Zinka Logistics Solutions Ltd
Price Range
₹259 - ₹273
Min. Quantity
54
Closes on
18 November 2024
Min. investment
₹14,742/702 Shares
Zinka Logistics Solutions Ltd IPO Timeline
Zinka Logistics Solutions Limited was incorporated as Zinka Logistics Solutions Private Limited' at Bengaluru, Karnataka as a Private Limited Company, pursuant to a Certificate of Incorporation dated April 20, 2015, issued by the RoC. Subsequently, the Company got converted to a Public Limited Company and the name changed to Zinka Logistics Solutions Limited' pursuant to fresh Certificate of Incorporation dated June 19, 2024 was issued by the RoC.
| Event | Date |
|---|---|
| Zinka Logistics Solutions Ltd IPO Opening Date | 13 November 2024 |
| Zinka Logistics Solutions Ltd IPO Closing Date | 18 November 2024 |
| Basis of Allotment | 19 November 2024 |
| Initiation of Refunds | 21 November 2024 |
| Credit of Shares to Demat | 21 November 2024 |
| Zinka Logistics Solutions Ltd IPO Listing Date | 22 November 2024 |
Zinka Logistics Solutions Ltd IPO Details
| Zinka Logistics Solutions Ltd IPO Date | 13 November 2024 to 18 November 2024 |
| Zinka Logistics Solutions Ltd IPO Face Value | ₹1 per share |
| Zinka Logistics Solutions Ltd IPO Price | ₹259 to ₹273 per share |
| Zinka Logistics Solutions Ltd IPO Lot Size | 54 |
| Issue Size | Shares of ₹1 (aggregating up to ₹1,114.72 Cr) |
| Fresh Issue | Shares of ₹1 (aggregating up to ₹550 Cr) |
| Offer for Sale | Shares of ₹1 (aggregating up to ₹564.72 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 1,20,66,813 of the Net Offer |
| Retail Shares Offered | Not less than 41,89,783 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 62,84,674 of the Net Offer |
| Company Promoters | Rajesh Kumar Naidu Yabaji, Chanakya Hridaya, Ramasubramanian Balasubramania |
Zinka Logistics Solutions Ltd IPO Lot Size
The Zinka Logistics Solutions Ltd IPO lot size is 54 shares. A retail-individual investor can apply for up to 13 lots (702 shares or ₹1,91,646).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 54 | ₹14,742 |
| Maximum | 13 | 702 | ₹1,91,646 |
- Strengths
- Risks
- Opportunities
- We are India's largest digital platform for truck operators.
- We have strong network effects of platform resulting in robust customer retention rates and higher monetization.
- We have a repeatable playbook of creating and launching new offerings.
- We have an omnichannel distribution network with robust sales and service strategy driving customer adoption.
- We have a scalable and reliable in-house technology integrating with multiple stakeholders.
- We have high growth business with operating leverage and strong unit economics.
- We are a Promoter-led management team and have an experienced board.
Company Financials
Zinka Logistics Solutions Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding towards sales and marketing costs
- Investment in Blackbuck Finserve Pvt Ltd for financing the augmentation of its capital base to meet its future capital requirements
- Funding of expenditure in relation to product development
- General corporate purposes
Zinka Logistics Solutions Ltd IPO Promoter Holding
| Pre Issue Share Holding | 14.45% |
| Post Issue Share Holding | 12.09% |
Zinka Logistics Solutions Ltd IPO Subscription Status (Bidding Detail)
The Zinka Logistics Solutions Ltd IPO is subscribed 1.86 times on 18 November 2024 05:00:00 PM. The public issue subscribed 1.66 times in the retail category, 2.76 times in the QIB category, and 0.24 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 2.76 | 0.24 | 1.66 | 9.88 | 1.86 |
Zinka Logistics Solutions Ltd IPO Prospectus
Zinka Logistics Solutions Ltd IPO Listing Date
| Listing Date | 22 November 2024 |
| BSE Script | 544288 |
| NSE Symbol | BLACKBUCK |
| Listing In | BSE, NSE |
| ISIN | INE0UIZ01018 |
| IPO Price | ₹273 |
| Face Value | ₹1 |
Company Contact Information
Vaswani Presidio #.84/2 2nd FrPanathur Main Rd Kadubeesanaha,Bangalore-560103
Phone: +91 80464 81828
Email: cs@blackbuck.com
Website: www.blackbuck.com
Zinka Logistics Solutions Ltd IPO Registrar
Zinka Logistics Solutions Ltd IPO Lead Manager(s)
- Axis Capital Ltd
- Morgan Stanley India Company Pvt Ltd
- JM Financial Ltd
- IIFL Securities Ltd
FAQ
What is the issue size of Zinka Logistics Solutions Ltd IPO?
I have pre-applied for Zinka Logistics Solutions Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.