Zeal Global Services IPO Date, Review, Price, Allotment, Analysis

Zeal Global Services IPO Details: Zeal Global Services IPO date is fixed, The IPO will open on July 28 and will close on August 1. Zeal Global Services is an NSE SME IPO to raise ₹36.46 crores via IPO. The Zeal Global Services IPO price band is fixed at ₹103 with a market lot of 1200 shares.

Zeal Global Services IPO

Table of Contents

Zeal Global Services is headquartered in Delhi and has a presence in major locations such as Delhi and Mumbai. Their international logistics operations are supported by a network of service partners and vendors with whom they enter into agreements that enables us to service client requirements across India and abroad.

Zeal Global Services is engaged in the business of providing logistics solutions in the Air Cargo Industry. They have been operating as General Sales and Service Agents (GSSA) and sales partners for airlines in the region. The Company realizes that clients have specific requirements about their shipments. They, therefore, spend considerable time with clients individually to understand their specific requirements. Our approach is to bring economical solutions to our client’s freighting needs through – excessive aircraft, load, and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive, and industrials.

The company’s commitment towards work has helped us attain the immense confidence and trust of our clients. We provide services to our clients across countries namely India, China, the Middle East, Sri Lanka, Singapore, and Malaysia.

Objects of the Issue:

  • Working capital requirement;
  • Investments in subsidiaries for business expansion;
  • Part repayment of debt;
  • General corporate purposes
  • To meet issue expenses

Zeal Global Services IPO Review

  • May Apply

Zeal Global Services IPO Date & Price Band Details

IPO Open:July 28, 2023
IPO Close:August 1, 2023
IPO Size:Approx ₹36.46 Crores, 3,540,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹103 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Zeal Global Services IPO Market Lot

The Zeal Global Services IPO minimum market lot is 1200 shares with a ₹123,600 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹123,600
Retail Maximum11200₹123,600
S-HNI Minimum22400₹247,200

Zeal Global Services IPO Dates

The Zeal Global Services IPO date is July 28 and the IPO close date is August 1. The IPO allotment date is August 4 and the IPO might list on August 9.

IPO Open Date:July 28, 2023
IPO Close Date:August 1, 2023
Basis of Allotment:August 4, 2023
Refunds:August 7, 2023
Credit to Demat Account:August 8 2023
IPO Listing Date:August 9, 2023

You can check IPO subscription status and IPO allotment status on their respective pages.

Zeal Global Services IPO Form

How to apply Zeal Global Services IPO? You can apply Zeal Global Services IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Zeal Global Services IPO in the Invest section. The other option you can apply Zeal Global Services IPO via IPO forms download via the NSE website. Check out the Zeal Global Services forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.


Zeal Global Services Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2020₹76.71₹74.91₹1.26
2021₹60.95₹58.66₹1.88
2022₹121.28₹114.16₹7.22
2023 10M₹95.05₹83.86₹8.38

Zeal Global Services IPO Valuation – FY2023 (January)

Check Zeal Global Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹6.97 per Equity Share
Price/Earning P/E Ratio:12.18
Return on Net Worth (RoNW):56.56%
Net Asset Value (NAV):₹21.65 per Equity Share

Peer Group

  • Hercules Aviation Private Limited
  • Planit Travglobal Private Limited
  • Zeal Global Services Limited

Company Promoters

  • Mr. Nipun Anand
  • Mr. Vishal Sharma

Zeal Global Services IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/

Zeal Global Services IPO Allotment Status

Check Zeal Global Services IPO allotment status on Skyline Financial website URL. Click Here

Zeal Global Services IPO Lead Managers aka Merchant Bankers

  • Expert Global Consultants Private Limited

Company Address

Zeal Global Services Limited
A – 261/262, Third Floor,
Street No. 6, Mahipalpur Extension,
New Delhi – 110037
Phone: +91 11 4144 4063
Email: [email protected]
Website: https://www.zeal-global.com/

Zeal Global Services IPO FAQs


What is Zeal Global Services IPO?

Zeal Global Services IPO is an NSE SME IPO. They are going to raise ₹36.46 Crores via IPO. The issue is priced at ₹103 per equity share. The IPO is to be listed on NSE.

When Zeal Global Services IPO will open?

The IPO is to open on July 28, 2023 for QIB, NII, and Retail Investors.

What is Zeal Global Services IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is [.], and Retail is 50%.

How to Apply the Zeal Global Services IPO?

You can apply Zeal Global Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Zeal Global Services IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Zeal Global Services”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Zeal Global Services IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Zeal Global Services”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Zeal Global Services IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Zeal Global Services”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Zeal Global Services IPO Size?

Zeal Global Services IPO size is ₹36.46 crores.

What is Zeal Global Services IPO Price Band?

Zeal Global Services IPO Price Band is ₹103 per equity share.

What is Zeal Global Services IPO Minimum and Maximum Lot Size?

The IPO bid is 1200 shares with ₹123,600.

What is Zeal Global Services IPO Allotment Date?

Zeal Global Services IPO allotment date is August 4, 2023.

What is Zeal Global Services IPO Listing Date?

Zeal Global Services IPO listing date is August 9, 2023. The IPO to list on NSE SME.

Note: The Zeal Global Services IPO details are announced officially. The IPO grey market premium (Zeal Global Services IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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