Zeal Global Services IPO will be Open on 28 July 2023 and closes on 01 August 2023. The company has fixed the price of this IPO at ₹103 according to the face value of ₹10. The company will raise ₹36.46 Crores through this IPO under the 3,540,000 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Zeal Global Services IPO GMP here.
Zeal Global Services is engaged in the business of providing logistics solutions in the Air Cargo Industry. The company has been operating as a general sales and Service Agent (“GSSA”) and sales partner for airlines in the region. The company provides services to our clients across countries, namely India, China, the Middle East, Sri Lanka, Singapore, and Malaysia. You can check Zeal Global Services IPO subscription status here.
The common approach is to bring economical solutions to our clients freighting needs through excessive aircraft, load, and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive, and industrial. You can check Zeal Global Services IPO Allotment status here.
Objects Of The Issue :
- Working capital requirement;
- Investments in subsidiaries for business expansion;
- Part repayment of debt;
- General corporate purposes; and
- To meet issue expenses.
Company Strengths :
- Scalable Business Model
- Long standing Customer Relationships
- Experienced Promoter
- Efficient team and market leadership
| Read also: Upcoming IPO List 2023 |
Zeal Global Services IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹8.26 Cr ₹103/ EQ 8.46 6.92x 39.07 % 48.73 % 0.56 % 0.59 ₹21.65 ₹49.69 Cr ₹137.09 Cr 100.00 % 73.40 % |
| Team Review : | ✔ Apply For Long Term |
Zeal Global Services IPO GMP Live:
Zeal Global Services IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 02 Aug 2023 | Check Live GMP | ₹10200 |
| 01 Aug 2023 | ₹9-₹10 | ₹10200 |
| 31 Jul 2023 | ₹9-₹10 | ₹10200 |
| 30 Jul 2023 | ₹9-₹10 | ₹10200 |
| 29 Jul 2023 | ₹9-₹10 | ₹10200 |
Zeal Global Services IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 28 July 2023 |
| IPO Close : | 01 August 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹103 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹36.46 Cr (3,540,000 Shares) |
| Fresh Issue : | ₹36.46 Cr (3,540,000 Shares) |
| Offer For Sale : | – |
Zeal Global Services IPO Market Lot :
Zeal Global Services IPO Minimum Market lot is 1 Lot with 1200 shares with ₹123,600 Application amount. The retail investors can apply up to 1 lots with 1200 Shares or ₹123,600 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 1200 | ₹123,600 |
| Retail (Max) : | 1 | 1200 | ₹123,600 |
| S-HNI (Min) : | 2 | 2,400 | ₹247,200 |
Zeal Global Services IPO Shares Offer :
A Total of 3,540,000 shares are to be bid for the public issue by Zeal Global Services IPO with 3,540,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 3,540,000 | ₹36.46 Cr |
| Offer For Sale : | – | – |
| Total : | 3,540,000 | ₹36.46 Cr |
Zeal Global Services IPO Net Reservation :
Zeal Global Services IPO Net Reservation of 3,540,000 shares are to be bid for the public issue by Zeal Global Services IPO with – for QIB and 1,680,000 for NII 1,682,400 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | % | – | ₹ |
| NII : | 50% | 1,680,000 | ₹17.30 Cr |
| RII : | 50% | 1,682,400 | ₹17.32 Cr |
| MMRP : | – % | 177,600 | ₹1.82 Cr |
| Total : | 100% | 3,540,000 | ₹36.46 Cr |
Zeal Global Services IPO Dates :
Zeal Global Services IPO Date is 28 July 2023 to 01 August 2023. The allotment will be finalized on 04 August 2023 and the IPO may list on 09 August 2023.
| Issue Open Date : | 28 July 2023 |
| Issue Close Date : | 01 August 2023 |
| Allotment Date : | 04 August 2023 |
| Refund Date : | 07 August 2023 |
| Share Credit Date : | 08 August 2023 |
| Listing Date : | 09 August 2023 |
Zeal Global Services IPO Form :
There are two ways to apply in Zeal Global Services IPO. You can apply for Zeal Global Services IPO through ASBA available in your bank account. You have to go to your online bank login and select Zeal Global Services IPO in the Invest section and apply through your bank account. Another option is you can apply Zeal Global Services IPO through IPO form download through NSE and BSE. See the Zeal Global Services IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Zeal Global Services Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹9,505.38 | ₹8,385.66 | ₹826.65 |
| 2022 | ₹12,127.77 | ₹11,415.94 | ₹524.30 |
| 2021 | ₹6,094.93 | ₹5,866.29 | ₹169.61 |
Company Promoters :
■ Mr. Nipun Anand.
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Zeal Global Services IPO Lead Managers :
■ Expert Global Consultants Private Limited.
Zeal Global Services IPO Registrar :
Skyline Financial Services Private Limited
A/506, Dattani Plaza, Andheri Kurla Road,
Safeed Pool, Andheri East,
Mumbai – 400 072, Maharashtra, India
Telephone: +91 22 2851 1022
Facsimile: +91 22 2851 1022
Email: https://www.skylinerta.com/;
Investor Grievance Email: [email protected]
Website: https://www.skylinerta.com/
Note: Check Zeal Global Services IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Zeal Global Services Limited
A – 261/262, Third Floor,
Street No. 6, Mahipalpur Extension,
New Delhi – 110037
Phone: +91 11 4144 4063
Email: [email protected]
Website: https://www.zeal-global.com/
Zeal Global Services IPO FAQs :
What is Zeal Global Services IPO?
Zeal Global Services IPO is SME IPO. They are going to raise ₹36.46 Crores via IPO. The issue is priced at ₹103 per equity share. The IPO to be listed on NSE, SME.
When Zeal Global Services IPO will open?
The IPO is to open on 28 July 2023 to 01 August 2023 for QIB, NII & RII.
How much is Zeal Global Services IPO Size?
Zeal Global Services IPO size is ₹36.46 Crores.
How much is the Fresh issue size of Zeal Global Services IPO?
The Fresh issue size of Zeal Global Services IPO ₹36.46 Cr.
How much is the Offer For Sale size of Zeal Global Services IPO?
The Offer For Sale size of Zeal Global Services IPO ₹-.
What is Zeal Global Services IPO Price Band?
Zeal Global Services IPO Price Band is ₹103 Per share.
What is the Zeal Global Services IPO Minimum and Maximum Lot Size?
The minimum bid is 1200 Shares with ₹123,600 amount while the maximum bid is 1200 shares with ₹123,600.
How much is Zeal Global Services IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Zeal Global Services IPO Allotment Date?
Zeal Global Services IPO allotment date is 04 August 2023.
When is Zeal Global Services IPO Listing Date?
Zeal Global Services IPO listing date is 09 August 2023. The IPO to list on BSE, SME.
How to Apply the Zeal Global Services IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Zeal Global Services IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Zeal Global Services IPO through Upstox?
“You Can Apply SME IPO in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Zeal Global Services IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Zeal Global Services IPO through Groww?
“You Can Apply SME IPO in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Zeal Global Services IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Zeal Global Services IPO through Paytm Money?
“You Can Apply SME IPO in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Zeal Global Services IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Zeal Global Services GMP: Click Here Zeal Global Services Subscription: Click Here Zeal Global Services Allotment: Click Here Zeal Global Services Listing: Click Here |
All Zeal Global Services IPO-related links are available here. If you want to know the details then click on Click Here Link.
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