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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Zinka Logistics Solutions Ltd
Registered Office:
Vaswani Presidio #.84/2 2nd Fr,Panathur Main Rd Kadubeesanaha,
Bangalore - 560103,
Karnataka, India.
Website :  www.blackbuck.com
Initial public offering of 40,834,701 equity shares of face value of Re. 1 each ("Equity Shares") of Zinka Logistics Solutions Limited ("Company") for cash at a price of (Rs) 273 per equity share (including a share premium of (Rs) 272 per equity share) ("Offer Price") aggregating to (Rs) 1114.72 crores^ comprising a fresh issue of 20,148,901 equity shares of face value of Re. 1 each aggregating to (Rs) 550.00 crores^ by the company ("Fresh Issue") and an offer for sale of 20,685,800 equity shares of face value of Re. 1 each aggregating to (Rs) 564.72 crores by the selling shareholders, consisting of 2,218,822 equity shares of face value of Re. 1 each aggregating to (Rs) 60.57 crores by Rajesh Kumar Naidu Yabaji and 1,109,411 equity shares aggregating to (Rs) 30.29 crores by Chanakya Hridaya and 1,109,411 equity shares aggregating to (Rs) 30.29 crores by Ramasubramanian Balasubramaniam (collectively, the "Promoter Selling Shareholders") and 5,534,341 equity shares aggregating to (Rs) 151.09 crores by Quickroutes International Private Limited and 4,309,350 equity shares aggregating to (Rs) 117.65 crores by Accel India iv (Mauritius) Limited and 2,340,277 equity shares aggregating to (Rs) 63.89 crores by International Finance Corporation and 1,369,149 equity shares aggregating to (Rs) 37.38 crores by Internet fund iii pte ltd and 1,126,236 equity shares aggregating to (Rs) 30.75 crores by peak xv partners investments vi (formerly sci investments vi) and 618,373 equity shares aggregating to (Rs) 16.88 crores by vef ab (publ) and 529,783 equity shares aggregating to (Rs) 14.46 crores by sands capital private growth ii limited and 205,898 equity shares aggregating to (Rs) 5.62 crores by sands capital private growth limited pcc, cell d and 129,344 equity shares aggregating to (Rs) 3.53 crores by Sanjiv Rangrass ("Collectively the "Investor Selling Shareholders") and 85,405 equity shares aggregating to (Rs) 2.33 crores by Rajkumari Yabaji (the "Other Selling Shareholder") (the promoter selling shareholders, the investor selling shareholders and the other selling shareholder are collectively referred to as the "Selling Shareholders") and such equity shares offered by the selling shareholders ("Offer for Sale" and together with the fresh issue, the "Offer"). The offer includes a reservation of 26,000 equity shares of face value of Re. 1 each, aggregating to (Rs) 0.65 crores^ (constituting 3.65% of the post-offer paid-up equity share capital), for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the brlms may offer a discount of 10% of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 23.14% and 23.12% of the post-offer paid-up equity share capital of the company, respectively. The face value of equity shares is Re. 1 each. The offer price is 273 times the face value of the equity shares. ^ After employee discount.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
13-Nov-24
18-Nov-24
273.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 54     Further Multiples of : 54
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
519.72
Axis Capital Ltd
Project Financed
1114.72
 
Post Issue
17.65
 
Issue Price
273.00
 
Projects
Funding towards sales and marketing costs
Investment in Blackbuck Finserve Pvt Ltd for financing the augmentation of its capital base to meet its future capital requirements
Funding of expenditure in relation to product development
General corporate purposes
Promoted By
Rajesh Kumar Naidu Yabaji
Chanakya Hridaya
Ramasubramanian Balasubramania
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
.
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