BlackBuck IPO GMP History
BlackBuck IPO has been listed on November 22, 2024 at a listing price of ₹280.9, against the issue price of ₹273 — a gain of ₹7.9 (+2.89%). The GMP peaked at ₹30 on 11 November 2024 and reached a low of ₹0 on 14 November 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
BlackBuck IPO raised ₹1114.72 Cr. through its IPO at a price band of ₹259 to ₹273 per share, with a lot size of 54 shares. The IPO was open for subscription from 13 Nov 2024 to 18 Nov 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:30 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 14 Nov 2024 | ₹ 0 | ▼ | -- | — | — |
| 13 Nov 2024 | ₹ 10 | ▼ | 4% | — | — |
| 12 Nov 2024 | ₹ 25 | ▼ | 9% | — | — |
| 11 Nov 2024 | ₹ 30 | — | 11% | — | — |
BlackBuck IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 13 Nov 2024
- Close 18 Nov 2024
- Allotment 19 Nov 2024
- Refund/credit 20 Nov 2024
- Listing 22 Nov 2024
BlackBuck IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹273 |
|---|---|
| Listing gain / loss | +₹7.9 per share |
| Listing date | 22 Nov, 2024 |
| Actual listing price | ₹280.9 (+2.89%) |
Is BlackBuck IPO GMP reliable?
Grey market premium for BlackBuck IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the BlackBuck IPO full review for a fundamentals-based assessment before making any grey market trades.
BlackBuck IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for BlackBuck IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About BlackBuck IPO
Zinka Logistics Solutions Limited was incorporated as Zinka Logistics Solutions Private Limited at Bengaluru on 20 April 2015. As per RedSeer, it runs India's largest digital platform for truck operators by number of users.
In Fiscal 2024, 963,345 truck operators transacted on its BlackBuck platform, or 27.52% of India's truck operators. They use it to manage tolling and fuel payments, track drivers and fleets through telematics, find loads and get vehicle financing.
Its promoters are Rajesh Kumar Naidu Yabaji, Chanakya Hridaya and Ramasubramanian Balasubramaniam.
The IPO was Rs 1,114.72 crore, with Rs 550.03 crore of fresh issue and Rs 564.69 crore of offer for sale by investors and the three promoters. Fresh money was planned for marketing, its financing subsidiary and product development.
Frequently asked
What is the GMP of BlackBuck IPO?
The current Grey Market Premium (GMP) of BlackBuck IPO is not yet started or active in the market.
What is the Kostak Price of BlackBuck IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for BlackBuck IPO is not available.
What is the Subject to Sauda Price of BlackBuck IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of BlackBuck IPO?
BlackBuck IPO listed on November 22, 2024 at ₹280.9, against the issue price of ₹273 — a gain of +2.89%.
How did the GMP of BlackBuck IPO trend before listing?
The GMP of BlackBuck IPO was falling in its final days before listing. The GMP peaked at ₹30 on 11 November 2024. View the day-wise table above for the complete GMP history.
Explore BlackBuck IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
