Comparison between Zinka Logistics Solutions IPO and Suraksha Diagnostic IPO.
Zinka Logistics Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Suraksha Diagnostic IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Zinka Logistics Solutions IPO is up to ₹1,114.72 Cr whereas the issue size of the Suraksha Diagnostic IPO is up to ₹846.25 Cr. The final issue price of Zinka Logistics Solutions IPO is ₹273.00 per share and of Suraksha Diagnostic IPO is ₹441.00 per share.
| Zinka Logistics Solutions IPO | Suraksha Diagnostic IPO | |
|---|---|---|
| Face Value | ₹1 per share | ₹2 per share |
| Issue Price (Lower) | ₹259.00 per share | ₹420.00 per share |
| Issue Price (Upper) | ₹273.00 per share | ₹441.00 per share |
| Issue Price (Final) | ₹273.00 per share | ₹441.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ₹25.00 per share | |
| Market Lot Size | 54 shares | 34 shares |
| Fresh Issue Size | 2,01,48,577 shares | 0 shares |
| Fresh Issue Size (Amount) | up to ₹550.03 Cr | up to ₹0.00 Cr |
| OFS Issue Size | 2,06,85,800 shares | 1,91,89,330 shares |
| OFS Issue Size (Amount) | up to ₹564.69 Cr | up to ₹846.25 Cr |
| Issue Size Total | 4,08,34,377 shares | 1,91,89,330 shares |
| Issue Size Total (Amount) | up to ₹1,114.72 Cr | up to ₹846.25 Cr |
Zinka Logistics Solutions IPO opens on Nov 13, 2024, while Suraksha Diagnostic IPO opens on Nov 29, 2024. The closing date of Zinka Logistics Solutions IPO and Suraksha Diagnostic IPO is Nov 18, 2024, and Dec 03, 2024, respectively.
| Zinka Logistics Solutions IPO | Suraksha Diagnostic IPO | |
|---|---|---|
| Anchor Bid Date | Nov 12, 2024 | Nov 28, 2024 |
| Issue Open | Nov 13, 2024 | Nov 29, 2024 |
| Issue Close | Nov 18, 2024 | Dec 03, 2024 |
| Basis Of Allotment (Tentative) | Nov 19, 2024 | Dec 04, 2024 |
| Initiation of Refunds (Tentative) | Nov 20, 2024 | Dec 05, 2024 |
| Credit of Share (Tentative) | Nov 20, 2024 | Dec 05, 2024 |
| Listing date (Tentative) | Nov 22, 2024 | Dec 06, 2024 |
| Anchor Lockin End date 1 | Dec 19, 2024 | Jan 03, 2025 |
| Anchor Lockin End date 2 | Feb 17, 2025 | Mar 04, 2025 |
Zinka Logistics Solutions IPO P/E ratio is -22, as compared to Suraksha Diagnostic IPO P/E ratio of 99.31.
| Zinka Logistics Solutions IPO | Suraksha Diagnostic IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 32.91 | 61.07 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 26.83 | 48.78 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | -22 | 99.31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹4817.81 Cr. | ₹2296.76 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 9.39% | 14.09% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 1.50% | 21.46% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.47 | 0.20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹-12.41 | ₹4.44 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 9.39% | 14.09% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Zinka Logistics Solutions IPO Retail Individual Investors (RII) are offered 40,80,870 shares while in Suraksha Diagnostic 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 38,37,867 shares in Suraksha Diagnostic IPO.
| Zinka Logistics Solutions IPO | Suraksha Diagnostic IPO | |
|---|---|---|
| Anchor Investor Reservation | 1,83,63,915 shares | 57,56,797 shares |
| Market Maker Reservation | ||
| QIB | 1,22,42,611 shares | 38,37,867 shares |
| NII | 61,21,305 shares | 28,78,400 shares |
| RII | 40,80,870 shares | 67,16,266 shares |
| Employee | 26,000 shares | |
| Others | ||
| Total | 4,08,34,701 shares | 1,91,89,330 shares |
Zinka Logistics Solutions IPO subscribed 1.87x in total, whereas Suraksha Diagnostic IPO subscribed 1.27x.
| Zinka Logistics Solutions IPO | Suraksha Diagnostic IPO | |
|---|---|---|
| QIB (times) | 2.72x | 1.74x |
| NII (times) | 0.24x | 1.40x |
| Big NII (times) | 0.18x | 1.53x |
| Small NII (times) | 0.37x | 1.16x |
| RII (times) | 1.70x | 0.94x |
| Employee (times) | 9.86x | |
| Other (times) | ||
| Total (times) | 1.87x | 1.27x |
