Zinka Logistics Solutions IPO
mainboardlistedAbout the company
Zinka Logistics Solutions Limited is India’s largest digital platform for truck operators as of FY24. It comprises 27.52% of India’s truck operators, with 963,345 truck operators in the country transacting on its platform. It operates the BlackBuck app and offers payments, telematics, loads marketplace and vehicle financing services to truck operators. As of 30 June 2024, it had 390,088 average monthly active telematics devices, 0.71 million load postings which enabled 133,369 truck operators, and disbursed 5,109 loans amounting to ₹252 crore.
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
Completed13 Nov 2024Bidding starts for all investor categories
IPO Closes
Completed18 Nov 2024Last day to place your bid
Basis of Allotment
Completed19 Nov 2024Share allotment finalised
Refund Initiation
Completed20 Nov 2024Refunds credited for non-allottees
Credit to Demat
Completed20 Nov 2024Allotted shares credited to demat account
Listing on Exchange
Completed22 Nov 2024Shares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 54 | ₹14,742 | 13 | ₹191,646 | ≤ ₹2,00,000 |
| sHNI (Small HNI) | 14 | 756 | ₹206,388 | 67 | ₹987,714 | ₹2L – ₹10L |
| bHNI (Big HNI) | 68 | 3672 | ₹1,002,456 | 73 | ₹1,076,166 | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | 20,939,850 | 557 | 0 | 0.00x | 100% |
| NII | 15% | 6,281,955 | 167.1 | 0 | 0.00x | 100% |
| Retail | 35% | 14,657,895 | 389.9 | 0 | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).
