Zodiac Energy is another Ahmedabad based company incorporated in 1992. The company is energy solution provider and doing majority of verticals of power generations spectrum. The company services includes design, supply, installation, testing and commissioning. They installed solar power plants for many clients like Sun-Edison India Limited, Adani Group, Torrent Power Limited, Gujarat Energy development Agency, Reserve Bank of India, Directorate of Lighthouse and Lightships Government of India (GoI), Indian Oil Corporation Limited and more. Company installed 6000 kw of rooftop solar power plants and will reach 10000 kw by end of 2017-18. The company has good potential and one can subscribe for listing gain.
IPO Review:
- Apply for Listing Gain
Zodiac Energy IPO Dates & Price Band:
- IPO Open: 23 November 2017
- IPO Close: 27 November 2017
- IPO Size: Approx Rs 10.14 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs 52 Per Equity Share
- Listing on: NSE SME
- Shares: 1,950,000
- Retail Portion: 50%
IPO Market Lot:
- Shares: Apply for 2,000 Shares (Minimum Lot Size)
- Amount: Rs.1,04,000
| Financial Performance (in INR lakh) | ||||||
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018(Q1) | |
| Total revenue | 885.6 | 952.5 | 870.1 | 920.5 | 1,674.3 | 824.8 |
| Total expenses | 865.9 | 936.6 | 864.4 | 904.6 | 1,639.4 | 759.5 |
| Profit after tax | 9.4 | 11.1 | 4.6 | 11.0 | 23.8 | 49.0 |
Grey Market Premium:
- The grey market is around Rs.12500 Subject to Sauda.
Zodiac Energy IPO Subscription Status:
- IPO Subscribed 103.31 times overall
Zodiac Energy IPO Allotment Status:
Company Promoters:
- Mr. Kunjbihari Shah
- Mr. Jugalkishor Shah
Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in
IPO Lead Managers:
- Swastika Investmart Ltd
Company Address:
Zodiac Energy Limited
A-1204, Siddhi Vinayak Towers,
Off S G Highway, Makarba, Vejalpur,
Ahmedabad 380 051
Phone: +91 79 2970 4116
Email: [email protected]
Website: http://zodiacenergy.com/
