Go Digit IPO vs Stanley Lifestyles IPO

Comparision between Go Digit IPO and Stanley Lifestyles IPO.

IPO Details

Go Digit IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Stanley Lifestyles IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Go Digit IPO	Stanley Lifestyles 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	Axis Capital Limited ICICI Securities Limited Jm Financial Limited SBI Capital Markets 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 Go Digit IPO is up to ₹2,614.65 Cr whereas the issue size of the Stanley Lifestyles IPO is up to ₹537.02 Cr. The final issue price of Go Digit IPO is ₹272.00 per share and of Stanley Lifestyles IPO is ₹369.00 per share.

	Go Digit IPO	Stanley Lifestyles IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹258.00 per share	₹351.00 per share
Issue Price (Upper)	₹272.00 per share	₹369.00 per share
Issue Price (Final)	₹272.00 per share	₹369.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	55 shares	40 shares
Fresh Issue Size	4,13,60,294 shares	54,20,054 shares
Fresh Issue Size (Amount)	up to ₹1,125.00 Cr	up to ₹200.00 Cr
OFS Issue Size	5,47,66,392 shares	91,33,454 shares
OFS Issue Size (Amount)	up to ₹1,489.65 Cr	up to ₹337.02 Cr
Issue Size Total	9,61,26,686 shares	1,45,53,508 shares
Issue Size Total (Amount)	up to ₹2,614.65 Cr	up to ₹537.02 Cr

IPO Timetable

Go Digit IPO opens on May 15, 2024, while Stanley Lifestyles IPO opens on Jun 21, 2024. The closing date of Go Digit IPO and Stanley Lifestyles IPO is May 17, 2024, and Jun 25, 2024, respectively.

	Go Digit IPO	Stanley Lifestyles IPO
Anchor Bid Date	May 14, 2024	Jun 20, 2024
Issue Open	May 15, 2024	Jun 21, 2024
Issue Close	May 17, 2024	Jun 25, 2024
Basis Of Allotment (Tentative)	May 21, 2024	Jun 26, 2024
Initiation of Refunds (Tentative)	May 22, 2024	Jun 27, 2024
Credit of Share (Tentative)	May 22, 2024	Jun 27, 2024
Listing date (Tentative)	May 23, 2024	Jun 28, 2024
Anchor Lockin End date 1	Jun 20, 2024	Jul 26, 2024
Anchor Lockin End date 2	Aug 19, 2024	Sep 24, 2024

Financials

Go Digit IPO P/E ratio is 670.31, as compared to Stanley Lifestyles IPO P/E ratio of 54.43.

Go Digit IPO

Stanley Lifestyles 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

Stanley Lifestyles Limited Financial Information (Restated Consolidated)

Stanley Lifestyles Limited's revenue increased by 42.94% and profit after tax (PAT) rose by 50.64% 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	581.54	458.19	422.15	346.52
Revenue	322.29	425.62	297.76	201.71
Profit After Tax	18.70	34.98	23.22	1.92
Net Worth	237.21	216.50	199.76	182.93
Reserves and Surplus	225.83	207.88	191.31	174.96
Total Borrowing	30.90	9.37	6.09	0.25
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

83.31%

67.36%

Promoter Shareholding (Post-Issue)

56.81%

P/E Ratio

670.31

54.43

Market Cap

₹24947.90 Cr.

₹2103.94 Cr.

ROE

7.92%%

ROCE

8.63%%

Debt/Equity

0.86

EPS

₹0.41

₹6.78

RoNW

5.25%%

8.34%%

Shares Offered

In the Go Digit IPO retail investors (RII) are offered 96,12,668 shares while in Stanley Lifestyles 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 29,10,702 shares in Stanley Lifestyles IPO.

	Go Digit IPO	Stanley Lifestyles IPO
Anchor Investor Reserveration	4,32,57,009 shares	43,66,051 shares
Market Maker Reserveration
QIB	2,88,38,007 shares	29,10,702 shares
NII	1,44,19,002 shares	21,83,026 shares
RII	96,12,668 shares	50,93,728 shares
Employee	0 shares	0 shares
Others
Total	5,28,69,677 shares	1,01,87,456 shares

Bids Received (Subscription)

Go Digit IPO subscribed 9.60x in total, whereas Stanley Lifestyles IPO subscribed 97.16x.

	Go Digit IPO	Stanley Lifestyles IPO
QIB (times)	12.56x	215.62x
NII (times)	7.24x	121.42x
Big NII (times)	8.28x	136.75x
Small NII (times)	5.15x	90.76x
RII (times)	4.27x	19.08x
Employee (times)
Other (times)
Total (times)	9.60x	97.16x

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