Zinka Logistics IPO Sees Lukewarm Investor Response

• The IPO of Zinka Logistics, parent of BlackBuck App, has seen a muted response, with only 53% subscription by day two.
• Retail investors showed more interest, with a 1.33 times subscription, while QIBs and NIIs lagged behind.
• Despite a flat grey market premium, brokerages recommend a long-term subscription due to the company's market leadership and reasonable valuation.

Source: Business News India, Times Now News