73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Zinka Logistics Solution IPO (Zinka Logistics Solution Limited IPO) Detail

Zinka Logistics Solution IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1114.72 Cr. The company is based in Bangalore and caters to Online Service Provider sector. Axis Capital , Il&Fs Investsmart Securities , Jm Financial , Morgan Stanley India Company are the merchant bankers of Zinka Logistics Solution IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th July 2024.

Zinka Logistics Solution IPO open date is 13th November 2024 and close date is 18th November 2024. IPO Allotment Date is 19th November 2024 and Listing date is 22nd November 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 1114.72 Cr. Avg IPO Size (Sector Based) : ₹ 2,131.73 cr.
  • Sector: Online Service Provider IPO so far: 14
  • Merchant Banker: Axis Capital IPO by BRLM so far: 161
  • City: Bangalore IPO so far: 44
  • Revenue (annualised): ₹ 393.32 cr.
            PAT: (annualised): ₹ 129.52 cr. Read Financial Information >>
  • PE Ratio: 37.21x Average Sector PE Ratio: 23.64x

Zinka Logistics Solution IPO Date

Date of DRHP:
5th July 2024
IPO Open Date:
13th November 2024
IPO Close Date:
18th November 2024
IPO Allotment Date:
19th November 2024
Initiation of Refund:
20th November 2024
IPO Listing Date:
22nd November 2024

Zinka Logistics IPO Info, Size, Subscription

Zinka Logistics Solution IPO size is ₹ 1114.72 Cr. with IPO price of ₹ 273.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 1114.72 Cr.

Issue Price:
₹ 273.00

Market Capitalisation :
₹ 4817.81 Cr.

PE multiple :
37.21

Subscription :
1.87 times

Pre Issue Promoter Holding :
32.91 %

Post Issue Promoter Holding :
27.84 %

Zinka Logistics Solution IPO Information

Sub Sector : digital platform for the truck owners to manage their entire fleet
Zinka Logistics Solution Limited is the India’s largest digital platform for truck operators (in terms of number of users), with 963,345 truck operators in the country transacting on the 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). They are on a mission to digitally empower India’s truck operators, helping them manage their business and grow their income. Using the platform, their customers (primarily comprising truck operators) digitally manage payments for tolling and fueling, monitor
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Object of Issue (Zinka Logistics IPO Objectives)

  • Funding towards sales and marketing costs
  • Investment in Blackbuck Finserve Private Limited, its NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements
  • Funding of expenditure about product development
  • General Corporate Purposes

Axis Capital Limited is the book-running lead manager of the Zinka Logistics Solution IPO. Kfin Technologies Limited is the Registrar for Zinka Logistics Solution IPO.

Zinka Logistics Solution IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Zinka Logistics Solution IPO?

Zinka Logistics Solution IPO, based in Bangalore, operates in the   Online Service Provider sector with a focus on digital platform for the truck owners to manage their entire fleet. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Zinka Logistics Solution IPO size is ₹ 1114.72 Cr. with fresh issue size of ₹ 550.00 Cr. and Offer for sale being ₹ 564.72Cr.

When is Zinka Logistics IPO allotment?

The IPO allotment date for Zinka Logistics Solution IPO is expected to be 19th November 2024, after the finalization of basis of allotment. Investors can check Zinka Logistics Solution IPO allotment status on the registrars website, Kfin Technologies Limited . Zinka Logistics Solution IPO refund dates are 20th November 2024.

When is Zinka Logistics Solution IPO listing date?

Zinka Logistics Solution IPO is expected to be listed on 22nd November 2024.

What is the price band for Zinka Logistics IPO?

The upper price band for the Zinka Logistics Solution IPO is set at ₹ 273.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Zinka Logistics Solution IPO Review?

For IPO analysis on Zinka Logistics Solution IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Zinka Logistics Solution IPO?

To apply for the Zinka Logistics Solution IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th November 2024. After submission, funds are blocked until the basis of allotment of Zinka Logistics Solution IPO is finalised.

Who is the merchant banker of Zinka Logistics IPO?

The merchant banker for Zinka Logistics Solution IPO is Axis Capital Limited , Il&Fs Investsmart Securities Limited , Jm Financial Limited , Morgan Stanley India Company Private Limited . Axis Capital Limited , Il&Fs Investsmart Securities Limited , Jm Financial Limited , Morgan Stanley India Company Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Zinka Logistics Solution IPO RHP for further details.

Who is the Registrar of Zinka Logistics Solution IPO?

The registrar for Zinka Logistics Solution IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Zinka Logistics Solution IPO through their official website or helpline.

What is the Zinka Logistics Solution IPO subscription?

Zinka Logistics Solution IPO was subscribed 1.87 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Zinka Logistics Solution IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Zinka Logistics Solution Financial Review Page

Zinka Logistics Solution IPO subscription was 1.87 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Zinka Logistics Solution IPO listed at a listing price of 261.00 against the offer price of 273.00.

The current market price of Zinka Logistics Solution is 440.10.

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