GPT Healthcare IPO vs Vibhor Steel Tubes IPO

Comparision between GPT Healthcare IPO and Vibhor Steel Tubes IPO.

IPO Details

GPT Healthcare IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Vibhor Steel Tubes IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	GPT Healthcare IPO	Vibhor Steel Tubes 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	Jm Financial Limited	Khambatta Securities 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 GPT Healthcare IPO is up to ₹525.14 Cr whereas the issue size of the Vibhor Steel Tubes IPO is up to ₹72.17 Cr. The final issue price of GPT Healthcare IPO is ₹186.00 per share and of Vibhor Steel Tubes IPO is ₹151.00 per share.

	GPT Healthcare IPO	Vibhor Steel Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹177.00 per share	₹141.00 per share
Issue Price (Upper)	₹186.00 per share	₹151.00 per share
Issue Price (Final)	₹186.00 per share	₹151.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	80 shares	99 shares
Fresh Issue Size	21,50,537 shares	47,79,444 shares
Fresh Issue Size (Amount)	up to ₹40.00 Cr	up to ₹72.17 Cr
OFS Issue Size	2,60,82,786 shares
OFS Issue Size (Amount)	up to ₹485.14 Cr
Issue Size Total	2,82,33,323 shares	47,79,444 shares
Issue Size Total (Amount)	up to ₹525.14 Cr	up to ₹72.17 Cr

IPO Timetable

GPT Healthcare IPO opens on Feb 22, 2024, while Vibhor Steel Tubes IPO opens on Feb 13, 2024. The closing date of GPT Healthcare IPO and Vibhor Steel Tubes IPO is Feb 26, 2024, and Feb 15, 2024, respectively.

	GPT Healthcare IPO	Vibhor Steel Tubes IPO
Anchor Bid Date	Feb 21, 2024	Feb 12, 2024
Issue Open	Feb 22, 2024	Feb 13, 2024
Issue Close	Feb 26, 2024	Feb 15, 2024
Basis Of Allotment (Tentative)	Feb 27, 2024	Feb 16, 2024
Initiation of Refunds (Tentative)	Feb 28, 2024	Feb 19, 2024
Credit of Share (Tentative)	Feb 28, 2024	Feb 19, 2024
Listing date (Tentative)	Feb 29, 2024	Feb 20, 2024
Anchor Lockin End date 1	Mar 28, 2024	Mar 17, 2024
Anchor Lockin End date 2	May 27, 2024	May 16, 2024

Financials

GPT Healthcare IPO P/E ratio is 38.1, as compared to Vibhor Steel Tubes IPO P/E ratio of 10.17.

GPT Healthcare IPO

Vibhor Steel Tubes IPO

Financial

GPT Healthcare Limited Financial Information (Restated Consolidated)

GPT Healthcare Limited's revenue increased by 7.11% and profit after tax (PAT) dropped by -6.37% 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	332.09	326.76	323.22	317.21
Revenue	206.70	366.73	342.40	248.86
Profit After Tax	23.49	39.01	41.66	21.09
Net Worth	171.43	164.14	156.96	132.68
Reserves and Surplus	92.75	85.46	78.28	75.96
Total Borrowing	55.57	64.67	95.52	122.93
Amount in ₹ Crore

Vibhor Steel Tubes Limited Financial Information (Restated Consolidated)

Vibhor Steel Tubes Limited's revenue increased by 36.15% and profit after tax (PAT) rose by 85.91% 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	376.48	293.63	248.54	172.93
Revenue	531.24	1,114.38	818.48	511.51
Profit After Tax	8.52	21.07	11.33	0.69
Net Worth	101.76	93.20	71.97	60.49
Total Borrowing	160.27	126.83	106.07	58.74
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

67.34%

98.24%

Promoter Shareholding (Post-Issue)

P/E Ratio

38.1

10.17

Market Cap

₹1526.22 Cr.

₹286.33 Cr.

ROE

23.59%%

25.51%%

ROCE

26.09%%

16.48%%

Debt/Equity

0.39

1.63

EPS

₹4.88

₹14.85

RoNW

23.77%%

22.60%%

Shares Offered

In the GPT Healthcare IPO retail investors (RII) are offered 98,81,663 shares while in Vibhor Steel Tubes IPO retail investors are offered 98,81,663 shares. Qualified institutional buyers (QIB) are offered 56,46,665 shares in GPT Healthcare IPO and 9,50,064 shares in Vibhor Steel Tubes IPO.

	GPT Healthcare IPO	Vibhor Steel Tubes IPO
Anchor Investor Reserveration	84,69,996 shares	14,24,907 shares
Market Maker Reserveration
QIB	56,46,665 shares	9,50,064 shares
NII	42,34,999 shares	7,12,491 shares
RII	98,81,663 shares	16,62,479 shares
Employee	0 shares	29,502 shares
Others
Total	1,97,63,327 shares	33,54,537 shares

Bids Received (Subscription)

GPT Healthcare IPO subscribed 8.52x in total, whereas Vibhor Steel Tubes IPO subscribed 320.05x.

	GPT Healthcare IPO	Vibhor Steel Tubes IPO
QIB (times)	17.30x	191.41x
NII (times)	11.02x	772.49x
Big NII (times)	11.98x	754.37x
Small NII (times)	9.09x	808.72x
RII (times)	2.44x	201.52x
Employee (times)		215.79x
Other (times)
Total (times)	8.52x	320.05x

Compare with others

GPT Healthcare IPO	Vibhor Steel Tubes IPO
Popular Vehicles & Services IPO	Krystal Integrated Services IPO
Gopal Namkeen IPO	JG Chemicals IPO
Krystal Integrated Services IPO	Bharat Highways InvIT
JG Chemicals IPO	GPT Healthcare IPO
Bharat Highways InvIT	Juniper Hotels IPO
Juniper Hotels IPO	Entero Healthcare Solutions IPO
Vibhor Steel Tubes IPO	Exicom Tele-Systems IPO
Entero Healthcare Solutions IPO	Capital SFB IPO
Exicom Tele-Systems IPO	Jana SFB IPO
Capital SFB IPO	Platinum Industries IPO

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