The IPO of the parent of Flipkart-backed trucking aggregator BlackBuck consists of a fresh issue of shares worth Rs 550 crore and an offer-for-sale of up to Rs 565 crore. The price band of Rs 259 to Rs 273 per share values the company at Rs 4,818 crore, down 36% from its private valuation of Rs 7,500 crore in July 2021, following a funding round led by Tribe Capital.