The floor price for the deal has been set at Rs 405 per share, the sources added.
Zinka Logistics, incorporated on April 20, 2015, operates what is considered the country’s largest digital platform for truck operators by user count. In FY24, over 9.6 lakh truck operators—representing 27.52% of India’s total—used the platform.
The platform enables truck operators to manage toll and fuel payments, monitor fleets using telematics, find freight via a digital marketplace, and access financing for used vehicles. Most users access these services through the BlackBuck mobile app.
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Financials
For the quarter ended March 31, 2025, Zinka Logistics reported a consolidated total income of Rs 136.76 crore, up 11.03% from Rs 123.18 crore in the previous quarter and 47.54% higher than Rs 92.69 crore in the year-ago period. Net profit after tax stood at Rs 280.17 crore.Also Read: India’s top 10 priciest stocks in 2025: MRF to Elcid, see who tops the list
Shareholding Pattern
As of March 31, 2025, promoters held a 27.7% stake in the company. Foreign institutional investors (FIIs) owned 11.59%, while domestic institutional investors (DIIs) held 10.26%.
Zinka Logistics share price target
According to Trendlyne, the average target price for Zinka Logistics is Rs 571, indicating a potential upside of nearly 31% from current levels. Of the six analysts tracking the stock, the consensus rating is ‘Buy’.
Zinka Logistics shares are down 4% year-to-date but have gained 35% over the past six months. The company’s current market capitalisation stands at Rs 7,814 crore.
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