Zinka Logistics Solutions Limited
ListedMainboardIndustrials · NSE / BSE
Founded in April 2015, Zinka Logistics Solution Limited, popularly known as BlackBuck, is one of India’s largest digital platforms for truck operators, enabling services across payments, telematics, load marketplace, and vehicle financing. In FY 2024, around 9.63 lakh truck operators (27.52% of India’s total) engaged with the platform, reflecting strong industry penetration. BlackBuck processed payments worth ₹1,73,961.93 million (GTV) through its app by March 31, 2024, and supported improved logistics efficiency with an average of 3.56 lakh active telematics devices every month. In addition, the company has facilitated 4,035 vehicle loans totalling ₹1,967.88 million, providing financing solutions across 48 districts in seven states. As of March 31, 2024, BlackBuck employed 4,289 personnel.
Price Band
₹259 – ₹273
Issue Size
₹1115 Cr
Lot Size
54 shares
GMP
—
Est. Listing
₹273
at current GMP
Subscribed
1.87x
overall
Open
13 Nov 2024
Close
18 Nov 2024
Allotment
20 Nov 2024
Refund
21 Nov 2024
Demat Credit
22 Nov 2024
Listing
22 Nov 2024
Last updated 12 days ago
Official Registrar Verification
Zinka Logistics Solutions Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
20 Nov 2024
Basis finalization
Refunds Initiate
21 Nov 2024
Mandate release
Demat Credit
22 Nov 2024
Shares in demat
Listing Debut
22 Nov 2024
Trading begins
How to Check Zinka Logistics Solutions Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Zinka Logistics Solutions Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Zinka Logistics Solutions Limited Public Issue & Market Profile
Zinka Logistics Solutions Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹1,114.72 Crores. The shares are offered at a price band of ₹259 to ₹273 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 54 shares (approx. ₹14,742 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-11-22, while un-allotted funds or UPI block mandates will be released on 2024-11-21.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.