CosmicTaco

BlackBuck's IPO Set for November 13 Launch

CosmicTaco · 2024-11-08T12:42:11.569224+05:30

- BlackBuck, a Flipkart-backed logistics startup, has set its IPO for November 13 with a price band of INR 259 to INR 273 per share. - The company aims to raise INR 1,114.72 Cr through the IPO, with the largest chunk of capital, INR 200 Cr, to be used for sales and marketing activities. - BlackBuck reported a net loss of INR 28.67 Cr on an operating revenue of INR 92.16 Cr in Q1 FY25. Source: [Inc42](https://inc42.com/buzz/blackbuck-files-rhp-ipo-to-hit-dalal-street-on-november-13/)

BlackBuck, a Flipkart-backed logistics startup, has set its IPO for November 13 with a price band of INR 259 to INR 273 per share.
The company aims to raise INR 1,114.72 Cr through the IPO, with the largest chunk of capital, INR 200 Cr, to be used for sales and marketing activities.
BlackBuck reported a net loss of INR 28.67 Cr on an operating revenue of INR 92.16 Cr in Q1 FY25.

Source: Inc42