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Open
28 Jul to 1 Aug, 2023
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Close
28 Jul to 1 Aug, 2023
3
Allotment
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Listing
Wed, Aug 9, 2023
Price Band
₹103 per share
Issue Size
35,40,000 shares (agg. up to ₹36 Cr)
Lot Size
1,200 Shares
Listing Date
Wed, Aug 9, 2023
Latest GMP
₹1
Est. Gain
0.97%
✦ AI Insight
GMP Trend
09-08-2023₹1Est. ₹104+0.97%
08-08-2023₹1Est. ₹104+0.97%
07-08-2023₹1Est. ₹104+0.97%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.97x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Jan 2023 | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|---|
| Assets | 49.69 | 31.95 | 18.93 | 22.03 |
| Total Income | 95.05 | 121.28 | 60.95 | 76.71 |
| Profit After Tax | 8.27 | 5.24 | 1.70 | 1.34 |
| NET Worth | 21.16 | 12.77 | 6.03 | 4.36 |
| Reserves and Surplus | 19.20 | 10.82 | 5.43 | 3.76 |
| Total Borrowing | 12.44 | 1.94 | 1.71 | 2.58 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Transvoy Logistics India Ltd. | SME | ₹5.11 Cr | ₹71 | 34.63 | ₹74.55 | +5.00% | ₹109.95 (+4.71%) |
| Amiable Logistics (India) Ltd. | SME | ₹4.37 Cr | ₹81 | 10.9 | ₹136.40 | +68.40% | ₹72.95 (-0.07%) |
| Cargosol Logistics Ltd. | SME | ₹7.56 Cr | ₹28 | 5.15 | ₹44.50 | +58.93% | ₹26.75 (+4.90%) |
| Cargotrans Maritime Ltd. | SME | ₹4.86 Cr | ₹45 | 7.77 | ₹73.50 | +63.33% | ₹97.00 (-7.18%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirement; | 12.00 |
| 2 | Investments in subsidiaries for business expansion; | 10.00 |
| 3 | Part repayment of debt | 4.32 |
| 4 | General corporate purposes; | 7.12 |
About Zeal Global Services IPO
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 + Read More
Contact Details
Zeal Global Services Ltd. AddressA-261/262, Third FloorStreet No.6Mahipalpur ExtensionNew Delhi, New Delhi, 110037+91 11 4144 4063cs@zeal-global.comVisit Website