Underwriters turn to A&O Shearman for the INR11.15 billion IPO of Zinka Logistics, India’s largest digital platform for truck operators

Zinka Logistics is India’s largest digital platform for truck operators, with 27% of the country’s truck operators using the platform. Through Zinka’s BlackBuck mobile application, customers can digitally manage payments for tolling and fueling, monitor drivers and fleets using telematics, find loads and get access to financing for the purchase of used vehicles. Zinka Logistics aims to digitally empower a large and unorganized base of truck operators in India and help them operate effectively and efficiently.

A&O Shearman advised as international legal counsel to the underwriters, highlighting its strong capabilities in India’s equity capital markets. The firm has advised on several landmark Indian deals in recent years.

Pallavi Gopinath Aney, A&O Shearman partner and Joint Chair of the firm’s India Group, said: "We are delighted to have advised the underwriters on this IPO, demonstrating that our deep understanding of the Indian market has us well-positioned to serve one of the world’s fastest growing economies, where IPO activity is at a record high."

The A&O Shearman team included Pallavi Gopinath Aney, Alexander Stathopoulos, Serena Upadhyay and Shinjan Alok.