Zinka Logistics, Mangal Compusolution, and Onyx Biotech IPOs - Check GMP, Subscription and Key Detai
Team FS
14/Nov/2024
Key Takeaways for Investors
Zinka Logistics focuses on digital logistics solutions for truck operators through telematics, payments, and vehicle financing. Its IPO includes fresh shares and an Offer for Sale. While current Grey Market Premium suggests little speculative interest, the company’s position in logistics tech could appeal to long-term investors.
Mangal Compusolution offers hardware and software rental solutions across India’s IT sector, with over two decades of industry experience. Although its IPO size is modest, it has achieved consistent revenue, making it a reliable option within the SME segment.
Onyx Biotech specializes in pharmaceuticals and biotech R&D. With a robust anchor investment and positive GMP, this IPO has attracted attention, especially among retail investors interested in biotech innovations and health-tech.
Onyx Biotec Ltd. is a leading pharmaceutical company engaged in the manufacture and sale distribution of generic and proprietary pharmaceutical products.
Onyx Biotec Ltd. established in 2009, develops, manufactures and distributes generic and branded pharmaceutical products in various forms like (WFI) Water for Injection, Dry Powder Injections, Dry Powder Syrup.
Onyx Biotec, an Fixed Price Issue amounting to ₹29.34 Crores, consisting entirely an Fresh Issue of 48.1 Lakh Shares. The subscription period for the Onyx Biotec 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 NSE SME with a tentative listing date set on or about Thursday, November 21, 2024.
The Share price of Onyx Biotec IPO is set at ₹58 to ₹61 per equity share. The Market Capitalisation of the Onyx Biotec Limited at IPO price of ₹61 per equity share will be ₹110.60 Crores. The lot size of the IPO is 2,000 shares. Retail investors are required to invest a minimum of ₹1,22,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹2,44,000.
Horizon Management Private Limited is the book-running lead manager while MAS SERVICES LIMITED is the registrar for the Issue. Giriraj Stock Broking Private Limited is the Market Maker for the Onyx Biotec IPO.
Onyx Biotec Limited IPO GMP Today
The Grey Market Premium of Onyx Biotec 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.
Onyx Biotec Limited IPO Live Subscription Status Today: Real-Time Updates
As of 12:00 PM on 14 November 2024, the Onyx Biotec IPO live subscription status shows that the IPO subscribed 5.34 times on its Second day of subscription period. Check the Onyx Biotec IPO Live Subscription Status today at NSE.
Onyx Biotec Limited IPO Anchor Investors Report
Onyx Biotec Exports has raised ₹8.33 Crore from Anchor Investors at a price of ₹61 per shares in consultation of the Book Running Lead Managers. The company allocated 13,66,000 equity shares to the Anchor Investors. Check Full List of Onyx Biotec 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.
Onyx Biotec Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online s
Onyx Biotec IPO allotment date is 19 November, 2024, Tuesday. Onyx Biotec IPO Allotment will be out on 19th November 2024 and will be live on Registrar Website from the allotment date. Check Onyx Biotec IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Onyx Biotec 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 Onyx Biotec Limited IPO
Onyx Biotec Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. ₹607.70 Lakhs is required for the Upgradation of existing manufacturing Unit I to manufacture large volume parentals for intravenous use;
2. ₹124.05 Lakhs is required for the Setting up a high-speed cartooning packaging line at existing manufacturing Unit II for Dry Powder Injections;
3. ₹1,200.00 Lakhs is required for the Prepayment or repayment of all or a portion of certain loans availed by our Company; and
4. General Corporate Purposes.
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 Thursday, November 21, 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 12:00 PM on 14 November 2024, the Zinka Logistics Solutions IPO live subscription status shows that the IPO subscribed 0.29 times on its Second 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.