NTPC Green Energy IPO vs Suraksha Diagnostic IPO

Comparision between NTPC Green Energy IPO and Suraksha Diagnostic IPO.

IPO Details

NTPC Green Energy IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Suraksha Diagnostic IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	NTPC Green Energy IPO	Suraksha Diagnostic 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	Idbi Capital Market Services Limited Hdfc Bank Limited Iifl Securities Ltd Nuvama Wealth Management Limited	ICICI Securities Limited Nuvama Wealth Management Limited SBI Capital Markets Limited
Registrar	Kfin Technologies Limited	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of NTPC Green Energy IPO is up to ₹10,000.00 Cr whereas the issue size of the Suraksha Diagnostic IPO is up to ₹846.25 Cr. The final issue price of NTPC Green Energy IPO is ₹108.00 per share and of Suraksha Diagnostic IPO is .

	NTPC Green Energy IPO	Suraksha Diagnostic IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹102.00 per share	₹420.00 per share
Issue Price (Upper)	₹108.00 per share	₹441.00 per share
Issue Price (Final)	₹108.00 per share
Discount (Retail)
Discount (Employee)	₹5.00 per share
Market Lot Size	138 shares	34 shares
Fresh Issue Size	92,59,25,926 shares
Fresh Issue Size (Amount)	up to ₹10,000.00 Cr
OFS Issue Size		1,91,89,330 shares
OFS Issue Size (Amount)		up to ₹846.25 Cr
Issue Size Total	92,59,25,926 shares	1,91,89,330 shares
Issue Size Total (Amount)	up to ₹10,000.00 Cr	up to ₹846.25 Cr

IPO Timetable

NTPC Green Energy IPO opens on Nov 19, 2024, while Suraksha Diagnostic IPO opens on Nov 29, 2024. The closing date of NTPC Green Energy IPO and Suraksha Diagnostic IPO is Nov 22, 2024, and Dec 03, 2024, respectively.

	NTPC Green Energy IPO	Suraksha Diagnostic IPO
Anchor Bid Date	Nov 18, 2024	Nov 28, 2024
Issue Open	Nov 19, 2024	Nov 29, 2024
Issue Close	Nov 22, 2024	Dec 03, 2024
Basis Of Allotment (Tentative)	Nov 25, 2024	Dec 04, 2024
Initiation of Refunds (Tentative)	Nov 26, 2024	Dec 05, 2024
Credit of Share (Tentative)	Nov 26, 2024	Dec 05, 2024
Listing date (Tentative)	Nov 27, 2024	Dec 06, 2024
Anchor Lockin End date 1	Dec 25, 2024	Jan 03, 2025
Anchor Lockin End date 2	Feb 23, 2025	Mar 04, 2025

Financials

NTPC Green Energy IPO P/E ratio is 234.97, as compared to Suraksha Diagnostic IPO P/E ratio of 99.31.

NTPC Green Energy IPO

Suraksha Diagnostic IPO

Financial

NTPC Green Energy Limited Financial Information (Restated Consolidated)

NTPC Green Energy Limited's revenue increased by 1094.19% and profit after tax (PAT) rose by 101.32% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023
Assets	32,408.30	27,206.42	18,431.40
Revenue	1,132.74	2,037.66	170.63
Profit After Tax	175.30	344.72	171.23
Net Worth	8,189.18	6,232.14
Reserves and Surplus	596.08	512.60	167.88
Total Borrowing	17,057.50	12,796.74
Amount in ₹ Crore

Suraksha Diagnostic Limited Financial Information (Restated Consolidated)

Suraksha Diagnostic Limited's revenue increased by 14.75% and profit after tax (PAT) rose by 281.32% 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	314.20	300.21	281.20	275.96
Revenue	61.85	222.26	193.69	225.77
Profit After Tax	7.67	23.13	6.07	20.82
Net Worth	187.05	179.41	155.93	145.84
Reserves and Surplus	176.80	170.88	147.40	137.31
Total Borrowing	7.57	8.64	14.01	19.03
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

100.00%

61.07%

Promoter Shareholding (Post-Issue)

89.01%

P/E Ratio

234.97

99.31

Market Cap

₹91000.00 Cr.

ROE

7.39%%

14.09%%

ROCE

21.46%%

Debt/Equity

1.91

0.2

EPS

₹0.46

₹4.44

RoNW

2.14%%

14.09%%

Shares Offered

In the NTPC Green Energy IPO retail investors (RII) are offered 8,14,81,481 shares while in Suraksha Diagnostic IPO retail investors are offered 8,14,81,481 shares. Qualified institutional buyers (QIB) are offered 24,44,44,445 shares in NTPC Green Energy IPO and in Suraksha Diagnostic IPO.

	NTPC Green Energy IPO	Suraksha Diagnostic IPO
Anchor Investor Reserveration	36,66,66,666 shares
Market Maker Reserveration
QIB	24,44,44,445 shares
NII	12,22,22,222 shares
RII	8,14,81,481 shares
Employee	1,94,17,476 shares
Others
Total	56,01,58,217 shares

Bids Received (Subscription)

NTPC Green Energy IPO subscribed 2.55x in total, whereas Suraksha Diagnostic IPO subscribed .

	NTPC Green Energy IPO	Suraksha Diagnostic IPO
QIB (times)	3.51x
NII (times)	0.85x
Big NII (times)	0.60x
Small NII (times)	1.36x
RII (times)	3.59x
Employee (times)	0.83x
Other (times)	1.67x
Total (times)	2.55x

Compare with others

NTPC Green Energy IPO	Suraksha Diagnostic IPO
Suraksha Diagnostic IPO	Property Share REIT IPO
Property Share REIT IPO	Enviro Infra Engineers IPO
Enviro Infra Engineers IPO	BlackBuck IPO
BlackBuck IPO	Avanse Financial Services IPO
Avanse Financial Services IPO	NTPC Green Energy IPO
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Swiggy IPO
Godavari Biorefineries IPO

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