| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹36.46 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹36.46 Cr |
| Fresh Issue | ₹34.63 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน103.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ZEAL |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| Lead Managers | Expert Global Consultants Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
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:
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | ||||
| KPI | Jan 31, 2023 | Mar 31, 2022 |
|---|---|---|
| ROE | 39.07% | 41.05% |
| ROCE | 56% | 58% |
| Debt / Equity | 0.59% | 0.15% |
| RoNW | 39.63% | 56.56% |
| PAT Margin | 4.33% | |
| Price to Book Value | 4.76 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 8.46 | |
| P/E (x) | 13.83 | |
| Promoter Holding | 100.00% | 73.40% |
| Market Cap | โน137.09 Cr. | |