Zeal Global Services Limited IPO
NSE SMEListed On: Aug 9, 2023 at ₹ 147.0
₹ 247200 /2400 Shares
*Min Investment
28 Jul, 2023
Open Date01 Aug, 2023
Close Date04 Aug, 2023
Allotment Date09 Aug, 2023
Listing DateZeal Global Services Limited IPO Issue Details
- Issue Price ₹103 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 3,540,000 shares(aggregating up to ₹36.46 Cr)
- Listing at NSE SME
- List Price 147.0
- Listing Date 2023-08-09
- Lead Manager Expert Global Consultants Private Limited
- Registrar Skyline Financial Services Private Ltd
Zeal Global Services Limited IPO Details
- Retail Portion 50%
Zeal Global Services Limited IPO Details
Zeal Global Services Limited IPO is an SME IPO, priced at ₹103 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform.
The IPO bidding window is open from Jul 28, 2023 to Aug 1, 2023. The allotment is expected to be finalized on Aug 4, 2023, and the tentative listing date is Aug 9, 2023.
The registrar of the IPO is Skyline Financial Services Private Ltd, and
Zeal Global Services Limited IPO Subscription Analysis And Details
| 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
Zeal Global Services Limited Company Financials
| 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 |
About Zeal Global Services Limited Company
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
Pre Issue Share Holding : %
Post Issue Share Holding : %
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
Zeal Global Services Limited IPO - FAQs
Ans. Zeal Global Services Limited IPO is a SME IPO. The issue is priced at ₹103 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Jul 28, 2023, and closes on Aug 1, 2023. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Zeal Global Services Limited IPO opens on Jul 28, 2023 and closes on Aug 1, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Zeal Global Services Limited IPO is 3,540,000 shares(aggregating up to ₹36.46 Cr).
Ans. The Zeal Global Services Limited IPO price band is set between ₹103 per equity share.
Ans. To apply for Zeal Global Services Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Zeal Global Services Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Zeal Global Services Limited IPO is Aug 4, 2023.
Ans. The Zeal Global Services Limited IPO will be listed on Aug 9, 2023.
Ans. Follow the steps to check the Zeal Global Services Limited IPO allotment status online.
