Zinka Logistics Solutions IPO vs Vishal Mega Mart IPO

Comparison between Zinka Logistics Solutions IPO and Vishal Mega Mart IPO.

IPO Details

Zinka Logistics Solutions IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Vishal Mega Mart 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 Vishal Mega Mart IPO is up to ₹8,000.00 Cr. The final issue price of Zinka Logistics Solutions IPO is ₹273.00 per share and of Vishal Mega Mart IPO is ₹78.00 per share.

 Zinka Logistics Solutions IPOVishal Mega Mart IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹259.00 per share₹74.00 per share
Issue Price (Upper)₹273.00 per share₹78.00 per share
Issue Price (Final)₹273.00 per share₹78.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹25.00 per share
Market Lot Size54 shares190 shares
Fresh Issue Size2,01,48,577 shares0 shares
Fresh Issue Size (Amount)up to ₹550.03 Crup to ₹0.00 Cr
OFS Issue Size2,06,85,800 shares1,02,56,41,025 shares
OFS Issue Size (Amount)up to ₹564.69 Crup to ₹8,000.00 Cr
Issue Size Total4,08,34,377 shares1,02,56,41,025 shares
Issue Size Total (Amount)up to ₹1,114.72 Crup to ₹8,000.00 Cr

IPO Timetable

Zinka Logistics Solutions IPO opens on Nov 13, 2024, while Vishal Mega Mart IPO opens on Dec 11, 2024. The closing date of Zinka Logistics Solutions IPO and Vishal Mega Mart IPO is Nov 18, 2024, and Dec 13, 2024, respectively.

 Zinka Logistics Solutions IPOVishal Mega Mart 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 Vishal Mega Mart IPO P/E ratio of 76.13.

 Zinka Logistics Solutions IPOVishal Mega Mart 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
Assets9,551.758,506.088,288.918,217.98
Total Income5,053.428,945.137,618.895,653.85
Profit After Tax254.14461.94321.27202.77
NET Worth5,923.745,646.595,180.844,849.93
Reserves and Surplus1,390.271,113.12649.50321.88
Total Borrowing133.50497.41
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)32.9198.77
Promoter Shareholding (Post-Issue)26.8376.02
P/E Ratio-2276.13
Market Cap₹4817.81 Cr.₹35168.01 Cr.
ROE9.39%
ROCE1.50%68.76%
Debt/Equity0.47
EPS₹-12.41₹1.02
RoNW9.39%8.18%

Shares Offered

In the Zinka Logistics Solutions IPO Retail Individual Investors (RII) are offered 40,80,870 shares while in Vishal Mega Mart 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 20,51,28,205 shares in Vishal Mega Mart IPO.

 Zinka Logistics Solutions IPOVishal Mega Mart IPO
Anchor Investor Reservation1,83,63,915 shares30,76,92,307 shares
Market Maker Reservation
QIB1,22,42,611 shares20,51,28,205 shares
NII61,21,305 shares15,38,46,154 shares
RII40,80,870 shares35,89,74,359 shares
Employee26,000 shares
Others
Total4,08,34,701 shares1,02,56,41,025 shares

Bids Received (Subscription)

Zinka Logistics Solutions IPO subscribed 1.87x in total, whereas Vishal Mega Mart IPO subscribed 28.75x.

 Zinka Logistics Solutions IPOVishal Mega Mart IPO
QIB (times)2.72x85.11x
NII (times)0.24x15.01x
Big NII (times)0.18x17.34x
Small NII (times)0.37x10.37x
RII (times)1.70x2.43x
Employee (times)9.86x
Other (times)
Total (times)1.87x28.75x

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Zinka Logistics Solutions IPO Vs Vishal Mega Mart IPO