Aadhar Housing Finance IPO vs Go Digit IPO

Comparision between Aadhar Housing Finance IPO and Go Digit IPO.

IPO Details

Aadhar Housing Finance IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Go Digit IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Aadhar Housing Finance IPO	Go Digit 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	ICICI Securities Limited Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Nomura Financial Advisory And Securities (India) Pvt Ltd SBI Capital Markets Limited	ICICI Securities Limited Morgan Stanley India Company Pvt Ltd Axis Capital Limited Hdfc Bank Limited Iifl Securities Ltd Nuvama Wealth Management 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 Aadhar Housing Finance IPO is up to ₹3,000.00 Cr whereas the issue size of the Go Digit IPO is up to ₹2,614.65 Cr. The final issue price of Aadhar Housing Finance IPO is ₹315.00 per share and of Go Digit IPO is ₹272.00 per share.

	Aadhar Housing Finance IPO	Go Digit IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹300.00 per share	₹258.00 per share
Issue Price (Upper)	₹315.00 per share	₹272.00 per share
Issue Price (Final)	₹315.00 per share	₹272.00 per share
Discount (Retail)
Discount (Employee)	₹23.00 per share
Market Lot Size	47 shares	55 shares
Fresh Issue Size	3,17,46,032 shares	4,13,60,294 shares
Fresh Issue Size (Amount)	up to ₹1,000.00 Cr	up to ₹1,125.00 Cr
OFS Issue Size	6,34,92,063 shares	5,47,66,392 shares
OFS Issue Size (Amount)	up to ₹2,000.00 Cr	up to ₹1,489.65 Cr
Issue Size Total	9,52,38,095 shares	9,61,26,686 shares
Issue Size Total (Amount)	up to ₹3,000.00 Cr	up to ₹2,614.65 Cr

IPO Timetable

Aadhar Housing Finance IPO opens on May 08, 2024, while Go Digit IPO opens on May 15, 2024. The closing date of Aadhar Housing Finance IPO and Go Digit IPO is May 10, 2024, and May 17, 2024, respectively.

	Aadhar Housing Finance IPO	Go Digit IPO
Anchor Bid Date	May 07, 2024	May 14, 2024
Issue Open	May 08, 2024	May 15, 2024
Issue Close	May 10, 2024	May 17, 2024
Basis Of Allotment (Tentative)	May 13, 2024	May 21, 2024
Initiation of Refunds (Tentative)	May 14, 2024	May 22, 2024
Credit of Share (Tentative)	May 14, 2024	May 22, 2024
Listing date (Tentative)	May 15, 2024	May 23, 2024
Anchor Lockin End date 1	Jun 12, 2024	Jun 20, 2024
Anchor Lockin End date 2	Aug 11, 2024	Aug 19, 2024

Financials

Aadhar Housing Finance IPO P/E ratio is 22.8, as compared to Go Digit IPO P/E ratio of 670.31.

Aadhar Housing Finance IPO

Go Digit IPO

Financial

Aadhar Housing Finance Limited Financial Information (Restated Consolidated)

Aadhar Housing Finance Limited's revenue increased by 18.22% and profit after tax (PAT) rose by 22.22% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	18,035.57	16,617.87	14,375.81	13,630.33
Revenue	1,895.17	2,043.52	1,728.56	1,575.55
Profit After Tax	547.88	545.34	446.20	340.46
Net Worth	4,249.10	3,697.60	3,146.63	2,692.76
Total Borrowing	13,127.59	12,153.45	10,674.59	10,374.47
Amount in ₹ Crore

Go Digit General Insurance Limited Financial Information (Restated)

Go Digit General Insurance Limited's revenue increased by 113.35% and profit after tax (PAT) rose by 112.01% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Dec 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	3,619.95	3,346.75	2,919.01	1,874.80
Revenue	130.83	39.19	-293.64	-118.55
Profit After Tax	129.02	35.54	-295.85	-122.76
Net Worth	2,459.34	2,325.47	1,866.87	1,134.57
Reserves and Surplus	2,391.97	2,383.61	1,975.07	973.14
Total Borrowing	200.00
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

98.72%

83.31%

Promoter Shareholding (Post-Issue)

76.48%

P/E Ratio

22.8

670.31

Market Cap

₹13434.78 Cr.

₹24947.90 Cr.

ROE

18.4%%

ROCE

Debt/Equity

3.1

EPS

₹13.81

₹0.41

RoNW

12.9%%

5.25%%

Shares Offered

In the Aadhar Housing Finance IPO retail investors (RII) are offered 3,32,55,556 shares while in Go Digit IPO retail investors are offered 3,32,55,556 shares. Qualified institutional buyers (QIB) are offered 1,90,03,176 shares in Aadhar Housing Finance IPO and 2,88,38,007 shares in Go Digit IPO.

	Aadhar Housing Finance IPO	Go Digit IPO
Anchor Investor Reserveration	2,85,04,761 shares	4,32,57,009 shares
Market Maker Reserveration
QIB	1,90,03,176 shares	2,88,38,007 shares
NII	1,42,52,381 shares	1,44,19,002 shares
RII	3,32,55,556 shares	96,12,668 shares
Employee	2,39,726 shares	0 shares
Others
Total	6,67,50,839 shares	5,28,69,677 shares

Bids Received (Subscription)

Aadhar Housing Finance IPO subscribed 26.76x in total, whereas Go Digit IPO subscribed 9.60x.

	Aadhar Housing Finance IPO	Go Digit IPO
QIB (times)	76.42x	12.56x
NII (times)	17.33x	7.24x
Big NII (times)	18.90x	8.28x
Small NII (times)	14.19x	5.15x
RII (times)	2.58x	4.27x
Employee (times)	6.88x
Other (times)
Total (times)	26.76x	9.60x

Compare with others

Aadhar Housing Finance IPO	Go Digit IPO
DEE Piping Systems IPO	Stanley Lifestyles IPO
ixigo IPO	DEE Piping Systems IPO
Kronox Lab Sciences IPO	ixigo IPO
Awfis Space Solutions IPO	Kronox Lab Sciences IPO
Go Digit IPO	Awfis Space Solutions IPO
TBO Tek IPO	Aadhar Housing Finance IPO
Indegene IPO	TBO Tek IPO
JNK India IPO	Indegene IPO
VI FPO	JNK India IPO
Bharti Hexacom IPO	VI FPO

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