Zinka logistics solutions IPO Details, GMP Price, Date, Review

Zinka logistics solutions IPO Details

Zinka logistics solutions IPO details Today : Zinka logistics solutions IPO details Today is Open on 12 July 2024 and Close on 16 July 2024. Zinka logistics solutions IPO to Raise 2,891,200 shares (Approx ₹[.] Cr) via IPO. The Fresh issue of 2,891,200 shares (Approx ₹[.] Cr). 

We are India’s largest digital platform for truck operators (in terms of number of users), with 963,345 truck operators in the country transacting on our platform in Fiscal 2024.

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.

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.

Set out below is a graphic representation of certain key metrics related to our business. Truck operators use the BlackBuck mobile application (the “BlackBuck App”) for their diverse business needs. Set out below are certain key highlights in relation to our business:-

 

Zinka logistics solutions IPO

  • We processed ₹173,961.93 million gross transaction value (“GTV”) in payments in Fiscal 2024. Truck operators manage their truck-level tolling and fueling operations through the   BlackBuck App, and gain cost benefits and effective control over expenses through decreased risk of pilferage and unauthorized spending.
  •  Truck operators purchase telematics services such as vehicle tracking and fuel sensors to manage their drivers and fleets. We had 356,050 average monthly active telematics  devices in Fiscal 2024.
  •  Truck operators use our loads marketplace product to search for loads to fill their empty capacities or to get a better price for a load. We had 2.12 million load postings in Fiscal  2024, which enabled 256,685 truck operators to get a load during the same period.
  •  Truck operators avail used commercial vehicle financing through our platform. As on March 31, 2024, we have facilitated disbursements of 4,035 loans amounting to ₹1,967.88   million.

Our offerings solve critical problems for our customers and form an integral part of their daily lives. In Fiscal 2024, our monthly transacting truck operators were active for more than 16.18 days in a month and on an average spent 39.56 minutes daily, onthe BlackBuck App. The needs of the trucking industry are very specific and the truck operator’s demography in India is unique.

We have built our offerings and distribution strategy specifically for these users and the industry, and we believe that this is the key underlying reason for the strong truck operator engagement on the BlackBuck App and the market share we possess.

We follow an omnichannel customer onboarding and servicing strategy, which is made specifically for the demography of our customer base. We have a digital-led marketing strategy which provides awareness of our solutions and brand to customers. Using a combination of an on-ground sales force, channel partners and telesales we support customers through their entire onboarding process. Among new-age digital platforms in the trucking sector.

We have the largest physical network (in terms of number of Touchpoints) across India and as of March 31, 2024, we have sold and serviced our products across 628 districts constituting 80% of India’s districts, including in all of the major transportation hubs and across 75% of the toll plaza network

in India (Source: Redseer Report). We have a digitally enabled network of 9,395 touchpoints to conduct onboarding and servicing activities as of March 31, 2024. Our network is one of our core strengths and enables us to build trust with customers and provides the necessary service infrastructure for our customers. For further details of our distribution strategy.

Zinka logistics solutions IPO Date & Price Band Details

IPO Open Date [.] 2024
IPO Close Date [.] 2024
IPO Size Approx ₹[.] Crores
Fresh Issue Approx ₹[.] Crores
Lot Size [.] Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹[.] Per Every Share
IPO Listing On NSE & BSE
IPO Retail Quota -%
IPO QIB Quota -%
IPO NII Quota -%
DRHP Draft Click Here
Anchor Investor Click Here

Zinka logistics solutions IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 - ₹-
Retail Maximum 1 - ₹-
S-HNI Minimum 2 - ₹-

Object of the Issue

1.Funding towards sales and marketing costs.
2.Investment in Blackbuck Finserve Private Limited, our NBFC subsidiary, for financing the augmentation of its capital base to meet its future capital requirements.
3.Funding of expenditure in relation to product development.
4.General corporate purposes.

Zinka logistics solutions IPO Allotment & Listings (Details)

IPO Open Date [.] 2024
IPO Close Date [.] 2024
Basis of Allotment [.] 2024
Refunds [.] 2024
Credit to Demat Account [.] 2024
IPO Listing Date [.] 2024

Zinka logistics solutions Financial Reports

₹ in Crores
Year Revenue Expense PAT
2023 ₹- ₹- ₹-
2022 ₹- ₹- ₹-
2021 ₹- ₹- ₹-

Our Company Promoters

  1. Rajesh Kumar Naidu Yabaji
  2. Chanakya Hridaya 
  3. Ramasubramanian Balasubramaniam

Qualitative Factors

  • We are India’s largest digital platform for truck operators.
  • We have strong network effects of platform resulting in robust customer retention rates and higher monetization.
  • We have a repeatable playbook of creating and launching new offerings.
  • We have an omnichannel distribution network with robust sales and service strategy driving customer adoption.
  • We have a scalable and reliable in-house technology integrating with multiple stakeholders.
  • We have high growth business with operating leverage and strong unit economics.
  • We are a Promoter-led management team and have an experienced board.

Zinka logistics solutions Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per
Zinka Logistics Solutions Limited 1 10.52 [.] 53.64 16.89
Peer Group
C.E. Info Systems Ltd 1 24.78 92.90 0.20 12.09
FLEETCOR Technologies Inc 0.08337 1,118.83 20.20 0.30 3,678,737.81

Comparison of accounting ratios with listed industry peers

  1. Zinka Logistics Solutions Limited.
  2. C.E. Info Systems Ltd .
  3. FLEETCOR Technologies Inc.

Also Read: Sati Poly Plast IPO Details, GMP Price, Date, Review

Zinka logistics solutions Company Contact Details

Vaswani Presidio, no. 84/2, II Floor
Panathur Main Road, Kadubeesanahalli
Off Outer Ring Road
Bengaluru 560 103
Karnataka, India
Contact Person: Barun Pandey
Email:cs@blackbuck.com
Tel:+91 8046481828
Website: www.blackbuck.com

Zinka logistics solutions IPO Registrar

KFin Technologies Limited
Selenium, Tower B, Plot No. 31 and 32
Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032Telangana, India
Tel: +91 40 6716 2222
E-mail: zinka.ipo@kfintech.com
Website: www.kfintech.com
Investor Grievance E-mail: einward.ris@kfintech.com
Contact Person: M. Murali Krishna

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