BlackBuck IPO allottees are expected to have limited initial gains when the shares debut on November 22 due to weak market sentiments.

Analysts recommend a long-term hold strategy, as the company's strong market presence could lead to future growth.

Zinka Logistics' IPO has received a subscription rate of 1.87 times, but the current grey market premium suggests a flat listing for the company's shares.

Sagar Shetty, a Research Analyst at StoxBox, believes that the muted opening may be influenced by high valuation concerns, despite the trucking industry's robust growth trajectory.

The industry remains highly fragmented, with a large number of trucks and truck operators active in India as of Fiscal 2024.