BlackBuck IPO vs Niva Bupa Health Insurance IPO

Comparision between BlackBuck IPO and Niva Bupa Health Insurance IPO.

IPO Details

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

	BlackBuck IPO	Niva Bupa Health Insurance 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 Morgan Stanley India Company Pvt Ltd Kotak Mahindra Capital Company Limited Axis Capital Limited Hdfc Bank Limited Motilal Oswal Investment Advisors Limited
Registrar	Kfin Technologies Limited	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 BlackBuck IPO is up to ₹1,114.72 Cr whereas the issue size of the Niva Bupa Health Insurance IPO is up to ₹2,200.00 Cr. The final issue price of BlackBuck IPO is ₹273.00 per share and of Niva Bupa Health Insurance IPO is ₹74.00 per share.

	BlackBuck IPO	Niva Bupa Health Insurance IPO
Face Value	₹1 per share	₹10 per share
Issue Price (Lower)	₹259.00 per share	₹70.00 per share
Issue Price (Upper)	₹273.00 per share	₹74.00 per share
Issue Price (Final)	₹273.00 per share	₹74.00 per share
Discount (Retail)
Discount (Employee)	₹25.00 per share
Market Lot Size	54 shares	200 shares
Fresh Issue Size	2,01,46,520 shares	10,81,08,108 shares
Fresh Issue Size (Amount)	up to ₹550.00 Cr	up to ₹800.00 Cr
OFS Issue Size	2,06,85,800 shares	18,91,89,189 shares
OFS Issue Size (Amount)	up to ₹564.72 Cr	up to ₹1,400.00 Cr
Issue Size Total	4,08,32,320 shares	29,72,97,297 shares
Issue Size Total (Amount)	up to ₹1,114.72 Cr	up to ₹2,200.00 Cr

IPO Timetable

BlackBuck IPO opens on Nov 13, 2024, while Niva Bupa Health Insurance IPO opens on Nov 07, 2024. The closing date of BlackBuck IPO and Niva Bupa Health Insurance IPO is Nov 18, 2024, and Nov 11, 2024, respectively.

	BlackBuck IPO	Niva Bupa Health Insurance IPO
Anchor Bid Date	Nov 12, 2024	Nov 06, 2024
Issue Open	Nov 13, 2024	Nov 07, 2024
Issue Close	Nov 18, 2024	Nov 11, 2024
Basis Of Allotment (Tentative)	Nov 19, 2024	Nov 12, 2024
Initiation of Refunds (Tentative)	Nov 20, 2024	Nov 13, 2024
Credit of Share (Tentative)	Nov 20, 2024	Nov 13, 2024
Listing date (Tentative)	Nov 22, 2024	Nov 14, 2024
Anchor Lockin End date 1	Dec 19, 2024	Dec 12, 2024
Anchor Lockin End date 2	Feb 17, 2025	Feb 10, 2025

Financials

BlackBuck IPO P/E ratio is -22, as compared to Niva Bupa Health Insurance IPO P/E ratio of 153.7.

BlackBuck IPO

Niva Bupa Health Insurance 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

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

Promoter Shareholding (Pre-Issue)

32.91%

88.98%

Promoter Shareholding (Post-Issue)

27.84%

73.37%

P/E Ratio

-22

153.7

Market Cap

₹4817.81 Cr.

₹13380.91 Cr.

ROE

9.39%%

ROCE

1.50%%

Debt/Equity

0.47

0.12

EPS

₹-12.41

₹0.48

RoNW

9.39%%

-0.92%

Shares Offered

In the BlackBuck IPO retail investors (RII) are offered 40,80,870 shares while in Niva Bupa Health Insurance IPO retail investors are offered 40,80,870 shares. Qualified institutional buyers (QIB) are offered 1,22,42,611 shares in BlackBuck IPO and 8,91,89,190 shares in Niva Bupa Health Insurance IPO.

	BlackBuck IPO	Niva Bupa Health Insurance IPO
Anchor Investor Reserveration	1,83,63,915 shares	13,37,83,783 shares
Market Maker Reserveration
QIB	1,22,42,611 shares	8,91,89,190 shares
NII	61,21,305 shares	4,45,94,595 shares
RII	40,80,870 shares	2,97,29,730 shares
Employee	26,000 shares	0 shares
Others
Total	2,24,70,786 shares	16,35,13,515 shares

Bids Received (Subscription)

BlackBuck IPO subscribed 1.87x in total, whereas Niva Bupa Health Insurance IPO subscribed 1.90x.

	BlackBuck IPO	Niva Bupa Health Insurance IPO
QIB (times)	2.72x	2.17x
NII (times)	0.24x	0.71x
Big NII (times)	0.18x	0.70x
Small NII (times)	0.37x	0.74x
RII (times)	1.70x	2.88x
Employee (times)	9.86x
Other (times)
Total (times)	1.87x	1.90x

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BlackBuck IPO	Niva Bupa Health Insurance IPO
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Niva Bupa Health Insurance IPO	NTPC Green Energy IPO
Sagility India IPO	Sagility India IPO
ACME Solar Holdings IPO	ACME Solar Holdings IPO
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