The issue price of the BlackBuck IPO is Rs 1,114.72 crores which contains 2.01 crore shares for a fresh issue worth Rs 550.00 crores and 2.07 crore shares allocated for offer for sale with a value of Rs 564.

Zinka Logistics' IPO has been subscribed 27% so far, driven by retail investors. Analysts recommend subscribing due to BlackBuck's strong market position and growth potential.

The initial public offering of Zinka Logistics Solutions Ltd., the parent of digital trucking solutions platform Blackbuck, has been subscribed 30% on its second day on Thursday. The offer was booked 24% on its first day of bidding.

Retail investors were at the leading position, subscribing 90 percent shares of their reserved portion, followed by qualified institutional buyers and non-institutional investors who bought 26 percent and 4 percent,

Zinka Logistics Solutions Ltd's IPO has already been subscribed 32% by the second day, aiming to raise Rs 1,115 crore. The company plans to use the funds for sales, marketing, capital investment, and product development.

The initial public offering (IPO) of Zinka Logistics Solution Limited hit the Indian primary market on 13th November 2024 and will remain open until 18th November 2024. The digital platform for truck operations,

Zinka Logistics Solutions IPO, a digital platform for truck operators, received 32% subscription on Day 2. Retail investors subscribed 90% while QIBs subscribed 26%.

Axis Capital Ltd., Morgan Stanley India Co., JM Financial Ltd. and IIFL Securities Ltd. are the book running lead managers of the BlackBuck IPO, while KFin Technologies Ltd. is the registrar for the issue. Market value at the upper end of price band: Rs 4,818 crore.

According to the stock market experts, Zinka Logistics Solution shares are available at a premium of ₹25 in the grey market today

Zinka Logistics Solutions Ltd, a digital platform for truck operators, on Tuesday mobilised over Rs 501 crore from anchor investors, a day before its initial share-sale opening for public subscription.