IPO Issue Details
Issue Price / Price Band₹130 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,000 Shares per Lot
Total Issue Size11,35,000 shares (aggregating up to ₹14.76 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 27 Jun 2016
Subscription CloseThu, 30 Jun 2016
Anchor AllotmentSun, 26 Jun 2016
Basis of AllotmentWed, 06 Jul 2016
Initiation of RefundsThu, 07 Jul 2016
Credit of Shares to DematThu, 07 Jul 2016
Listing DateThu, 07 Jul 2016
UPI Mandate Deadline2016-06-30
Application & Investment Details
Retail — Min (1 Lots)₹1,30,000 — 1,000 shares
Retail — Max (13 Lots)₹1,690,000 (13 Lots)
HNI — Min (2 Lots)₹2,60,000 — 2,000 shares
Net Offer to Public10,56,000 shares (aggregating up to ₹13.73 Cr)
Reserved for Market Maker79,000 shares (aggregating up to ₹1.03 Cr)
Pre-IPO Promoter Holding30,67,200 shares
Post-IPO Promoter Holding42,02,200 shares
About Zeal Aqua Ltd.
Incorporated in 2009, Zeal Aqua Ltd is an aquaculture company mainly engaged in farming and producing of shrimps. Information in this paragraph is copied from chittorgarh.com. The company provides white shrimps and tiger shrimps, as well as deals in shrimp seeds, feeds, probiotics, and others that are used in aquaculture of shrimps.Company is also engaged in satellite farming whereby Company supplies inputs i.e. shrimp feeds, shrimp seeds, probiotics and other aquaculture related products etc. on credit to small farmers and buys shrimps from these farmers. Content in this paragraph is copied from chittorgarh.com. Company has approx. 1050 satellite farms.Zeal Aqua has 81 ponds around 102 hectares of land in the region of Surat. They are one of the largest producers of Shrimp in Gujarat. They have more than 200 most scientific and eco friendly ponds which produce 1500 tons per year.
Objects of the Issue
Zeal Aqua Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Setting up shrimp processing Unit and Individually Quick Frozen(IQF) Shrimp products
51.46
2
2 General Corporate Purpose
1.23
3
3 Public Issue Expenses
0.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,67,200 shares
Post-IPO Promoter Holding
42,02,200 shares