IPO Synopsis

Zeal Global Services Ltd
Registered Office: A-261/262 3rd Floor Street # 6,Mahipalpur Extn,New Delhi-110037, New Delhi
Tel. No: +91 11 4144 4063
Fax No: +91 11 4144 4063
Email: cs@zeal-global.com
Website: www.zeal-global.com
Initial public issue of upto 35,40,000 equity shares of face value of Rs. 10/- each of Zeal Global Services Limited (the "Company" or the "Issuer") for cash at a price of Rs. 103/- per equity share including a share premium of Rs. 93/- per share (the "Issue Price") aggregating to Rs. 36.46 crores ("The Issue"), of which up to 1,77,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 103/- per equity share including a share premium of Rs. 93/- per equity share aggregating to Rs. 1.83 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e net issue of 33,62,400 equity shares of face value of Rs. 10/- each at a price of Rs. 103/- per equity share aggregating to Rs. 34.63 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 26.60% and 25.26% respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 10.30 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
28-Jul-2023 01-Aug-2023 ₹103.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of :1200
(₹ Cr) Lead Managers to the Issue
Project Cost 33.44 Expert Global Consultants Pvt Ltd
Project Financed through Current Offer 36.46
Post Issue Equity Share Capital 13.31
Issue Price 103.00
Projects
Working capital requirement
Investment in subsidiary for business expansion
Part repayment of debt
General corporate purposes
Promoted By
Nipun Anand
Vishal Sharma
Listing At
NSE - SME
Registrar To The Issue