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BLT Logistics IPO vs Dar Credit IPO

Comparison between BLT Logistics IPO and Dar Credit IPO.

IPO Details

BLT Logistics IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Dar Credit IPO is a SME Bookbuilding proposed to list at NSE SME.

 BLT Logistics IPODar Credit IPO
LogoBLT Logistics IPO LogoDar Credit IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersBeeline Capital Advisors Pvt.Ltd.GYR Capital Advisors Pvt.Ltd.
RegistrarSkyline Financial Services Pvt.Ltd.Kfin Technologies Ltd.
Market MakerSpread X Securities Pvt.Ltd.SMC Global Securities Ltd.
DRHPDRHP DRHP
RHPRHP RHP
Anchor InvestorAnchor Investor Anchor Investor
IPO Allotment URLIPO Allotment URL IPO Allotment URL

Issue Size and Price

The total issue size of BLT Logistics IPO is up to ₹9.01 Cr whereas the issue size of the Dar Credit IPO is up to ₹24.36 Cr. The final issue price of BLT Logistics IPO is ₹75.00 per share and of Dar Credit IPO is ₹60.00 per share.

 BLT Logistics IPODar Credit IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹71.00 per share₹57.00 per share
Issue Price (Upper)₹75.00 per share₹60.00 per share
Issue Price (Final)₹75.00 per share₹60.00 per share
Discount (Retail)₹0.00 per share
Discount (Employee)
Market Lot Size1600 shares2000 shares
Fresh Issue Size12,01,600 shares40,60,000 shares
Fresh Issue Size (Amount)up to ₹9.01 Crup to ₹24.36 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total12,01,600 shares40,60,000 shares
Issue Size Total (Amount)up to ₹9.01 Crup to ₹24.36 Cr

IPO Timetable

BLT Logistics IPO opens on Aug 04, 2025, while Dar Credit IPO opens on May 21, 2025. The closing date of BLT Logistics IPO and Dar Credit IPO is Aug 06, 2025, and May 23, 2025, respectively.

 BLT Logistics IPODar Credit IPO
Anchor Bid DateAug 01, 2025May 20, 2025
Issue OpenAug 04, 2025May 21, 2025
Issue CloseAug 06, 2025May 23, 2025
Basis Of Allotment (Tentative)Aug 07, 2025May 26, 2025
Initiation of Refunds (Tentative)Aug 08, 2025May 27, 2025
Credit of Share (Tentative)Aug 08, 2025May 27, 2025
Listing date (Tentative)Aug 11, 2025May 28, 2025
Anchor Lockin End date 1Sep 10, 2025Jun 25, 2025
Anchor Lockin End date 2Nov 09, 2025Aug 24, 2025

Financials & KPIs

BLT Logistics IPO P/E ratio is 6.84, as compared to Dar Credit IPO P/E ratio of 15.12.

 BLT Logistics IPODar Credit IPO
FinancialsEBITDA

Dar Credit and Capital Limited Financial Information (Restated Standalone)

Period Ended31 Dec 202431 Mar 202431 Mar 2023
Assets221.60235.82187.27
Total Income31.0333.0125.57
Profit After Tax4.923.972.93
Net Worth69.6765.2561.78
Reserves and Surplus60.5256.1052.63
Total Borrowing145.89165.58120.45
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.9598.47
Promoter Shareholding (Post-Issue)72.94
P/E Ratio6.8415.12
Market Cap₹35.97 Cr.₹85.66 Cr.
ROE-30.88%6.17%
ROCE22.34%9.22%
Debt/Equity1.552.51
EPS₹10.97₹3.97
RoNW43.736.08%

Shares Offered

In the BLT Logistics IPO Retail Individual Investors (RII) are offered 4,22,400 shares while in Dar Credit IPO retail investors are offered 4,22,400 shares. Qualified Institutional Buyers (QIB) are offered 2,40,000 shares in BLT Logistics IPO and 8,12,000 shares in Dar Credit IPO.

 BLT Logistics IPODar Credit IPO
Anchor Investor Reserveration3,58,400 shares12,16,000 shares
Market Maker Reserveration94,400 shares2,16,000 shares
QIB2,40,000 shares8,12,000 shares
NII1,80,800 shares6,10,000 shares
RII4,22,400 shares14,22,000 shares
Employee0 shares0 shares
Others
Total12,01,600 shares40,60,000 shares

Bids Received (Subscription)

BLT Logistics IPO subscribed 560.69x in total, whereas Dar Credit IPO subscribed 106.09x.

 BLT Logistics IPODar Credit IPO
QIB (times)81.80x31.29x
NII (times)1,017.63x208.45x
Big NII (times)1,186.60x
Small NII (times)684.13x
RII (times)637.20x104.88x
Employee (times)
Other (times)
Total (times)560.69x106.09x