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Zinka Logistics Solutions Limited

  • Minimum Investment
    ₹13,986
  • Price Range
    ₹259 - ₹273
  • Issue Size
    ₹1,114.72 Cr
  • Lot Size
    54 shares

Proceeds of this IPO to be used for

Funding towards sales and marketing cost.

Investment in Blackbuck Finserve Private, its NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements.

Funding of expenditure in relation to product development.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Zinka Logistics Solutions Limited

India’s largest digital platform for truck operators

The company is India’s largest digital platform for truck operators (in terms of number of users) as of March 31, 2024, according to the Redseer Report, and it facilitated over 413.34 million transactions for 963,345 annual transacting truck operators in FY24

Strong network effects

The company has a wide network of truck operators built over nine years of operations. It has been able to build a nationwide truck operator base through targeted digital and telemarketing campaigns and effective nationwide on-ground teams. Through this, it has been able to grow the customer base of annual transacting truck operators to 963,345 in FY24 from 482,446 in FY22

Scalable and reliable in-house technology

The company has a dedicated in-house product, engineering, and data science team that develops technology layers enabling its comprehensive suite of solutions to address these challenges. The team is assisted by inputs from its customers to ensure continuous feedback-driven new product development

Dependent on business partners

The company depends on its business partners in the payments and vehicle financing offerings. Its partners in its payments offering contribute to a significant portion of revenues (45.26% of total revenue from continuing operations in FY24). The loss of any such partners may adversely affect the business, results of operations, and financial condition

Concentrated revenue source

The company's revenues are significantly dependent on its payments and telematics offerings, which contributed 94.53% to total revenue from continuing operations in FY24. Any negative impact on these offerings could materially affect the business, results of operations, and financial condition

Dependent on certain key suppliers

The company depends on certain key suppliers to procure a significant portion of its vehicle tracking solutions. Any loss of the relationship with these suppliers or any supply chain disruption could adversely affect the business

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
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Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Zinka Logistics Solutions Limited

Zinka Logistics Solutions was incorporated in Bengaluru, Karnataka on April 20, 2015. The company is a digital platform for truck operators. Truck operators use the BlackBuck mobile application (the “BlackBuck App”) for their diverse business needs to recharge for tolling and fueling into the payment instrument of the FASTag and fuel partners.
  • Promoter
    Rajesh Kumar Naidu Yabaji
  • Promoter
    Chanakya Hridaya
  • Promoter
    Ramasubramanian Balasubramaniam

Zinka Logistics Solutions Limited IPO FAQs

What is Zinka Logistics Solutions Limited IPO?

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Zinka Logistics Solutions Limited IPO refers to the initial public offering of shares by Zinka Logistics Solutions Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Zinka Logistics Solutions Limited IPO?

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For Zinka Logistics Solutions Limited IPO the issue size is ₹1,115 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Zinka Logistics Solutions Limited IPO?

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For Zinka Logistics Solutions Limited IPO the minimum investment is ₹13,986. The minimum investment for Zinka Logistics Solutions Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Zinka Logistics Solutions Limited IPO?

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For Zinka Logistics Solutions Limited IPO the lot size is 54 shares. The lot size of Zinka Logistics Solutions Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Zinka Logistics Solutions Limited IPO on Share.Market?

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To apply for Zinka Logistics Solutions Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Zinka Logistics Solutions Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Zinka Logistics Solutions Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Zinka Logistics Solutions Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Zinka Logistics Solutions Limited IPO?

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For Zinka Logistics Solutions Limited IPO the allotment date is November 19, 2024. The allotment date of Zinka Logistics Solutions Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Zinka Logistics Solutions Limited IPO?

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For Zinka Logistics Solutions Limited IPO, the subscription opens on November 13, 2024 and closes on November 18, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
1.86x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
1.86x Oversubscribed
Trade