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Zeal Global Services IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Logistics sector. Expert Global Consultants Private is the merchant banker of Zeal Global Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 8th June 2023.
Zeal Global Services IPO open date is 28th July 2023 and close date is 1st August 2023. IPO Allotment Date is 4th August 2023 and Listing date is 9th August 2023.Zeal Global Services IPO size is Rs 36.46 Cr. crores with IPO price of Rs 103.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Expert Global Consultants Private Limited is the book-running lead manager of the Zeal Global Services IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Zeal Global Services IPO.
Zeal Global Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Zeal Global Services IPO, based in New Delhi, operates in the Logistics sector with a focus on Logistics solutions in the Air Cargo. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Zeal Global Services IPO size is ₹ 36.46 Cr. Crores with fresh issue size of Rs 36.46 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Zeal Global Services IPO is expected to be 4th August 2023, after the finalization of basis of allotment. Investors can check Zeal Global Services IPO allotment status on the registrars website, Skyline Financial Services Private Limited. Zeal Global Services IPO refund dates are 7th August 2023.
Zeal Global Services IPO is expected to be listed on 9th August 2023.
The upper price band for the Zeal Global Services IPO is set at ₹ 103.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Zeal Global Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Zeal Global Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st August 2023. After submission, funds are blocked until the basis of allotment of Zeal Global Services IPO is finalised.
The merchant banker for Zeal Global Services IPO is Expert Global Consultants Private Limited . Expert Global Consultants Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Zeal Global Services IPO RHP for further details.
The registrar for Zeal Global Services IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Zeal Global Services IPO through their official website or helpline.
Zeal Global Services IPO was subscribed 4.06 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 36.46 Cr.
Avg IPO Size (Sector Based)
:
₹ 25.40 Cr.
Sector: Logistics
SME IPO so far:
49
Merchant Banker:
Expert Global
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 113.94 cr.
PE
Ratio:
13.83x
Average Sector PE Ratio: 15.61x
Zeal Global Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Zeal Global Services Financial Review Page
Merchant Banker(s) of Zeal Global Services IPO: Expert Global Consultants Private Limited
Zeal Global Services IPO subscription was 4.06 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Zeal Global Services IPO listed at a listing price of 170.15 against the offer price of 103.00.
The current market price of Zeal Global Services is 143.30.
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