Zeal Global Services (NSE SME)

Jul 28, 2023 - Aug 1, 2023

Price ₹103 - ₹103
Premium
Lot size 1200
Allotment Aug 4, 2023
Listing Aug 9, 2023

Category Lot(s) Qty Amount Reserved
Retail 1 1200 123600 0
HNI 2 2400 247200 0
CategoryOfferedAppliedTimes
NIB16,81,20073,24,8004.36
RETAIL16,81,20064,69,2003.85
Total33,62,4001,37,94,0004.1
Retail Apps5,391© IPO Premium
About

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

Zeal Global Services IPO Details

Total Issue Size 3,540,000 shares
(aggregating up to ₹36.46 Cr)
Fresh Issue 3,540,000 shares
(aggregating up to ₹36.46 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion 177,600 shares
Rikhav Securities

Zeal Global Services IPO Reservation

Company Financials

Period Ended 31-Mar-
20
31-Mar-
21
31-Mar-
22
31-Jan-
23
Assets 2,203.03 1,893.07 3,194.82 4,969.26
Revenue 7,671.09 6,094.93 12,127.77 9,505.38
Profit 133.60 169.61 524.30 826.65
Net
Worth
435.76 603.09 1,277.22 2,115.61
Reserves
and
Surplus
375.76 543.09 1,081.82 1,920.21
Borrowing 258.00 171.41 194.32 1,243.92
Lead Manager(s)
Strength
Weakness
Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php