As logistics unicorn BlackBuck (Zinka Logistics Solutions Ltd) gears up for its public listing, its top two external shareholders, Flipkart and Accel, are set to rake in nearly 5X returns on their investment in the company👇 BlackBuck set a price band of INR 259 to INR 273 per share for its initial public offering (IPO). Flipkart, which held a 13.2% stake, or 2.1 Cr shares, in BlackBuck via its Singapore-based subsidiary Quickroutes International ahead of the IPO, is offloading 55.3 Lakh shares for around INR 151.1 Cr at the upper end of the price band as part of offer for sale (OFS) in the IPO. The company acquired these shares for about INR 28.8 Cr, translating to 5.24X returns on the investment. To read the in-depth article, click here: https://4-2.co/4eF6ttz #news #logistics #blackbuck #unicorn #IPO
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Mangement student ||100k +Impression on Linkedin|| ||Digital marketing ||SEO|| Operation Intern at Flipkart Ex Marketing Associate Intern ||Ex Finance Intern II Ex Hr Intern IICCC certified|| Ex Marketing executive
🚚 Blackbuck Files for ₹550-Crore IPO with SEBI 🚚🚀 Exciting news in the logistics and technology sector! Blackbuck, backed by Flipkart, has filed a draft red herring prospectus (DRHP) with SEBI for a ₹550-crore initial public offering (IPO). The public issue includes an offer for sale (OFS) of 21.6 million shares by existing shareholders, involving several key investors and co-founders. 😇About BlackBuck:😇 Founded in 2015, BlackBuck is an online marketplace for trucking. As a tech-enabled logistics platform, BlackBuck is revolutionizing the trucking industry by bringing offline operations online. The platform makes it easier for millions of truckers to book a load and move at capacity, while enabling shippers to have easy access to trucks. Stay tuned for more updates on this significant milestone! #IPO #Logistics #Blackbuck #TechInnovation #TruckingIndustry #BusinessGrowth #Investment #SEBI #Marketplace #Technology
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As BlackBuck moves toward its public listing, the returns for its shareholders present a mixed bag. While early investors like Flipkart and Accel are cashing in with impressive gains, others such as Peak XV Partners (formerly Sequoia Capital) and Swedish investment firm VEF AB will book losses on their partial stake sales👇 Peak XV Partners, which first invested in the logistics unicorn in the Series C round, held a 2.14% stake (34.94 Lakh shares) in BlackBuck ahead of the IPO. It acquired these shares at an average cost of INR 308.98 each. In the offer-for-sale (OFS) component of the IPO, the VC firm is selling 11.26 Lakh shares. At the upper end of the price band of INR 259 to INR 273, Peak XV would pocket INR 30.7 Cr – a loss of 11.6% compared to the INR 34.8 Cr it spent to acquire these shares. 🔗To read the in-depth article, click here: https://4-2.co/3Oktjfu #news #blackbuck #ipo #investors
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New IPO alert 🚨 Amid a wave of tech IPOs, Flipkart-backed BlackBuck has filed its RHP for an IPO set to open on November 13 and close on November 18. The offering includes a fresh issuance worth INR 550 Cr and an offer for sale of 2.06 Cr shares, reduced from 2.16 Cr in the initial draft. Backed by Peak XV and Accel, BlackBuck has set a price band of INR 259-273 per share, aiming to raise up to INR 1,114.72 Cr. At the upper end, BlackBuck would be valued at INR 4,817 Cr, 35% lower than its previous unicorn valuation. Follow us for more Ipofever Disclaimer : Each and every post that you see on Ipofever is purely for educational purpose and doesn't promote any particular stock or IPO. Moreover, we recommend you do your own research before buying or selling any stock or investing in any IPO. Ipofever is not at all responsible for any financial decision taken by you! #ipo
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Investor Insights: Shadowfax, powered by Flipkart, is paving the way for innovation in logistics. Staying ahead of the curve with key market moves.✨ #thursdaynews #InvestorInsights #WeeklyUpdate #ConfideLeapPartners #Shadowfax #LogisticsInnovation #MarketTrends #IPO #investor #advisor #ir #investment
