Go Digit IPO vs VI FPO

Comparision between Go Digit IPO and VI FPO.

IPO Details

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

	Go Digit IPO	VI FPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	FPO
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 Jefferies India Private Limited SBI Capital Markets Limited
Registrar	Link Intime India Private Ltd	Link Intime India Private Ltd
Market Maker
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 VI FPO is up to ₹18,000.00 Cr. The final issue price of Go Digit IPO is ₹272.00 per share and of VI FPO is ₹11.00 per share.

	Go Digit IPO	VI FPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹258.00 per share	₹10.00 per share
Issue Price (Upper)	₹272.00 per share	₹11.00 per share
Issue Price (Final)	₹272.00 per share	₹11.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	55 shares	1298 shares
Fresh Issue Size	4,13,60,294 shares	16,36,36,36,363 shares
Fresh Issue Size (Amount)	up to ₹1,125.00 Cr	up to ₹18,000.00 Cr
OFS Issue Size	5,47,66,392 shares
OFS Issue Size (Amount)	up to ₹1,489.65 Cr
Issue Size Total	9,61,26,686 shares	16,36,36,36,363 shares
Issue Size Total (Amount)	up to ₹2,614.65 Cr	up to ₹18,000.00 Cr

IPO Timetable

Go Digit IPO opens on May 15, 2024, while VI FPO opens on Apr 18, 2024. The closing date of Go Digit IPO and VI FPO is May 17, 2024, and Apr 22, 2024, respectively.

	Go Digit IPO	VI FPO
Anchor Bid Date	May 14, 2024	Apr 16, 2024
Issue Open	May 15, 2024	Apr 18, 2024
Issue Close	May 17, 2024	Apr 22, 2024
Basis Of Allotment (Tentative)	May 21, 2024	Apr 23, 2024
Initiation of Refunds (Tentative)	May 22, 2024	Apr 24, 2024
Credit of Share (Tentative)	May 22, 2024	Apr 24, 2024
Listing date (Tentative)	May 23, 2024	Apr 25, 2024
Anchor Lockin End date 1	Jun 20, 2024	May 23, 2024
Anchor Lockin End date 2	Aug 19, 2024	Jul 22, 2024

Financials

Go Digit IPO P/E ratio is 670.31, as compared to VI FPO P/E ratio of -1.88.

Go Digit IPO

VI FPO

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

Vodafone Idea Limited Financial Information (Restated Consolidated)

Vodafone Idea Limited's revenue increased by 9.95% and profit after tax (PAT) dropped by -3.74% 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	190,801.80	207,242.70	194,029.10	203,480.60
Revenue	32,125.60	42,488.50	38,644.90	42,126.40
Profit After Tax	-23,563.80	-29,301.10	-28,245.40	-44,233.10
Net Worth	-97,931.90	-74,359.10	-61,964.80	-38,228.00
Reserves and Surplus	-146,611.60	-123,038.80	-94,083.60
Total Borrowing	203,425.70	201,586.00	190,917.70	180,310.30
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

83.31%

48.75%

Promoter Shareholding (Post-Issue)

36.87%

P/E Ratio

670.31

-1.88

Market Cap

₹24947.90 Cr.

₹73131.80 Cr.

ROE

ROCE

Debt/Equity

EPS

₹0.41

₹-5.85

RoNW

5.25%%

Shares Offered

In the Go Digit IPO retail investors (RII) are offered 96,12,668 shares while in VI FPO retail investors are offered 96,12,668 shares. Qualified institutional buyers (QIB) are offered 2,88,38,007 shares in Go Digit IPO and 3,27,27,27,273 shares in VI FPO.

	Go Digit IPO	VI FPO
Anchor Investor Reserveration	4,32,57,009 shares	4,90,90,90,908 shares
Market Maker Reserveration
QIB	2,88,38,007 shares	3,27,27,27,273 shares
NII	1,44,19,002 shares	2,45,45,45,454 shares
RII	96,12,668 shares	5,72,72,72,727 shares
Employee	0 shares	0 shares
Others
Total	5,28,69,677 shares	11,45,45,45,454 shares

Bids Received (Subscription)

Go Digit IPO subscribed 9.60x in total, whereas VI FPO subscribed 6.99x.

	Go Digit IPO	VI FPO
QIB (times)	12.56x	19.31x
NII (times)	7.24x	4.54x
Big NII (times)	8.28x	6.04x
Small NII (times)	5.15x	1.55x
RII (times)	4.27x	1.01x
Employee (times)
Other (times)
Total (times)	9.60x	6.99x

Compare with others

Go Digit IPO	VI FPO
Stanley Lifestyles IPO	Go Digit IPO
DEE Piping Systems IPO	Aadhar Housing Finance IPO
ixigo IPO	TBO Tek IPO
Kronox Lab Sciences IPO	Indegene IPO
Awfis Space Solutions IPO	JNK India IPO
Aadhar Housing Finance IPO	Bharti Hexacom IPO
TBO Tek IPO	SRM Contractors IPO
Indegene IPO	Popular Vehicles & Services IPO
JNK India IPO	Gopal Namkeen IPO
VI FPO	Krystal Integrated Services IPO

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