Niva Bupa Health Insurance IPO vs Sagility India IPO

Comparison between Niva Bupa Health Insurance IPO and Sagility India IPO.

IPO Details

Niva Bupa Health Insurance IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sagility India 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 Sagility India IPO is up to ₹2,106.40 Cr. The final issue price of Niva Bupa Health Insurance IPO is ₹74.00 per share and of Sagility India IPO is ₹30.00 per share.

 Niva Bupa Health Insurance IPOSagility India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹70.00 per share₹28.00 per share
Issue Price (Upper)₹74.00 per share₹30.00 per share
Issue Price (Final)₹74.00 per share₹30.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹2.00 per share
Market Lot Size200 shares500 shares
Fresh Issue Size10,81,08,108 shares0 shares
Fresh Issue Size (Amount)up to ₹800.00 Crup to ₹0.00 Cr
OFS Issue Size18,91,89,188 shares70,21,99,262 shares
OFS Issue Size (Amount)up to ₹1,400.00 Crup to ₹2,106.40 Cr
Issue Size Total29,72,97,296 shares70,21,99,262 shares
Issue Size Total (Amount)up to ₹2,200.00 Crup to ₹2,106.40 Cr

IPO Timetable

Niva Bupa Health Insurance IPO opens on Nov 07, 2024, while Sagility India IPO opens on Nov 05, 2024. The closing date of Niva Bupa Health Insurance IPO and Sagility India IPO is Nov 11, 2024, and Nov 07, 2024, respectively.

 Niva Bupa Health Insurance IPOSagility India IPO
Anchor Bid DateNov 06, 2024Nov 04, 2024
Issue OpenNov 07, 2024Nov 05, 2024
Issue CloseNov 11, 2024Nov 07, 2024
Basis Of Allotment (Tentative)Nov 12, 2024Nov 08, 2024
Initiation of Refunds (Tentative)Nov 13, 2024Nov 08, 2024
Credit of Share (Tentative)Nov 13, 2024Nov 11, 2024
Listing date (Tentative)Nov 14, 2024Nov 12, 2024
Anchor Lockin End date 1Dec 12, 2024Dec 08, 2024
Anchor Lockin End date 2Feb 10, 2025Feb 06, 2025

Financials & KPIs

Niva Bupa Health Insurance IPO P/E ratio is 153.7, as compared to Sagility India IPO P/E ratio of 61.52.

 Niva Bupa Health Insurance IPOSagility India 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 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets10,388.0110,664.2010,590.4810,096.28
Total Income1,247.764,781.504,236.06944.39
Profit After Tax22.29228.27143.57-4.67
NET Worth7,608.166,443.136,206.674,026.62
Reserves and Surplus2,704.281,855.444,013.382,073.80
Total Borrowing943.911,933.522,347.944,239.23
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.9897.39
Promoter Shareholding (Post-Issue)73.3782.39
P/E Ratio153.761.52
Market Cap₹13380.91 Cr.₹14043.99 Cr.
ROE
ROCE
Debt/Equity0.120.15
EPS₹0.48₹0.49
RoNW-0.920.29

Shares Offered

In the Niva Bupa Health Insurance IPO Retail Individual Investors (RII) are offered 2,97,29,729 shares while in Sagility India 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 21,00,89,779 shares in Sagility India IPO.

 Niva Bupa Health Insurance IPOSagility India IPO
Anchor Investor Reservation13,37,83,783 shares31,51,34,668 shares
Market Maker Reservation
QIB8,91,89,190 shares21,00,89,779 shares
NII4,45,94,594 shares10,50,44,889 shares
RII2,97,29,729 shares7,00,29,926 shares
Employee19,00,000 shares
Others
Total29,72,97,296 shares70,21,99,262 shares

Bids Received (Subscription)

Niva Bupa Health Insurance IPO subscribed 1.90x in total, whereas Sagility India IPO subscribed 3.20x.

 Niva Bupa Health Insurance IPOSagility India IPO
QIB (times)2.17x3.52x
NII (times)0.71x1.93x
Big NII (times)0.70x1.69x
Small NII (times)0.74x2.41x
RII (times)2.88x4.16x
Employee (times)3.75x
Other (times)
Total (times)1.90x3.20x

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