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Zinka Logistics Solutions Ltd.

Zinka Logistics Solutions Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹273
₹273
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹273
Based on GMP
Min. Investment
₹14,742
1 lot × 54 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
13 Nov 2024
Close Date
18 Nov 2024
Allotment
19 Nov 2024
Listing Date
22 Nov 2024
Exchange
NSE & BSE
Price Band
₹273
Listing Price
See chart
Allotment Status
Price Band
₹273
Per share
Face Value
₹1 per share
 
Lot Size
54 Shares
per lot
Issue Size
4,08,34,377 shares (aggregating up to ₹1,114.72 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,742
1 lot
Pre-IPO Holding
15,63,30,160 shares
Promoters
Post-IPO Holding
17,64,76,680 shares
Promoters
P/E (Pre)
-22x
 
P/E (Post)
37.2x
 
EPS (Pre)
₹-12.41
 
EPS (Post)
₹7.34
 
UPI Deadline
2024-11-18
Mandate
Anchor AllotmentTue, 12 Nov 2024
Basis of AllotmentTue, 19 Nov 2024
Refund InitiationWed, 20 Nov 2024
Demat CreditWed, 20 Nov 2024
Listing DayFri, 22 Nov 2024
UPI Mandate Deadline2024-11-18
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares2,01,48,577 shares (aggregating up to ₹550.03 Cr)
Offer for Sale2,06,85,800 shares of ₹1 (aggregating up to ₹564.69 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Zinka Logistics Solutions Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 18 Nov 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
40,834,701
100% ₹1,114.79
IPO Shares Offered
Zinka Logistics Solutions Ltd. IPO total issue size: ₹1,114.79 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 40,834,701 ₹1,114.79
100.00%
* Based on upper price band ₹273 per share
Lot Size & Investment
Lot Size
54
Shares per Lot
Issue Price
₹273.00
Upper Band
Min Investment
₹14,742
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2108₹29,484
Retail (Max — 13 Lots)13702₹191,646
S-HNI (Min — 14 Lots)14756₹206,388
B-HNI (Min — 68 Lots)683,672₹1,002,456
* Issue Price ₹273 × Lot Size 54 shares
IPO Schedule
Anchor
12 Nov 2024
✓ Done
IPO Open
13 Nov 2024
✓ Done
IPO Close
18 Nov 2024
✓ Done
Allotment
19 Nov 2024
✓ Done
Refunds
20 Nov 2024
✓ Done
Demat Credit
20 Nov 2024
✓ Done
Listing Day
22 Nov 2024
✓ Done
Zinka Logistics Solutions Ltd. — Live Price LIVE
₹273.00
INR · BSE
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Issue ₹273.00 Live Price
About Zinka Logistics Solutions Ltd.
Founded in April 2015, Zinka Logistics Solution Limited offers a digital platform, the BlackBuck app, for truck operators. In the fiscal year 2024, 963,345 truck operators in the country conducted their business through the platform, representing 27.52% of all Indian truck operators.Zinka Logistics Solution's BlackBuck app is a platform that offers payments, telematics, a freight marketplace, and vehicle financing services to help truck operators achieve their goals efficiently.As of March 31, 2024, the company had processed a Gross Transaction Value (GTV) of Rs. 173,961.93 million in payments.As of March 31, 2024, the company had a monthly average of 356,050 active telematics devices and has facilitated 4,035 loans with a total value of Rs. 1,967.88 million.As of March 31, 2024, the company offered vehicle financing to customers in 48 districts across seven states in India.Competitive strengthIndia’s largest platform for digital truck operators.A wide network of truck operators built over the nine years of its existence.New offerings to address market gaps and fulfil customer needs.A strong multi-channel sales network and an effective sales and service strategy promote customer acceptance.High-growth business with operational leverage and high profitability.Experienced management team.As of March 31, 2024, the company had 4,289 employees
Objects of the Issue
1
Funding towards sales and marketing costs;
2
Investment in Blackbuck Finserve Private Limited, its NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements;
3
Funding of expenditure about product development; and
4
General corporate purposes.
Zinka Logistics Solutions Ltd. Financials (Amount in Crore)
Revenue from Operations
₹195.1
31 Mar 2023
₹316.5
31 Mar 2024
₹98.3
30 Jun 2024
Profit After Tax (PAT)
-₹290.5
31 Mar 2023
-₹194.0
31 Mar 2024
₹32.4
30 Jun 2024
Particulars30 Jun 202431 Mar 202431 Mar 2023
Revenue from Operations 98.33 316.51 195.09
EBITDA N/A N/A N/A
Profit After Tax (PAT) 32.38 -193.95 -290.50
Net Worth 344.98 311.29 352.66
Total Assets 629.41 654.32 654.25
Reserves & Surplus 339.07 311.03 66.55
Borrowings 161.01 173.74 165.84
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
14.60
RoE
9.39%
RoCE
1.50%
RoNW
9.39%
Debt/Equity
0.47
Issue Structure & Shareholding
Total Shares Offered4,08,34,701 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding15,63,30,160 shares
Post-Issue Promoter Holding17,64,76,680 shares
P/BV Ratio14.60
RoE9.39%
RoCE1.50%
Debt / Equity0.47
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Capital Ltd.
Morgan Stanley India Co.Pvt.Ltd.
JM Financial Ltd.
IIFL Capital Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Zinka Logistics Solutions Ltd. IPO subscribed?

Zinka Logistics Solutions Ltd. IPO is subscribed 1.00 times by Nov 18, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Zinka Logistics Solutions Ltd. IPO retail subscription status?

The Zinka Logistics Solutions Ltd. IPO retail category is subscribed 1.00 times as of 18 Nov 2024. The retail portion is oversubscribed.

How to subscribe Zinka Logistics Solutions Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 13 Nov 2024 and closes 18 Nov 2024. Min investment: ₹14,742 (1 lot = 54 shares). UPI mandate: 2024-11-18.

How many times Zinka Logistics Solutions Ltd. IPO subscribed?

The Zinka Logistics Solutions Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Zinka Logistics Solutions Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 19 Nov 2024. Refunds: on 20 Nov 2024.

When Zinka Logistics Solutions Ltd. IPO will be listed?

The Zinka Logistics Solutions Ltd. IPO listing date is 22 Nov 2024, Friday. Listed on: NSE & BSE. Issue price: ₹273. Estimated listing: ₹273. GMP: NIL.

When Zinka Logistics Solutions Ltd. IPO close?

The Zinka Logistics Solutions Ltd. IPO closes on 18 Nov 2024, Monday. UPI mandate: 2024-11-18. Allotment: 19 Nov 2024. Listing: 22 Nov 2024.