Go Digit IPO vs Kronox Lab Sciences IPO

Comparision between Go Digit IPO and Kronox Lab Sciences IPO.

IPO Details

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

	Go Digit IPO	Kronox Lab Sciences 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	Pantomath Capital Advisors Pvt 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 Go Digit IPO is up to ₹2,614.65 Cr whereas the issue size of the Kronox Lab Sciences IPO is up to ₹130.15 Cr. The final issue price of Go Digit IPO is ₹272.00 per share and of Kronox Lab Sciences IPO is ₹136.00 per share.

	Go Digit IPO	Kronox Lab Sciences IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹258.00 per share	₹129.00 per share
Issue Price (Upper)	₹272.00 per share	₹136.00 per share
Issue Price (Final)	₹272.00 per share	₹136.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	55 shares	110 shares
Fresh Issue Size	4,13,60,294 shares
Fresh Issue Size (Amount)	up to ₹1,125.00 Cr
OFS Issue Size	5,47,66,392 shares	95,70,000 shares
OFS Issue Size (Amount)	up to ₹1,489.65 Cr	up to ₹130.15 Cr
Issue Size Total	9,61,26,686 shares	95,70,000 shares
Issue Size Total (Amount)	up to ₹2,614.65 Cr	up to ₹130.15 Cr

IPO Timetable

Go Digit IPO opens on May 15, 2024, while Kronox Lab Sciences IPO opens on Jun 03, 2024. The closing date of Go Digit IPO and Kronox Lab Sciences IPO is May 17, 2024, and Jun 05, 2024, respectively.

	Go Digit IPO	Kronox Lab Sciences IPO
Anchor Bid Date	May 14, 2024	May 31, 2024
Issue Open	May 15, 2024	Jun 03, 2024
Issue Close	May 17, 2024	Jun 05, 2024
Basis Of Allotment (Tentative)	May 21, 2024	Jun 06, 2024
Initiation of Refunds (Tentative)	May 22, 2024	Jun 07, 2024
Credit of Share (Tentative)	May 22, 2024	Jun 07, 2024
Listing date (Tentative)	May 23, 2024	Jun 10, 2024
Anchor Lockin End date 1	Jun 20, 2024	Jul 06, 2024
Anchor Lockin End date 2	Aug 19, 2024	Sep 04, 2024

Financials

Go Digit IPO P/E ratio is 670.31, as compared to Kronox Lab Sciences IPO P/E ratio of 30.37.

Go Digit IPO

Kronox Lab Sciences 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

Kronox Lab Sciences Limited Financial Information (Restated)

Kronox Lab Sciences Limited's revenue increased by 16.99% and profit after tax (PAT) rose by 21.94% 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	66.96	54.03	56.79	37.65
Revenue	68.44	97.50	83.34	63.24
Profit After Tax	15.47	16.62	13.63	9.73
Net Worth	60.28	44.68	40.35	26.81
Reserves and Surplus	15.56	7.58	40.11	26.57
Total Borrowing			0.64	0.01
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

83.31%

99.98%

Promoter Shareholding (Post-Issue)

74.21%

P/E Ratio

670.31

30.37

Market Cap

₹24947.90 Cr.

₹504.61 Cr.

ROE

25.66%%

ROCE

33.15%%

Debt/Equity

EPS

₹0.41

₹4.48

RoNW

5.25%%

25.66%%

Shares Offered

In the Go Digit IPO retail investors (RII) are offered 96,12,668 shares while in Kronox Lab Sciences 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 19,14,000 shares in Kronox Lab Sciences IPO.

	Go Digit IPO	Kronox Lab Sciences IPO
Anchor Investor Reserveration	4,32,57,009 shares	28,71,000 shares
Market Maker Reserveration
QIB	2,88,38,007 shares	19,14,000 shares
NII	1,44,19,002 shares	14,35,500 shares
RII	96,12,668 shares	33,49,500 shares
Employee	0 shares	0 shares
Others
Total	5,28,69,677 shares	66,99,000 shares

Bids Received (Subscription)

Go Digit IPO subscribed 9.60x in total, whereas Kronox Lab Sciences IPO subscribed 117.25x.

	Go Digit IPO	Kronox Lab Sciences IPO
QIB (times)	12.56x	89.03x
NII (times)	7.24x	301.92x
Big NII (times)	8.28x	322.26x
Small NII (times)	5.15x	261.22x
RII (times)	4.27x	54.24x
Employee (times)
Other (times)
Total (times)	9.60x	117.25x

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Kronox Lab Sciences IPO	DEE Piping Systems IPO
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Aadhar Housing Finance IPO	Awfis Space Solutions IPO
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