ZINKA LOGISTICS SOLUTIONS LIMITED

13 Nov 2024 - 18 Nov 2024 Individual Category IPO BSE NSE

Min Investment

₹14742

Price Band

₹259-₹273

Issue Size

225.67 lakhs
Equity Shares

Lot Size

54

IPO Dates
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13 Nov 2024

Open Date

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18 Nov 2024

Close Date

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19 Nov 2024

Allotment Date

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21 Nov 2024

Listing Date

Zinka Logistics Solutions IPO issue size is 4.19 crore equity shares. This IPO is a combination of a fresh issue and an offer for sale. The price band is decided at Rs 259 to Rs 273 per share. Zinka Logistics Solutions IPO 1 lot consists of 54 shares. The minimum investment for the retail category is to be around Rs 14,742.  The allotment status will be released on Tuesday, November 19, 2024. The listing will be on the BSE, NSE platform on Thursday, November 21, 2024.  Zinka Logistics Solutions IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on Kfin Technologies and, select the name of the company and enter PAN number or application ID to know their allotment status.

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About Zinka Logistics Solutions Limited

Zinka Logistics Solutions Limited, operating under the brand BlackBuck, is a leading digital platform for truck operators in India. Established in 2015 and headquartered in Bengaluru, Zinka connects shippers with fleet operators, facilitating efficient freight transportation. The company boasts over 963,000 truck operators on its platform, representing approximately 27.5% of India's trucking industry. Zinka's services include digital payment solutions for tolls and fuel, telematics for fleet management, and access to financing options. Recently, Zinka announced its IPO, aiming to raise ₹1,114.72 crores to enhance its growth trajectory. With a strong focus on technology and customer service, Zinka is positioned as a pivotal player in transforming the logistics landscape in India

Founded

2015

Managing Director

Rajesh Kumar Naidu Yabaji

Parent Organization

IPO Objectives

Zinka Logistics IPO objective is to raise funds from the general public. The funds will be used in the investment in the subsidiary and allocated for funding toward sales and marketing costs. Also to fund the expenditure in the product development.  The remaining funds will be used for meeting the working capital requirements.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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