Zinka Logistics

Zinka Logistics hits new high, zooms 133% against issue price in 9 months

Zinka Logistics share price surged 9% today to hit a high of ₹637 per share on the BSE. The stock has rallied 48% in the past one month

Smallcap stock hits record high; up 109% against issue price. Do you own?

Shares of Zinka Logistics hit an all-time high of ₹569.90, as it rallied 18 per cent in Wednesday's intra-day trade

Quick Routes Int'l exits Zinka Logistics; sells 9% stake for ₹672 crore

Quick Routes International on Tuesday exited Zinka Logistics Solutions by selling a 9 per cent stake in the company for Rs 672 crore through open market transactions. Zinka Logistics Solutions is the parent entity of logistics unicorn Blackbuck. According to the bulk deal data available on the NSE, Quick Routes International sold more than 1.59 crore shares in two tranches, representing a 9 per cent stake in Zinka Logistics. The shares were offloaded in the price range of Rs 420.06-420.25 apiece, taking the combined transaction value to Rs 671.76 crore. In a separate transaction on the NSE, Peak XV Partners' affiliate Peak XV Partners Investments VI disposed of 12.10 lakh shares in Zinka Logistics Solutions for Rs 53 crore. The shares were sold at an average price of Rs 444.71 per piece, taking the deal size to Rs 53.84 crore. Meanwhile, Abu Dhabi Investment Authority, Massachusetts Institute of Technology, ICICI Prudential Mutual Fund, SBI Mutual Fund and Nomura India acquired a

Zinka Logistics shares slide after 12% equity change hands in block trades

Zinka Logistics stock fell over 4 per cent after 21.2 million shares changed hands in three block trades

Zinka Logistics slips 3% in trade; here's what's dragging the stock

The filing added the inspection or search process did not have any impact on the normal operations, at the said office of the company

This recently listed stock zoomed 102% so far in Dec after subdued debut

Zinka Logistics Solutions, the parent company of digital freight platform BlackBuck, hit a new high of Rs 546.80, and rallied 36 per cent in five trading days

Zinka Logistics Solutions IPO subscribed 1.86 times on third day of issue

The IPO comprises a fresh issue of equity shares worth up to Rs 550 crore and an offer for sale of 2,06,85,800 equity shares, aggregating up to Rs 564.72 crore

Ahead of IPO, Zinka Logistics collects Rs 501 cr from anchor investors

Zinka Logistics Solutions Ltd, a digital platform for truck operators, on Tuesday mobilised over Rs 501 crore from anchor investors, a day before its initial share-sale opening for public subscription. SBI Mutual Fund (MF), Bandhan MF, Invesco MF, ICICI Prudential Life Insurance Company, Nomura, Steadview Capital Mauritius, TIMF Holdings and Hornbill Orchid India Fund are among the anchor investors, according to a circular uploaded on BSE's website. As per the circular, Zinka Logistics allotted 1.84 crore equity shares to 26 funds at Rs 273 a piece, which is also the upper end of the price band. This aggregates the transaction size to Rs 501.33 crore. The Rs 1,115 crore-IPO, will be available at a price range of Rs 259-273 apiece, for public subscription during November 13 to 18. The IPO is a combination of a fresh issue of shares worth Rs 550 crore and an offer of sale (OFS) of up to 2.06 crore shares. The OFS by promoters and investor selling shareholders is valued at Rs 565 cr

BlackBuck IPO: GMP holds steady ahead of opening; key details for investors

The public offering of BlackBuck will remain open for subscription from Wednesday, November 13, 2024, to Monday, November 18, 2024

Zinka Logistics' IPO to open on Nov 13; sets price at Rs 259-273 per share

Zinka Logistics Solutions Ltd, a digital platform for truck operators, on Friday said it has fixed a price band of Rs 259-273 per share for its Rs 1,115 crore initial share sale. The Initial Public Offering (IPO) will open for public subscription on November 13 and conclude on November 18, the company announced. The IPO is a combination of a fresh issue of shares worth Rs 550 crore and an offer of sale (OFS) of up to 2.06 crore shares. The OFS by promoters and investor selling shareholders is valued at Rs 565 crore at the upper end of the price band. A discount of Rs 25 per equity share is being offered to eligible employees bidding in the employee reservation portion. Proceeds from the fresh issuance to the extent of Rs 200 crore will be used for sales and marketing initiatives; Rs 140 crore for investment in Blackbuck Finserve for financing the supporting the capital base to meet future capital requirements; Rs 75 crore for funding of expenditure in relation to product developmen

IFC plans to invest $10 million in Zinka Logistics

Zinka Logistics is a leading technology platform in India for long-haul trucking