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💰 #Swiggy IPO Demand at Third Lowest Among New-Age Peers Since 2021: Here's Why Investors are Cautious 💰 >> Of 14 new-age #startups to have gone public since the pandemic, only Paytm and Delhivery saw a lower subscription rate. >> Both are trading lower than their IPO prices currently Good one by Devanshu for #OutlookBusiness
On the IPO subscription leader-board featuring 14 new-age scrips, only Paytm and Delhivery have fared worse than Swiggy in the last four years as per an Outlook Business analysis. Both these stocks are currently trading below their IPO prices. The tepid interest in the Prosus and SoftBank-backed unicorn’s public issue is reflective of a wait-and-watch approach being taken by investors, according to market watchers. Read full story here: https://t.ly/pqLKa #Swiggy #SwiggyIPO #IPOAlert #Zomato
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Biggest IPOs of 2025: Companies Going Public and Their Remarkable Impacts This year, India’s IPO boom is likely to continue with industry leaders like Flipkart, PhysicsWallah, HDFC Credila, and LG India getting ready to enter the market. Read More: bit.ly/4jy6DXf #IPO2025 #StockMarket #Investing #MarketTrends #IPOWatch #BiggestIPOs #StockTrading #InvestmentOpportunities
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Flipkart plans to go public within the next 12-15 months, with its IPO potentially becoming one of India's largest. The company has secured internal approvals to move its headquarters from Singapore to India ahead of the listing. Flipkart had originally considered an IPO in 2021, but delayed it due to market conditions. To read more, click here👉🏻 https://lnkd.in/gJ7cF5Rw #ApparelResources #DailyNews #FlipkartIPO #IPO2024 #IndianMarkets #BusinessNews #MarketDebut #CorporateMoves #EcommerceIndia #StartupToIPO #FlipkartGrowth #IndiaInc #StockMarketUpdate #BusinessTransformation #IPOJourney #TechInIndia #FlipkartUpdates #CorporateIndia #LeadershipInBusiness #MarketBuzz #IPOWatch #EconomicGrowth #InvestmentNews
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On the IPO subscription leader-board featuring 14 new-age scrips, only Paytm and Delhivery have fared worse than Swiggy in the last four years as per an Outlook Business analysis. Both these stocks are currently trading below their IPO prices. The tepid interest in the Prosus and SoftBank-backed unicorn’s public issue is reflective of a wait-and-watch approach being taken by investors, according to market watchers. Read full story here: https://t.ly/pqLKa #Swiggy #SwiggyIPO #IPOAlert #Zomato
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𝐇𝐨𝐰 𝟏𝟎𝐦𝐢𝐧 𝐝𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐟𝐞𝐚𝐭𝐮𝐫𝐞/𝐚𝐩𝐩𝐬 𝐚𝐫𝐞 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐞𝐱𝐩𝐞𝐧𝐬𝐞𝐬 𝐛𝐲 𝟐𝟎%-𝟑𝟎% 𝐚𝐧𝐝 𝐚𝐫𝐞 𝐛𝐚𝐝 𝐟𝐨𝐫 𝐲𝐨𝐮: (𝑆𝑜𝑢𝑛𝑑𝑠 𝑝𝑟𝑒𝑎𝑐ℎ𝑦? 𝑊𝑎𝑖𝑡 𝑓𝑜𝑟 𝑡ℎ𝑒 𝑠𝑢𝑟𝑝𝑟𝑖𝑠𝑒 𝑎𝑛𝑑 𝑎 𝑚𝑖𝑙𝑑 𝑙𝑎𝑢𝑔ℎ) 1) They sell high margin products which are priced 10%-15% higher 2) Unsafe for Delivery Boys (afterall, it's a packet of chips and not a life-saving medicine) 3) Makes you habitual to 3-4 orders a day, unplanned purchases and hence you can't do savings The above opinion and claims aren't mine. It's the script for Flipkart's advertisement (paid post on Instagram https://lnkd.in/gTUQeMWz) with Finfluencer Neha Nagar. Ironic that at the same time (1 week apart), the news about Flipkart's takeover conversations with Zepto came out. Can't help but chuckle and remember a Hindi Phrase - 'Angoor Khatte Hain!' Faux Pas moment? Tell me in the comments what you think. #Flipkart #Zepto #Mergers #Acquisitions #IndianStartups #ForLaughs #SourGrapes
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Flipkart IPO: Agli Badi Opportunity ya Risky Bet? 🤔 ₹60-70 billion ki valuation target, FY24 me revenue 21% up aur losses 41% down! 🚀 Kya yeh IPO aapke portfolio ke liye perfect hai ya careful research ki zarurat hai? Comments mein apne views share karein aur stock market updates ke liye follow karein Nikist School! 📊 #FlipkartIPO #StockMarketInsights
