November 13, 2024 - November 18, 2024

BlackBuck IPO Review & Recommendations

Adroit Financial Services Private Limited, Anand Rathi, Arihant Capital Markets Ltd, Canara Bank Securities Ltd, Marwadi Shares and Finance Ltd and Master Capital Services Limited have given "Apply" recommendation to BlackBuck IPO. Dilip Davda has given "May Apply" recommendation to BlackBuck IPO. Swastika Investmart Ltd has "Neutral" view about the IPO. Capital Market recommend to "Avoid" the IPO.Axis Capital and JM Financial Institutional Securities have "Not Rated" the IPO.

BlackBuck IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	6	1	1	1	2
%	54.55	9.09	9.09	9.09	18.18

BlackBuck IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Adroit Financial Services Private Limited	Apply
Anand Rathi	Apply
Arihant Capital Markets Ltd	Apply
Axis Capital	Not Rated
Canara Bank Securities Ltd	Apply
Capital Market	Avoid
Dilip Davda	May Apply
JM Financial Institutional Securities	Not Rated
Marwadi Shares and Finance Ltd	Apply
Master Capital Services Limited	Apply
Swastika Investmart Ltd	Neutral

BlackBuck IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for BlackBuck IPO is 38. Their analysis recommends Do not subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	38	Do not subscribe

BlackBuck IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is one of the leading digital platform for the truck owners providing them all related services under one roof. The company posted losses till FY24, and has turned the corner from Q1-FY25. Based on FY25 annualized earnings, the issue appears aggressively priced. Well-informed/cash surplus/risk seekers may park moderate funds for long term. Read detail review...

BlackBuck IPO Peer Comparison

Zinka Logistics Solution Limited peer comparison with similar listed entities. (As on March 28, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
Zinka Logistics Solution Limited	-10.52	-10.52	16.89		-53.64	Consolidated
C.E.Info Systems Ltd	24.78	24.78	12.09	92.9	0.2	Consolidated
Fleetcor Technologies Limited	1,118.83	1,100.48	36,78,737.8	20.2	0.3	Consolidated
Full Truck Alliance Co. Ltd	0.83	0.83	19.76	804.77	0.06	Consolidated

Notes

The Company's financial information has been derived from the Restated Consolidated Financial Information as of or for the financial year ending March 31, 2024.
All the financial information for listed industry peers is consolidated. It is sourced from the financial information of such listed industry peers available on the website of the stock exchanges, as of and for the year ended March 31, 2024, except for Corpay, Inc. (formerly FLEETCOR Technologies, Inc.) and Full Truck Alliance Co. Ltd as of and for the year ended December 31, 2023.
The P/E Ratio for the listed industry peer has been computed based on the closing market price of equity shares on BSE for Indian peers and NYSE for International peers, as of June 28, 2024, divided by the diluted EPS for the respective year-end.
Net asset value per share is calculated by dividing net worth as at the end of the period/year, as restated, by the weighted average number of equity shares post adjustment of bonus shares used in calculating EPS for the period/year.

BlackBuck IPO Review by Members

BlackBuck IPO Reviews, analysis and views by popular members. Read Zinka Logistics Solution Limited IPO reviews by retail investors to find recommended ipo to buy.

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BlackBuck IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	1	0
%	0.00	0.00	100.00	0.00

Member	Review
i For IPO ☑️ IPO Mentor (600+ Posts, 800+ Likes)	Neutral Risk Hai Small Listing Agian Possible \| November 16, 2024 7:09:09 PM

Member

Review

i For IPO ☑️

IPO Mentor (600+ Posts, 800+ Likes)

Neutral

Risk Hai

Small Listing Agian Possible

November 16, 2024 7:09:09 PM

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