Zeal Global Services Limited IPO
Zeal Global Services Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹103 per share. The stock debuted at ₹147, delivering a listing gain of 42.7%. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,23,600.
Zeal Global Services Limited IPO
- IPO Dates
- Jul 28, 2023 – Aug 1, 2023
- Price band
- ₹103 per equity share
- Minimum Investment
- ₹1,23,600
- Issue size
- 3,540,000 shares(aggregating up to ₹36.46 Cr)
- Lot size
- 1200
- Allotment Date
- Aug 4, 2023
- Listing
- Aug 9, 2023
- Listing At
- NSE SME
IPO timeline
-
Jul 28, 2023
Open Date
Completed
-
Aug 1, 2023
Close Date
Completed
-
Aug 4, 2023
Allotment Date
Completed
-
Aug 9, 2023
Listing Date
Completed
Zeal Global Services Limited IPO Essentials
Zeal Global Services Limited IPO Details
Zeal Global Services Limited IPO is priced at ₹103 per share with a total issue size of 3,540,000 shares(aggregating up to ₹36.46 Cr). The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹103 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,540,000 shares(aggregating up to ₹36.46 Cr)
- Listing at
- NSE SME
- List price
- 147.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Expert Global Consultants Private Limited
Zeal Global Services Limited IPO Analytics
Zeal Global Services Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Zeal Global Services Limited IPO Subscription Status
Zeal Global Services Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,680,000 | 1,682,400 | 3,362,400 |
|
Day 1
28-07-23 06:00 PM
|
(0.92) x | 0.35 x | 0.64 x |
|
Day 2
31-07-23 06:00 PM
|
(1.31) x | 1.44 x | 1.37 x |
|
Day 3
01-08-23 05:00 PM
|
(4.26) x | 3.85 x | 4.06 x |
Zeal Global Services Limited Valuations
Earnings
- EPS (Post IPO)
- ₹6.97/-
- P/E Ratio
- 12.18
Returns
- RoNW
- 56.56%
Zeal Global Services Limited Financials( In Lakhs)
| 31-Jan-23 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 4,969.26 | 3,194.82 | 1,893.07 | 2,203.03 |
| Revenue | 9,505.38 | 12,127.77 | 6,094.93 | 7,671.09 |
| Profit After Tax | 826.65 | 524.30 | 169.61 | 133.60 |
Zeal Global Services Limited Company & Offer Insights
About Zeal Global Services Limited
Zeal Global Services Limited is engaged in the operations of offering logistics solutions in the Air Cargo Industry. The company's head office is situated in Delhi and it offers its services in other cities too. The company operates as GSSA i.e., General Sales and Service Agent as well as a sales partner for airline in the region.
Zeal Global Services broadly provides its offering in two verticals, which are:
Cargo Carrier Service
Passenger Carrier Service
Given the specific requirements of the clients, Zeal Global Services Limited curates economical solutions for their freight requirements. The company deploy its services to various industries like fashion, pharmaceuticals, automotive, and industrials.
Zeal Global Services Limited Promoter(s)
Mr. Nipun Anand, Mr. Vishal Sharma are the company's promoters of Zeal Global Services Limited.
Zeal Global Services Limited IPO Issue Objectives
- •
- Working capital requirement
- •
- Investments in subsidiaries for business expansion
- •
- Part repayment of debt
- •
- General corporate purposes
- •
- To meet issue expenses
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Zeal Global Services Limited IPO is a Fixed Priced IPO worth ₹3,540,000 shares(aggregating up to ₹36.46 Cr). The issue price is ₹103 per share (fixed price). The IPO opens on Jul 28, 2023 and closes on Aug 1, 2023. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Zeal Global Services Limited IPO is ₹103 per share (fixed price).
The lot size of Zeal Global Services Limited IPO is 1200 shares.
The minimum investment for Zeal Global Services Limited IPO is approximately ₹1,23,600 based on the issue price .
Zeal Global Services Limited IPO opens on Jul 28, 2023 and closes on Aug 1, 2023.
The allotment date of Zeal Global Services Limited IPO is Aug 4, 2023.
Zeal Global Services Limited IPO is expected to be listed on Aug 9, 2023, on NSE SME Platform.
Zeal Global Services Limited IPO valuation snapshot: P/E 12.18, EPS ₹6.97/-, P/B N/A, RoNW 56.56%, and market cap N/A.
To apply for Zeal Global Services Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Zeal Global Services Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Zeal Global Services Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Zeal Global Services Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Zeal Global Services Limited IPO allotment status on IPO Ji for quick and easy access.