Godavari Biorefineries IPO vs Niva Bupa Health Insurance IPO

Comparison between Godavari Biorefineries IPO and Niva Bupa Health Insurance IPO.

IPO Details

Godavari Biorefineries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Niva Bupa Health Insurance IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Godavari Biorefineries IPO is up to ₹554.75 Cr whereas the issue size of the Niva Bupa Health Insurance IPO is up to ₹2,200.00 Cr. The final issue price of Godavari Biorefineries IPO is ₹352.00 per share and of Niva Bupa Health Insurance IPO is ₹74.00 per share.

 Godavari Biorefineries IPONiva Bupa Health Insurance IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹334.00 per share₹70.00 per share
Issue Price (Upper)₹352.00 per share₹74.00 per share
Issue Price (Final)₹352.00 per share₹74.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size42 shares200 shares
Fresh Issue Size92,32,954 shares10,81,08,108 shares
Fresh Issue Size (Amount)up to ₹325.00 Crup to ₹800.00 Cr
OFS Issue Size65,26,983 shares18,91,89,188 shares
OFS Issue Size (Amount)up to ₹229.75 Crup to ₹1,400.00 Cr
Issue Size Total1,57,59,937 shares29,72,97,296 shares
Issue Size Total (Amount)up to ₹554.75 Crup to ₹2,200.00 Cr

IPO Timetable

Godavari Biorefineries IPO opens on Oct 23, 2024, while Niva Bupa Health Insurance IPO opens on Nov 07, 2024. The closing date of Godavari Biorefineries IPO and Niva Bupa Health Insurance IPO is Oct 25, 2024, and Nov 11, 2024, respectively.

 Godavari Biorefineries IPONiva Bupa Health Insurance IPO
Anchor Bid DateOct 22, 2024Nov 06, 2024
Issue OpenOct 23, 2024Nov 07, 2024
Issue CloseOct 25, 2024Nov 11, 2024
Basis Of Allotment (Tentative)Oct 28, 2024Nov 12, 2024
Initiation of Refunds (Tentative)Oct 29, 2024Nov 13, 2024
Credit of Share (Tentative)Oct 29, 2024Nov 13, 2024
Listing date (Tentative)Oct 30, 2024Nov 14, 2024
Anchor Lockin End date 1Nov 26, 2024Dec 12, 2024
Anchor Lockin End date 2Jan 25, 2025Feb 10, 2025

Financials & KPIs

Godavari Biorefineries IPO P/E ratio is 120.04, as compared to Niva Bupa Health Insurance IPO P/E ratio of 153.7.

 Godavari Biorefineries IPONiva Bupa Health Insurance IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,554.621,991.661,743.521,733.54
Total Income525.271,701.062,023.081,709.98
Profit After Tax-26.1112.3019.6419.10
NET Worth233.84260.25249.01232.57
Reserves and Surplus432.34458.74447.51431.06
Total Borrowing703.75663.27738.01636.72
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets6,542.066,191.873,876.572,738.44
Total Income1,124.904,118.632,859.241,884.54
Profit After Tax-18.8281.8512.54-196.53
NET Worth2,031.772,049.59831.12507.65
Reserves and Surplus1,282.441,282.02334.26125.40
Total Borrowing250.00250.00250.00250.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.0688.98
Promoter Shareholding (Post-Issue)63.3173.37
P/E Ratio120.04153.7
Market Cap₹1801.39 Cr.₹13380.91 Cr.
ROE-11.16%
ROCE-2.35%
Debt/Equity3.010.12
EPS₹2.93₹0.48
RoNW-11.16%-0.92

Shares Offered

In the Godavari Biorefineries IPO Retail Individual Investors (RII) are offered 55,15,978 shares while in Niva Bupa Health Insurance IPO retail investors are offered 55,15,978 shares. Qualified Institutional Buyers (QIB) are offered 31,51,988 shares in Godavari Biorefineries IPO and 8,91,89,190 shares in Niva Bupa Health Insurance IPO.

 Godavari Biorefineries IPONiva Bupa Health Insurance IPO
Anchor Investor Reservation47,27,980 shares13,37,83,783 shares
Market Maker Reservation
QIB31,51,988 shares8,91,89,190 shares
NII23,63,991 shares4,45,94,594 shares
RII55,15,978 shares2,97,29,729 shares
Employee
Others
Total1,57,59,937 shares29,72,97,296 shares

Bids Received (Subscription)

Godavari Biorefineries IPO subscribed 1.87x in total, whereas Niva Bupa Health Insurance IPO subscribed 1.90x.

 Godavari Biorefineries IPONiva Bupa Health Insurance IPO
QIB (times)2.76x2.17x
NII (times)0.93x0.71x
Big NII (times)0.56x0.70x
Small NII (times)1.68x0.74x
RII (times)1.76x2.88x
Employee (times)
Other (times)
Total (times)1.87x1.90x

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Godavari Biorefineries IPO Vs Niva Bupa Health Insurance IPO