Zinka’s truck with logistics tech needs a longer profit run

Zinka Logistics Solutions plans to raise Rs 1.115 billion through an IPO. The company provides digital platform solutions to truck operators. While it has shown traction, profitability remains a concern. Investors may wait for sustained profitable growth before investing. The promoter stake will fall to 28% post-IPO. Zinka Logistics Solutions plans to raise Rs 1.115 billion through an IPO. The company provides digital platform solutions to truck operators. While it has shown traction, profitability remains a concern. Investors may wait for sustained profitable growth before investing. The promoter stake will fall to 28% post-IPO.  Economic Times