✓
Open
13 Nov 2024
✓
Close
18 Nov 2024
3
Allotment
—
✓
Listing
Fri, Nov 22, 2024
Price Band
₹259 to ₹273
Issue Size
4,08,34,377 shares (agg. up to ₹1,115 Cr)
Lot Size
54 Shares
Listing Date
Fri, Nov 22, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
22-11-2024₹0Est. ₹273+0%
21-11-2024₹0Est. ₹273+0%
20-11-2024₹0Est. ₹273+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.34x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 629.41 | 654.32 | 654.25 | 899.68 |
| Total Income | 98.33 | 316.51 | 195.09 | 156.13 |
| Profit After Tax | 32.38 | -193.95 | -290.50 | -284.56 |
| NET Worth | 344.98 | 311.29 | 352.66 | 585.08 |
| Reserves and Surplus | 339.07 | 311.03 | 66.55 | 377.58 |
| Total Borrowing | 161.01 | 173.74 | 165.84 | 199.00 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding towards sales and marketing costs; | 200.00 |
| 2 | Investment in Blackbuck Finserve Private Limited, the NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements; | 140.00 |
| 3 | Funding of expenditure in relation to product development; and | 75.00 |
| 4 | General corporate purposes | 135.00 |
About Zinka Logistics Solutions IPO
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 strength India’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 cu
Contact Details
Zinka Logistics Solutions Ltd. AddressVaswani Presidio, no.84/2II Floor, Panathur Main Road, KadubeesanahalliOff Outer Ring-RoadBengaluru, Karnataka, 560103+91 8046481828cs@blackbuck.comVisit Website