Zinka Logistics Solutions Limited IPO
Zinka Logistics Solutions Limited was a mainboard IPO in the Transport Related Services sector, offered at ₹259–₹273 per share to raise ₹1,115 crore. The issue was subscribed 1.86× overall (QIBs 2.76×, NIIs 0.24×, retail 1.66×). It listed on 22 Nov 2024 at ₹281 and closed its first day at ₹260, a listing loss of -4.7% versus the ₹273 issue price. It now trades around ₹564 (+106.6% versus the issue price).
Frequently asked questions
- How many times was the Zinka Logistics Solutions Limited IPO subscribed?
- The Zinka Logistics Solutions Limited IPO was subscribed 1.86× overall — 2.76× in the QIB category, 0.24× among non-institutional investors, 1.66× in retail.
- What were the Zinka Logistics Solutions Limited IPO listing gains?
- Zinka Logistics Solutions Limited listed on 22 Nov 2024 at ₹281, closing its first day at ₹260 — a listing loss of -4.7% versus the ₹273 issue price.
- What were the retail allotment odds for the Zinka Logistics Solutions Limited IPO?
- Retail was subscribed 1.66×, so a single-lot application had roughly a 60.2% chance of allotment (about 1 in 2), and allotment was finalised on 20 Nov 2024.
- What was the price band and lot size of the Zinka Logistics Solutions Limited IPO?
- The price band was ₹259–₹273 per share, with a minimum lot of 54 shares (₹14,742 at the upper band).
- Who were the registrar and lead manager for the Zinka Logistics Solutions Limited IPO?
- KFin Technologies Limited was the registrar, and Axis Capital was the book-running lead manager.