Recently Viewed
Clear AllBidding Date
13-Nov-2024 to
18-Nov-2024
Issue Size
₹1114.72 Cr
Price Band
₹259 to ₹273
Allotment date
19-Nov-2024
Listing date
22-Nov-2024
Lot size
54
No. of shares
4,08,32,320
Fresh issue/OFS
₹550 Cr/₹564.72 Cr
Founded in 2015, BlackBuck operates as a digital platform providing a suite of services tailored to the unique needs of truck operators in India. The company’s offerings are aimed at increasing the efficiency of truck operators by reducing operational inefficiencies and enabling better business management. BlackBuck generates revenue through commission income, subscription fees, and service fees related to these services, including commission from FASTag and fueling payments, subscription fees for telematics and load matching services, and fees associated with vehicle financing. With a rapidly growing user base, BlackBuck has attracted nearly 1 million truck operators transacting on its platform in Fiscal 2024, representing 28 percent of India’s truck operators. This growth highlights the company's established presence and importance in the Indian logistics landscape.
Read our in-depth analysis of the BlackBuck Ltd. IPO Here
Category
Status
QIBs
2.8x
NIIs
0.2x
Retail
1.7x
Others
9.9x
Total
1.9x
The issue size of BlackBuck is ₹1,114.72 Cr.
BlackBuck falls into Logistics industry.
The BlackBuck IPO will be listed on both NSE and BSE.
The open and close dates for the BlackBuck are 13-Nov-2024 & 18-Nov-2024.
The price band for the BlackBuck ipo is ₹259 to ₹273
The listing date of BlackBuck IPO is 22-Nov-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
BlackBuck total subscription ratio is 1.9X.
Key financial of the BlackBuck are:
| BlackBuck | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 296.92 | 175.68 | 119.33 |
| EBIT (₹ Cr) | -191.43 | -254.07 | -247 |
| Proft after Tax (₹ Cr) | -166.99 | -236.85 | -230.35 |
| Debt (₹ Cr) | 173.74 | 165.84 | 199 |
| Net Worth (₹ Cr) | 311.29 | 352.66 | 585.08 |
| RoE (%) | -53.64 | -67.16 | -39.37 |