GPT Healthcare IPO vs Popular Vehicles & Services IPO

Comparision between GPT Healthcare IPO and Popular Vehicles & Services IPO.

IPO Details

GPT Healthcare IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Popular Vehicles & Services IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	GPT Healthcare IPO	Popular Vehicles & Services 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	ICICI Securities Limited Nuvama Wealth Management Limited Centrum Capital 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 GPT Healthcare IPO is up to ₹525.14 Cr whereas the issue size of the Popular Vehicles & Services IPO is up to ₹601.55 Cr. The final issue price of GPT Healthcare IPO is ₹186.00 per share and of Popular Vehicles & Services IPO is ₹295.00 per share.

	GPT Healthcare IPO	Popular Vehicles & Services IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹177.00 per share	₹280.00 per share
Issue Price (Upper)	₹186.00 per share	₹295.00 per share
Issue Price (Final)	₹186.00 per share	₹295.00 per share
Discount (Retail)
Discount (Employee)		₹28.00 per share
Market Lot Size	80 shares	50 shares
Fresh Issue Size	21,50,537 shares	84,78,130 shares
Fresh Issue Size (Amount)	up to ₹40.00 Cr	up to ₹250.00 Cr
OFS Issue Size	2,60,82,786 shares	1,19,17,075 shares
OFS Issue Size (Amount)	up to ₹485.14 Cr	up to ₹351.55 Cr
Issue Size Total	2,82,33,323 shares	2,03,95,205 shares
Issue Size Total (Amount)	up to ₹525.14 Cr	up to ₹601.55 Cr

IPO Timetable

GPT Healthcare IPO opens on Feb 22, 2024, while Popular Vehicles & Services IPO opens on Mar 12, 2024. The closing date of GPT Healthcare IPO and Popular Vehicles & Services IPO is Feb 26, 2024, and Mar 14, 2024, respectively.

	GPT Healthcare IPO	Popular Vehicles & Services IPO
Anchor Bid Date	Feb 21, 2024	Mar 11, 2024
Issue Open	Feb 22, 2024	Mar 12, 2024
Issue Close	Feb 26, 2024	Mar 14, 2024
Basis Of Allotment (Tentative)	Feb 27, 2024	Mar 15, 2024
Initiation of Refunds (Tentative)	Feb 28, 2024	Mar 18, 2024
Credit of Share (Tentative)	Feb 28, 2024	Mar 18, 2024
Listing date (Tentative)	Feb 29, 2024	Mar 19, 2024
Anchor Lockin End date 1	Mar 28, 2024	Apr 14, 2024
Anchor Lockin End date 2	May 27, 2024	Jun 13, 2024

Financials

GPT Healthcare IPO P/E ratio is 38.1, as compared to Popular Vehicles & Services IPO P/E ratio of 28.88.

GPT Healthcare IPO

Popular Vehicles & Services 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

Popular Vehicles & Services Limited Financial Information (Restated Consolidated)

Popular Vehicles & Services Limited's revenue increased by 40.42% and profit after tax (PAT) rose by 90.31% 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	1,941.78	1,503.78	1,263.29	1,118.94
Revenue	2,848.21	4,892.63	3,484.20	2,919.25
Profit After Tax	40.04	64.07	33.67	32.46
Net Worth	384.21	343.04	279.89	246.00
Reserves and Surplus	371.67	330.50	267.34	233.46
Total Borrowing	764.61	505.01	371.91	353.04
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

67.34%

69.45%

Promoter Shareholding (Post-Issue)

61.17%

P/E Ratio

38.1

28.88

Market Cap

₹1526.22 Cr.

₹2100.28 Cr.

ROE

23.59%%

10.42%%

ROCE

26.09%%

8.83%%

Debt/Equity

0.39

1.99

EPS

₹4.88

₹10.22

RoNW

23.77%%

10.42%%

Shares Offered

In the GPT Healthcare IPO retail investors (RII) are offered 98,81,663 shares while in Popular Vehicles & Services IPO retail investors are offered 98,81,663 shares. Qualified institutional buyers (QIB) are offered 56,46,665 shares in GPT Healthcare IPO and 40,71,551 shares in Popular Vehicles & Services IPO.

	GPT Healthcare IPO	Popular Vehicles & Services IPO
Anchor Investor Reserveration	84,69,996 shares	61,07,325 shares
Market Maker Reserveration
QIB	56,46,665 shares	40,71,551 shares
NII	42,34,999 shares	30,53,663 shares
RII	98,81,663 shares	71,25,213 shares
Employee	0 shares	37,453 shares
Others
Total	1,97,63,327 shares	1,42,87,880 shares

Bids Received (Subscription)

GPT Healthcare IPO subscribed 8.52x in total, whereas Popular Vehicles & Services IPO subscribed 1.25x.

	GPT Healthcare IPO	Popular Vehicles & Services IPO
QIB (times)	17.30x	1.92x
NII (times)	11.02x	0.67x
Big NII (times)	11.98x	0.67x
Small NII (times)	9.09x	0.68x
RII (times)	2.44x	1.07x
Employee (times)		8.04x
Other (times)
Total (times)	8.52x	1.25x

Compare with others

GPT Healthcare IPO	Popular Vehicles & Services IPO
Popular Vehicles & Services IPO	Indegene IPO
Gopal Namkeen IPO	JNK India IPO
Krystal Integrated Services IPO	VI FPO
JG Chemicals IPO	Bharti Hexacom IPO
Bharat Highways InvIT	SRM Contractors IPO
Juniper Hotels IPO	Gopal Namkeen IPO
Vibhor Steel Tubes IPO	Krystal Integrated Services IPO
Entero Healthcare Solutions IPO	JG Chemicals IPO
Exicom Tele-Systems IPO	Bharat Highways InvIT
Capital SFB IPO	GPT Healthcare IPO

Comments

Add a public comment...