Who is the CEO of Zinka Logistics Solutions Ltd?
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The CEO of Zinka Logistics Solutions Ltd is Rajesh Kumar Naidu Yabaji.
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Zinka Logistics Solutions Limited, also known for its digital platform "BlackBuck," focuses on connecting truck operators with various essential services. Founded in April 2015, the company has grown into India's largest digital platform for truck operators. Offering services like payments, telematics, freight marketplaces, and vehicle financing, it helps truck operators optimize their operations.
The core strength of Zinka lies in its ability to address market gaps for truck operators. With a customer base of over 963,345 truck operators by fiscal year 2024, Zinka accounts for a significant share of Indian truck operators. The company's services cater to a diverse range of logistics and operational needs, making it a key player in the market.
Category | Details |
IPO Opening Date | November 13, 2024 |
IPO Closing Date | November 18, 2024 |
Price Band | ₹259 - ₹273 per share |
Minimum Lot Size | 54 shares |
Listing Exchange | BSE, NSE |
The IPO comprises a fresh issue of 2.01 crore shares worth ₹550 crores and an offer for sale of 2.07 crore shares totaling ₹564.72 crores.
Purpose of the IPO
Event | Date |
IPO Open Date | November 13, 2024 |
IPO Close Date | November 18, 2024 |
Basis of Allotment | November 19, 2024 |
Initiation of Refunds | November 20, 2024 |
Credit of Shares to Demat | November 20, 2024 |
Listing Date | November 21, 2024 |
Cut-off Time for UPI Mandate Confirmation | 5 PM on November 18, 2024 |
How to Apply for the Zinka Logistics IPO?
Key Performance Indicator (KPI)
Metric | Value |
ROE (Return on Equity) | 9.39% |
ROCE (Return on Capital Employed) | 1.50% |
Debt/Equity Ratio | 0.47 |
RoNW (Return on Net Worth) | 9.39% |
P/BV (Price to Book Value) | 14.6 |
Registrar | Details |
Kfin Technologies Ltd | Contact: 040-67162222 |
Email: zinka.ipo@kfintech.com |
Zinka Logistics Solutions' IPO offers an opportunity to invest in a fast-evolving logistics platform with a strong market presence. While the IPO carries inherent risks, potential investors may find value in the company’s innovative solutions and growth potential.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
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The CEO of Zinka Logistics Solutions Ltd is Rajesh Kumar Naidu Yabaji.
The Zinka Logistics Solutions IPO will open on November 13, 2024.
The price band is ₹259 to ₹273, determined based on market demand and valuation metrics.
You can apply by logging into your Bajaj Broking Demat account, selecting the IPO, entering lot details, and completing ASBA or UPI mandate.
Review the Draft Red Herring Prospectus (DRHP) and financial statements before investing.
Information not available.
Dividend payouts, if any, will depend on the company's future profitability and board decisions.
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