Zinka Logistics (Blackbuck) IPO Date, Review, Price, Allotment Details

Zinka Logistics IPO aka Blackbuck IPO open date is November 13, 2024 and the IPO will close on November 18, 2024. Zinka Logistics (Blackbuck) IPO is a Book Built Issue. The company to raise around ₹1,114.72 crores via IPO that comprises fresh issue of ₹550.00 crores and offer for sale up to 20,685,800 equity shares with face value of ₹1 each.

Blackbuck Services IPO price band is ₹259 to ₹273 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Blackbuck Services IPO to list on BSE & NSE on November 22, 2024. The allotment of Blackbuck Services IPO date is November 19, 2024.

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. As per the financials the IPO investors should apply the IPO for a long term.

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.

ApplicationLot SizeSharesAmount
Retail Minimum154₹14,742
Retail Maximum13702₹191,646
S-HNI Minimum14756₹206,388
B-HNI Minimum683,672₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
C.E. Info Systems Ltd24.7892.900.2012.09– 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

What is Zinka Logistics (Blackbuck) IPO?

Blackbuck aka Zinka Logistics IPO is a main-board IPO. The company is going to raise ₹1,114.72 Crores via IPO. The issue is priced at ₹259 to ₹273 per equity share. The IPO is to be listed on BSE & NSE.

When Blackbuck Services IPO will open for subscription?

The IPO is to open on November 13, 2024 for QIB, NII, and Retail Investors. The IPO will close on November 18, 2024.

What is Blackbuck Services IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Blackbuck Services IPO?

You can apply for Blackbuck Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Blackbuck Services IPO Issue Size?

Blackbuck Services IPO issue size is ₹1,114.72 crores.

What is Blackbuck Services IPO Price Band?

Blackbuck Services IPO Price Band is ₹259 to ₹273.

What is Blackbuck Services IPO Lot Size?

The minimum bid is 54 Shares with ₹14,742 amount.

What is the Blackbuck Services IPO Allotment Date?

Blackbuck Services IPO allotment date is November 19, 2024.

What is the Blackbuck Services IPO Listing Date?

Blackbuck Services IPO listing date is November 22, 2024. The IPO is to list on BSE & NSE.

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).
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