Global Health IPO vs Inox Green Energy IPO

Comparision between Global Health IPO and Inox Green Energy IPO.

IPO Details

Global Health IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Inox Green Energy IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Global Health IPO	Inox Green Energy 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	Kotak Mahindra Capital Company Limited Credit Suisse Securities (India) Private Limited Jefferies India Private Limited Jm Financial Limited	Edelweiss Financial Services Ltd Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Equirus Capital Private Limited Idbi Capital Market Services Limited Systematix Corporate Services Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 Global Health IPO is up to ₹2,205.57 Cr whereas the issue size of the Inox Green Energy IPO is up to ₹740.00 Cr. The final issue price of Global Health IPO is ₹336.00 per share and of Inox Green Energy IPO is ₹65.00 per share.

	Global Health IPO	Inox Green Energy IPO
Face Value	₹2 per share	₹10 per share
Issue Price (Lower)	₹319.00 per share	₹61.00 per share
Issue Price (Upper)	₹336.00 per share	₹65.00 per share
Issue Price (Final)	₹336.00 per share	₹65.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	44 shares	230 shares
Fresh Issue Size		5,69,23,077 shares
Fresh Issue Size (Amount)	up to ₹500.00 Cr	up to ₹370.00 Cr
OFS Issue Size	5,07,61,000 shares	5,69,23,077 shares
OFS Issue Size (Amount)	up to ₹1,705.57 Cr	up to ₹370.00 Cr
Issue Size Total		11,38,46,154 shares
Issue Size Total (Amount)	up to ₹2,205.57 Cr	up to ₹740.00 Cr

IPO Timetable

Global Health IPO opens on Nov 03, 2022, while Inox Green Energy IPO opens on Nov 11, 2022. The closing date of Global Health IPO and Inox Green Energy IPO is Nov 07, 2022, and Nov 15, 2022, respectively.

	Global Health IPO	Inox Green Energy IPO
Anchor Bid Date
Issue Open	Nov 03, 2022	Nov 11, 2022
Issue Close	Nov 07, 2022	Nov 15, 2022
Basis Of Allotment (Tentative)	Nov 11, 2022	Nov 18, 2022
Initiation of Refunds (Tentative)	Nov 14, 2022	Nov 21, 2022
Credit of Share (Tentative)	Nov 15, 2022	Nov 22, 2022
Listing date (Tentative)	Nov 16, 2022	Nov 23, 2022
Anchor Lockin End date 1	Dec 11, 2022	Dec 18, 2022
Anchor Lockin End date 2	Feb 09, 2023	Feb 16, 2023

Financials

Global Health IPO P/E ratio is 38.36, as compared to Inox Green Energy IPO P/E ratio of -327.

Global Health IPO

Inox Green Energy IPO

Financial

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

Inox Green Energy Services Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2339.86	172.16	1.68	96.54	1084.92
31-Mar-21	2692.8	186.29	-27.73	42.96	1411.02
31-Mar-22	2120.65	190.23	-4.95	806.63	904.17
30-Jun-22	2127.74	63.16	-11.58	795	909.92
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

35%

93.84%

Promoter Shareholding (Post-Issue)

33%

56.04%

P/E Ratio

38.36

-327

Market Cap

₹9011.01 Cr.

₹1897.61 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Global Health IPO retail investors (RII) are offered 2,32,52,244 shares while in Inox Green Energy IPO retail investors are offered 2,32,52,244 shares. Qualified institutional buyers (QIB) are offered 1,35,24,905 shares in Global Health IPO and 3,63,93,442 shares in Inox Green Energy IPO.

	Global Health IPO	Inox Green Energy IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	1,35,24,905 shares	3,63,93,442 shares
NII	99,65,248 shares	1,81,96,721 shares
RII	2,32,52,244 shares	1,21,31,147 shares
Employee	0 shares	0 shares
Others
Total	4,67,42,397 shares	6,67,21,310 shares

Bids Received (Subscription)

Global Health IPO subscribed 9.58x in total, whereas Inox Green Energy IPO subscribed 1.55x.

	Global Health IPO	Inox Green Energy IPO
QIB (times)	28.64x	1.05x
NII (times)	4.02x	0.47x
Big NII (times)	5.16x	0.39x
Small NII (times)	1.73x	0.64x
RII (times)	0.88x	4.70x
Employee (times)
Other (times)
Total (times)	9.58x	1.55x

Compare with others

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

Comments

Add a public comment...