Zinka Logistics Solution IPO

Zinka Logistics Solutions Ltd

₹13,986 /54 sharesMinimum Investment

Zinka Logistics Solution IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹273.00₹280.90₹7.90 (2.89%)

Zinka Logistics Solution IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
13 Nov ‘24 - 18 Nov ‘24₹13,98654₹259 - ₹273
Issue SizeIPO Doc
1114.72Cr
RHP PDF

Subscription rate

As of 18 Nov'24, 04:00 PM
Qualified Institutional Buyers2.53x
Non-Institutional Investor0.2x
Retail Individual Investor1.49x
Employees9.2x
Total1.69x

About Zinka Logistics Solution

BlackBuck is a digital platform designed specifically for truck operators and is operated in India. The platform offers essential services to streamline their operations. Through the BlackBuck app, truck operators can handle toll and fuel payments, track drivers and fleets with telematics, connect with loads on a marketplace, and access financing options for used vehicle purchases.;
Founded in
2015
Managing director
Mr. Rajesh Kumar Naidu Yabaji
Parent organisation
Zinka Logistics Solutions Ltd

Strengths & Financials of Zinka Logistics Solution

Strengths
Risks
BlackBuck claims that as of March 31, 2024, the company had 963,345 truck operators across India using the company’s platform for transactions.
As of March 31, 2024, BlackBuck's products and services were available in 628 districts, covering 80% of India's districts, including all major transportation hubs and 75% of the toll plaza network nationwide.
BlackBuck facilitates financing for used commercial vehicles, and by March 31, 2024, the company had disbursed 4,035 loans, totalling Rs 196.79 crore.
Truck operators use BlackBuck’s telematics services for tracking vehicles and monitoring fuel usage. In FY24, the platform had 356,050 average monthly active telematics devices in use.
To attract and engage customers, BlackBuck claims to have employed digital marketing, targeted app notifications, and 9,395 ground-based touchpoints (as of March 31, 2024) to support new customer acquisition and promote additional services to existing customers.
The company recorded a consistent increase in revenue from operations in the past few years. Revenue from operations increased from Rs 119.33 crore in FY22 to Rs 175.68 crore in FY23 to Rs 296.92 crore in FY24.

Zinka Logistics Solution Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Zinka Logistics Solution IPO

Apply asPrice bandApply upto
Regular259 - 273₹2 Lakh
Employee234 - 248₹2 Lakh
High Networth Individual259 - 273₹2 - 5 Lakh
For Zinka Logistics Solution IPO, eligible investors can apply as Regular & Employee.
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