Comparison between Go Digit General Insurance IPO and JNK India IPO.
Go Digit General Insurance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while JNK India 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 JNK India IPO is up to ₹649.47 Cr. The final issue price of Go Digit General Insurance IPO is ₹272.00 per share and of JNK India IPO is ₹415.00 per share.
| Go Digit General Insurance IPO | JNK India IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹2 per share |
| Issue Price (Lower) | ₹258.00 per share | ₹395.00 per share |
| Issue Price (Upper) | ₹272.00 per share | ₹415.00 per share |
| Issue Price (Final) | ₹272.00 per share | ₹415.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 55 shares | 36 shares |
| Fresh Issue Size | 4,13,60,294 shares | 72,28,915 shares |
| Fresh Issue Size (Amount) | up to ₹1,125.00 Cr | up to ₹300.00 Cr |
| OFS Issue Size | 5,47,66,392 shares | 84,21,052 shares |
| OFS Issue Size (Amount) | up to ₹1,489.65 Cr | up to ₹349.47 Cr |
| Issue Size Total | 9,61,26,686 shares | 1,56,49,967 shares |
| Issue Size Total (Amount) | up to ₹2,614.65 Cr | up to ₹649.47 Cr |
Go Digit General Insurance IPO opens on May 15, 2024, while JNK India IPO opens on Apr 23, 2024. The closing date of Go Digit General Insurance IPO and JNK India IPO is May 17, 2024, and Apr 25, 2024, respectively.
| Go Digit General Insurance IPO | JNK India IPO | |
|---|---|---|
| Anchor Bid Date | May 14, 2024 | Apr 22, 2024 |
| Issue Open | May 15, 2024 | Apr 23, 2024 |
| Issue Close | May 17, 2024 | Apr 25, 2024 |
| Basis Of Allotment (Tentative) | May 21, 2024 | Apr 26, 2024 |
| Initiation of Refunds (Tentative) | May 22, 2024 | Apr 29, 2024 |
| Credit of Share (Tentative) | May 22, 2024 | Apr 29, 2024 |
| Listing date (Tentative) | May 23, 2024 | Apr 30, 2024 |
| Anchor Lockin End date 1 | Jun 20, 2024 | May 26, 2024 |
| Anchor Lockin End date 2 | Aug 19, 2024 | Jul 25, 2024 |
Go Digit General Insurance IPO P/E ratio is 670.31, as compared to JNK India IPO P/E ratio of 43.32.
| Go Digit General Insurance IPO | JNK India IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 83.31 | 94.56 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 670.31 | 43.32 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹24947.90 Cr. | ₹2308.27 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 31.79% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 34.73% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹0.41 | ₹9.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 5.25% | 31.79% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Go Digit General Insurance IPO Retail Individual Investors (RII) are offered 96,12,668 shares while in JNK India 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 31,29,993 shares in JNK India IPO.
| Go Digit General Insurance IPO | JNK India IPO | |
|---|---|---|
| Anchor Investor Reservation | 4,32,57,009 shares | 46,94,989 shares |
| Market Maker Reservation | ||
| QIB | 2,88,38,007 shares | 31,29,993 shares |
| NII | 1,44,19,002 shares | 23,47,496 shares |
| RII | 96,12,668 shares | 54,77,489 shares |
| Employee | ||
| Others | ||
| Total | 9,61,26,686 shares | 1,56,49,967 shares |
Go Digit General Insurance IPO subscribed 9.60x in total, whereas JNK India IPO subscribed 28.46x.
| Go Digit General Insurance IPO | JNK India IPO | |
|---|---|---|
| QIB (times) | 12.56x | 74.40x |
| NII (times) | 7.24x | 23.80x |
| Big NII (times) | 8.28x | 27.73x |
| Small NII (times) | 5.15x | 15.94x |
| RII (times) | 4.27x | 4.20x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 9.60x | 28.46x |
