Zinka Logistics Solutions Limited IPO GMP Today Live Updates - Check Latest IPO GMP Today before Applying

Zinka Logistics Solutions (Blackbuck) IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

IPO Details IPO GMP IPO Subscription Reviews About Company IPO Timeline KPI Financial Information Peer Comparison Allotment

Zinka Logistics Solutions (Blackbuck) Limited IPO GMP

BlackBuck is a platform providing payments, telematics, loads marketplace and vehicle financing services. These solutions aim to digitally empower truck operators and help them operate their business effectively and efficiently. The customers rely on the BlackBuck app for running the day-to-day operations of their business, including tolling and fueling payments, vehicle and fuel levels tracking and loads matching.

Zinka Logistics Solutions, an Fixed Price Issue amounting to ₹1,114.72 Crores, consisting an Fresh Issue of 201.46 Lakh Shares worth ₹550.00 Crores and an Offer for Sale of 206.85 totalling to ₹564.72 Crores. The subscription period for the Zinka Logistics Solutions IPO opens on November 13, 2024, and closes on November 18, 2024. The allotment is expected to be finalized on or about Tuesday, November 19, 2024, and the shares will be listed on the BSE & NSE with a tentative listing date set on or about Friday, November 22, 2024.

The Share price of Zinka Logistics Solutions IPO is set at ₹259 to ₹273 per equity share. The Market Capitalisation of the Zinka Logistics Solutions Limited at IPO price of ₹273 per equity share will be ₹4,817.81 Crores. The lot size of the IPO is 54 shares. Retail investors are required to invest a minimum of ₹14,742, while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (756 shares), amounting to ₹2,06,388.

Axis Capital Limited, Morgan Stanley India Company Private Limited, JM Financial Limited and IIFL Capital Services Limited are the book-running lead manager while Kfin Technologies Limited is the registrar for the Issue.

Zinka Logistics Solutions Limited IPO GMP Today
The Grey Market Premium of Zinka Logistics Solutions Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Zinka Logistics Solutions Limited IPO Live Subscription Status Today: Real-Time Updates
As of 07:10 PM on 18 November 2024, the Zinka Logistics Solutions IPO live subscription status shows that the IPO subscribed 1.86 times on its Final day of subscription period. Check the Zinka Logistics Solutions IPO Live Subscription Status today at BSE.

Zinka Logistics Solutions IPO Anchor Investors Report
Zinka Logistics Solutions has raised ₹501.33 Crores from Anchor Investors at a price of ₹273 per shares in consultation of the Book Running Lead Managers. The company allocated 1,83,63,915 equity shares to the Anchor Investors. Check Full List of Zinka Logistics Solutions Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Zinka Logistics Solutions Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online s
Zinka Logistics Solutions IPO allotment date is 19 November, 2024, Tuesday. Zinka Logistics Solutions IPO Allotment will be out on 19th November 2024 and will be live on Registrar Website from the allotment date. Check Zinka Logistics Solutions IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Zinka Logistics Solutions Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Zinka Logistics Solutions Limited IPO
Zinka Logistics Solutions Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹2,000.00 Million is required for the Funding towards sales and marketing costs;
2. ₹1,400.00 Million is required for the Investment in Blackbuck Finserve Private Limited, our NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements;
3. ₹750.00 Million is required for the Funding of expenditure in relation to product development; and
4. General corporate purposes.