BlackBuck IPO Allotment Status

Summary

BlackBuck IPO has closed with moderate response from investors, achieving a subscription of 1.87 times by 18th November 2024 at 5:21:08 PM (Day 3). The public issue witnessed varied demand across categories. The Employee portion led with strong interest at 9.87 times subscription. The Qualified Institutional Buyers (QIB) showed decent interest with 2.72 times subscription.

The Retail Investors segment achieved 1.70 times subscription. The Non-Institutional Investors (NII) category showed lower interest with 0.24 times subscription, with small NIIs (sNII) at 0.37 times and big NIIs (bNII) at 0.18 times. The Anchor Investors portion was fully subscribed before the public issue, raising ₹501.335 crores. The offering received a total of 1,29,071 applications.

How to Check BlackBuck IPO Allotment Status:

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BlackBuck's initial public offering (IPO) is a book built issue of ₹1,114.72 crores. This offering consists of a fresh issue of 2.01 crore shares aggregating to ₹550.00 crores and an offer for sale of 2.07 crore shares aggregating to ₹564.72 crores. The bidding process commenced on 13th November 2024 and concluded on 18th November 2024. The allotment results are anticipated to be finalised on 19th November 2024. The shares are set to be listed on BSE and NSE, with a provisional listing date scheduled for 21st November 2024. The price band has been established between ₹259 and ₹273 per share, with an employee discount of ₹25 per share. Investors must apply for a minimum lot size of 54 shares, which requires a minimum investment of ₹14,742 for retail investors. For small NIIs, the minimum investment is 14 lots (756 shares), totalling ₹206,388, and for big NIIs, it is 68 lots (3,672 shares), totalling ₹1,002,456. Axis Capital Limited, Morgan Stanley India Company Pvt Ltd, JM Financial Limited and IIFL Securities Ltd serve as the book running lead managers for the IPO, while Kfin Technologies Limited is designated as the registrar for this offering.

How do you CheckBlackBuck IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web gateway of Kfin Technologies Limited. (https://ris.kfintech.com/ipostatus/)

Step 2: From the selection menu, choose BlackBuck IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to CheckBlackBuck IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the BlackBuck IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Zinka Logistics Solution Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

BlackBuck IPO Timeline:

BlackBuck IPO Subscription Status

BlackBuck IPO received 1.87 times subscription with 1,29,071 applications. By 18th November 2024 at 5:21:08 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:21:08 PM)
Total Subscription: 1.87 times
QIB: 2.72 times 
NII: 0.24 times
bNII (>₹10L): 0.18 times 
sNII (<₹10L): 0.37 times 
Retail investors: 1.70 times 
Employee: 9.87 times 

Subscription Day 2 (November 14, 2024)
Total Subscription: 0.32 times
QIB: 0.25 times
NII: 0.04 times
Retail investors: 0.92 times
Employee: 5.37 times

Subscription Day 1 (November 13, 2024)
Total Subscription: 0.24 times
QIB: 0.25 times
NII: 0.02 times
Retail investors: 0.52 times
Employee: 3.25 times

BlackBuck IPO Details 

BlackBuck's initial public offering (IPO) is a book built issue of ₹1,114.72 crores. This offering consists of a fresh issue of 2.01 crore shares aggregating to ₹550.00 crores and an offer for sale of 2.07 crore shares aggregating to ₹564.72 crores.

The bidding process commenced on 13th November 2024 and concluded on 18th November 2024. The allotment results are anticipated to be finalised on 19th November 2024. The shares are set to be listed on BSE and NSE, with a provisional listing date scheduled for 21st November 2024.

The price band has been established between ₹259 and ₹273 per share, with an employee discount of ₹25 per share. Investors must apply for a minimum lot size of 54 shares, which requires a minimum investment of ₹14,742 for retail investors. For small NIIs, the minimum investment is 14 lots (756 shares), totalling ₹206,388, and for big NIIs, it is 68 lots (3,672 shares), totalling ₹1,002,456.

Axis Capital Limited, Morgan Stanley India Company Pvt Ltd, JM Financial Limited and IIFL Securities Ltd serve as the book running lead managers for the IPO, while Kfin Technologies Limited is designated as the registrar for this offering.