
Industrials · 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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹273
Band: ₹259 – ₹273
Estimated Listing Price
₹273
Upper price + GMP
Lot Size
54 shares
Min investment ₹14,742
Estimated Profit / Lot
₹0
54 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹273 |
| 30 Oct 2026 | — | 0.0% | ₹273 |
| 29 Oct 2026 | — | 0.0% | ₹273 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Zinka Logistics Solutions Limited IPO is ₹0, which indicates an expected listing price of ₹273.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.