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BLACKBUCKEQ / NSE, BSEListed

Zinka Logistics Solutions Limited

Founded in April 2015, Zinka Logistics Solution Limited, popularly known as BlackBuck, is one of India’s largest digital platforms for truck operators, enabling services across payments, telematics, load marketplace, and vehicle financing. In FY 2024, around 9.63 lakh truck operators (27.52% of India’s total) engaged with the platform, reflecting strong industry penetration. BlackBuck processed payments worth ₹1,73,961.93 million (GTV) through its app by March 31, 2024, and supported improved logistics efficiency with an average of 3.56 lakh active telematics devices every month. In addition, the company has facilitated 4,035 vehicle loans totalling ₹1,967.88 million, providing financing solutions across 48 districts in seven states. As of March 31, 2024, BlackBuck employed 4,289 personnel.

₹259 - ₹2731.87x sub
Listed Price280.90
Listing Gain+2.89%
TimelineBookbuilding IPO
Open13 Nov 2024
Close18 Nov 2024
Allotment20 Nov 2024
Listing22 Nov 2024

Quota Reservation Portions

QIBPortion: 1,22,42,611 shares
54.48%
HNIPortion: 61,21,305 shares
27.24%
RetailPortion: 40,80,870 shares
18.16%
EmployeePortion: 26,000 shares
0.12%

Minimum Application Bracket Matrix

Retail1 lots / 54 shares
₹14,742
sHNI14 lots / 756 shares
₹2,06,388
bHNI68 lots / 3,672 shares
₹10,02,456

About the Company

Founded in April 2015, Zinka Logistics Solution Limited, popularly known as BlackBuck, is one of India’s largest digital platforms for truck operators, enabling services across payments, telematics, load marketplace, and vehicle financing. In FY 2024, around 9.63 lakh truck operators (27.52% of India’s total) engaged with the platform, reflecting strong industry penetration. BlackBuck processed payments worth ₹1,73,961.93 million (GTV) through its app by March 31, 2024, and supported improved logistics efficiency with an average of 3.56 lakh active telematics devices every month. In addition, the company has facilitated 4,035 vehicle loans totalling ₹1,967.88 million, providing financing solutions across 48 districts in seven states. As of March 31, 2024, BlackBuck employed 4,289 personnel.

Company Promoters

Rajesh Kumar Naidu YabajiChanakya HridayaRamasubramanian Balasubramaniam
Zinka Logistics Solutions Limited IPO Details | GMP, Allotment & Financials | IPO Trending