BlackBuck IPO Details
| IPO Issue Open Date: | 13 November 2024 |
| IPO Issue Close Date: | 18 November 2024 |
| IPO Issue Price Band: | ₹259 to ₹273 Per Share |
| Face Value: | ₹10 Per Equity Share |
| IPO Issue Size: | ₹1,114.72 Crores | 40,832,320 shares |
| Fresh Issue: | ₹550.00 Crores | 20,146,520 shares |
| Offer for Sale: | ₹564.72 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing At: | BSE,NSE |
| IPO Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| Employee Discount: | ₹25 per share |
BlackBuck IPO Prospectus:
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
BlackBuck IPO Dates Timeline
| Issue Open Date: | 13 November 2024 |
| Issue Close Date: | 18 November 2024 |
| Basis of Allotment Date: | 19 November 2024 |
| Refunds Initiation: | 20 November 2024 |
| Shares Credit in Demat: | 20 November 2024 |
| IPO Listing Date Detail: | 21 November 2024 |
BlackBuck IPO Market Lot
| Application | Lot Size, Shares and Price Details |
| Retail (Min) | 1 lots and 54 shares = ₹14,742 |
| Retail (Max) | 13 lots and 702 shares = ₹191,646 |
| HNI (Min) | 14 lots and 756 shares = ₹206,388 |
| B-HNI Minimum | 68 lots and 3,672 shares = ₹1,002,456 |
BlackBuck IPO GMP*
| GMP Date | GMP Today | Subject to Sauda | Kostak | Expected Gain |
| Today | ₹- | ₹- | ₹- | ₹- |
| 10th Nov | ₹- | ₹- | ₹- | ₹- |
About BlackBuck
Zinka Logistics Solution Limited is India’s largest digital platform for truck operators (in terms of number of users), with 963,345 truck operators in the country transacting on their platform in Fiscal 2024, which comprises 27.52% of India’s truck operators (Source: Redseer Report). India’s growing economy needs the support of robust logistical capabilities and small and medium size truck operators are the backbone of logistics in the country. These truck operators are served through value chains that are unorganized and fragmented, making their operations inefficient (Source: Redseer Report). They are on a mission to digitally empower India’s truck operators, helping them manage their businesses and grow their income. Using their platform, their customers (primarily comprising truck operators) digitally manage payments for tolling and fueling, monitor drivers and fleets using telematics, find loads on our marketplace, and get access to financing for the purchase of used vehicles.
BlackBuck IPO Strengths
To Be Updated Soon
Objects of the IPO Issue
- Funding towards sales and marketing costs;
- Investment in Blackbuck Finserve Private Limited, its NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements;
- Funding of expenditure about product development; and
- General corporate purposes.
BlackBuck Company Financial Report
The company reported revenue of ₹316.51 crores in 2024 against ₹195.09 crores in 2023. The company reported a profit of ₹193.95 crores in 2024 against a loss of ₹290.5 crores in 2023.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹156.13 | ₹386.24 | ₹284.56 | ₹899.68 |
| 2023 | ₹195.09 | ₹431.77 | ₹290.5 | ₹654.25 |
| 2024 | ₹316.51 | ₹483.42 | ₹193.95 | ₹654.32 |
BlackBuck IPO Valuation – Key Performance Indicator
KPI as of March 31, 2024.
| KPI | Values |
| ROE: | [.] % |
| ROCE: | [.] % |
| EBITDA Margin: | [.] % |
| PAT Margin: | [.] % |
| Debt to equity ratio: | [.] |
| Earning Per Share (EPS): | –₹10.52 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | –53.64 % |
| Net Asset Value (NAV): | ₹16.89 |
Peer Group Comparison
The below peer comparison table’s data are showing as per the DRHP and RHP.
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| C.E. Info Systems Ltd | 24.78 | 92.90 | 0.20% | 12.09 | – Cr. |
BlackBuck IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: zinka.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
BlackBuck IPO Lead Manager
- Axis Capital Limited
- Morgan Stanley India Company Pvt Ltd
- Jm Financial Limited
- Iifl Securities Ltd
BlackBuck IPO allotment status check on Kfin Technologies website. Click on Kfin Technologies to get allotment status.
Promoters of BlackBuck
- Rajesh Kumar Naidu Yabaji
- Chanakya Hridaya
- Ramasubramanian Balasubramaniam.
Company Address
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/