The IPO date for Zeal Global Services has been set: July 28 to August 1. Zeal Global Services is an NSE SME IPO that will raise 36.46 crores through an IPO. The Zeal Global Services IPO price band is set at 103, with a market lot of 1200 shares.
Zeal Global Services is based in Delhi and has offices in major cities such as Delhi and Mumbai. Their international logistics operations are supported by a network of service partners and vendors with whom they have agreements that allow us to fulfill client requirements in India and throughout the world. Zeal Global Services is a company that provides logistical solutions to the airline industry. They have worked as General Sales and Service Agents (GSSA) and sales partners for regional airlines. The Company understands that
clients have special shipping requirements. As a result, they spend a significant amount of time with each client individually to understand their special needs. Our approach is to provide cost-effective solutions to our clients’ freighting demands by analyzing excessive aircraft, load, and destination compatibility to meet the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive, and industrials. The company’s commitment towards work has helped us attain the immense confidence and trust of our clients. We provide services to our clients across countries namely India, China, the Middle East, Sri Lanka, Singapore, and Malaysia.
Zeal Global Services IPO Date & Price Band Details
| IPO Open: | July 28, 2023 |
| IPO Close: | August 1, 2023 |
| IPO Size: | Approx ₹36.46 Crores, 3,540,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹103 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| QIB Quota: | [.]% of the net offer |
| NII Quota: | 50% of the net offer |
Zeal Global Services IPO Market Lot
The Zeal Global Services IPO minimum market lot is 1200 shares with a ₹123,600 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹123,600 |
| Retail Maximum | 1 | 1200 | ₹123,600 |
| S-HNI Minimum | 2 | 2400 | ₹247,200 |
Objects of the Issue:
- Working capital requirement;
- Investments in subsidiaries for business expansion;
- Part repayment of debt;
- General corporate purposes
- To meet issue expenses
Zeal Global Services IPO Review
- To be updated soon
Zeal Global Services IPO Dates
The Zeal Global Services IPO date is July 28 and the IPO close date is August 1. The IPO allotment date is August 4 and the IPO might list on August 9.
| IPO Open Date: | July 28, 2023 |
| IPO Close Date: | August 1, 2023 |
| Basis of Allotment: | August 4, 2023 |
| Refunds: | August 7, 2023 |
| Credit to Demat Account: | August 8 2023 |
| IPO Listing Date: | August 9, 2023 |
Zeal Global Services IPO Form
How to apply Zeal Global Services IPO? –> You can apply Zeal Global Services IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Zeal Global Services IPO in the Invest section. The other option you can apply Zeal Global Services IPO via IPO forms download via the NSE website.
Zeal Global Services Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹76.71 | ₹74.91 | ₹1.26 |
| 2021 | ₹60.95 | ₹58.66 | ₹1.88 |
| 2022 | ₹121.28 | ₹114.16 | ₹7.22 |
| 2023 10M | ₹95.05 | ₹83.86 | ₹8.38 |
Zeal Global Services IPO Valuation – FY2023 (January)
Check Zeal Global Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.97 per Equity Share |
| Price/Earning P/E Ratio: | 12.18 |
| Return on Net Worth (RoNW): | 56.56% |
| Net Asset Value (NAV): | ₹21.65 per Equity Share |
Peer Group
- Hercules Aviation Private Limited
- Planit Travglobal Private Limited
- Zeal Global Services Limited
Zeal Global Services IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com
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: cs@zeal-global.com
Website: https://www.zeal-global.com
Company Promoters
- Mr. Nipun Anand
- Mr. Vishal Sharma
Zeal Global Services IPO Lead Managers aka Merchant Bankers
- Expert Global Consultants Private Limited
Zeal Global Services IPO FAQs :
Q1. What is Zeal Global Services IPO?
Ans. Zeal Global Services IPO is an NSE SME IPO. They are going to raise ₹36.46 Crores via IPO. The issue is priced at ₹103 per equity share. The IPO is to be listed on NSE.
Q2. When Zeal Global Services IPO will open?
Ans. The IPO is to open on July 28, 2023 for QIB, NII, and Retail Investors.
Q3. What is Zeal Global Services IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is [.], and Retail is 50%.
Q4. How to Apply the Zeal Global Services IPO?
Ans. You can apply Zeal Global Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Zeal Global Services IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Zeal Global Services”. 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. Open Demat Account with Zerodha.
Q6. How to Apply the Zeal Global Services IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Zeal Global Services”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Zeal Global Services IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Zeal Global Services”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Zeal Global Services IPO Size?
Ans. Zeal Global Services IPO size is ₹36.46 crores.
Q9. What is Zeal Global Services IPO Price Band?
Ans. Zeal Global Services IPO Price Band is ₹103 per equity share.
Q10. What is Zeal Global Services IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 1200 shares with ₹123,600.
Q11. What is Zeal Global Services IPO Allotment Date?
Ans. Zeal Global Services IPO allotment date is August 4, 2023.
Q12. What is Zeal Global Services IPO Listing Date?
Ans. Zeal Global Services IPO listing date is August 9, 2023. The IPO to list on NSE SME.
