Zeal Global Services (NSE SME)
July 28, 2023 – August 1, 2023
| Price | ₹103 - ₹103 |
| Premium | ₹ |
|---|---|
| Lot size | 1200 |
| Allotment | Aug 4, 2023 |
| Listing | Aug 9, 2023 |
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/
| Category | Offered | Applied | Times |
|---|---|---|---|
| NIB | 16,81,200 | 73,24,800 | 4.36 |
| RETAIL | 16,81,200 | 64,69,200 | 3.85 |
| Total | 33,62,400 | 1,37,94,000 | 4.1 |
| Retail Apps | 5,391 | © IPO Premium | |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 123600 | 0 |
| HNI | 2 | 2400 | 247200 | 0 |
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
Zeal Global Services IPO Details
| 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 |
Zeal Global Services IPO Reservation
Company Financials
| Period Ended | 31-Mar- 20 | 31-Mar- 21 | 31-Mar- 22 | 31-Jan- 23 |
|---|---|---|---|---|
| Assets | 2,203.03 | 1,893.07 | 3,194.82 | 4,969.26 |
| Revenue | 7,671.09 | 6,094.93 | 12,127.77 | 9,505.38 |
| Profit | 133.60 | 169.61 | 524.30 | 826.65 |
| Net Worth | 435.76 | 603.09 | 1,277.22 | 2,115.61 |
| Reserves and Surplus | 375.76 | 543.09 | 1,081.82 | 1,920.21 |
| Borrowing | 258.00 | 171.41 | 194.32 | 1,243.92 |