Issue Price
₹103
Per Share
GMP
NIL
Grey Market
Est. Listing
₹103
Expected Price
Min. Application
₹247,200
2 lots × 1200 shares
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 ServicePassenger Carrier ServiceGiven 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:SalesMarketingAdministrationOperations
Zeal Global Services Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 177,600 | — | ₹1.83 Cr | — |
| TOTAL | 3,540,000 | 100.00% | ₹36.46 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹123,600 |
| Retail (Max) | 13 | 15,600 | ₹1,606,800 |
| sNII (Min) | 14 | 16,800 | ₹1,730,400 |
| bNII (Min) | 68 | 81,600 | ₹8,404,800 |
| Particulars | 31-Jan-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 9505.38 | 12127.77 | 6094.93 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 826.65 | 524.30 | 169.61 |
| Net Worth | 2115.61 | 1277.22 | 603.09 |
| Total Assets | 4969.26 | 3194.82 | 1893.07 |
| Reserves & Surplus | 1920.21 | 1081.82 | 543.09 |
| Total Borrowings | 1243.92 | 194.32 | 171.41 |