Godavari Biorefineries IPO vs Niva Bupa Health Insurance IPO

Comparision between Godavari Biorefineries IPO and Niva Bupa Health Insurance IPO.

IPO Details

Godavari Biorefineries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Niva Bupa Health Insurance IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Godavari Biorefineries IPO	Niva Bupa Health Insurance 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	ICICI Securities Limited Morgan Stanley India Company Pvt Ltd Kotak Mahindra Capital Company Limited Axis Capital Limited Hdfc Bank Limited Motilal Oswal Investment Advisors 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 Niva Bupa Health Insurance IPO is up to ₹2,200.00 Cr. The final issue price of Godavari Biorefineries IPO is ₹352.00 per share and of Niva Bupa Health Insurance IPO is ₹74.00 per share.

	Godavari Biorefineries IPO	Niva Bupa Health Insurance IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹334.00 per share	₹70.00 per share
Issue Price (Upper)	₹352.00 per share	₹74.00 per share
Issue Price (Final)	₹352.00 per share	₹74.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	42 shares	200 shares
Fresh Issue Size	92,32,955 shares	10,81,08,108 shares
Fresh Issue Size (Amount)	up to ₹325.00 Cr	up to ₹800.00 Cr
OFS Issue Size	65,26,983 shares	18,91,89,189 shares
OFS Issue Size (Amount)	up to ₹229.75 Cr	up to ₹1,400.00 Cr
Issue Size Total	1,57,59,938 shares	29,72,97,297 shares
Issue Size Total (Amount)	up to ₹554.75 Cr	up to ₹2,200.00 Cr

IPO Timetable

Godavari Biorefineries IPO opens on Oct 23, 2024, while Niva Bupa Health Insurance IPO opens on Nov 07, 2024. The closing date of Godavari Biorefineries IPO and Niva Bupa Health Insurance IPO is Oct 25, 2024, and Nov 11, 2024, respectively.

	Godavari Biorefineries IPO	Niva Bupa Health Insurance IPO
Anchor Bid Date	Oct 22, 2024	Nov 06, 2024
Issue Open	Oct 23, 2024	Nov 07, 2024
Issue Close	Oct 25, 2024	Nov 11, 2024
Basis Of Allotment (Tentative)	Oct 28, 2024	Nov 12, 2024
Initiation of Refunds (Tentative)	Oct 29, 2024	Nov 13, 2024
Credit of Share (Tentative)	Oct 29, 2024	Nov 13, 2024
Listing date (Tentative)	Oct 30, 2024	Nov 14, 2024
Anchor Lockin End date 1	Nov 26, 2024	Dec 12, 2024
Anchor Lockin End date 2	Jan 25, 2025	Feb 10, 2025

Financials

Godavari Biorefineries IPO P/E ratio is 120.04, as compared to Niva Bupa Health Insurance IPO P/E ratio of 153.7.

Godavari Biorefineries IPO

Niva Bupa Health Insurance 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

Niva Bupa Health Insurance Company Limited Financial Information (Restated)

Niva Bupa Health Insurance Company Limited's revenue increased by 44.05% and profit after tax (PAT) rose by 552.73% 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	6,542.06	6,191.87	3,876.57	2,738.44
Revenue	1,124.90	4,118.63	2,859.24	1,884.54
Profit After Tax	-18.82	81.85	12.54	-196.53
Net Worth	2,031.77	2,049.59	831.12	507.65
Reserves and Surplus	1,282.44	1,282.02	334.26	125.40
Total Borrowing	250.00	250.00	250.00	250.00
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

81.06%

88.98%

Promoter Shareholding (Post-Issue)

63.31%

73.37%

P/E Ratio

120.04

153.7

Market Cap

₹1801.39 Cr.

₹13380.91 Cr.

ROE

-11.16%%

ROCE

-2.35%%

Debt/Equity

3.01

0.12

EPS

₹2.93

₹0.48

RoNW

-11.16%%

-0.92%

Shares Offered

In the Godavari Biorefineries IPO retail investors (RII) are offered 55,15,978 shares while in Niva Bupa Health Insurance IPO retail investors are offered 55,15,978 shares. Qualified institutional buyers (QIB) are offered 31,51,989 shares in Godavari Biorefineries IPO and 8,91,89,190 shares in Niva Bupa Health Insurance IPO.

	Godavari Biorefineries IPO	Niva Bupa Health Insurance IPO
Anchor Investor Reserveration	47,27,980 shares	13,37,83,783 shares
Market Maker Reserveration
QIB	31,51,989 shares	8,91,89,190 shares
NII	23,63,991 shares	4,45,94,595 shares
RII	55,15,978 shares	2,97,29,730 shares
Employee	0 shares	0 shares
Others
Total	1,10,31,958 shares	16,35,13,515 shares

Bids Received (Subscription)

Godavari Biorefineries IPO subscribed 1.87x in total, whereas Niva Bupa Health Insurance IPO subscribed 1.90x.

	Godavari Biorefineries IPO	Niva Bupa Health Insurance IPO
QIB (times)	2.76x	2.17x
NII (times)	0.93x	0.71x
Big NII (times)	0.56x	0.70x
Small NII (times)	1.68x	0.74x
RII (times)	1.76x	2.88x
Employee (times)
Other (times)
Total (times)	1.87x	1.90x

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