Bharat Highways InvIT vs Gopal Namkeen IPO

Comparision between Bharat Highways InvIT and Gopal Namkeen IPO.

IPO Details

Bharat Highways InvIT is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Gopal Namkeen IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Bharat Highways InvIT	Gopal Namkeen IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	InvIT	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	ICICI Securities Limited Axis Bank Limited Hdfc Bank Limited Iifl Securities Ltd	Intensive Fiscal Services Private Limited Axis Capital Limited Jm Financial Limited
Registrar	Kfin Technologies Limited	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 Bharat Highways InvIT is up to ₹2,500.00 Cr whereas the issue size of the Gopal Namkeen IPO is up to ₹650.00 Cr. The final issue price of Bharat Highways InvIT is ₹100.00 per share and of Gopal Namkeen IPO is ₹401.00 per share.

	Bharat Highways InvIT	Gopal Namkeen IPO
Face Value		₹1 per share
Issue Price (Lower)	₹98.00 per share	₹381.00 per share
Issue Price (Upper)	₹100.00 per share	₹401.00 per share
Issue Price (Final)	₹100.00 per share	₹401.00 per share
Discount (Retail)
Discount (Employee)		₹38.00 per share
Market Lot Size	150 shares	37 shares
Fresh Issue Size	25,00,00,000 shares
Fresh Issue Size (Amount)	up to ₹2,500.00 Cr
OFS Issue Size		1,62,18,612 shares
OFS Issue Size (Amount)		up to ₹650.00 Cr
Issue Size Total	25,00,00,000 shares	1,62,18,612 shares
Issue Size Total (Amount)	up to ₹2,500.00 Cr	up to ₹650.00 Cr

IPO Timetable

Bharat Highways InvIT opens on Feb 28, 2024, while Gopal Namkeen IPO opens on Mar 06, 2024. The closing date of Bharat Highways InvIT and Gopal Namkeen IPO is Mar 01, 2024, and Mar 11, 2024, respectively.

	Bharat Highways InvIT	Gopal Namkeen IPO
Anchor Bid Date	Feb 27, 2024	Mar 05, 2024
Issue Open	Feb 28, 2024	Mar 06, 2024
Issue Close	Mar 01, 2024	Mar 11, 2024
Basis Of Allotment (Tentative)	Mar 06, 2024	Mar 12, 2024
Initiation of Refunds (Tentative)	Mar 07, 2024	Mar 13, 2024
Credit of Share (Tentative)	Mar 07, 2024	Mar 13, 2024
Listing date (Tentative)	Mar 12, 2024	Mar 14, 2024
Anchor Lockin End date 1	Apr 05, 2024	Apr 11, 2024
Anchor Lockin End date 2	Jun 04, 2024	Jun 10, 2024

Financials

Bharat Highways InvIT P/E ratio is , as compared to Gopal Namkeen IPO P/E ratio of 44.47.

Bharat Highways InvIT

Gopal Namkeen IPO

Financial

Bharat Highways Infrastructure Investment Trust Financial Information (Restated)

Bharat Highways Infrastructure Investment Trust's revenue decreased by -3.92% and profit after tax (PAT) rose by 738.34% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	5,916.80	6,056.28	5,536.40	4,943.95
Revenue	388.54	1,537.47	1,600.18	2,170.39
Profit After Tax	101.35	527.05	62.87	149.45
Amount in ₹ Crore

Gopal Snacks Limited Financial Information (Restated)

Gopal Snacks Limited's revenue increased by 3.1% and profit after tax (PAT) rose by 170.52% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	434.54	461.28	399.72	341.89
Revenue	677.97	1,398.54	1,356.48	1,129.84
Profit After Tax	55.57	112.37	41.54	21.12
Net Worth	346.10	290.88	177.66	135.74
Reserves and Surplus	333.17	277.60	176.56	135.03
Total Borrowing	26.05	106.37	164.12	138.99
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

93.50%

Promoter Shareholding (Post-Issue)

81.49%

P/E Ratio

44.47

Market Cap

₹4996.64 Cr.

ROE

16.05%%

ROCE

20.83%%

Debt/Equity

0.08

EPS

₹9.02

RoNW

16.05%%

Shares Offered

In the Bharat Highways InvIT retail investors (RII) are offered 0 shares while in Gopal Namkeen IPO retail investors are offered 0 shares. Qualified institutional buyers (QIB) are offered 5,61,88,800 shares in Bharat Highways InvIT and 32,24,439 shares in Gopal Namkeen IPO.

	Bharat Highways InvIT	Gopal Namkeen IPO
Anchor Investor Reserveration	8,25,97,350 shares	48,36,657 shares
Market Maker Reserveration
QIB	5,61,88,800 shares	32,24,439 shares
NII	0 shares	24,18,329 shares
RII	0 shares	56,42,768 shares
Employee	0 shares	96,419 shares
Others
Total	10,30,12,800 shares	1,13,81,955 shares

Bids Received (Subscription)

Bharat Highways InvIT subscribed 6.74x in total, whereas Gopal Namkeen IPO subscribed 9.50x.

	Bharat Highways InvIT	Gopal Namkeen IPO
QIB (times)	6.59x	18.42x
NII (times)		10.00x
Big NII (times)		10.72x
Small NII (times)		8.12x
RII (times)		4.22x
Employee (times)		7.27x
Other (times)	6.93x
Total (times)	6.74x	9.50x

Compare with others

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GPT Healthcare IPO	Krystal Integrated Services IPO
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