Godavari Biorefineries IPO vs NTPC Green Energy IPO

Comparision between Godavari Biorefineries IPO and NTPC Green Energy IPO.

IPO Details

Godavari Biorefineries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while NTPC Green Energy IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Godavari Biorefineries IPO	NTPC 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	Equirus Capital Private Limited SBI Capital Markets Limited	Idbi Capital Market Services Limited Hdfc Bank Limited Iifl Securities Ltd Nuvama Wealth Management 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 Godavari Biorefineries IPO is up to ₹554.75 Cr whereas the issue size of the NTPC Green Energy IPO is up to ₹10,000.00 Cr. The final issue price of Godavari Biorefineries IPO is ₹352.00 per share and of NTPC Green Energy IPO is ₹108.00 per share.

	Godavari Biorefineries IPO	NTPC Green Energy IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹334.00 per share	₹102.00 per share
Issue Price (Upper)	₹352.00 per share	₹108.00 per share
Issue Price (Final)	₹352.00 per share	₹108.00 per share
Discount (Retail)
Discount (Employee)		₹5.00 per share
Market Lot Size	42 shares	138 shares
Fresh Issue Size	92,32,955 shares	92,59,25,926 shares
Fresh Issue Size (Amount)	up to ₹325.00 Cr	up to ₹10,000.00 Cr
OFS Issue Size	65,26,983 shares
OFS Issue Size (Amount)	up to ₹229.75 Cr
Issue Size Total	1,57,59,938 shares	92,59,25,926 shares
Issue Size Total (Amount)	up to ₹554.75 Cr	up to ₹10,000.00 Cr

IPO Timetable

Godavari Biorefineries IPO opens on Oct 23, 2024, while NTPC Green Energy IPO opens on Nov 19, 2024. The closing date of Godavari Biorefineries IPO and NTPC Green Energy IPO is Oct 25, 2024, and Nov 22, 2024, respectively.

	Godavari Biorefineries IPO	NTPC Green Energy IPO
Anchor Bid Date	Oct 22, 2024	Nov 18, 2024
Issue Open	Oct 23, 2024	Nov 19, 2024
Issue Close	Oct 25, 2024	Nov 22, 2024
Basis Of Allotment (Tentative)	Oct 28, 2024	Nov 25, 2024
Initiation of Refunds (Tentative)	Oct 29, 2024	Nov 26, 2024
Credit of Share (Tentative)	Oct 29, 2024	Nov 26, 2024
Listing date (Tentative)	Oct 30, 2024	Nov 27, 2024
Anchor Lockin End date 1	Nov 26, 2024	Dec 25, 2024
Anchor Lockin End date 2	Jan 25, 2025	Feb 23, 2025

Financials

Godavari Biorefineries IPO P/E ratio is 120.04, as compared to NTPC Green Energy IPO P/E ratio of 234.97.

Godavari Biorefineries IPO

NTPC Green Energy IPO

Financial

Godavari Biorefineries Limited Financial Information (Restated Consolidated)

Godavari Biorefineries Limited's revenue decreased by -15.92% and profit after tax (PAT) dropped by -37.37% 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	1,554.62	1,991.66	1,743.52	1,733.54
Revenue	525.27	1,701.06	2,023.08	1,709.98
Profit After Tax	-26.11	12.30	19.64	19.10
Net Worth	233.84	260.25	249.01	232.57
Reserves and Surplus	432.34	458.74	447.51	431.06
Total Borrowing	703.75	663.27	738.01	636.72
Amount in ₹ Crore

NTPC Green Energy Limited Financial Information (Restated Consolidated)

NTPC Green Energy Limited's revenue increased by 1094.19% and profit after tax (PAT) rose by 101.32% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023
Assets	32,408.30	27,206.42	18,431.40
Revenue	1,132.74	2,037.66	170.63
Profit After Tax	175.30	344.72	171.23
Net Worth	8,189.18	6,232.14
Reserves and Surplus	596.08	512.60	167.88
Total Borrowing	17,057.50	12,796.74
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

81.06%

100.00%

Promoter Shareholding (Post-Issue)

63.31%

89.01%

P/E Ratio

120.04

234.97

Market Cap

₹1801.39 Cr.

₹91000.00 Cr.

ROE

-11.16%%

7.39%%

ROCE

-2.35%%

Debt/Equity

3.01

1.91

EPS

₹2.93

₹0.46

RoNW

-11.16%%

2.14%%

Shares Offered

In the Godavari Biorefineries IPO retail investors (RII) are offered 55,15,978 shares while in NTPC Green Energy IPO retail investors are offered 55,15,978 shares. Qualified institutional buyers (QIB) are offered 31,51,989 shares in Godavari Biorefineries IPO and 24,44,44,445 shares in NTPC Green Energy IPO.

	Godavari Biorefineries IPO	NTPC Green Energy IPO
Anchor Investor Reserveration	47,27,980 shares	36,66,66,666 shares
Market Maker Reserveration
QIB	31,51,989 shares	24,44,44,445 shares
NII	23,63,991 shares	12,22,22,222 shares
RII	55,15,978 shares	8,14,81,481 shares
Employee	0 shares	1,94,17,476 shares
Others
Total	1,10,31,958 shares	56,01,58,217 shares

Bids Received (Subscription)

Godavari Biorefineries IPO subscribed 1.87x in total, whereas NTPC Green Energy IPO subscribed 2.55x.

	Godavari Biorefineries IPO	NTPC Green Energy IPO
QIB (times)	2.76x	3.51x
NII (times)	0.93x	0.85x
Big NII (times)	0.56x	0.60x
Small NII (times)	1.68x	1.36x
RII (times)	1.76x	3.59x
Employee (times)		0.83x
Other (times)		1.67x
Total (times)	1.87x	2.55x

Compare with others

Godavari Biorefineries IPO	NTPC Green Energy IPO
NTPC Green Energy IPO	Suraksha Diagnostic IPO
Niva Bupa Health Insurance IPO	Property Share REIT IPO
Sagility India IPO	Enviro Infra Engineers IPO
ACME Solar Holdings IPO	BlackBuck IPO
Swiggy IPO	Avanse Financial Services IPO
Deepak Builders & Engineers IPO	Niva Bupa Health Insurance IPO
Waaree Energies IPO	Sagility India IPO
Garuda Construction and Engineering IPO	ACME Solar Holdings IPO
Afcons Infrastructure IPO	Swiggy IPO
Hyundai Motor IPO	Godavari Biorefineries IPO

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