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Zeal Global Services Ltd

Registered Office : A-261/262 3rd Floor Street # 6,Mahipalpur Extn,New Delhi New Delhi 110037 Phone : +91 11 4144 4063
Fax : +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

Opens On

Closes On

28-Jul-2023

01-Aug-2023

Money Payable On

Application

Allotment

103.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

33.44

36.46

13.31

103.00

Expert Global Consultants Pvt Ltd

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

Skyline Financial Services Pvt