IPO Trending
ZEALSME / NSEListed
Zeal Global Services

Incorporated in 2014, Zeal Global Services Limited is a Delhi-based company offering logistics solutions in the air cargo industry. The company operates as a General Sales and Service Agent (GSSA) and also as a sales partner for airlines across various regions. Zeal Global provides services in two main verticals — Cargo Carrier Services and Passenger Carrier Services — and tailors economical freight solutions as per client needs across industries like fashion, pharma, automotive and industrials. Along with its core logistics operations, the company also supports customers with sales, marketing, administration and operations services.

DRHP
₹103 - ₹1034.1x sub
Listed Price₹147.00
Listing Gain+42.72%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open28 Jul 2023
Close01 Aug 2023
Allotment04 Aug 2023
Listing09 Aug 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,82,400 shares
47.53%
Nii(hni)16,80,000 shares
47.46%
Market Maker1,77,600 shares
5.02%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,23,600
HNI2 Lots (2,400 shares)
₹2,47,200

Company Promoters

Mr. Nipun AnandMr. Vishal Sharma

Company Background

Incorporated in 2014, Zeal Global Services Limited is a Delhi-based company offering logistics solutions in the air cargo industry. The company operates as a General Sales and Service Agent (GSSA) and also as a sales partner for airlines across various regions. Zeal Global provides services in two main verticals — Cargo Carrier Services and Passenger Carrier...

Lead Managers & Bankers

Expert Global Consultants Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2020)₹7671.09 Cr
Growth-19.3%
Revenue Trend (₹ in Crores)
0.04.6k9.3k13.9kMar 2023Mar 2022Mar 2021Mar 2020
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 20207,671.09133.602,203.03258.00
Mar 20216,094.93169.611,893.07171.41
Mar 202212,127.77524.303,194.82194.32
Mar 20239,505.38826.654,969.261,243.92

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values8.4639.07%0.56%13.830

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Limited

Allotment Finalized
Allotment Date
04 Aug 2023
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Limited
Listing Date
09 Aug 2023

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Limited

Direct allotment verification on the official registrar portal appointed for Zeal Global Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization04 Aug 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date09 Aug 2023Trading commences on exchange

How to Check Zeal Global Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Zeal Global Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About Zeal Global Services IPO

Complete issue overview for Zeal Global Services (ZEAL) IPO. The issue features an equity share price band of ₹103 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,23,600). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions