The initial public offering (IPO) of Zinka Logistics Solution Limited hit the Indian primary market on 13th November 2024 and will remain open until 18th November 2024. This means investors have just one day to apply for the public issue worth ₹ 1,

The initial public offering (IPO) was priced in the range of Rs 259 to Rs 273 per equity share. The minimum lot size for the offer included 54 shares

The IPO of Zinka Logistics, operator of the BlackBuck platform, has been subscribed 34% by Monday morning, the final day of the bidding process. By 10:15 am, the issue received 78,26,166 bids out of the 2,

The allocation for qualified institutional buyers (QIBs) was booked 2.76 times, while the quota reserved for the retail investors saw a subscription of 1.62 times. The allocation for employees was booked 9.

Unlisted shares of Zinka Logistics Solutions Limited are trading at par in the grey market, indicating subdued investor sentiment ahead of the listing. Despite the company's efforts to attract interest through its anchor investments and strategic fund allocation,

The IPO of the parent of Flipkart-backed trucking aggregator BlackBuck consists of a fresh issue of shares worth Rs 550 crore and an offer-for-sale of up to Rs 565 crore. The price band of Rs 259 to Rs 273 per share values the company at Rs 4,

The public issues had been subscribed 1.85 times, the retail component 1.64 times, and the NII segment 0.23 times.

Zinka Logistics Solutions Ltd, a digital platform for truck operators, saw its IPO oversubscribed 1.86 times, with strong demand from QIBs and RIIs. The IPO raised over Rs 501 crore from anchor investors.

The company that owns the BlackBuck App has fixed the price band in the range of ₹259 to ₹273 for its IPO per equity share.

The company plans to list its shares on November 21, 2024, and the allotment will take place on November 19, 2024.