Bikaji Foods IPO vs Global Health IPO

Comparision between Bikaji Foods IPO and Global Health IPO.

IPO Details

Bikaji Foods IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Global Health IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bikaji Foods IPO	Global Health IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Jm Financial Limited Axis Capital Limited Iifl Securities Ltd Intensive Fiscal Services Private Limited Kotak Mahindra Capital Company Limited	Kotak Mahindra Capital Company Limited Credit Suisse Securities (India) Private Limited Jefferies India Private Limited Jm Financial Limited
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Bikaji Foods IPO is up to ₹881.22 Cr whereas the issue size of the Global Health IPO is up to ₹2,205.57 Cr. The final issue price of Bikaji Foods IPO is ₹300.00 per share and of Global Health IPO is ₹336.00 per share.

	Bikaji Foods IPO	Global Health IPO
Face Value	₹1 per share	₹2 per share
Issue Price (Lower)	₹285.00 per share	₹319.00 per share
Issue Price (Upper)	₹300.00 per share	₹336.00 per share
Issue Price (Final)	₹300.00 per share	₹336.00 per share
Discount (Retail)
Discount (Employee)	₹15.00 per share
Market Lot Size	50 shares	44 shares
Fresh Issue Size
Fresh Issue Size (Amount)		up to ₹500.00 Cr
OFS Issue Size	2,93,73,984 shares	5,07,61,000 shares
OFS Issue Size (Amount)	up to ₹881.22 Cr	up to ₹1,705.57 Cr
Issue Size Total	2,93,73,984 shares
Issue Size Total (Amount)	up to ₹881.22 Cr	up to ₹2,205.57 Cr

IPO Timetable

Bikaji Foods IPO opens on Nov 03, 2022, while Global Health IPO opens on Nov 03, 2022. The closing date of Bikaji Foods IPO and Global Health IPO is Nov 07, 2022, and Nov 07, 2022, respectively.

	Bikaji Foods IPO	Global Health IPO
Anchor Bid Date
Issue Open	Nov 03, 2022	Nov 03, 2022
Issue Close	Nov 07, 2022	Nov 07, 2022
Basis Of Allotment (Tentative)	Nov 11, 2022	Nov 11, 2022
Initiation of Refunds (Tentative)	Nov 14, 2022	Nov 14, 2022
Credit of Share (Tentative)	Nov 15, 2022	Nov 15, 2022
Listing date (Tentative)	Nov 16, 2022	Nov 16, 2022
Anchor Lockin End date 1	Dec 11, 2022	Dec 11, 2022
Anchor Lockin End date 2	Feb 09, 2023	Feb 09, 2023

Financials

Bikaji Foods IPO P/E ratio is 119.05, as compared to Global Health IPO P/E ratio of 38.36.

Bikaji Foods IPO

Global Health IPO

Financial

Bikaji Foods International Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-19	630.9	910.65	50.93	469.77	72.31
31-Mar-20	676.64	1082.9	56.37	529.16	52.3
31-Mar-21	817.15	1322.21	90.34	604.1	86.15
30-Jun-21	871.96	337.08	12.41	618.45	101.13
31-Mar-22	1102.13	1621.45	76.03	819.26	141.23
30-Jun-22	1146.28	423.82	15.7	834.8	156.39
Amount in ₹ Crore

Global Health Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2666.29	1544.27	36.33	1349.54	621.94
30-Jun-20	2855.11	491.58	41.76	1425.38	725.07
31-Mar-21	2694.1	1478.16	28.8	1382.34	644.6
31-Mar-22	3145.52	2205.82	196.2	1616.01	837.86
30-Jun-22	3221.94	626.54	58.71	1675.55	794.45
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

77.97%

35%

Promoter Shareholding (Post-Issue)

75.96%

33%

P/E Ratio

119.05

38.36

Market Cap

₹7485.30 Cr.

₹9011.01 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Bikaji Foods IPO retail investors (RII) are offered 1,01,93,395 shares while in Global Health IPO retail investors are offered 1,01,93,395 shares. Qualified institutional buyers (QIB) are offered 58,24,797 shares in Bikaji Foods IPO and 1,35,24,905 shares in Global Health IPO.

	Bikaji Foods IPO	Global Health IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	58,24,797 shares	1,35,24,905 shares
NII	43,68,598 shares	99,65,248 shares
RII	1,01,93,395 shares	2,32,52,244 shares
Employee	2,50,000 shares	0 shares
Others
Total	2,06,36,790 shares	4,67,42,397 shares

Bids Received (Subscription)

Bikaji Foods IPO subscribed 26.67x in total, whereas Global Health IPO subscribed 9.58x.

	Bikaji Foods IPO	Global Health IPO
QIB (times)	80.63x	28.64x
NII (times)	7.10x	4.02x
Big NII (times)	7.47x	5.16x
Small NII (times)	6.34x	1.73x
RII (times)	4.77x	0.88x
Employee (times)	4.38x
Other (times)
Total (times)	26.67x	9.58x

Compare with others

Bikaji Foods IPO	Global Health IPO
Dharmaj Crop Guard IPO	Keystone Realtors IPO
Landmark Cars IPO	Inox Green Energy IPO
Keystone Realtors IPO	Archean Chemical IPO
Inox Green Energy IPO	Bikaji Foods IPO
Archean Chemical IPO	Fusion Micro Finance IPO
Fusion Micro Finance IPO	Five Star Business Finance IPO
Global Health IPO	Uniparts India IPO
Five Star Business Finance IPO	Kaynes Technology IPO
Uniparts India IPO	Electronics Mart India IPO
Kaynes Technology IPO	DCX Systems IPO

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