Zinka Logistics Solutions IPO vs Sai Life Sciences IPO

Comparison between Zinka Logistics Solutions IPO and Sai Life Sciences IPO.

IPO Details

Zinka Logistics Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Sai Life Sciences IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Zinka Logistics Solutions IPO is up to ₹1,114.72 Cr whereas the issue size of the Sai Life Sciences IPO is up to ₹3,042.62 Cr. The final issue price of Zinka Logistics Solutions IPO is ₹273.00 per share and of Sai Life Sciences IPO is ₹549.00 per share.

 Zinka Logistics Solutions IPOSai Life Sciences IPO
Face Value₹1 per share₹1 per share
Issue Price (Lower)₹259.00 per share₹522.00 per share
Issue Price (Upper)₹273.00 per share₹549.00 per share
Issue Price (Final)₹273.00 per share₹549.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹25.00 per share
Market Lot Size54 shares27 shares
Fresh Issue Size2,01,48,577 shares1,73,04,189 shares
Fresh Issue Size (Amount)up to ₹550.03 Crup to ₹950.00 Cr
OFS Issue Size2,06,85,800 shares3,81,16,934 shares
OFS Issue Size (Amount)up to ₹564.69 Crup to ₹2,092.62 Cr
Issue Size Total4,08,34,377 shares5,54,21,123 shares
Issue Size Total (Amount)up to ₹1,114.72 Crup to ₹3,042.62 Cr

IPO Timetable

Zinka Logistics Solutions IPO opens on Nov 13, 2024, while Sai Life Sciences IPO opens on Dec 11, 2024. The closing date of Zinka Logistics Solutions IPO and Sai Life Sciences IPO is Nov 18, 2024, and Dec 13, 2024, respectively.

 Zinka Logistics Solutions IPOSai Life Sciences IPO
Anchor Bid DateNov 12, 2024Dec 10, 2024
Issue OpenNov 13, 2024Dec 11, 2024
Issue CloseNov 18, 2024Dec 13, 2024
Basis Of Allotment (Tentative)Nov 19, 2024Dec 16, 2024
Initiation of Refunds (Tentative)Nov 20, 2024Dec 17, 2024
Credit of Share (Tentative)Nov 20, 2024Dec 17, 2024
Listing date (Tentative)Nov 22, 2024Dec 18, 2024
Anchor Lockin End date 1Dec 19, 2024Jan 14, 2025
Anchor Lockin End date 2Feb 17, 2025Mar 15, 2025

Financials & KPIs

Zinka Logistics Solutions IPO P/E ratio is -22, as compared to Sai Life Sciences IPO P/E ratio of 126.42.

 Zinka Logistics Solutions IPOSai Life Sciences IPO
Financials

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets629.41654.32654.25899.68
Total Income98.33316.51195.09156.13
Profit After Tax32.38-193.95-290.50-284.56
NET Worth344.98311.29352.66585.08
Reserves and Surplus339.07311.0366.55377.58
Total Borrowing161.01173.74165.84199.00
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets2,476.782,275.142,186.652,164.23
Total Income693.351,494.271,245.11897.74
Profit After Tax28.0182.819.996.23
NET Worth1,044.75974.34887.29877.76
Reserves and Surplus1,025.44953.99867.43859.17
Total Borrowing764.49710.16699.23751.32
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)32.9141.82
Promoter Shareholding (Post-Issue)26.8335.24
P/E Ratio-22126.42
Market Cap₹4817.81 Cr.₹11418.63 Cr.
ROE9.39%11.79%
ROCE1.50%15.96%
Debt/Equity0.47
EPS₹-12.41₹4.34
RoNW9.39%8.13%

Shares Offered

In the Zinka Logistics Solutions IPO Retail Individual Investors (RII) are offered 40,80,870 shares while in Sai Life Sciences IPO retail investors are offered 40,80,870 shares. Qualified Institutional Buyers (QIB) are offered 1,22,42,611 shares in Zinka Logistics Solutions IPO and 1,10,84,224 shares in Sai Life Sciences IPO.

 Zinka Logistics Solutions IPOSai Life Sciences IPO
Anchor Investor Reservation1,83,63,915 shares1,66,26,336 shares
Market Maker Reservation
QIB1,22,42,611 shares1,10,84,224 shares
NII61,21,305 shares83,13,169 shares
RII40,80,870 shares1,93,97,394 shares
Employee26,000 shares
Others
Total4,08,34,701 shares5,54,21,123 shares

Bids Received (Subscription)

Zinka Logistics Solutions IPO subscribed 1.87x in total, whereas Sai Life Sciences IPO subscribed 10.27x.

 Zinka Logistics Solutions IPOSai Life Sciences IPO
QIB (times)2.72x29.78x
NII (times)0.24x4.99x
Big NII (times)0.18x6.10x
Small NII (times)0.37x2.78x
RII (times)1.70x1.39x
Employee (times)9.86x
Other (times)
Total (times)1.87x10.27x

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