Business
Subscribe for Zinka Logistics Solutions Ltd IPO; Anand Rathi
Subscribe for Zinka Logistics Solutions Ltd IPO; Anand Rathi
About this update from Blackbuck Ltd
Anand Rathi, Zinka Logistics Solutions LtdIncorporated on April 20, 2015, Zinka Logistics Solutions (“Zinka”) is an India’s largest digital platform for truck operators (in terms of number of users), with 963,345 truck operators in the country transacting on their platform in Fiscal 2024, which comprises 27.52% of India’s truck operators. Using their platform, their customers (primarily comprising truck operators) digitally manage payments for tolling and fuelling, monitor drivers and fleets using telematics, find loads on their marketplace and get access to financing for the purchase of used vehicles. Truck operators use the BlackBuck mobile application (the “BlackBuck App”) for their diverse business needs.Valuation and OutlookOn the valuation front, we believe that the company is fairly priced. Therefore, we recommend a “SUBSCRIBE - Long term” rating to the IPO.For all IPO report, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.Zinka Logistics Solutions -131124 - anand