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Zinka Logistics Solution (BlackBuck)
Mainboard₹14,742 / 54 Shares
Zinka Logistics Solution (BlackBuck) IPO Details
The Zinka Logistics Solution (BlackBuck) IPO price band is set between ₹259-273 per equity share, with a face value of ₹1 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 13 Nov, 2024 and closes on 18 Nov, 2024. Investors can check the allotment status on 19 Nov, 2024, while the listing date is tentatively scheduled for 22 Nov, 2024.
The total issue size is Total ₹1,114.72 Cr :#Fresh Issue : 20,146,520 shares, aggregating up to ₹550.00 Cr. Stay tuned for the latest Zinka Logistics Solution (BlackBuck) IPO review and GMP updates.
Zinka Logistics Solution (BlackBuck) IPO Review, Rating & Analysis
Zinka Logistics Solution (BlackBuck) IPO Review
NO REVIEWZinka Logistics Solution (BlackBuck) IPO Rating
Zinka Logistics Solution (BlackBuck) IPO Highlights
IPO Date
Nov 13, 2024 - Nov 18, 2024
Listing Date
22 Nov, 2024
Face Value
₹1 Per Equity Share
Price Band
₹259-273 per equity share
Lot Size
54 Shares
Fresh Issue
20,146,520 Shares
Offer for Sale
20,685,800 shares of ₹1
Listing At
BSE, NSE
Zinka Logistics Solution (BlackBuck) IPO Lot Size
The minimum market lot for Zinka Logistics Solution (BlackBuck) IPO is 54 shares with an application amount of ₹14,742. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 54 | ₹14,742 |
| Retail (Max) | 13 | 702 | ₹1,91,646 |
| S-HNI (Min) | 14 | 756 | ₹2,06,388 |
| S-HNI (Max) | 67 | 3618 | ₹9,87,714 |
| B-HNI (Min) | 68 | 3672 | ₹10,02,456 |
Zinka Logistics Solution (BlackBuck) IPO Timeline
Issue Price
₹259-273 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Axis Capital LimitedMorgan Stanley India Company Pvt LtdJm Financial LimitedIifl Securities LtdIssue Size
Total ₹1,114.72 Cr :#Fresh Issue : 20,146,520 shares(aggregating up to ₹550.00 Cr) +
#OFS : 20,685,800 shares of ₹1(aggregating up to ₹564.72 Cr)
Zinka Logistics Solution (BlackBuck) IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 654.32 | 316.51 | -193.95 | 311.29 | 311.03 | 173.74 |
| 31 Mar 23 | 654.25 | 195.09 | -290.5 | 352.66 | 66.55 | 165.84 |
| 31 Mar 22 | 899.68 | 156.13 | -284.56 | 585.08 | 377.58 | 199.00 |
All values are in ₹ Cr.
Zinka Logistics Solution (BlackBuck) IPO Valuations
EPS Pre IPO
-₹12.41/-EPS Post IPO
₹7.34/-PE Pre IPO
-22PE Post IPO
-37.2ROE
9.39%ROCE
1.50%Debt Equity
0.47RoNW
9.39%PAT Margin
-Price to Book Value
14.60Promoters & Share Holding
Promoter(s) Name
- Rajesh Kumar Naidu Yabaji
- Chanakya Hridaya
- Ramasubramanian Balasubramaniam
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 32.91% | 27.84% |
About Company
Founded in April 2015, Zinka Logistics Solution Limited, popularly known as BlackBuck, is India’s leading digital platform for truck operators. With a mission to transform the trucking industry, BlackBuck empowers operators across India to streamline operations, make payments, access vehicle financing, and manage logistics efficiently—all through a single app.
As of FY2024, BlackBuck connects over 27.5% of India’s truck operators, with an active network of 963,345 users. Through its comprehensive services, BlackBuck processed a substantial Gross Transaction Value (GTV) of Rs 173,961.93 million. The platform leverages technology to offer telematics services, with 356,050 devices enabling real-time tracking and fleet management. It has further availed vehicle financing options for the loans extended, amounting to 4,035 loans and Rs 1,967.88 million, and covered 48 districts in seven states.
Zinka Logistics Solution (BlackBuck) IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 12,242,611 | 6,121,305 4,080,870 2,040,435 | 4,080,870 | 22,470,786 |
Day 1 -13-11-24 05:00 PM | 0.26 x | 0.02 0.01 x 0.04 x | 0.51 x | 0.24 x |
Day 2 -14-11-24 05:00 PM | 0.26 x | 0.04 0.01 x 0.08 x | 0.90 x | 0.32 x |
Day 3 -18-11-24 05:00 PM | 2.76 x | 0.24 0.18 x 0.36 x | 1.66 x | 1.86 x |
Retail:1.65x
BHNI:0.02x
SHNI:0.32x times
Company Contact Details
Zinka Logistics Solution (BlackBuck)
Vaswani Presidio, no. 84/2, II Floor, Panathur Main Road, Kadubeesanahalli, Off Outer Ring-Road, Bengaluru 560103Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: zinka.ipo@kfintech.com
Frequently Asked Questions about Zinka Logistics Solution (BlackBuck) IPO
When will Zinka Logistics Solution (BlackBuck) IPO open for subscription?
The Zinka Logistics Solution (BlackBuck) IPO opens on 13 Nov, 2024 and closes on 18 Nov, 2024.
What is the investors portion for Zinka Logistics Solution (BlackBuck) IPO?
The investors' portion for QIB is 2.76 x, NII is 0.18 x, and Retail is 1.66 x.
How to apply for Zinka Logistics Solution (BlackBuck) IPO?
You can apply for Zinka Logistics Solution (BlackBuck) IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Zinka Logistics Solution (BlackBuck) IPO?
The issue size of Zinka Logistics Solution (BlackBuck) IPO is approx ₹Total ₹1,114.72 Cr :#Fresh Issue : 20,146,520 shares(aggregating up to ₹550.00 Cr) +#OFS : 20,685,800 shares of ₹1(aggregating up to ₹564.72 Cr) crores.
What is the price band of Zinka Logistics Solution (BlackBuck) IPO?
The price band for Zinka Logistics Solution (BlackBuck) IPO is ₹259 to ₹273 per equity share.
What is the lot size of Zinka Logistics Solution (BlackBuck) IPO?
The minimum bid (lot size) for Zinka Logistics Solution (BlackBuck) IPO is N/A shares with an investment of approx ₹14,742 .
What is the allotment date of Zinka Logistics Solution (BlackBuck) IPO?
The allotment date for Zinka Logistics Solution (BlackBuck) IPO is 19 Nov, 2024.
What is the listing date of Zinka Logistics Solution (BlackBuck) IPO?
The listing date for Zinka Logistics Solution (BlackBuck) IPO is expected to be 22 Nov, 2024.
What is the GMP of Zinka Logistics Solution (BlackBuck) IPO?
The latest Grey Market Premium (GMP) for Zinka Logistics Solution (BlackBuck) IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.