Comparison between BLT Logistics IPO and Victory Electric Vehicles IPO.
BLT Logistics IPO is a SME Fixed Price IPO proposed to list at BSE SME while Victory Electric Vehicles IPO is a SME Fixed Price proposed to list at NSE SME.
| BLT Logistics IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Fixed Price |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Corpwis Advisors Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Spread X Securities Pvt.Ltd. | Alacrity Securities Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of BLT Logistics IPO is up to ₹9.01 Cr whereas the issue size of the Victory Electric Vehicles IPO is up to ₹32.83 Cr. The final issue price of BLT Logistics IPO is ₹75.00 per share and of Victory Electric Vehicles IPO is ₹41.00 per share.
| BLT Logistics IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹5 per share |
| Issue Price (Lower) | ₹71.00 per share | |
| Issue Price (Upper) | ₹75.00 per share | |
| Issue Price (Final) | ₹75.00 per share | ₹41.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1600 shares | 3000 shares |
| Fresh Issue Size | 12,01,600 shares | 80,07,000 shares |
| Fresh Issue Size (Amount) | up to ₹9.01 Cr | up to ₹32.83 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 12,01,600 shares | 80,07,000 shares |
| Issue Size Total (Amount) | up to ₹9.01 Cr | up to ₹32.83 Cr |
BLT Logistics IPO opens on Aug 04, 2025, while Victory Electric Vehicles IPO opens on Jan 07, 2026. The closing date of BLT Logistics IPO and Victory Electric Vehicles IPO is Aug 06, 2025, and Jan 09, 2026, respectively.
| BLT Logistics IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| Anchor Bid Date | Aug 01, 2025 | |
| Issue Open | Aug 04, 2025 | Jan 07, 2026 |
| Issue Close | Aug 06, 2025 | Jan 09, 2026 |
| Basis Of Allotment (Tentative) | Aug 07, 2025 | Jan 12, 2026 |
| Initiation of Refunds (Tentative) | Aug 08, 2025 | Jan 13, 2026 |
| Credit of Share (Tentative) | Aug 08, 2025 | Jan 13, 2026 |
| Listing date (Tentative) | Aug 11, 2025 | Jan 14, 2026 |
| Anchor Lockin End date 1 | Sep 10, 2025 | |
| Anchor Lockin End date 2 | Nov 09, 2025 |
BLT Logistics IPO P/E ratio is 6.84, as compared to Victory Electric Vehicles IPO P/E ratio of 12.41.
| BLT Logistics IPO | Victory Electric Vehicles IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Standalone)BLT Logistics Ltd.'s revenue increased by 21% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.
| Company Financials (Restated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.95 | 97.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 72.94 | 63.33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 6.84 | 12.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹35.97 Cr. | ₹98.77 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | -30.88 | 42.10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 22.34 | 31.27 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 1.55 | 0.62 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹10.97 | ₹3.30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 43.73 | 42.11 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the BLT Logistics IPO Retail Individual Investors (RII) are offered 4,22,400 shares while in Victory Electric Vehicles IPO retail investors are offered 4,22,400 shares. Qualified Institutional Buyers (QIB) are offered 2,40,000 shares in BLT Logistics IPO and 0 shares in Victory Electric Vehicles IPO.
| BLT Logistics IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| Anchor Investor Reservation | 3,58,400 shares | 0 shares |
| Market Maker Reservation | 94,400 shares | 4,23,000 shares |
| QIB | 2,40,000 shares | 0 shares |
| NII | 1,80,800 shares | 40,02,000 shares |
| RII | 4,22,400 shares | 40,05,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 12,01,600 shares | 80,07,000 shares |
BLT Logistics IPO subscribed 560.69x in total, whereas Victory Electric Vehicles IPO subscribed 0.95x.
| BLT Logistics IPO | Victory Electric Vehicles IPO | |
|---|---|---|
| QIB (times) | 81.80x | |
| NII (times) | 1,017.63x | 0.91x |
| Big NII (times) | 1,186.60x | |
| Small NII (times) | 684.13x | |
| RII (times) | 637.20x | 0.99x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 560.69x | 0.95x |
