Niva Bupa Health Insurance IPO vs NTPC Green Energy IPO

Comparison between Niva Bupa Health Insurance IPO and NTPC Green Energy IPO.

IPO Details

Niva Bupa Health Insurance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while NTPC Green Energy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Niva Bupa Health Insurance IPO is up to ₹2,200.00 Cr whereas the issue size of the NTPC Green Energy IPO is up to ₹10,000.00 Cr. The final issue price of Niva Bupa Health Insurance IPO is ₹74.00 per share and of NTPC Green Energy IPO is ₹108.00 per share.

 Niva Bupa Health Insurance IPONTPC Green Energy IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹70.00 per share₹102.00 per share
Issue Price (Upper)₹74.00 per share₹108.00 per share
Issue Price (Final)₹74.00 per share₹108.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹5.00 per share
Market Lot Size200 shares138 shares
Fresh Issue Size10,81,08,108 shares92,63,29,669 shares
Fresh Issue Size (Amount)up to ₹800.00 Crup to ₹10,000.00 Cr
OFS Issue Size18,91,89,188 shares0 shares
OFS Issue Size (Amount)up to ₹1,400.00 Crup to ₹0.00 Cr
Issue Size Total29,72,97,296 shares92,63,29,669 shares
Issue Size Total (Amount)up to ₹2,200.00 Crup to ₹10,000.00 Cr

IPO Timetable

Niva Bupa Health Insurance IPO opens on Nov 07, 2024, while NTPC Green Energy IPO opens on Nov 19, 2024. The closing date of Niva Bupa Health Insurance IPO and NTPC Green Energy IPO is Nov 11, 2024, and Nov 22, 2024, respectively.

 Niva Bupa Health Insurance IPONTPC Green Energy IPO
Anchor Bid DateNov 06, 2024Nov 18, 2024
Issue OpenNov 07, 2024Nov 19, 2024
Issue CloseNov 11, 2024Nov 22, 2024
Basis Of Allotment (Tentative)Nov 12, 2024Nov 25, 2024
Initiation of Refunds (Tentative)Nov 13, 2024Nov 26, 2024
Credit of Share (Tentative)Nov 13, 2024Nov 26, 2024
Listing date (Tentative)Nov 14, 2024Nov 27, 2024
Anchor Lockin End date 1Dec 12, 2024Dec 25, 2024
Anchor Lockin End date 2Feb 10, 2025Feb 23, 2025

Financials & KPIs

Niva Bupa Health Insurance IPO P/E ratio is 153.7, as compared to NTPC Green Energy IPO P/E ratio of 234.97.

 Niva Bupa Health Insurance IPONTPC Green Energy IPO
Financials

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

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 2023
Assets32,408.3027,206.4218,431.40
Total Income1,132.742,037.66170.63
Profit After Tax175.30344.72171.23
NET Worth8,189.186,232.14
Reserves and Surplus596.08512.60167.88
Total Borrowing17,057.5012,796.74
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.98100
Promoter Shareholding (Post-Issue)73.3789.01
P/E Ratio153.7234.97
Market Cap₹13380.91 Cr.₹91000.00 Cr.
ROE7.39%
ROCE
Debt/Equity0.121.91
EPS₹0.48₹0.46
RoNW-0.922.14%

Shares Offered

In the Niva Bupa Health Insurance IPO Retail Individual Investors (RII) are offered 2,97,29,729 shares while in NTPC Green Energy IPO retail investors are offered 2,97,29,729 shares. Qualified Institutional Buyers (QIB) are offered 8,91,89,190 shares in Niva Bupa Health Insurance IPO and 24,44,44,445 shares in NTPC Green Energy IPO.

 Niva Bupa Health Insurance IPONTPC Green Energy IPO
Anchor Investor Reservation13,37,83,783 shares36,66,66,666 shares
Market Maker Reservation0 shares
QIB8,91,89,190 shares24,44,44,445 shares
NII4,45,94,594 shares12,22,22,222 shares
RII2,97,29,729 shares8,14,81,481 shares
Employee1,94,17,475 shares
Others
Total29,72,97,296 shares92,68,24,881 shares

Bids Received (Subscription)

Niva Bupa Health Insurance IPO subscribed 1.90x in total, whereas NTPC Green Energy IPO subscribed 2.55x.

 Niva Bupa Health Insurance IPONTPC Green Energy IPO
QIB (times)2.17x3.51x
NII (times)0.71x0.85x
Big NII (times)0.70x0.60x
Small NII (times)0.74x1.36x
RII (times)2.88x3.59x
Employee (times)0.83x
Other (times)1.67x
Total (times)1.90x2.55x

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