The Zodiac Energy IPO date has been confirmed to have started on November 23, 2017 and ended on November 27, 2017. Read the post to learn about Zodiac Energy IPO GMP.
Big news from Zodiac Energy! They’re aiming to raise Rs 10.14 crores through their IPO. Each share is priced at ₹52, and the minimum lot size is 2000 shares. Retail investors should note the minimum investment requirement of ₹104,000. However, as the Company prepares for its IPO, a key determinant of success will be whether it can distinguish itself from similar firms and steal a share of national market.
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Bidding Dates
Nov 23-27
Price Range
₹52 per share
Face Value
₹10 per share
GMP
₹166.50
Zodiac Energy IPO GMP
The Zodiac Energy Limited IPO GMP Today is ₹166.50.
IPO Overview
Zodiac Energy’s fixed-price issuance, valued at Rs 10.14 crore, opened for bidding on November 23, 2017, concluding on November 27, 2017. Following this, the company’s shares debuted on the NSE SME exchange on December 5, 2017, priced at ₹52. Zodiac Energy Limited IPO GMP Today is ₹166.50. To apply, investors must adhere to a lot size requirement of 2000 shares, with a minimum commitment of ₹100,000 for retail investors. The Zodiac Energy’s IPO filing discloses the competitive landscape and potential risks it faces.
In the realm of renewable energy initiatives, the company has made significant strides with the implementation of more than 6,000 KW in rooftop solar power plants. Our sights are set higher as we aim to reach the 10,000 KW mark by the end of the 2017-18 fiscal year, demonstrating our dedication to sustainability. This company’s IPO is both a milestone for the business as well as symbolises its transformation from a beginning to a company which publicly traded.
Zodiac Energy IPO Details
| IPO Date | November 23, 2017 to November 27, 2017 |
| Listing Date | December 5, 2017 |
| Face Value | ₹10 per share |
| Price | ₹52 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 1,950,000 shares (aggregating up to ₹10.14 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Zodiac Energy Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹104,000 |
| Retail (Max) | 1 | 2000 | ₹104,000 |
Zodiac Energy Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | – |
| Other Shares Offered | 975,000 (50.00%) |
| Retail Shares Offered | 975,000 (50.00%) |
| Total Shares Offered | 1,950,000 (100%) |
Company Profile
Introducing Zodiac Energy Limited, a beacon in the energy sector, headquartered in the bustling city of Ahmedabad, Gujarat, since its inception in 1992. This stalwart specializes in providing comprehensive solutions for power plants, guiding projects from conception to completion. With expertise in design, supply, installation, testing, and commissioning (EPC), backed by vigilant operation and maintenance (O&M) practices, they uphold the reliability of power infrastructure. Success in the Company’s IPO might open the door for other businesses of similar nature to float their shares. To name a few, Sun-Edison India Limited, Adani Group, Torrent Power Limited, Gujarat Energy Development Agency, Reserve Bank of India, Directorate of Lighthouse and Lightships Government of India (GoI), and Indian Oil Corporation
Limited have all had solar power plants installed by Zodiac Energy.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Zodiac Energy Limited |
| Phone number | +91 79 2970 4116 |
| Email ID | [email protected] |
| Website | zodiacenergy.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Zodiac Energy IPO FAQs
When Zodiac Energy will open?
The Zodiac Energy opens on November 23, 2017 and closes on November 27, 2017.
What is the lot size of Zodiac Energy?
Zodiac Energy lot size is 2000 Shares, and the minimum amount required is ₹104,000.
When is Zodiac Energy listing date?
The Zodiac Energy listing date is on December 5, 2017.
