Enviro Infra Engineers IPO vs Niva Bupa Health Insurance IPO

Comparision between Enviro Infra Engineers IPO and Niva Bupa Health Insurance IPO.

IPO Details

Enviro Infra Engineers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Niva Bupa Health Insurance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Enviro Infra Engineers IPO	Niva Bupa Health Insurance 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	Hem Securities Limited	ICICI Securities Limited Morgan Stanley India Company Pvt Ltd Kotak Mahindra Capital Company Limited Axis Capital Limited Hdfc Bank Limited Motilal Oswal Investment Advisors Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL		IPO Allotment URL

Issue Size and Price

The total issue size of Enviro Infra Engineers IPO is up to ₹650.43 Cr whereas the issue size of the Niva Bupa Health Insurance IPO is up to ₹2,200.00 Cr. The final issue price of Enviro Infra Engineers IPO is and of Niva Bupa Health Insurance IPO is ₹74.00 per share.

	Enviro Infra Engineers IPO	Niva Bupa Health Insurance IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹140.00 per share	₹70.00 per share
Issue Price (Upper)	₹148.00 per share	₹74.00 per share
Issue Price (Final)		₹74.00 per share
Discount (Retail)
Discount (Employee)	₹13.00 per share
Market Lot Size	101 shares	200 shares
Fresh Issue Size	3,86,80,000 shares	10,81,08,108 shares
Fresh Issue Size (Amount)	up to ₹572.46 Cr	up to ₹800.00 Cr
OFS Issue Size	52,68,000 shares	18,91,89,189 shares
OFS Issue Size (Amount)	up to ₹77.97 Cr	up to ₹1,400.00 Cr
Issue Size Total	4,39,48,000 shares	29,72,97,297 shares
Issue Size Total (Amount)	up to ₹650.43 Cr	up to ₹2,200.00 Cr

IPO Timetable

Enviro Infra Engineers IPO opens on Nov 22, 2024, while Niva Bupa Health Insurance IPO opens on Nov 07, 2024. The closing date of Enviro Infra Engineers IPO and Niva Bupa Health Insurance IPO is Nov 26, 2024, and Nov 11, 2024, respectively.

	Enviro Infra Engineers IPO	Niva Bupa Health Insurance IPO
Anchor Bid Date	Nov 21, 2024	Nov 06, 2024
Issue Open	Nov 22, 2024	Nov 07, 2024
Issue Close	Nov 26, 2024	Nov 11, 2024
Basis Of Allotment (Tentative)	Nov 27, 2024	Nov 12, 2024
Initiation of Refunds (Tentative)	Nov 27, 2024	Nov 13, 2024
Credit of Share (Tentative)	Nov 28, 2024	Nov 13, 2024
Listing date (Tentative)	Nov 29, 2024	Nov 14, 2024
Anchor Lockin End date 1	Dec 27, 2024	Dec 12, 2024
Anchor Lockin End date 2	Feb 25, 2025	Feb 10, 2025

Financials

Enviro Infra Engineers IPO P/E ratio is 18.32, as compared to Niva Bupa Health Insurance IPO P/E ratio of 153.7.

Enviro Infra Engineers IPO

Niva Bupa Health Insurance IPO

Financial

Enviro Infra Engineers Limited Financial Information (Restated Consolidated)

Enviro Infra Engineers Limited's revenue increased by 116% and profit after tax (PAT) rose by 101% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	812.87	761.19	347.58	148.27
Revenue	207.46	738	341.66	225.62
Profit After Tax	30.78	110.54	54.98	34.55
Net Worth	323	292.18	126.51	71.62
Reserves and Surplus	186.29	155.51	101.11	69.31
Total Borrowing	305.59	233.59	64.54	18.11
Amount in ₹ Crore

Niva Bupa Health Insurance Company Limited Financial Information (Restated)

Niva Bupa Health Insurance Company Limited's revenue increased by 44.05% and profit after tax (PAT) rose by 552.73% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	6,542.06	6,191.87	3,876.57	2,738.44
Revenue	1,124.90	4,118.63	2,859.24	1,884.54
Profit After Tax	-18.82	81.85	12.54	-196.53
Net Worth	2,031.77	2,049.59	831.12	507.65
Reserves and Surplus	1,282.44	1,282.02	334.26	125.40
Total Borrowing	250.00	250.00	250.00	250.00
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

93.66%

88.98%

Promoter Shareholding (Post-Issue)

73.37%

P/E Ratio

18.32

153.7

Market Cap

₹2597.84 Cr.

₹13380.91 Cr.

ROE

51.68%%

ROCE

32.34%%

Debt/Equity

0.8

0.12

EPS

₹8.08

₹0.48

RoNW

37.83%%

-0.92%

Shares Offered

In the Enviro Infra Engineers IPO retail investors (RII) are offered while in Niva Bupa Health Insurance IPO retail investors are offered . Qualified institutional buyers (QIB) are offered in Enviro Infra Engineers IPO and 8,91,89,190 shares in Niva Bupa Health Insurance IPO.

	Enviro Infra Engineers IPO	Niva Bupa Health Insurance IPO
Anchor Investor Reserveration		13,37,83,783 shares
Market Maker Reserveration
QIB		8,91,89,190 shares
NII		4,45,94,595 shares
RII		2,97,29,730 shares
Employee	1,00,000 shares	0 shares
Others
Total		16,35,13,515 shares

Bids Received (Subscription)

Enviro Infra Engineers IPO subscribed in total, whereas Niva Bupa Health Insurance IPO subscribed 1.90x.

	Enviro Infra Engineers IPO	Niva Bupa Health Insurance IPO
QIB (times)		2.17x
NII (times)		0.71x
Big NII (times)		0.70x
Small NII (times)		0.74x
RII (times)		2.88x
Employee (times)
Other (times)
Total (times)		1.90x

Compare with others

Enviro Infra Engineers IPO	Niva Bupa Health Insurance IPO
BlackBuck IPO	Enviro Infra Engineers IPO
Avanse Financial Services IPO	BlackBuck IPO
NTPC Green Energy IPO	Avanse Financial Services IPO
Niva Bupa Health Insurance IPO	NTPC Green Energy IPO
Sagility India IPO	Sagility India IPO
	ACME Solar Holdings IPO
	Swiggy IPO
	Godavari Biorefineries IPO
	Deepak Builders & Engineers IPO

Comments

Add a public comment...