Go Digit IPO vs ixigo IPO

Comparision between Go Digit IPO and ixigo IPO.

IPO Details

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

	Go Digit IPO	ixigo 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 Morgan Stanley India Company Pvt Ltd Axis Capital Limited Hdfc Bank Limited Iifl Securities Ltd Nuvama Wealth Management Limited	Axis Capital Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) Jm Financial Limited
Registrar	Link Intime India Private Ltd	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 Go Digit IPO is up to ₹2,614.65 Cr whereas the issue size of the ixigo IPO is up to ₹740.10 Cr. The final issue price of Go Digit IPO is ₹272.00 per share and of ixigo IPO is ₹93.00 per share.

	Go Digit IPO	ixigo IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹258.00 per share	₹88.00 per share
Issue Price (Upper)	₹272.00 per share	₹93.00 per share
Issue Price (Final)	₹272.00 per share	₹93.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	55 shares	161 shares
Fresh Issue Size	4,13,60,294 shares	1,29,03,226 shares
Fresh Issue Size (Amount)	up to ₹1,125.00 Cr	up to ₹120.00 Cr
OFS Issue Size	5,47,66,392 shares	6,66,77,674 shares
OFS Issue Size (Amount)	up to ₹1,489.65 Cr	up to ₹620.10 Cr
Issue Size Total	9,61,26,686 shares	7,95,80,900 shares
Issue Size Total (Amount)	up to ₹2,614.65 Cr	up to ₹740.10 Cr

IPO Timetable

Go Digit IPO opens on May 15, 2024, while ixigo IPO opens on Jun 10, 2024. The closing date of Go Digit IPO and ixigo IPO is May 17, 2024, and Jun 12, 2024, respectively.

	Go Digit IPO	ixigo IPO
Anchor Bid Date	May 14, 2024	Jun 07, 2024
Issue Open	May 15, 2024	Jun 10, 2024
Issue Close	May 17, 2024	Jun 12, 2024
Basis Of Allotment (Tentative)	May 21, 2024	Jun 13, 2024
Initiation of Refunds (Tentative)	May 22, 2024	Jun 14, 2024
Credit of Share (Tentative)	May 22, 2024	Jun 14, 2024
Listing date (Tentative)	May 23, 2024	Jun 18, 2024
Anchor Lockin End date 1	Jun 20, 2024	Jul 13, 2024
Anchor Lockin End date 2	Aug 19, 2024	Sep 11, 2024

Financials

Go Digit IPO P/E ratio is 670.31, as compared to ixigo IPO P/E ratio of 148.87.

Go Digit IPO

ixigo IPO

Financial

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

Le Travenues Technology Limited Financial Information (Restated Consolidated)

Le Travenues Technology Limited's revenue increased by 34.46% and profit after tax (PAT) rose by 210.91% 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	678.71	585.93	538.47	185.07
Revenue	497.10	517.57	384.94	138.41
Profit After Tax	65.71	23.40	-21.09	7.53
Net Worth	437.13	373.76	342.69	29.94
Reserves and Surplus	399.83	334.17	303.22	-212.60
Total Borrowing	43.36	0.54	2.73	14.94
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

83.31%

Promoter Shareholding (Post-Issue)

P/E Ratio

670.31

148.87

Market Cap

₹24947.90 Cr.

₹3603.04 Cr.

ROE

ROCE

Debt/Equity

EPS

₹0.41

₹0.62

RoNW

5.25%%

15.26%%

Shares Offered

In the Go Digit IPO retail investors (RII) are offered 96,12,668 shares while in ixigo IPO retail investors are offered 96,12,668 shares. Qualified institutional buyers (QIB) are offered 2,88,38,007 shares in Go Digit IPO and 2,38,74,271 shares in ixigo IPO.

	Go Digit IPO	ixigo IPO
Anchor Investor Reserveration	4,32,57,009 shares	3,58,11,405 shares
Market Maker Reserveration
QIB	2,88,38,007 shares	2,38,74,271 shares
NII	1,44,19,002 shares	1,19,37,134 shares
RII	96,12,668 shares	79,58,089 shares
Employee	0 shares	0 shares
Others
Total	5,28,69,677 shares	4,37,69,494 shares

Bids Received (Subscription)

Go Digit IPO subscribed 9.60x in total, whereas ixigo IPO subscribed 98.10x.

	Go Digit IPO	ixigo IPO
QIB (times)	12.56x	106.73x
NII (times)	7.24x	110.25x
Big NII (times)	8.28x	117.40x
Small NII (times)	5.15x	95.95x
RII (times)	4.27x	53.95x
Employee (times)
Other (times)
Total (times)	9.60x	98.10x

Compare with others

Go Digit IPO	ixigo IPO
Stanley Lifestyles IPO	OLA Electric
DEE Piping Systems IPO	Vraj Iron and Steel IPO
ixigo IPO	Aasaan Loans IPO
Kronox Lab Sciences IPO	Stanley Lifestyles IPO
Awfis Space Solutions IPO	DEE Piping Systems IPO
Aadhar Housing Finance IPO	Kronox Lab Sciences IPO
TBO Tek IPO	Awfis Space Solutions IPO
Indegene IPO	Go Digit IPO
JNK India IPO	Aadhar Housing Finance IPO
VI FPO	TBO Tek IPO

Comments

Add a public comment...