Zinka Logistics IPO GMP, Price, Date, Allotment

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Zinka Logistics IPO GMP

Zinka Logistics IPO Description – Zinka Logistics is a digital platform for truck operators through the “BlackBuck” mobile application, using its platform, truck operators digitally manage payments for tolling and fueling, monitor drivers and fleets using telematics, find loads on its marketplace, and get access to financing for the purchase of used vehicles. In FY 2024, the company’s monthly transacting truck operators were active for more than 16.18 days in a month and on average spent 39.56 minutes daily, on the BlackBuck App.

Among new-age digital platforms in the trucking sector, Zinka Logistics has the largest physical network across India and as of 31 March 2024, it has sold and serviced products across 628 districts constituting 80% of India’s districts, including in all major transportation hubs and across 75% of the toll plaza network in India. It has a digitally enabled network of 9,395 touchpoints to conduct onboarding and servicing activities as of 31 March 2024.

The company derives revenues primarily through commission income from payment offerings, subscription fees from a combination of telematics, payments and loads marketplace offerings, and service fees from its vehicle financing offering.

As of 31 March 2024, Zinka Logistics has 1,783 employees on payroll.

Zinka Logistics IPO Allotment Status

Promoters of Zinka Logistics –  Rajesh Kumar NaiduYabaji, Chanakya Hridaya, and Ramasubramanian Balasubramaniam.


Zinka Logistics IPO Details

BlackBuck IPO DatesComing soon
Zinka Logistics Issue PriceComing soon
Fresh issueINR 550 crore
Offer For Sale2,16,09,022 shares
Total IPO sizeComing soon
Minimum bid (lot size)Coming soon
Face Value INR 1 per share
Retail Allocation10%
Listing OnNSE, BSE

Zinka Logistics Financial Performance

 FY 2022FY 2023 FY 2024
Revenue119.32175.68296.92
Expenses386.23431.77483.42
Net income(284.56)(290.50)(193.95)
Margin (%)(238.48)(165.36)(65.32)
Figures in INR Crores unless specified otherwise

Zinka Logistics Offer News


Zinka Logistics Valuations & Margins

FY 2022FY 2023
(Pre Issue)
FY 2024
(Post-Issue)*
EPS(16.51)(15.86)(10.52)
PE Ratio
* Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2022FY 2023FY 2024
RONW (%)(39.37)(67.16)(53.64)
NAV32.9219.2516.89
ROCE (%)(27.16)(45.03)(33.84)
EBITDA (%)(126.65)(109.22)(43.85)
Debt/Equity(5.49)2.334.83
*Compiled by IPO Central from Prospectus

Zinka Logistics IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
Coming soon

Zinka Logistics IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding towards sales and marketing costs – INR 200 crore
  • Investment in BlackBuck Finserve Private Limited for financing the augmentation of its capital base to meet its future capital requirements – INR 140 crore
  • Funding of expenditure with product development – INR 75 crore
  • General corporate purposes

Zinka Logistics IPO Subscription – Live Updates

Coming soon


Zinka Logistics – Comparison With Listed Peers

CompanyPE ratioEPSRONW (%)NAV
Zinka Logistics Solutions(10.52)(53.64)16.89
C.E. Info Systems92.9024.780.2012.09
FLEETCOR Technologies20.201,100.480.3036,78,737.81
Full Truck Alliance804.770.830.0619.76

Zinka Logistics IPO Allotment Status

Zinka Logistics IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.


BlackBuck IPO Dates & Listing Performance

IPO Opening DateComing soon
IPO Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Initiation of refundsComing soon
Transfer of shares to demat accountsComing soon
Zinka Logistics IPO Listing DateComing soon
Opening Price on NSEComing soon
Closing Price on NSEComing soon

Zinka Logistics IPO Reviews – Subscribe or Avoid?

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Zinka Logistics Offer Lead Manager

AXIS CAPITAL LIMITED
1st Floor, Axis House C-2 Wadia International Center
Pandurang Budhkar Marg, Worli Mumbai – 400 025 Maharashtra
Phone: +91 22 4325 2183
Email: [email protected]
Website: www.axiscapital.co.in


Zinka Logistics Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com


Zinka Logistics Contact Details

ZINKA LOGISTICS SOLUTIONS LIMITED
Vaswani Presidio, no. 84/2, II Floor, Panathur Main
Road, Kadubeesanahalli, Off Outer Ring Road,
Bengaluru 560 103, Karnataka, India
Phone: +91 8046481828
Email: [email protected]
Website: www.blackbuck.com


Zinka Logistics IPO FAQs

How many shares in Zinka Logistics IPO are reserved for HNIs and retail investors?

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

How to apply for Zinka Logistics Public Offer?

The best way to apply for Zinka Logistics public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Zinka Logistics IPO GMP today?

Zinka Logistics IPO GMP today is INR NA per share.

What is Zinka Logistics kostak rate today?

Zinka Logistics kostak rate today is INR NA per application.

What is Zinka Logistics Subject to Sauda rate today?

Zinka Logistics Subject to Sauda rate today is INR NA per application.

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