Zinka Logistics (Blackbuck) IPO subscription started on Wednesday, November 13th, and will close on November 18th as per the schedule. The price band is set at ā¹259 to ā¹273 per share with a face value of ā¹1.Ā
Zinka Logistics (Blackbuck) IPO Subscription Status
Zinka Logistics (Blackbuck) IPO Subscribed over 0.24x on its first day till 5.00 PM on 13th November.
- Zinka Logistics (Blackbuck)Ā IPO subscription QIB investors portion is 0.25 times, while NII subscribed 0.02 times and RII investors subscribed 0.52 times.
- The company has received bids for 54,24,462 shares against 2,24,70,786 shares on offer on the first day of subscription.
- Zinka Logistics (Blackbuck)Ā IPO Subscribed over 0.24x on its first day.
About Zinka Logistics (Blackbuck)
Blackbuck was founded in 2015 and headquartered in Bengaluru, is recognized as the largest platform connecting truckers and shippers to help them operate their businesses efficiently. Its application enables users to create and fulfill orders while allowing consumers to make and receive calls for order confirmation. This company has satisfactory financial statements such as revenue has increased 62% compared to the previous year. Strong promoters, a management team, a reputed client profile, moderate concentration, and adequate liquidity position are counted as strengths of this company. As per increment, it is going to launch an IPO combination of a fresh issue of Rs 550.00 crore and an offer for sale of 2.16 crore shares.
Zinka Logistics (Blackbuck) Company Financial Report
The company reported revenue of ā¹316.51 crores in 2024 against ā¹195.09 crores in 2023. The company reported a loss of ā¹193.95 crores in 2024 against a loss of ā¹290.5 crores in 2023.
Zinka Logistics (Blackbuck) IPO GMP:
Zinka Logistics (Blackbuck) IPO GMP was ā¹0 as of Wednesday, November 13th. That indicates the IPO is trading at ā¹273 with ā¹0 premium in the grey market against the issue price of ā¹273.
