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Home All IPOs Zeal Global Services Ltd IPO
Zeal Global Services Ltd IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹103
Issue Price
₹103
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹103
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹123,600
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
28 Jul 2023
Fri Completed
Done
Close Date
01 Aug 2023
Tue Completed
Done
Allotment
04 Aug 2023
Fri Completed
Done
Refund
07 Aug 2023
Mon Completed
Done
Demat Credit
08 Aug 2023
Tue Completed
Done
Listing Date
09 Aug 2023
Wed Completed
UPI Deadline: 01 Aug 2023
Issue Details
Pricing & Size
Issue Price
₹103 Face ₹10
Lot Size
1,200 shares
Min Investment
₹123,600
Total Issue Size
35,40,000 shares (aggregating up to ₹36.46 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,77,600 (5.02%)
QIB Portion
-
NII / HNI
16,80,000 (47.46%)
Retail
16,82,400 (47.53%)
Employee
-
Net Offer to Public
33,62,400 shares (aggregating up to ₹34.63 Cr)
Shareholding Pattern
Pre-Issue Shareholding
97,69,750 shares
Post-Issue Shareholding
1,33,09,750 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,23,600
HNI / NII 2 2,400 ₹2,47,200
Objects of Issue
4 objectives
1
Working capital requirement;
12.00 Cr
2
Investments in subsidiaries for business expansion;
10.00 Cr
3
Part repayment of debt
4.32 Cr
4
General corporate purposes;
7.12 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Expert Global Consultants Pvt.Ltd
Market Maker
Rikhav Securities Ltd
IPO Timeline
Open
28 Jul
✓ Done
Close
01 Aug
✓ Done
Allotment
04 Aug
✓ Done
Listing
09 Aug
✓ Done
Registrar Details
Skyline Financial Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
02228511022
Email
ipo@skylinerta.com
Company Contact
Email
cs@zeal-global.com
Phone
+91 11 4144 4063
Address
A - 261/262, Third Floor, Street No. 6, Mahipalpur Extension, New Delhi, New Delhi, 110037
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹103
Est. Listing
₹103
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Zeal Global Services Ltd LIVE
INR ·
vs Issue
Open
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P/E
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| Price
Market Reference
IPO Issue Price
₹103
GMP
+₹0 (+0%)
GMP Est. Listing
₹103
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 16,80,000 (47.46%) ₹1,730.40 Cr
Retail Investors 16,82,400 (47.53%) ₹1,732.87 Cr
Total ** 35,40,000 (100.00%) ₹36,462.00 Cr
Market Maker * 1,77,600 (5.02%) ₹18.29 Cr
* Based on ₹103.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
16,80,000 (47.46%)
Retail
16,82,400 (47.53%)
Market Maker
1,77,600 (5.02%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31-Jan-2331-Mar-2231-Mar-21
Revenue9505.3812127.776094.93
PAT826.65524.30169.61
EBITDA
Net Worth2115.611277.22603.09
Total Assets4969.263194.821893.07
Reserves1920.211081.82543.09
Borrowings1243.92194.32171.41
Key Financial Ratios
39.07%
ROE
Return on Equity
0.56
ROCE
Return on Capital Employed
48.73%
RONW
Return on Net Worth
0.59
D/E Ratio
Debt to Equity
8.46
Pre EPS
EPS Pre-Issue
13.83
Pre P/E
P/E Pre-Issue
About Zeal Global Services Ltd

Incorporated in 2014, 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.

Further, Zeal Global also offers some support services to their customers. These services are:

  • Sales
  • Marketing
  • Administration
  • Operations
Frequently Asked Questions
What is the issue price of Zeal Global Services Ltd IPO?
The issue price of Zeal Global Services Ltd IPO is ₹103 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹123,600.
What are the IPO dates?
Opens 28 Jul 2023, closes 01 Aug 2023.
When is the listing date?
Tentative listing: 09 Aug 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹103 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Zeal Global Services Ltd IPO · Expected 04 Aug 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
04 Aug 2023
Refund Initiation
07 Aug 2023
Demat Credit
08 Aug 2023
Listing Date
09 Aug 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹103
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹123,600
1 lot
Est. Listing
₹103
GMP +₹0
Key Dates
Open
28 Jul Done
Close
01 Aug Done
Listing
09 Aug Done
Registrar
Skyline Financial Services Pvt.Ltd.
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