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Zeal Aqua IPO is a fixed price issue of ₹14.76 crores. The issue is entirely a fresh issue of 0.11 crore shares of ₹14.76 crore.
Zeal Aqua IPO bidding started from Jun 27, 2016 and ended on Jun 30, 2016. The shares got listed on BSE SME on Jul 7, 2016.
Zeal Aqua IPO price is ₹130.00 per share . The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹1,30,000 (1000 shares). The minimum lot size investment for HNI is 2 lots (2,000 shares), amounting to ₹2,60,000.
Corporate Strategic Allianz Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Refer to Zeal Aqua IPO RHP for detailed Information.
| IPO Date | June 27, 2016 to June 30, 2016 |
| Listing Date | July 7, 2016 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹130 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 11,35,000 shares (aggregating up to ₹14.76 Cr) |
| Reserved for Market Maker | 79,000 shares (aggregating up to ₹1.03 Cr) |
| Net Offered to Public | 10,56,000 shares (aggregating up to ₹13.73 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 30,67,200 shares |
| Share Holding Post Issue | 42,02,200 shares |
Zeal Aqua IPO offers total 11,35,000 shares. Out of which 5,28,000 (46.52%) allocated to NII, 5,28,000 (46.52%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 79,000 (6.96%) |
| NII (HNI) Shares Offered | 5,28,000 (46.52%) |
| Retail Shares Offered | 5,28,000 (46.52%) |
| Total Shares Offered | 11,35,000 (100.00%) |
Zeal Aqua IPO opens on June 27, 2016, and closes on June 30, 2016.
| IPO Open Date | Mon, Jun 27, 2016 |
| IPO Close Date | Thu, Jun 30, 2016 |
| Tentative Listing Date | Thu, Jul 7, 2016 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Jun 30, 2016 |
Investors can bid for a minimum of 1,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,30,000 |
| Retail (Max) | 1 | 1,000 | ₹1,30,000 |
| HNI (Min) | 2 | 2,000 | ₹2,60,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| KPI | Values |
|---|---|
| RoNW | 15.84% |
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.
[Dilip Davda] <p><strong>Being aggressively priced IPO, only risks aver cash surplus investors may consider investment for long term.</strong></p> Read detail review...
| Listing Date | July 7, 2016 |
| BSE Script Code | 539963 |
| NSE Symbol | |
| ISIN | INE819S01017 |
| Final Issue Price | ₹130 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹130.00 |
| Open | ₹133.00 |
| Low | ₹131.30 |
| High | ₹138.00 |
| Last Trade | ₹134.60 |
Zeal Aqua Ltd.
Plot No 4-5,
GIDC, Olpad,
Surat
Surat, Gujarat
Phone: +02621-220540
Email: ipo@zealaqua.com
Website: http://www.zealaqua.com
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Zeal Aqua IPO is a SME IPO of 11,35,000 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.
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.
Zerodha customers can apply online in Zeal Aqua IPO using UPI as a payment gateway. Zerodha customers can apply in Zeal Aqua IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Zeal Aqua IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Zeal Aqua IPO opens on June 27, 2016 and closes on June 30, 2016.
Zeal Aqua IPO lot size is 1000, and the minimum amount required for application is ₹1,30,000.
You can apply in Zeal Aqua IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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 Thursday, July 7, 2016.
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