stockaxis

Zinka Logistics Solutions Ltd.

Logistics

IPO Details
  • Issue Type Book building
  • Price range Rs.259-273
  • Market Lot 54
  • Total Equity Shares 22567270
  • Face Value Rs. 1
  • Listing Date Nov 22, 2024
IPO Timeline
Opening date Nov 13, 2024
Closing date Nov 18, 2024
Listing Date Nov 22, 2024

IPO Details

We are India’s largest digital platform for truck operators (in terms of number of users), with 963,345 truck operators in th e country transacting on our 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 which are unorganized and fragmented, making their operations inefficient (Source: Redseer Report). We are on a mission to digitally empower India’s truck operators, helping them manage their business and grow their income. Using our platform, our 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.

Projects

1. Project Name: Funding towards sales and marketing costs

Project Cost: 2000

2. Project Name: Investment in Blackbuck Finserve Private Limited for financing the augmentation of its capital base

Project Cost: 1400

3. Project Name: Funding of expenditure in relation to product development

Project Cost: 750

4. Project Name: General corporate purposes

Project Cost: 1350

Promoters

Prmoters Name

1. Rajesh Kumar Naidu Yabaji

2. Chanakya Hridaya

3. Ramasubramanian Balasubramaniam

Prmoters Holdings
  • Pre Share Capital: 53658544
  • Pre Promoter Holding: 34.32
  • Offer to Public: 22567270
  • Post Share Capital: 49135495
  • Post Promoter Holding: 27.84

Registrar

Registrar Name:Karvy Computershare Pvt Ltd
Phone: 91-040-67161500
Email: einward.ris@karvy.com
Website: www.karvy.com

Lead Managers

  • Axis Capital Ltd.
  • Morgan Stanley India Co Pvt Ltd
  • JM Financial Ltd.
  • IIFL Securities Ltd.

Subscription Details

Field Description Field Value
Ipo Code 3001
Total Equity 22567270

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 12066813
No of Shares Bid For Qualified Institutional Buyers 33268698
Total No of Shares Bid For Qualified Institutional Buyers 2.76
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 17109090
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 14688594
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 1471014
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 6284674
No of Shares Bid For Non-Institutional Buyers 1490292
Total No of Shares Bid For Non-Institutional Buyers 0.24
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 190836
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 1273320
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 26136
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 4189783
No of Shares Bid For Retail Individual Investor 6941808
Total No of Shares Bid For Retail Individual Investor 1.66
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 6139584
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 802224
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 26000
No of Shares Bid For Employee 256878
Total No of Shares Bid For Employee 9.88
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 244674
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 12204
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 22567270
No of Shares Bid For All 41957676
Total 1.86