IPO Trending
BLACKBUCKEQ / NSE, BSEListed
Zinka Logistics Solutions

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.

drhpanchor
₹259 - ₹273Open
Listed Price₹280.90
Listing Gain+2.89%

IPO Schedule & Timeline

Bookbuilding IPO
Open13 Nov 2024
Close18 Nov 2024
Allotment20 Nov 2024
Listing22 Nov 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,22,42,611 shares
54.48%
HNI61,21,305 shares
27.24%
Retail40,80,870 shares
18.16%
Employee26,000 shares
0.12%

Minimum Application Lots

Retail1 Lot (54 shares)
₹14,742
sHNI14 Lots (756 shares)
₹2,06,388
bHNI68 Lots (3,672 shares)
₹10,02,456

Company Promoters

Rajesh Kumar Naidu YabajiChanakya HridayaRamasubramanian Balasubramaniam

Company Background

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 indu...

Lead Managers & Bankers

Axis Capital LimitedMorgan Stanley India Company Private LimitedJm Financial LimitedIIFL Capital Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-24)₹98.33 Cr
Growth-37.0%
Revenue Trend (₹ in Crores)
0.0121.3242.7364.0Mar-22Mar-23Mar-24Jun-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-2498.3332.38629.41161.01
Mar-24316.51-193.95654.32173.74
Mar-23195.09-290.5654.25165.84
Mar-22156.13-284.56899.68199

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-241.769.93%1.50%-2237.2
Mar-24-9.06-53.64%-33.84%-22-24.84
Mar-23-12.93-67.16%-45.03%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
20 Nov 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
22 Nov 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Zinka Logistics Solutions. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Nov 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date22 Nov 2024Trading commences on exchange

How to Check Zinka Logistics Solutions Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Zinka Logistics Solutions from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Zinka Logistics Solutions IPO

Complete issue overview for Zinka Logistics Solutions (BLACKBUCK) IPO. The issue features an equity share price band of ₹259 – ₹273 per share with a minimum retail lot size of 54 Shares (minimum application amount of ₹14,742). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions