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.

	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
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
Anchor Investor	Anchor Investor
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 ₹3,000.00 Cr. The final issue price of Godavari Biorefineries IPO is ₹352.00 per share and of Niva Bupa Health Insurance IPO is .

	Godavari Biorefineries IPO	Niva Bupa Health Insurance IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹334.00 per share
Issue Price (Upper)	₹352.00 per share
Issue Price (Final)	₹352.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	42 shares
Fresh Issue Size	92,32,955 shares
Fresh Issue Size (Amount)	up to ₹325.00 Cr	up to ₹800.00 Cr
OFS Issue Size	65,26,983 shares
OFS Issue Size (Amount)	up to ₹229.75 Cr	up to ₹2,200.00 Cr
Issue Size Total	1,57,59,938 shares
Issue Size Total (Amount)	up to ₹554.75 Cr	up to ₹3,000.00 Cr

IPO Timetable

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

	Godavari Biorefineries IPO	Niva Bupa Health Insurance IPO
Anchor Bid Date	Oct 22, 2024
Issue Open	Oct 23, 2024
Issue Close	Oct 25, 2024
Basis Of Allotment (Tentative)	Oct 28, 2024
Initiation of Refunds (Tentative)	Oct 29, 2024
Credit of Share (Tentative)	Oct 29, 2024
Listing date (Tentative)	Oct 30, 2024
Anchor Lockin End date 1	Nov 27, 2024
Anchor Lockin End date 2	Jan 26, 2025

Financials

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

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% and profit after tax (PAT) rose by 553% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	3,232.62	2,091.89	1,782.01
Revenue	4,118.63	2,859.24	1,884.54
Profit After Tax	81.85	12.54	-196.53
Net Worth	2,049.59	831.12	507.65
Reserves and Surplus	1,282.02	334.26	125.4
Total Borrowing	250	250	250
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

81.06%

62.27%

Promoter Shareholding (Post-Issue)

63.31%

P/E Ratio

120.04

Market Cap

₹1801.39 Cr.

ROE

-11.16%%

ROCE

-2.35%%

Debt/Equity

3.01

EPS

₹2.93

RoNW

-11.16%%

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 in Niva Bupa Health Insurance IPO.

	Godavari Biorefineries IPO	Niva Bupa Health Insurance IPO
Anchor Investor Reserveration	47,27,980 shares
Market Maker Reserveration
QIB	31,51,989 shares
NII	23,63,991 shares
RII	55,15,978 shares
Employee	0 shares
Others
Total	1,10,31,958 shares

Bids Received (Subscription)

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

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

Compare with others

Godavari Biorefineries IPO	Niva Bupa Health Insurance IPO
Niva Bupa Health Insurance IPO	Sagility India IPO
Sagility India IPO	ACME Solar Holdings IPO
ACME Solar Holdings IPO	Swiggy IPO
Swiggy IPO	Godavari Biorefineries IPO
Deepak Builders & Engineers IPO	Deepak Builders & Engineers IPO
Waaree Energies IPO
Garuda Construction and Engineering IPO
Afcons Infrastructure IPO
Hyundai Motor IPO

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