URL copied to clipboard

Trending News

Zinka Logistics Soars on Debut: Opens at ₹280.90 on NSE, Climbing 2.89%!

Zinka Logistics Solution (BlackBuck) had a modest stock exchange debut on November 22, listing at ₹280.90 on NSE (2.89% increase) and ₹279.05 on BSE (2.22% increase).
Zinka Logistics (BlackBuck) IPO sees modest debut; lists at ₹280.90 on NSE, up 2.89%.
Zinka Logistics (BlackBuck) IPO sees modest debut; lists at ₹280.90 on NSE, up 2.89%.

Zinka Logistics Solution, also known as BlackBuck, had a subdued launch on the stock exchanges on Friday, November 22. It debuted on the NSE at ₹280.90, showing a 2.89% premium over its ₹273 issue price, and on the BSE at ₹279.05, marking a 2.22% increase.

Alice Blue Image

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.

Also Read:  Chemical stocks with low debt to keep a watch on

Founded in April 2015, Zinka Logistics Solution Limited operates the BlackBuck app, a digital platform for truck operators. In FY 2024, 963,345 truck operators utilised the app, representing 27.52% of Indian truck operators. The platform facilitates payments, telematics, and vehicle financing, processing a Gross Transaction Value of Rs. 173,961.93 million as of March 31, 2024.

Alice Blue Image

Also Read:  Stocks ₹10 with price to book value less than 1

Zinka Logistics Solutions Ltd’s IPO aims to boost sales, marketing, and product development, invest in its NBFC, and allocate funds for general corporate purposes to foster growth.

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.

Loading
Read More News
ग्रीन एनर्जी स्टॉक ₹10,000 करोड़ के सोलर पावर प्रोजेक्ट्स के लिए समझौता करने के बाद 4% बढ़ा।

ग्रीन एनर्जी स्टॉक में 4% की बढ़त देखी गई, जब इसने सोलर पावर जनरेशन के लिए ₹10,000 करोड़ का समझौता किया।

ग्रीन एनर्जी स्टॉक ने राइजिंग राजस्थान समिट 2024 में ₹10,000 करोड़ का समझौता किया। यह पहल सोलर पावर प्रोजेक्ट्स, कंपोनेंट

इंफ्रा स्टॉक उत्तराखंड डेवलपमेंट कंस्ट्रक्शन कॉर्प से ₹1,274 करोड़ का काम मिलने के बाद उछला।

इंफ्रास्ट्रक्चर स्टॉक चर्चा में, उत्तराखंड डेवलपमेंट कंस्ट्रक्शन कॉर्प से ₹1274 करोड़ का वर्क ऑर्डर मिलने के बाद ।

इंफ्रास्ट्रक्चर कंपनी को उत्तराखंड डेवलपमेंट कॉर्पोरेशन से ₹1,274 करोड़ का प्रोजेक्ट मिला है। यह प्रोजेक्ट देहरादून में सोन नदी पर