The BlackBuck is know as Zinka Logistics Solution Limited. The IPO has begun on 13-November-2024. It will close on 18-November-2024. The Total IPO Size is 1,114.72 Crores. The company set its IPO price is 259-273 Rs Per Share.
Basically, there are three basic categories in BlackBuck IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
BlackBuck is incorporated in 2015.
BlackBuck is the largest digital trucking platform in India.
It is the largest distributor and technology provider of FASTags for truck operators in Fiscal 2024 in terms of GTV. It is the largest player with a market share (in terms of GTV payment) of 32.92% in Fiscal 2024.
Among new-age digital platforms in the trucking sector, It has the largest physical network (in terms of number of touchpoints) across India as of March 31, 2024.
It is the largest fuel loyalty management platform for truck operators in India in terms of GTV in Fiscal 2024, with coverage enabling 72% of total fuel stations in India.
DisAdvantage
* : The business of the company depends on the payments and vehicle financing offerings partners.
* : The revenues are significantly dependent on the companies payments and telematics offerings, which contributed 94.53% to the total revenue from continuing operations in Fiscal 2024.
Promoters
Rajesh Kumar Naidu Yabaji, Chanakya Hridaya and Ramasubramanian Balasubramaniam are the Promoters of the company.
BlackBuck IPO Date, Details & Price Band
The BlackBuck IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 13-November-2024 |
| IPO Closing Dates | 18-November-2024 |
| Price Band | 269-273 Rs |
| Fresh Issue | 550.00 Crores |
| Offer for Sale | 564.72 Crores |
| Total IPO size | 1,114.72 Crores |
| Face Value | 1 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 75% |
| HNI Allocation | 15% |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
BlackBuck IPO Market Lot
The BlackBuck IPO minimum market lot is 54 shares With 14,742 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 54 | 14,742 ₹ |
| Retail Maximum | 13 | 702 | 191,646 ₹ |
| S-HNI Minimum | 14 | 756 | 206,388 ₹ |
| B-HNI Minimum | 68 | 3,672 | 1,002,456 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Jun-24 | 629.41 | 98.33 | 32.38 |
| 31-Mar-24 | 654.32 | 316.51 | -193.95 |
| 31-Mar-23 | 654.25 | 195.09 | -290.50 |
BlackBuck IPO GMP & Grey Market Premium
BlackBuck IPO GMP Grey market premium has been started today. Check Latest BlackBuck IPO GMP, Kostak Rates and Subject to Sauda Price here.
BlackBuck IPO Prospectus
BlackBuck IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download BlackBuck IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor List | Download |
BlackBuck IPO Form Download
BlackBuck IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download BlackBuck IPO forms.
BlackBuck IPO Allotment Date & Details
| Allotment Date | 19-November-2024 |
| Initiation of refunds | 20-November-2024 |
| Transfer of shares to Demat accounts | 20-November-2024 |
| Listing Date | 21-November-2024 |
| Check Allotment Status | Click here |
Registrar of BlackBuck
KFin Technologies Limited
Selenium,Tower-B, Plot No. 31 and 32 Financial
District Nanakramguda, Serilingampally
Hyderabad 500 032 Telangana, India
Tel: +91 40 6716 2222
E-mail: E-mail: [email protected]
Contact Person: M. Murali Krishna
Website: www.kfintech.com
SEBI Registration No.: INR000000221
BlackBuck Contact Details
Zinka Logistics Solution Limited
Vaswani Presidio, no. 84/2,
II Floor, Panathur Main Road, Kadubeesanahalli,
Off Outer Ring-Road, Bengaluru 560103,
Phone: +91 8046481828
Email: [email protected]
Website: https://www.blackbuck.com/
BlackBuck IPO Lead Managers
Axis Capital Limited
Morgan Stanley India Company Private Limited
JM Financial Limited
IIFL Securities Limited