Zinka Logistics Solutions Ltd IPO

Listed Listed stocks

IPO Details

  • Bidding 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

About The Company

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 Zinka Logistics Solutions Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    2.8x

  • NIIs

    0.2x

  • Retail

    1.7x

  • Others

    9.9x

  • Total

    1.9x

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FAQs for Zinka Logistics Solutions Ltd.

The issue size of Zinka Logistics Solutions Ltd is ₹1,114.72 Cr.

Zinka Logistics Solutions Ltd falls into Logistics industry.

The Zinka Logistics Solutions Ltd IPO will be listed on both NSE and BSE.

The open and close dates for the Zinka Logistics Solutions Ltd are 13-Nov-2024 & 18-Nov-2024.

The price band for the Zinka Logistics Solutions Ltd ipo is ₹259 to ₹273

The listing date of Zinka Logistics Solutions Ltd 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.

Zinka Logistics Solutions Ltd total subscription ratio is 1.9X.

Key financial of the Zinka Logistics Solutions Ltd are:


Zinka Logistics Solutions Ltd FY-24 FY-23 FY-22
Revenue (₹ Cr) 296.9 175.7 119.3
EBIT (₹ Cr) -183.7 -252.9 -249.8
Proft after Tax (₹ Cr) -193.9 -290.5 -284.6
Debt (₹ Cr) 173.7 165.8 199
Net Worth (₹ Cr) 311.3 352.7 585.1
RoE (%) -62.29 -82.36 -48.64