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Zinka Logistics IPO Records 1.86x Subscription on Day 3 – Find Out More!

Zinka Logistics IPO was subscribed 1.86 times on Day 3, with QIBs at 2.76, RIIs at 1.66, and employees leading at 9.88 times subscription.
Zinka Logistics IPO hits 1.86x subscription on Day 3, driven by strong QIB participation at 2.76x.

Zinka Logistics Solution Ltd IPO Day 3 subscription status revealed 1.86 times overall subscription. Qualified Institutional Buyers (QIBs) subscribed 2.76 times, Non-Institutional Investors 0.24 times, Retail Individual Investors (RIIs) 1.66 times, while employees showed significant interest, subscribing 9.88 times to the issue.

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Zinka Logistics Solution Ltd IPO Subscription Status

Zinka Logistics Solution Ltd IPO witnessed a total subscription of 0.32x on Day 2. Retail Individual Investors (RIIs) led with 0.90x, followed by Employees at 5.32x, Qualified Institutional Buyers (QIBs) at 0.26x, and Non-Institutional Investors (NIIs) at 0.04x, reflecting moderate interest.

How to check Zinka Logistics Solution Ltd IPO Subscription Status?

Steps to check Zinka Logistics Solution Ltd IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the ‘Zinka Logistics Solution Ltd IPO’ to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

Zinka Logistics Solution Ltd IPO Allotment Status

The allotment date for the Zinka Logistics Solution Ltd IPO is set for November 19, with shares priced from ₹259 to ₹273 per share and a face value of ₹1. The offering consists of lots of 54 shares, with bids accepted for these lots or their multiples.

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Zinka Logistics Solution Ltd IPO Listing Date 

Zinka Logistics Solution Ltd IPO is expected to be listed on the NSE SME on November 21, 2024.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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