VEF’s Post

Looking for an IPO in logistics sector? Then this one is for you! Checkout this video to get the insights of this IPO.

Zinka Logistics, the company behind BlackBuck, is officially going public! BlackBuck’s IPO is open from November 13-18, with a price band of ₹259 to ₹273 per share and a target raise of ₹1,114.72 crore. BlackBuck has transformed India’s logistics sector, connecting truck owners, drivers, and shippers to make freight transport more efficient and scalable. Their innovative platform is already adopted by nearly a million truck operators across India. Will BlackBuck continue to drive change in logistics? This IPO is one to watch! . . Want to know more?? Click here:  https://lnkd.in/dtrJWBwZ Investment in securities carries inherent risks. Before participating in the Zinka Logistics (BlackBuck) IPO, carefully review the offer document. Past performance does not guarantee future results. Read the disclaimer and invest wisely. 🏗️📈 #blackbuck #blackbuckIPO #IPO #Investing #ATS #ShareBrokers #StockMarket #InvestmentOpportunity #FinancialEducation #IPOInvesting #ATSBrokers #InvestSmart #stockmarket #investing #stocks #finance #money #trading #wealth #business #sharemarket

Did You Know? 💡 BlackBuck’s IPO marks a new era in logistics! Founded in 2015, it’s now India’s largest digital platform for truck operators, supporting over 27% of truckers nationwide. In FY 2024, BlackBuck processed ₹17,396 crore in payments, managed 356,050 telematics devices, and facilitated ₹196.79 crore in vehicle loans. BlackBuck (Zinka Logistics Solutions Pvt. Ltd.) Are you subscribing to this IPO? Comment below with a 👍🏻 / 👎🏻 ➡ Disclaimer : https://bit.ly/2UCAuBV #NirmalBang #Blackbuck #BlackBuckIPO #IPO #IPOAlert #IPOLaunch #IPOLive #StockMarket #NSE #BSE

Shares of Zinka Logistics Solutions, the parent company of logistics major BlackBuck (Zinka Logistics Solutions Ltd), made their stock market debut today (November 22), listing at INR 280.90 on the NSE, a modest premium of 2.89% over the IPO issue price of INR 273👇 On the BSE, BlackBuck’s stock debuted at INR 279.05, a premium of 2.21% over the issue price. BlackBuck’s market debut was scheduled for November 21, but it was deferred by a day amid Maharashtra Assembly elections. The INR 1,115 Cr IPO of BlackBuck, which opened for public subscription on November 13 and concluded on November 18, was oversubscribed 1.8X, with the issue receiving bids for 4.19 Cr shares as against 2.25 Cr shares on offer. 🔗To read the in-depth article, click here: https://4-2.co/3Zmltaj #news #blackbuck #Ipo

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

✦ Shares of Zinka Logistics Solutions, the parent company of BLACKBUCK, opened at a PREMIUM on both the NSE and BSE, surpassing the IPO issue price of INR 273. ✦ BLACKBUCK's IPO was OVERSUBSCRIBED 1.8X by the final day of bidding, reflecting STRONG MARKET SENTIMENT towards the company's future opportunities. ✦ Early investors such as ACCEL and Flipkart could achieve RETURNS UP TO 5X at the IPO's upper price band, indicating significant potential gains. #BlackBuckIPO #MarketDebut #LogisticsInnovation

A muted demand for the logistics unicorn BlackBuck (Zinka Logistics Solutions Ltd)’s initial public offering (IPO) continued to prevail during the initial hours of trade today (November 18)👇 As of 1:48 PM, BlackBuck’s public offer saw a 53% subscription, with investors cumulatively bidding for 1.20 Cr shares as against the 2.24 Cr shares on offer. As per BSE data, the IPO saw a maximum interest from the company’s employees. Shares reserved for the employees received bids for 2.18 Lakh shares as against the 26,000 reserved for them, resulting in an oversubscription of 8.40X. Besides employees, the company’s IPO saw a bearish sentiment from the remainder of investors across categories. Retail investors (RIIs) bid for 56.53 Lakh shares against the 41.89 Lakh shares on offer for them. This resulted in a 1.35X oversubscription. To read the in-depth article, click here: https://4-2.co/41aOyIj #news #logistics #unicorn #IPO

🚚 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

✦ The BLACKBUCK IPO experienced a SLOW START, receiving only 5% overall subscription on its opening day, with bids for 11.57 Lakh shares out of the 2.24 Crore offered. ✦ RETAIL INVESTORS showed slightly more interest with a 26% subscription rate, while NON-INSTITUTIONAL INVESTORS contributed to only 1% of subscriptions. ✦ BLACKBUCK, an Indian logistics unicorn founded in 2015, seeks to RAISE INR 1,114.72 Crore through this IPO, which aims to value the company at approximately INR 4,817 Crore. The IPO will CLOSE on November 18. #BlackBuckIPO #Logistics #MarketWatch

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