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Zinka Logistics Solutions Ltd. IPO Details

Initial Public Offerings (IPOs) allow you to invest in companies going public. Zinka Logistics Solutions Ltd. goes public when it first sells its shares after being listed on BSE or NSE.

Zinka Logistics Solutions Ltd.
IPO Date: Nov 13 to Nov 18 2024
Listing Date: Nov 22 2024
Objective
1. Funding towards sales and marketing costs;
2. Investment in Blackbuck Finserve Private Limited, our NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements;
3. Funding of expenditure in relation to product development; and
4. General corporate purposes.
IPO Details
Face Value ₹ 1.00 Per Share
Issue Size ₹ 584.49 - 616.09 Cr
Price Band ₹ 259.00 - ₹ 273.00 Per Share
Market LOT 54 shares
Issue Type Book building
Business Description
We are India’s largest digital platform for truck operators (in terms of number of users), with 963,345 truck operators in th e country tra

...

nsacting on our platform in Fiscal 2024, which comprises 27.52% of India’s truck operators (Source: Redseer Report). India’s growing economy needs the support of robust logistical capabilities and small and medium size truck operators are the backbone of logistics in the country. These truck operators are served through value chains which are unorganized and fragmented, making their operations inefficient (Source: Redseer Report). We are on a mission to digitally empower India’s truck operators, helping them manage their business and grow their income. Using our platform, our customers (primarily comprising truck operators) digitally manage payments for tolling and fueling, monitor drivers and fleets using telematics, find loads on our marketplace and get access to financing for the purchase of used vehicles. Read More
Address
Address " Vaswani Presidio", No. 84/2, I I Floor Panathur Main Road, Kadubessanahalli Off Outer Ring Road
City Bengaluru
State Karnataka
Pincode 560103
Phone 8046481828
Email cs@blackbuck.com
Website www.blackbuck.com
About IPO
Listed At BSE/NSE
Lead Manager IIFL Securities Ltd.
Promoters
Rajesh Kumar Naidu Yabaji
Chanakya Hridaya
Ramasubramanian Balasubramaniam
Promoter's Holding
Registrar

K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)

040 - 67162222/18003094001
einward.ris@kfintech.com
www.kfintech.com
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Frequently asked questions

What is an IPO?

An Initial Public Offering (IPO) is when a private company sells shares to the public for the first time, enabling investors to purchase these shares and gain partial ownership in the business. For instance, if a well-known tech firm wants to grow and requires additional funds, it might choose to go public through an IPO. During this process, investors can buy shares, and the company’s stock starts trading on the stock exchange on the day of the IPO listing.

Investors can apply for an IPO through their bank or brokerage account. Many trading platforms have a specific section for IPOs where users can submit their applications online.

The primary market is where shares are offered to the public for the first time via an IPO. After the IPO, shares are traded on the secondary market (stock exchange), where existing shareholders can sell to new buyers.

Investing in an IPO offers the opportunity to become an early investor in companies with high growth potential, at a price which may be lower than their post-listing market value. It provides a chance to participate in the company's growth journey from its early stages. However, IPO investments also come with inherent risks, such as market volatility and uncertainties about the company's future performance.

The price of an IPO is established through a systematic process known as "book building." In this method, investors bid within a given price range, and the final price is set based on demand and market conditions. Several factors play a crucial role in determining the IPO price, including:

  • Past Financial Performance: Evaluating the company's revenue, profits, and financial stability over time
  • Growth Potential: Assessing future prospects based on the company's business model and market opportunities
  • Industry Peers: Comparing valuation metrics with similar companies in the same sector
  • Larger Industry Picture: Analysing overall industry trends and economic conditions that could impact the company's performance

The lock-in period for IPO shares refers to a duration during which specific investors are restricted from selling their shares post-listing. This period varies based on the type of investor:

  • Promoters: The lock-in period for promoters ranges from 6 months to 18 months, ensuring their commitment to the company's long-term growth
  • Anchor Investors: Typically, anchor investors face a shorter lock-in period of 30 to 90 days, depending on regulatory norms and the specific IPO

IPOs can be volatile and may not perform as expected in the short term. Investors risk losing capital if the stock price drops after listing, especially if the company does not meet its growth projections.

Information on upcoming IPOs is often available through brokerage platforms, financial news sites, and regulatory bodies like SEBI, which publishes details on companies going public. You can also get these details under the upcoming IPO section on Bajaj Markets.

Eligibility for an IPO typically includes:

  • Retail Investors: Individuals who invest in smaller amounts, usually under the “retail investor” category, with certain limits
  • Qualified Institutional Buyers (QIBs): Entities like mutual funds, banks, and insurance companies, who invest large sums
  • Non-Institutional Investors (NIIs): High-net-worth individuals or entities investing above the retail threshold

Investors must have a Demat and trading account to apply, and in some cases, certain financial or residency qualifications may apply depending on local regulations.

SME (Small and Medium Enterprise) IPOs generally carry higher risk but may provide significant growth potential. Investors should research the company’s stability, financials, and sector risks, as SME stocks can be more volatile compared to large-cap companies.

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Disclaimer

This content is for educational purpose only and the same should not be construed as investment advice. Bajaj Finserv Direct Limited shall not be liable or responsible for any investment decision that you may take based on this content.

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