Zeal Global Services Limited IPO
Zeal Global Services Limited was a SME IPO in the Logistics Solution Provider sector, offered at ₹103–₹103 per share to raise ₹36 crore. It listed on 9 Aug 2023 at ₹147 and closed its first day at ₹154, a listing gain of +49.9% versus the ₹103 issue price. It now trades around ₹63 (-38.5% versus the issue price).
Frequently asked questions
- What were the Zeal Global Services Limited IPO listing gains?
- Zeal Global Services Limited listed on 9 Aug 2023 at ₹147, closing its first day at ₹154 — a listing gain of +49.9% versus the ₹103 issue price.
- What was the price band and lot size of the Zeal Global Services Limited IPO?
- The price band was ₹103–₹103 per share, with a minimum lot of 1,200 shares (₹1,23,600 at the upper band).
- Who were the registrar and lead manager for the Zeal Global Services Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Expert Global Consultants was the book-running lead manager.