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Zeal Aqua Ltd IPO (Zeal Aqua IPO) Detail

June 27, 2016 - June 30, 2016

Zeal Aqua IPO is a fixed price issue of Rs 14.76 crores.

Zeal Aqua IPO bidding started from June 27, 2016 and ended on June 30, 2016. The shares got listed on BSE SME on July 7, 2016.

Zeal Aqua IPO price is ₹130 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹130,000.

Corporate Strategic Allianz Ltd is the book running lead manager of the Zeal Aqua IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Zeal Aqua IPO RHP for detailed information.

Zeal Aqua IPO Details

IPO Date June 27, 2016 to June 30, 2016
Listing Date July 7, 2016
Face Value ₹10 per share
Price ₹130 per share
Lot Size 1000 Shares
Total Issue Size1,135,000 shares
(aggregating up to ₹14.76 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue3,067,200
Share holding post issue4,202,200
Market Maker portion79,000 shares

Zeal Aqua IPO Lot Size

Investors can bid for a minimum of 1000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1000 ₹130,000
Retail (Max) 1 1000 ₹130,000
Lot Size Calculator

Zeal Aqua IPO Promoter Holding

The promoters of the company are:

1. Mr Shhantilal Patel
2. Mr Pradeep Navik

Share Holding Pre Issue 93.74%
Share Holding Post Issue 68.42%

About Zeal Aqua Ltd

Incorporated in 2009, Zeal Aqua Ltd is an aquaculture company mainly engaged in farming and producing of shrimps. Information in this paragraph is copied from chittorgarh.com. The company provides white shrimps and tiger shrimps, as well as deals in shrimp seeds, feeds, probiotics, and others that are used in aquaculture of shrimps.

Company is also engaged in satellite farming whereby Company supplies inputs i.e. shrimp feeds, shrimp seeds, probiotics and other aquaculture related products etc. on credit to small farmers and buys shrimps from these farmers. Content in this paragraph is copied from chittorgarh.com. Company has approx. 1050 satellite farms.

Zeal Aqua has 81 ponds around 102 hectares of land in the region of Surat. They are one of the largest producers of Shrimp in Gujarat. They have more than 200 most scientific and eco friendly ponds which produce 1500 tons per year.

Key Performance Indicator

Objects of the Issue (Zeal Aqua IPO Objectives)

The objects of the Issue are:

1. Setting up shrimp processing Unit and Individually Quick Frozen(IQF) Shrimp products,
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.

Zeal Aqua IPO Review (Avoid)

[Dilip Davda]  

Being aggressively priced IPO, only risks aver cash surplus investors may consider investment for long term.

Read detail review...

Zeal Aqua IPO Prospectus

Zeal Aqua IPO Rating

16
2.8
Rating:Rated 2.8 stars
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Zeal Aqua IPO Listing Details

Listing Date July 7, 2016
BSE Script Code 539963
NSE Symbol
ISIN INE819S01017
Final Issue Price ₹130 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹130.00
₹133.00
₹131.30
₹138.00
₹134.60

Check IPO Performance…

Zeal Aqua Ltd Contact Details

Zeal Aqua Ltd
Plot No 4-5,
GIDC, Olpad,
Surat
Phone: +02621-220540
Email: ipo@zealaqua.com
Website: http://www.zealaqua.com

Zeal Aqua IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Zeal Aqua IPO - Buy or Not

Zeal Aqua IPO Recommendation Summary

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Brokers 0 0 1
Members 0 0 0

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Zeal Aqua IPO FAQs

Zeal Aqua IPO is a SME IPO of 1,135,000 equity shares of the face value of ₹10 aggregating up to ₹14.76 Crores. The issue is priced at ₹130 per share. The minimum order quantity is 1000 Shares.

The IPO opens on June 27, 2016, and closes on June 30, 2016.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Zeal Aqua IPO opens on June 27, 2016 and closes on June 30, 2016.

Zeal Aqua IPO lot size is 1000 Shares, and the minimum amount required is ₹130,000.

You can apply in Zeal Aqua IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Zeal Aqua IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Zeal Aqua IPO allotment status.

The Zeal Aqua IPO listing date is on July 7, 2016.
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Zeal Aqua IPO Message Board

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5 Comments

5. IPOANALYSIS |   Link |  Bookmark |July 9, 2016 1:07:55 PM
EXPENSIVE SME.

SELL THOSE WHO ALLOTTED. MUCH CHEAPER STOCK AVAILABLE AMONGST ITS PEERS.
4. ARUNAM |   Link |  Bookmark |June 30, 2016 3:37:04 PM
Please comment
3. HG |   Link |  Bookmark |June 30, 2016 11:40:37 AM
Hi eagleye, septa sir,

pls give your valuable insight about these SME IPO''s as well. should one can apply or not.
today is the last day of this ipo.
2. ARUNAM |   Link |  Bookmark |June 29, 2016 5:50:52 PM
can we buy ? please comment
1. IPO Curious |   Link |  Bookmark |June 29, 2016 9:38:40 AM
Minimum 1000 shares @ Rs 130! Isn''t is a bit too expensive minimum bid?