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Zinka Logistics Solutions IPO
1.24xsubscribed

Zinka Logistics Solutions IPO

Logistics
listed
₹13,986Min. investment

Zinka Logistics Solutions IPO Details

SectorLogistics
Price range₹259 – ₹273
IPO type
Regular
Lot size54 shares
Issue size₹1,114Cr
Red Herring Prospectus
Read
Market cap
₹4,817.81CrHigher than sector avg
RevenueApr 2023 - Mar 2024
₹296.92CrLower than sector avg
Growth rate3Y CAGR
35.00%Higher than sector avg

Zinka Logistics Solutions IPO Timeline

  1. Pre-apply
    11 Nov 2024
  2. Bid start
    13 Nov 2024
  3. Bid end
    18 Nov 2024
  4. Allotment
    19 Nov 2024
  5. Release of funds
    20 Nov 2024
  6. Demat transfer
    20 Nov 2024
  7. Listing
    22 Nov 2024

About Zinka Logistics Solutions

Zinka Logistics Solutions Limited is India’s largest digital platform for truck operators as of FY24. It comprises 27.52% of India’s truck operators, with 963,345 truck operators in the country transacting on its platform. It operates the BlackBuck app and offers payments, telematics, loads marketplace and vehicle financing services to truck operators. As of 30 June 2024, it had 390,088 average monthly active telematics devices, 0.71 million load postings which enabled 133,369 truck operators, and disbursed 5,109 loans amounting to ₹252 crore.

Zinka Logistics Solution IPO Analysis

IPO REVIEW

Zinka Logistics Solutions IPO | Analysis Video

Should you apply?

Watch our analysts break down the Zinka Logistics Solution IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Zinka Logistics Solution IPO

Company expansion
Funding of expenditure in relation to product development
Offer for sale
Founders diluting their shares in the company
Working capital requirements
Funding towards sales and marketing costs, and investment in its NBFC.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹296.92Cr35.00%-₹193.94Cr₹4,817.81Cr-25.954.83
This sector (avg.)₹711.28Cr0.02%-₹13.78Cr₹1,677.75Cr34.350.59
₹8,887.02Cr---₹1,291.84Cr₹38,252.26Cr31.230.07
₹6,763.79Cr---₹787.42Cr₹25,640.55Cr35.750.99
₹426.73Cr----₹38.28Cr₹10,164.42Cr29.860.03

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Zinka Logistics Solutions IPO Contact Details

Company NameZinka Logistics Solutions

How to apply for Zinka Logistics Solutions IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Zinka Logistics Solution IPO FAQs