35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Zinka Logistics Solution Limited IPO (Zinka Logistics Solution IPO) Details

Zinka Logistics Solution Limited is an Online Service Provider based company, located in Bangalore, Zinka Logistics Solution Limited IPO size was 1114.72 Cr. and was issued at 273.00 per share. The share of Zinka Logistics Solution Limited were listed at 261.00 per share and are currently trading at 421.15 per share.

Type :
Sub Sector : Digital Platform For The Truck Owners To Manage Their Entire Fleet
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
393.32 Cr.

PAT :
129.52 Cr.

Pricing Report

Issue Price :
273.00

Listing Price :
261.00

Current Market Price :
421.15

Issue Price vs CMP :
148.15 (54.27%)

listing Price vs CMP :
160.15 (61.36%)

Performance Report (CAGR* wise)

CAGR : 458.42
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Zinka Logistics Solution

Company Information
Zinka Logistics Solution Limited is the India’s largest digital platform for truck operators (in terms of number of users), with 963,345 truck operators in the country transacting on the 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). They are on a mission to digitally empower India’s truck operators, helping them manage their business and grow their income. Using the platform, their customers (primarily comprising truck operators) digitally manage payments for tolling and fueling, monitor
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Object of 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
  • General Corporate Purposes

Zinka Logistics Solution MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2024
IPO Size :
1114.72 Cr.
Market Cap :
4817.81 Cr.   
IPO Subscription :
1.87 X     
PE Multiple :
37.21
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Kfin Technologies Limited
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FAQs

Zinka Logistics Solution operates in Online Service Provider and Digital Platform For The Truck Owners To Manage Their Entire Fleet. The Issue is listed on MainBoard in Nov, 2024. Zinka Logistics Solution IPO size was 1114.72 Cr. with Issue price of 273.00 .

Merchant Banker(s) of Zinka Logistics Solution IPO: Axis Capital Limited , Il&Fs Investsmart Securities Limited , Jm Financial Limited , Morgan Stanley India Company Private Limited

Zinka Logistics Solution IPO subscription was 1.87 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Zinka Logistics Solution IPO listed at a listing price of 261.00 against the offer price of 273.00.

The current market price of Zinka Logistics Solution is 421.15.

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