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IPO Note | Closed

Zinka Logistics Solutions Ltd

Minimum Investment

14,742

Retail Investor can invest upto Rs 0 in IPO
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Retail Discount

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Open Date

13-Nov-24
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Close Date

18-Nov-24
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Application Timing

IPO Details

  • Min Order Quantity
    54
  • Price Range
    273-0
  • Issue Size
    1114.72
  • Face Value
    1
  • Listing at
    BSE
  • IPO Doc
    DRHP PDFpdf - img

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Lead Manager

Axis Capital Ltd

About Company

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    Parent Organization
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    Founded
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    Managing Director
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    Website
    www.blackbuck.com
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    Registered Office
    Vaswani Presidio #.84/2 2nd Fr,Panathur Main Rd Kadubeesanaha,
    Bangalore,560103,Karnataka

IPO Schedule

Offer Start

13-Nov-24

Offer End

18-Nov-24

Allotment Finalization

Refund initiation

Demat transfer

Listing

Key Objective

Initial public offering of 40,834,701* equity shares of face value of Re. 1 each ("Equity Shares") of Zinka Logistics Solutions Limited ("Company") for cash at a price of Rs. 273 per equity share (including a share premium of Rs. 272 per equity share) ("Offer Price") aggregating to Rs. 1114.72 crores*^ comprising a fresh issue of 20,148,901* equity shares of face value of Re. 1 each aggregating to Rs. 550.00 crores*^ by the company ("Fresh Issue") and an offer for sale of 20,685,800* equity shares of face value of Re. 1 each aggregating to Rs. 564.72 crores* by the selling shareholders, consisting of 2,218,822* equity shares of face value of Re. 1 each aggregating to Rs. 60.57 crores* by Rajesh Kumar Naidu Yabaji and 1,109,411* equity shares aggregating to Rs. 30.29 crores* by Chanakya Hridaya and 1,109,411* equity shares aggregating to Rs. 30.29 crores* by Ramasubramanian Balasubramaniam (collectively, the "Promoter Selling Shareholders") and 5,534,341* equity shares aggregating to Rs. 151.09 crores* by Quickroutes International Private Limited and 4,309,350* equity shares aggregating to Rs. 117.65 crores* by Accel India iv (Mauritius) Limited and 2,340,277* equity shares aggregating to Rs. 63.89 crores* by International Finance Corporation and 1,369,149* equity shares aggregating to Rs. 37.38 crores* by Internet fund iii pte ltd and 1,126,236* equity shares aggregating to Rs. 30.75 crores* by peak xv partners investments vi (formerly sci investments vi) and 618,373* equity shares aggregating to Rs. 16.88 crores* by vef ab (publ) and 529,783* equity shares aggregating to Rs. 14.46 crores* by sands capital private growth ii limited and 205,898* equity shares aggregating to Rs. 5.62 crores* by sands capital private growth limited pcc, cell d and 129,344* equity shares aggregating to Rs. 3.53 crores* by Sanjiv Rangrass ("Collectively the "Investor Selling Shareholders") and 85,405* equity shares aggregating to Rs. 2.33 crores* by Rajkumari Yabaji (the "Other Selling Shareholder") (the promoter selling shareholders, the investor selling shareholders and the other selling shareholder are collectively referred to as the "Selling Shareholders") and such equity shares offered by the selling shareholders ("Offer for Sale" and together with the fresh issue, the "Offer"). The offer includes a reservation of 26,000* equity shares of face value of Re. 1 each, aggregating to Rs. 0.65 crores*^ (constituting 3.65% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the brlms may offer a discount of 10% of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 23.14% and 23.12% of the post-offer paid-up equity share capital of the company, respectively. The face value of equity shares is Re. 1 each. The offer price is 273 times the face value of the equity shares. *Subject to finalization of basis of allotment. ^ After employee discount.

Financial Snapshot (Consolidated)

Financial Year Ended Revenue( Crores) PAT ( Crores) EPS()
Mar 2023 175.68 -290.5 -29049.8
Mar 2022 832.57 -284.55 -27626.21
Mar 2021 866.73 -241.44 -23440.78
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Step 1

Go to IPO Online page

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Step 2

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Step 3

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Step 4

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