Zinka Logistics Solutions Limited

Company Profile
Company Name Zinka Logistics Solutions Limited
Open Date 13-11-2024
Close Date 18-11-2024
Exchange BSE, NSE
Lot Size 54 Shares
Issue Price ₹259 to ₹273 per share
Issue Size 4,08,32,320 shares
Application Amount ₹14,742 to ₹1,91,646 (54 to 702 shares)
Recommendation Avoid

Zinka Logistics Solutions Limited was originally incorporated on April 20, 2015. The registered office is located at Bengaluru, Karnataka. The company provides a platform to truck operators where they can digitally manage payments for tolling and fueling, monitor drivers and fleets using telematics, find loads on their marketplace and get access to financing for the purchase of used vehicles. The company had 1,849 full-time employees and 3,688 contract workers as of June 30, 2024.

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Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24
Revenue 119.33 175.68 296.92
EBITDA -221.89 -232.54 -158.37
Net Profit -230.35 -236.89 -166.99
RoCE -39.55% -69.15% -55.44%
ROE -39.37% -67.17% -53.64%
P/E - - -

Tentative Timeline

Opening Date 13/11/2024
Closing Date 18-11-2024
Basis of Allotment 19-11-2024
Initiation of Refunds 20-11-2024
Credit of Shares to Demat 20-11-2024
Listing Date 21-11-2024

Objects of the Issue

Funding towards sales and marketing costs
Investment in Blackbuck Finserve Private Limited for financing the augmentation of its capital base to meet its future capital requirements
Funding of expenditure in relation to product development
General corporate purposes

Contact Information

Registered Office 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 cs@blackbuck.com
Website https://www.blackbuck.com/

Registrar Details

Name KFin Technologies Limited
Phone 04067162222, 04079611000
Email zinka.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

Anchor Investor Shares Offered 1,83,63,915 (44.97%)
QIB Shares Offered 1,22,42,611 (29.98%)
Retail Shares Offered 40,80,870 (9.99%)
NII (HNI) Shares Offered 61,21,305 (14.99%)
Employee Shares Offered 26,000 (0.06%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 34.32%
Share Holding Post Issue (Promoters) 27.89%

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