Blackbuck IPO (Zinka Logistics) Details
| IPO Open Date: | November 13, 2024 |
| IPO Close Date: | November 18, 2024 |
| Face Value: | ₹1 Per Equity Share |
| IPO Price Band: | ₹259 to ₹273 Per Share |
| Issue Size: | Approx ₹1,114.72 Crores |
| Fresh Issue: | Approx ₹550 Crores |
| Offer for Sale: | Approx 20,685,800 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Blackbuck IPO Market Lot
The Blackbuck Services IPO minimum market lot is 54 shares with ₹14,742 application amount. The retail investors can apply up-to 13 lots with 702 shares or ₹191,646 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 54 | ₹14,742 |
| Retail Maximum | 13 | 702 | ₹191,646 |
| S-HNI Minimum | 14 | 756 | ₹206,388 |
| B-HNI Minimum | 68 | 3,672 | ₹1,002,456 |
Blackbuck IPO (Zinka Logistics) Dates
The Blackbuck Services IPO date is November 13, 2024 and the close date is November 18, 2024. The Blackbuck Services IPO allotment will be finalized on November 19, 2024 and the IPO listing on November 22, 2024.
| IPO Open Date: | November 13, 2024 |
| IPO Close Date: | November 18, 2024 |
| Basis of Allotment: | November 19, 2024 |
| Refunds: | November 20, 2024 |
| Credit to Demat Account: | November 20, 2024 |
| IPO Listing Date: | November 22, 2024 |
Promoters of Blackbuck IPO
The promoters of the company are Rajesh Kumar Naidu Yabaji, Chanakya Hridaya and Ramasubramanian Balasubramaniam..
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.
Blackbuck IPO Company Financial Report
The company reported revenue of ₹316.51 crores in 2024 against ₹195.09 crore in 2023. The company reported loss of ₹193.95 crores in 2024 against loss of ₹290.5 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹156.13 | ₹386.24 | ₹284.56 | ₹899.68 |
| 2023 | ₹195.09 | ₹431.77 | ₹290.5 | ₹654.25 |
| 2024 | ₹316.51 | ₹483.42 | ₹193.95 | ₹654.32 |
Blackbuck IPO Valuation – FY2024
Check Blackbuck Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | NA |
| Earning Per Share (EPS): | –₹10.52 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | –53.64% |
| Net Asset Value (NAV): | ₹16.89 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| C.E. Info Systems Ltd | 24.78 | 92.90 | 0.20 | 12.09 | – Cr. |
Objects of the Issue
- Funding towards sales and marketing costs;
- Investment in Blackbuck Finserve Private Limited, its NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements;
- Funding of expenditure about product development; and
- General corporate purposes.
Zinka Logistics aka Blackbuck IPO Review
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Blackbuck Services IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Axis Capital Limited
- Morgan Stanley India Company Pvt Ltd
- Jm Financial Limited
- Iifl Securities Ltd
Company Address
Zinka Logistics Solution Limited
Vaswani Presidio, no. 84/2,
II Floor, Panathur Main Road, Kadubeesanahalli,
Off Outer Ring-Road, Bengaluru 560103,
Phone: +91 8046481828
Email: [email protected]
Website: https://www.blackbuck.com/
Blackbuck Services IPO FAQs
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Note: The Blackbuck Services IPO price band and date are officially announced. The (Blackbuck Services IPO grey market premium) will be added to the IPO GMP page as it will start).
