Niva Bupa Health Insurance IPO vs Swiggy IPO

Comparision between Niva Bupa Health Insurance IPO and Swiggy IPO.

IPO Details

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

	Niva Bupa Health Insurance IPO	Swiggy 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 Kotak Mahindra Capital Company Limited Axis Capital Limited Hdfc Bank Limited Motilal Oswal Investment Advisors Limited	Kotak Mahindra Capital Company Limited Citigroup Global Markets India Private Limited Jefferies India Private Limited Avendus Capital Pvt Ltd J.P. Morgan India Private Limited Bofa Securities India Limited ICICI Securities Limited
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
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 Niva Bupa Health Insurance IPO is up to ₹2,200.00 Cr whereas the issue size of the Swiggy IPO is up to ₹11,327.43 Cr. The final issue price of Niva Bupa Health Insurance IPO is ₹74.00 per share and of Swiggy IPO is ₹390.00 per share.

	Niva Bupa Health Insurance IPO	Swiggy IPO
Face Value	₹10 per share	₹1 per share
Issue Price (Lower)	₹70.00 per share	₹371.00 per share
Issue Price (Upper)	₹74.00 per share	₹390.00 per share
Issue Price (Final)	₹74.00 per share	₹390.00 per share
Discount (Retail)
Discount (Employee)		₹25.00 per share
Market Lot Size	200 shares	38 shares
Fresh Issue Size	10,81,08,108 shares	11,53,58,974 shares
Fresh Issue Size (Amount)	up to ₹800.00 Cr	up to ₹4,499.00 Cr
OFS Issue Size	18,91,89,189 shares	17,50,87,863 shares
OFS Issue Size (Amount)	up to ₹1,400.00 Cr	up to ₹6,828.43 Cr
Issue Size Total	29,72,97,297 shares	29,04,46,837 shares
Issue Size Total (Amount)	up to ₹2,200.00 Cr	up to ₹11,327.43 Cr

IPO Timetable

Niva Bupa Health Insurance IPO opens on Nov 07, 2024, while Swiggy IPO opens on Nov 06, 2024. The closing date of Niva Bupa Health Insurance IPO and Swiggy IPO is Nov 11, 2024, and Nov 08, 2024, respectively.

	Niva Bupa Health Insurance IPO	Swiggy IPO
Anchor Bid Date	Nov 06, 2024	Nov 05, 2024
Issue Open	Nov 07, 2024	Nov 06, 2024
Issue Close	Nov 11, 2024	Nov 08, 2024
Basis Of Allotment (Tentative)	Nov 12, 2024	Nov 11, 2024
Initiation of Refunds (Tentative)	Nov 13, 2024	Nov 12, 2024
Credit of Share (Tentative)	Nov 13, 2024	Nov 12, 2024
Listing date (Tentative)	Nov 14, 2024	Nov 13, 2024
Anchor Lockin End date 1	Dec 12, 2024	Dec 10, 2024
Anchor Lockin End date 2	Feb 10, 2025	Feb 08, 2025

Financials

Niva Bupa Health Insurance IPO P/E ratio is 153.7, as compared to Swiggy IPO P/E ratio of -35.23.

Niva Bupa Health Insurance IPO

Swiggy IPO

Financial

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

Swiggy Limited Financial Information (Restated Consolidated)

Swiggy Limited's revenue increased by 34% and profit after tax (PAT) rose by 44% 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	10,341.24	10,529.42	11,280.65	14,405.74
Revenue	3,310.11	11,634.35	8,714.45	6,119.78
Profit After Tax	-611.01	-2,350.24	-4,179.31	-3,628.9
Net Worth	7,444.99	7,791.46	9,056.61	12,266.91
Reserves and Surplus	-7,750.85	-7,880.85	-6,510.34	-3,311.1
Total Borrowing	256.61	211.19
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

88.98%

63.56%

Promoter Shareholding (Post-Issue)

73.37%

52.97%

P/E Ratio

153.7

-35.23

Market Cap

₹13380.91 Cr.

₹87298.60 Cr.

ROE

ROCE

Debt/Equity

0.12

EPS

₹0.48

₹-11.07

RoNW

-0.92%

-8.21%%

Shares Offered

In the Niva Bupa Health Insurance IPO retail investors (RII) are offered 2,97,29,730 shares while in Swiggy IPO retail investors are offered 2,97,29,730 shares. Qualified institutional buyers (QIB) are offered 8,91,89,190 shares in Niva Bupa Health Insurance IPO and 8,69,23,475 shares in Swiggy IPO.

	Niva Bupa Health Insurance IPO	Swiggy IPO
Anchor Investor Reserveration	13,37,83,783 shares	13,03,85,211 shares
Market Maker Reserveration
QIB	8,91,89,190 shares	8,69,23,475 shares
NII	4,45,94,595 shares	4,34,61,737 shares
RII	2,97,29,730 shares	2,89,74,491 shares
Employee	0 shares	7,50,000 shares
Others
Total	16,35,13,515 shares	16,01,09,703 shares

Bids Received (Subscription)

Niva Bupa Health Insurance IPO subscribed 1.90x in total, whereas Swiggy IPO subscribed 3.59x.

	Niva Bupa Health Insurance IPO	Swiggy IPO
QIB (times)	2.17x	6.02x
NII (times)	0.71x	0.41x
Big NII (times)	0.70x	0.37x
Small NII (times)	0.74x	0.50x
RII (times)	2.88x	1.14x
Employee (times)		1.65x
Other (times)
Total (times)	1.90x	3.59x

Compare with others

Niva Bupa Health Insurance IPO	Swiggy IPO
Enviro Infra Engineers IPO	Avanse Financial Services IPO
BlackBuck IPO	NTPC Green Energy IPO
Avanse Financial Services IPO	Niva Bupa Health Insurance IPO
NTPC Green Energy IPO	Sagility India IPO
Sagility India IPO	ACME Solar Holdings IPO
ACME Solar Holdings IPO	Godavari Biorefineries IPO
Swiggy IPO	Deepak Builders & Engineers IPO
Godavari Biorefineries IPO	Waaree Energies IPO
Deepak Builders & Engineers IPO	Garuda Construction and Engineering IPO
	Afcons Infrastructure IPO

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