Zinka Logistics IPO GMP grey market premium, review, Subscription, allotment, listing estimate @ Chanakyanipothi.com
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What is the latest news relating to Zinka Logistics IPO?
After 2 days of subscription, the IPO has received not so impressive subscription. The fancy in the grey market has gone.
Zinka Logistics IPO Subscription Status
Zinka Logistics Solution Limited IPO Subscriptions (Day 2)Price Rs. 273 Lot 54 shares, Rs. 1114.72 Crore |
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QIB | B HNI X | S HNI X | NII X | RII X | Total X |
0.25 | 0.01 | 0.08 | 0.04 | 0.92 | 0.32 |
Applications: 73,348 / (0.97x) Amount wise Bids recd. Rs. ? Crore |
Who are the promoter of Zinka Logistics IPO?
The Promoters of the company are Rajesh Kumar Naidu Yabaji, Chanakya Hridaya and Ramasubramanian Balasubramaniam
What are the Objects of Zinka Logistics IPO?
The company propose to utilise the Net Proceeds towards funding the following objects:
- 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; and
- General corporate purposes.
What is the business of Zinka Logistics?
Zinka Logistics Solution Limited: Revolutionizing India’s Trucking Industry with Digital Solutions
For more information, click https://www.blackbuck.com/
Zinka Logistics IPO GMP grey market premium, review, Subscription, allotment, listing estimate
Zinka Logistics IPO Details |
|
IPO opens on | 13 November 2024 |
IPO closes on | 18 November 2024 |
Issue Type | Book Built Issue IPO |
Issue Size | 40832320 Shares / Rs 1114.72 Crore |
* Fresh Issue | 20146520 Shares / Rs 550 Crore |
* Offer for Sale | 20685800 shares/ Rs.564.72 Crore |
Face Value per share: | Rs. 1 |
Price Band | Rs.259-273 |
Retail Discount | Rs 0 per share |
Employee discount | Rs. 0 per share |
Retail Lot Size | 54 Shares |
Listing will at | BSE, NSE |
Shares offered in |
Shares | Rs. in Cr |
QIB (75 %) | 30624240 | 836.04 |
NII (15 %) | 6124848 | 162.21 |
RII (10 %) | 4083232 | 111.47 |
Employees | – | – |
Total Shares | 40832320 | 1114.72 |
Retail portion will be oversubscribed by | 75615 Forms. | |
How to apply in Zinka Logistics IPO? | Amount Rs. |
|
Min Retail Application | 54 Shares | 14742 |
Max Retail Application | 702 Shares | 191646 |
Small HNI (Min) application | 756 Shares | 206388 |
Small HNI (Max) application | 3618 Shares | 987714 |
Big HNI Application | 3672 Shares | 1002456 |
What is the timetable of Zinka Logistics IPO? |
|
IPO opens on | 13 November 2024 |
IPO Closes on | 18 November 2024 |
IPO Allotment on | 19 November 2024 |
Unblocking of ASBA | 20 November 2024 |
Credit of Shares | 20 November 2024 |
Listing on | 21 November 2024 |
Registered Office of Zinka Logistics | |
Zinka Logistics Solution Limited Vaswani Presidio, no. 84/2, II Floor, Panathur Main Road, Kadubeesanahalli, Off Outer Ring-Road, Bengaluru 560103 |
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Who are the Lead Managers of Zinka Logistics IPO? Axis Capital Limited Morgan Stanley India Company Pvt Ltd Jm Financial Limited Iifl Securities Ltd |
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Registrar to IPO | |
KFin Technologies Limited |
Zinka Logistics IPO Financial & Analytical Ratios |
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Year | Total Income | Net Profit | EPS | RoNW |
Rs. in Cr | Rs.in Cr | Rs. | % | |
2021-22 | 156 | (-)285 | -12.96 | |
2022-23 | 195 | (-)291 | -12.93 | |
2023-24 | 317 | (-)194 | -9.06 | |
Book Value of the Share on 31.03.2024 |
Rs. | 16.89 | ||
BV after the FPO | Rs. | ? | ||
Offer Price at Cap | Rs. | 273 |
Zinka Logistics IPO Ratio Analysis |
|
Price /EPS | NA |
Price/Book Value Ratio | 16.16 |
Price/BV after IPO | ? |
How Zinka Logistics IPO compares with the Peers?
As on date of DRHP | FV | Total | PE |
Rs. | Income | Ratio of | |
Rs. In Cr | |||
Zinka Logistics | 1 | 317 | N.A. |
C E Info Systems | 2 | – | 92.90 |
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Zinka Logistics IPO Review
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