What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Zinka Logistics Solutions Limited IPO?

Zinka Logistics Solutions Limited IPO has received a total subscription of 1.87 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Zinka Logistics Solutions Limited

ListedMainboard

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

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

1.87x

Total Demand

QIB Multiplier

0.26x

Institutions & Funds

NII / HNI

0.04x

High Net-Worth

Retail (RII)

0.90x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.87x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Shareholder	—	—	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.52x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	77,589	128,552	1.66x
HNIs(10L +)	5,542	980	0.18x
HNIs (2-10L)	2,771	991	0.36x
Total Applications	85,902	130,523	1.52x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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 Schedule:

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 is Zinka Logistics Solutions Limited IPO GMP today?

Currently, Zinka Logistics Solutions Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹259 to ₹273 per equity share.

What is the expected profit per lot for Zinka Logistics Solutions Limited IPO?

The retail lot size is 54 shares requiring a minimum application amount of ₹14,742. Expected listing price is ₹273 per equity share.

What is the issue size and price band for Zinka Logistics Solutions Limited IPO?

The Zinka Logistics Solutions Limited IPO aggregate issue size is ₹1,114.72 Crores with an equity price band set at ₹259 to ₹273 per equity share. The retail lot size is 54 shares requiring a minimum capital outlay of approx. ₹14,742.

How can I check Zinka Logistics Solutions Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.87x (Retail: 0.90x, QIB: 0.26x, NII: 0.04x). You can track live multiples directly on our dedicated subscription page.

Where and when will Zinka Logistics Solutions Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-11-20. Investors can verify status using PAN card or application number.

When is the listing date for Zinka Logistics Solutions Limited IPO?

Zinka Logistics Solutions Limited shares are scheduled to list on NSE and BSE on 2024-11-22.