Zinka Logistics Solutions IPO vs Niva Bupa Health Insurance IPO

Comparison between Zinka Logistics Solutions IPO and Niva Bupa Health Insurance IPO.

IPO Details

Zinka Logistics Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Niva Bupa Health Insurance 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 Niva Bupa Health Insurance IPO is up to ₹2,200.00 Cr. The final issue price of Zinka Logistics Solutions IPO is ₹273.00 per share and of Niva Bupa Health Insurance IPO is ₹74.00 per share.

 Zinka Logistics Solutions IPONiva 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)₹0.00 per share₹0.00 per share
Discount (Employee)₹25.00 per share
Market Lot Size54 shares200 shares
Fresh Issue Size2,01,48,577 shares10,81,08,108 shares
Fresh Issue Size (Amount)up to ₹550.03 Crup to ₹800.00 Cr
OFS Issue Size2,06,85,800 shares18,91,89,188 shares
OFS Issue Size (Amount)up to ₹564.69 Crup to ₹1,400.00 Cr
Issue Size Total4,08,34,377 shares29,72,97,296 shares
Issue Size Total (Amount)up to ₹1,114.72 Crup to ₹2,200.00 Cr

IPO Timetable

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

 Zinka Logistics Solutions IPONiva Bupa Health Insurance IPO
Anchor Bid DateNov 12, 2024Nov 06, 2024
Issue OpenNov 13, 2024Nov 07, 2024
Issue CloseNov 18, 2024Nov 11, 2024
Basis Of Allotment (Tentative)Nov 19, 2024Nov 12, 2024
Initiation of Refunds (Tentative)Nov 20, 2024Nov 13, 2024
Credit of Share (Tentative)Nov 20, 2024Nov 13, 2024
Listing date (Tentative)Nov 22, 2024Nov 14, 2024
Anchor Lockin End date 1Dec 19, 2024Dec 12, 2024
Anchor Lockin End date 2Feb 17, 2025Feb 10, 2025

Financials & KPIs

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

 Zinka Logistics Solutions IPONiva Bupa Health Insurance 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)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets6,542.066,191.873,876.572,738.44
Total Income1,124.904,118.632,859.241,884.54
Profit After Tax-18.8281.8512.54-196.53
NET Worth2,031.772,049.59831.12507.65
Reserves and Surplus1,282.441,282.02334.26125.40
Total Borrowing250.00250.00250.00250.00
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)32.9188.98
Promoter Shareholding (Post-Issue)26.8373.37
P/E Ratio-22153.7
Market Cap₹4817.81 Cr.₹13380.91 Cr.
ROE9.39%
ROCE1.50%
Debt/Equity0.470.12
EPS₹-12.41₹0.48
RoNW9.39%-0.92

Shares Offered

In the Zinka Logistics Solutions IPO Retail Individual 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 Zinka Logistics Solutions IPO and 8,91,89,190 shares in Niva Bupa Health Insurance IPO.

 Zinka Logistics Solutions IPONiva Bupa Health Insurance IPO
Anchor Investor Reservation1,83,63,915 shares13,37,83,783 shares
Market Maker Reservation
QIB1,22,42,611 shares8,91,89,190 shares
NII61,21,305 shares4,45,94,594 shares
RII40,80,870 shares2,97,29,729 shares
Employee26,000 shares
Others
Total4,08,34,701 shares29,72,97,296 shares

Bids Received (Subscription)

Zinka Logistics Solutions IPO subscribed 1.87x in total, whereas Niva Bupa Health Insurance IPO subscribed 1.90x.

 Zinka Logistics Solutions IPONiva Bupa Health Insurance IPO
QIB (times)2.72x2.17x
NII (times)0.24x0.71x
Big NII (times)0.18x0.70x
Small NII (times)0.37x0.74x
RII (times)1.70x2.88x
Employee (times)9.86x
Other (times)
Total (times)1.87x1.90x

Compare with others

Compare:

Zinka Logistics Solutions IPO Vs Niva Bupa Health Insurance IPO