BlackBuck IPO vs Suraksha Diagnostic IPO

Comparision between BlackBuck IPO and Suraksha Diagnostic IPO.

IPO Details

BlackBuck 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.

	BlackBuck 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	Axis Capital Limited Morgan Stanley India Company Pvt Ltd Jm Financial Limited Iifl Securities Ltd	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 BlackBuck IPO is up to ₹1,114.72 Cr whereas the issue size of the Suraksha Diagnostic IPO is up to ₹846.25 Cr. The final issue price of BlackBuck IPO is ₹273.00 per share and of Suraksha Diagnostic IPO is .

	BlackBuck IPO	Suraksha Diagnostic IPO
Face Value	₹1 per share	₹2 per share
Issue Price (Lower)	₹259.00 per share	₹420.00 per share
Issue Price (Upper)	₹273.00 per share	₹441.00 per share
Issue Price (Final)	₹273.00 per share
Discount (Retail)
Discount (Employee)	₹25.00 per share
Market Lot Size	54 shares	34 shares
Fresh Issue Size	2,01,46,520 shares
Fresh Issue Size (Amount)	up to ₹550.00 Cr
OFS Issue Size	2,06,85,800 shares	1,91,89,330 shares
OFS Issue Size (Amount)	up to ₹564.72 Cr	up to ₹846.25 Cr
Issue Size Total	4,08,32,320 shares	1,91,89,330 shares
Issue Size Total (Amount)	up to ₹1,114.72 Cr	up to ₹846.25 Cr

IPO Timetable

BlackBuck IPO opens on Nov 13, 2024, while Suraksha Diagnostic IPO opens on Nov 29, 2024. The closing date of BlackBuck IPO and Suraksha Diagnostic IPO is Nov 18, 2024, and Dec 03, 2024, respectively.

	BlackBuck IPO	Suraksha Diagnostic IPO
Anchor Bid Date	Nov 12, 2024	Nov 28, 2024
Issue Open	Nov 13, 2024	Nov 29, 2024
Issue Close	Nov 18, 2024	Dec 03, 2024
Basis Of Allotment (Tentative)	Nov 19, 2024	Dec 04, 2024
Initiation of Refunds (Tentative)	Nov 20, 2024	Dec 05, 2024
Credit of Share (Tentative)	Nov 20, 2024	Dec 05, 2024
Listing date (Tentative)	Nov 22, 2024	Dec 06, 2024
Anchor Lockin End date 1	Dec 19, 2024	Jan 03, 2025
Anchor Lockin End date 2	Feb 17, 2025	Mar 04, 2025

Financials

BlackBuck IPO P/E ratio is -22, as compared to Suraksha Diagnostic IPO P/E ratio of 99.31.

BlackBuck IPO

Suraksha Diagnostic IPO

Financial

Zinka Logistics Solution Limited Financial Information (Restated Consolidated)

Zinka Logistics Solution Limited's revenue increased by 62.24% and profit after tax (PAT) rose by 33.24% 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	629.41	654.32	654.25	899.68
Revenue	98.33	316.51	195.09	156.13
Profit After Tax	32.38	-193.95	-290.50	-284.56
Net Worth	344.98	311.29	352.66	585.08
Reserves and Surplus	339.07	311.03	66.55	377.58
Total Borrowing	161.01	173.74	165.84	199.00
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)

32.91%

61.07%

Promoter Shareholding (Post-Issue)

27.84%

P/E Ratio

-22

99.31

Market Cap

₹4817.81 Cr.

ROE

9.39%%

14.09%%

ROCE

1.50%%

21.46%%

Debt/Equity

0.47

0.2

EPS

₹-12.41

₹4.44

RoNW

9.39%%

14.09%%

Shares Offered

In the BlackBuck IPO retail investors (RII) are offered 40,80,870 shares while in Suraksha Diagnostic IPO retail investors are offered 40,80,870 shares. Qualified institutional buyers (QIB) are offered 1,22,42,611 shares in BlackBuck IPO and in Suraksha Diagnostic IPO.

	BlackBuck IPO	Suraksha Diagnostic IPO
Anchor Investor Reserveration	1,83,63,915 shares
Market Maker Reserveration
QIB	1,22,42,611 shares
NII	61,21,305 shares
RII	40,80,870 shares
Employee	26,000 shares
Others
Total	2,24,70,786 shares

Bids Received (Subscription)

BlackBuck IPO subscribed 1.87x in total, whereas Suraksha Diagnostic IPO subscribed .

	BlackBuck IPO	Suraksha Diagnostic IPO
QIB (times)	2.72x
NII (times)	0.24x
Big NII (times)	0.18x
Small NII (times)	0.37x
RII (times)	1.70x
Employee (times)	9.86x
Other (times)
Total (times)	1.87x

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