Zeal Global Services Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹103 - ₹103
- Lot size
- 1,200 shares
- Issue amount
- ₹36.46 cr
- Total subscription
- 4.1×
- Opens
- 28 Jul 2023
- Closes
- 1 Aug 2023
- Allotment
- 4 Aug 2023
- Listing
- 9 Aug 2023
Offer at a glance
Issue overview
- Issue size
- 35,40,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,23,600
- Fresh issue
- ₹36.46 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,23,600
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 97,69,750
- Shares after issue
- 1,33,09,750
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,23,600 |
| HNI | 2 | 2,400 | ₹2,47,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 17.32 | 66.63 |
| NIB | 17.32 | 75.45 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 8.46 |
| ROE | 39.07 |
| ROCE | 0.56 |
| RONW | 48.73 |
| PRE IPO(PE) | 13.83 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2014, Zeal Global Services Limited is a Delhi-based company offering logistics solutions in the air cargo industry. The company operates as a General Sales and Service Agent (GSSA) and also as a sales partner for airlines across various regions. Zeal Global provides services in two main verticals — Cargo Carrier Services and Passenger Carrier Services — and tailors economical freight solutions as per client needs across industries like fashion, pharma, automotive and industrials. Along with its core logistics operations, the company also supports customers with sales, marketing, administration and operations services.
Promoters
Mr. Nipun Anand
Mr. Vishal Sharma
Registrar & documents
Lead manager
Expert Global Consultants Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
A - 261/262, Third Floor, Street No. 6, Mahipalpur Extension, New Delhi - 110037
+91 11 4144 4063
[email protected]Company website ↗Understanding ZEAL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.