GPT Healthcare IPO vs JG Chemicals IPO

Comparision between GPT Healthcare IPO and JG Chemicals IPO.

IPO Details

GPT Healthcare IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while JG Chemicals IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	GPT Healthcare IPO	JG Chemicals 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	Jm Financial Limited	Centrum Capital Limited Emkay Global Financial Services Ltd Keynote Financial Services Ltd
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 GPT Healthcare IPO is up to ₹525.14 Cr whereas the issue size of the JG Chemicals IPO is up to ₹251.19 Cr. The final issue price of GPT Healthcare IPO is ₹186.00 per share and of JG Chemicals IPO is ₹221.00 per share.

	GPT Healthcare IPO	JG Chemicals IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹177.00 per share	₹210.00 per share
Issue Price (Upper)	₹186.00 per share	₹221.00 per share
Issue Price (Final)	₹186.00 per share	₹221.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	80 shares	67 shares
Fresh Issue Size	21,50,537 shares	74,66,063 shares
Fresh Issue Size (Amount)	up to ₹40.00 Cr	up to ₹165.00 Cr
OFS Issue Size	2,60,82,786 shares	39,00,000 shares
OFS Issue Size (Amount)	up to ₹485.14 Cr	up to ₹86.19 Cr
Issue Size Total	2,82,33,323 shares	1,13,66,063 shares
Issue Size Total (Amount)	up to ₹525.14 Cr	up to ₹251.19 Cr

IPO Timetable

GPT Healthcare IPO opens on Feb 22, 2024, while JG Chemicals IPO opens on Mar 05, 2024. The closing date of GPT Healthcare IPO and JG Chemicals IPO is Feb 26, 2024, and Mar 07, 2024, respectively.

	GPT Healthcare IPO	JG Chemicals IPO
Anchor Bid Date	Feb 21, 2024	Mar 04, 2024
Issue Open	Feb 22, 2024	Mar 05, 2024
Issue Close	Feb 26, 2024	Mar 07, 2024
Basis Of Allotment (Tentative)	Feb 27, 2024	Mar 11, 2024
Initiation of Refunds (Tentative)	Feb 28, 2024	Mar 12, 2024
Credit of Share (Tentative)	Feb 28, 2024	Mar 12, 2024
Listing date (Tentative)	Feb 29, 2024	Mar 13, 2024
Anchor Lockin End date 1	Mar 28, 2024	Apr 10, 2024
Anchor Lockin End date 2	May 27, 2024	Jun 09, 2024

Financials

GPT Healthcare IPO P/E ratio is 38.1, as compared to JG Chemicals IPO P/E ratio of 16.25.

GPT Healthcare IPO

JG Chemicals IPO

Financial

GPT Healthcare Limited Financial Information (Restated Consolidated)

GPT Healthcare Limited's revenue increased by 7.11% and profit after tax (PAT) dropped by -6.37% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	332.09	326.76	323.22	317.21
Revenue	206.70	366.73	342.40	248.86
Profit After Tax	23.49	39.01	41.66	21.09
Net Worth	171.43	164.14	156.96	132.68
Reserves and Surplus	92.75	85.46	78.28	75.96
Total Borrowing	55.57	64.67	95.52	122.93
Amount in ₹ Crore

JG Chemicals Limited Financial Information (Restated Consolidated)

JG Chemicals Limited's revenue increased by 27.47% and profit after tax (PAT) rose by 31.69% 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	271.26	297.79	264.14	209.94
Revenue	491.10	794.19	623.05	440.41
Profit After Tax	18.51	56.79	43.13	28.80
Net Worth	217.86	199.89	147.66	108.48
Reserves and Surplus	193.22	175.67	151.23	107.17
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

67.34%

100.00%

Promoter Shareholding (Post-Issue)

P/E Ratio

38.1

16.25

Market Cap

₹1526.22 Cr.

₹866.01 Cr.

ROE

23.59%%

8.20%%

ROCE

26.09%%

11.86 %%

Debt/Equity

0.39

0.11

EPS

₹4.88

₹13.60

RoNW

23.77%%

8.16%%

Shares Offered

In the GPT Healthcare IPO retail investors (RII) are offered 98,81,663 shares while in JG Chemicals IPO retail investors are offered 98,81,663 shares. Qualified institutional buyers (QIB) are offered 56,46,665 shares in GPT Healthcare IPO and 22,73,214 shares in JG Chemicals IPO.

	GPT Healthcare IPO	JG Chemicals IPO
Anchor Investor Reserveration	84,69,996 shares	34,09,818 shares
Market Maker Reserveration
QIB	56,46,665 shares	22,73,214 shares
NII	42,34,999 shares	17,04,910 shares
RII	98,81,663 shares	39,78,122 shares
Employee	0 shares	0 shares
Others
Total	1,97,63,327 shares	79,56,246 shares

Bids Received (Subscription)

GPT Healthcare IPO subscribed 8.52x in total, whereas JG Chemicals IPO subscribed 28.52x.

	GPT Healthcare IPO	JG Chemicals IPO
QIB (times)	17.30x	32.33x
NII (times)	11.02x	47.92x
Big NII (times)	11.98x	50.26x
Small NII (times)	9.09x	43.24x
RII (times)	2.44x	18.03x
Employee (times)
Other (times)
Total (times)	8.52x	28.52x

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Capital SFB IPO	Entero Healthcare Solutions IPO

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