About Blackbuck

IPO date

13th – 18th Nov 2024

Listing date

21 Nov 2024

Price range

₹259 – ₹273 Lot size 54 — ₹14742

Issue size

1115cr

Incorporated in 2015, Zinka Logistics Solutions (Blackbuck) is India’s largest digital platform for truck operators, serving nearly a million users in Fiscal 2024, representing over 27.5% of India’s truck operators. Its key offerings include payments solutions for tolls and fuel, holding a market share of 32.9% in the truck tolling segment and partnering with oil marketing companies for cashless fuel payments at 72% of Indian fuel stations. Telematics services provide real-time fleet management and route optimization, while its loads marketplace connects truck operators with shippers, making it India’s largest digital freight platform. Vehicle financing options also cater to used commercial vehicle purchases. By March 2024, Blackbuck had established a network across 628 districts, covering 80% of India, with 9,395 digital touchpoints for onboarding and servicing.