024, while Indegene IPO opens on May 06, 2024. The closing date of Bharti Hexacom IPO and Indegene IPO is Apr 05, 2024, and May 08, 2024, respectively.

 Bharti Hexacom IPOIndegene IPO
Anchor Bid DateApr 02, 2024May 03, 2024
Issue OpenApr 03, 2024May 06, 2024
Issue CloseApr 05, 2024May 08, 2024
Basis Of Allotment (Tentative)Apr 08, 2024May 09, 2024
Initiation of Refunds (Tentative)Apr 10, 2024May 10, 2024
Credit of Share (Tentative)Apr 10, 2024May 10, 2024
Listing date (Tentative)Apr 12, 2024May 13, 2024
Anchor Lockin End date 1May 08, 2024Jun 08, 2024
Anchor Lockin End date 2Jul 07, 2024Aug 07, 2024

Financials & KPIs

Bharti Hexacom IPO P/E ratio is 51.89, as compared to Indegene IPO P/E ratio of 37.78.

 Bharti Hexacom IPOIndegene IPO
Financials

Company Financials (Restated Standalone)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets19,603.0018,252.9016,674.3015,003.50
Total Income5,420.806,719.205,494.004,704.30
Profit After Tax281.80549.201,674.601,033.90
NET Worth3,978.803,972.203,573.201,898.70
Reserves and Surplus4,166.103,959.503,410.501,736.00
Total Borrowing6,253.006,269.307,198.305,975.20
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets2,518.152,203.871,353.47596.04
Total Income1,969.752,364.101,690.50996.92
Profit After Tax241.90266.10162.82149.41
NET Worth1,327.001,063.72763.90324.51
Reserves and Surplus1,282.651,019.43763.55324.19
Total Borrowing399.33394.3418.2424.76
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.0030.71
Promoter Shareholding (Post-Issue)70.00
P/E Ratio51.8937.78
Market Cap₹28500.00 Cr.₹10814.07 Cr.
ROE
ROCE
Debt/Equity1.410.30
EPS₹10.98₹11.96
RoNW7.08%18.23%

Shares Offered

In the Bharti Hexacom IPO Retail Individual Investors (RII) are offered 75,00,000 shares while in Indegene IPO retail investors are offered 75,00,000 shares. Qualified Institutional Buyers (QIB) are offered 2,25,00,000 shares in Bharti Hexacom IPO and 80,94,068 shares in Indegene IPO.

 Bharti Hexacom IPOIndegene IPO
Anchor Investor Reservation3,37,50,000 shares1,21,41,102 shares
Market Maker Reservation
QIB2,25,00,000 shares80,94,068 shares
NII1,12,50,000 shares60,70,552 shares
RII75,00,000 shares1,41,64,620 shares
Employee2,96,208 shares
Others
Total7,50,00,000 shares4,07,66,550 shares

Bids Received (Subscription)

Bharti Hexacom IPO subscribed 29.88x in total, whereas Indegene IPO subscribed 70.30x.

 Bharti Hexacom IPOIndegene IPO
QIB (times)48.57x192.72x
NII (times)10.52x55.91x
Big NII (times)12.27x62.23x
Small NII (times)7.00x43.26x
RII (times)2.83x7.86x
Employee (times)6.62x
Other (times)
Total (times)29.88x70.30x

Compare with others

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Bharti Hexacom IPO Vs Indegene IPO