Zeal Global IPO GMP Details
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Zeal Global Services Limited, incorporated in 2014, specializes in providing logistics solutions in the Air Cargo Industry. Based in Delhi, the company extends its services to other cities as well. Operating as a GSSA (General Sales and Service Agent) and a sales partner for airlines, Zeal Global Services serves two main verticals:
- Cargo Carrier Service
- Passenger Carrier Service
Tailoring its solutions to meet the specific freight requirements of clients, Zeal Global Services offers cost-effective services to various industries such as fashion, pharmaceuticals, automotive, and industrials.
Additionally, the company provides support services to its customers. These services are:
- Sales
- Marketing
- Administration
- Operations
Objects of the Issue
The proceeds from the Issue will be utilized by the company for the following purposes:
- Meeting the working capital requirements.
- Making investments in subsidiaries for business expansion.
- Part repayment of debt.
- General corporate purposes.
- Covering issue-related expenses.
Zeal Global IPO Details
IPO Date | Jul 28, 2023 to Aug 1, 2023 |
Listing Date | [.] |
Face Value | ₹10 per share |
Price | ₹103 per share |
Lot Size | 1200 Shares |
Total Issue Size | 3,540,000 shares (aggregating up to ₹36.46 Cr) |
Fresh Issue | 3,540,000 shares (aggregating up to ₹36.46 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | NSE SME |
Market Maker portion | 177,600 shares Rikhav Securities |
RHP Draft Prospectus: | Click Here |
Zeal Global IPO Lot Size
The Zeal Global Services IPO lot size is 1200 shares.
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1200 | ₹123,600 |
Retail (Max) | 1 | 1200 | ₹123,600 |
HNI (Min) | 2 | 2,400 | ₹247,200 |
Zeal Global Services IPO Dates
Zeal Global Services IPO opens on Jul 28, 2023, and closes on Aug 1, 2023.
IPO Open Date | Friday, 28 July 2023 |
IPO Close Date | Tuesday, 1 August 2023 |
Basis of Allotment | Friday, 4 August 2023 |
Initiation of Refunds | Monday, 7 August 2023 |
Credit of Shares to Demat | Tuesday, 8 August 2023 |
Listing Date | Wednesday, 9 August 2023 |
Cut-off time for UPI mandate confirmation | 5 PM on Aug 1, 2023 |
Zeal Global Services Ltd Company Financial Report
Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
31-Mar-20 | 2,203.03 | 7,671.09 | 133.60 | 435.76 | 375.76 | 258.00 |
31-Mar-21 | 1,893.07 | 6,094.93 | 169.61 | 603.09 | 543.09 | 171.41 |
31-Mar-22 | 3,194.82 | 12,127.77 | 524.30 | 1,277.22 | 1,081.82 | 194.32 |
31-Jan-23 | 4,969.26 | 9,505.38 | 826.65 | 2,115.61 | 1,920.21 | 1,243.92 |
Amount in ₹ Lakhs |
Zeal Global Services Contact Information
Zeal Global Services Limited
A – 261/262, Third Floor,
Street No. 6, Mahipalpur Extension,
New Delhi – 110037
Phone: +91 11 4144 4063
Email: cs@zeal-global.com
Website: https://www.zeal-global.com/
Zeal Global Services IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Zeal Global Services IPO FAQs
What is Zeal Global Services IPO?
Zeal Global Services IPO is a SME IPO of 3,540,000 equity shares with a face value of ₹10, aggregating up to ₹36.46 Crores. The issue is priced at ₹103 per share, and the minimum order quantity is 1200 shares. The IPO opens on Jul 28, 2023, and closes on Aug 1, 2023. The shares are proposed to be listed on NSE SME.
How to apply in Zeal Global Services IPO through Zerodha?
Zerodha customers can apply online in Zeal Global Services IPO using UPI as a payment gateway. To apply, login to Zerodha Console (back office) and submit the IPO application form. Enter your UPI ID, Quantity, and Price, and ‘Submit’ the form. Approve the mandate through the UPI App (net banking or BHIM).
When will Zeal Global Services IPO open?
Zeal Global Services IPO opens on Jul 28, 2023, and closes on Aug 1, 2023.
What is the lot size of Zeal Global Services IPO?
Zeal Global Services IPO lot size is 1200 shares, and the minimum order quantity is the same.
How to apply for Zeal Global Services IPO?
You can apply for Zeal Global Services IPO online using UPI or ASBA as the payment method. ASBA IPO application is available in the net banking of your bank account, while UPI IPO application is offered by brokers without banking services.
When is Zeal Global Services IPO allotment?
The finalization of Basis of Allotment for Zeal Global Services IPO will be on Friday, 4 August 2023. The allotted shares will be credited to your demat account by Tuesday, 8 August 2023.
When is Zeal Global Services IPO listing date?
The Zeal Global Services IPO listing date is yet to be announced. The tentative date of Zeal Global Services IPO listing is Wednesday, 9 August 2023.