Fixed Price IPO | ₹15 Cr | Listed at BSE SME | Mon, Jun 27, 2016 - Thu, Jun 30, 2016
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Mon, Jun 27, 2016
IPO Close
Thu, Jun 30, 2016
Issue Price
₹130 per share
Market Cap (Pre-IPO)
₹54.63 Cr
| IPO Date | 27 to 30 Jun, 2016 |
| Listed on | Thu, Jul 7, 2016 |
| Face Value | ₹10 per share |
| Issue Price | ₹130 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 11,35,000 shares (agg. up to ₹15 Cr) |
| Reserved for Market Maker | 79,000 shares (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 10,56,000 shares (agg. up to ₹14 Cr) |
| Net Offered to Public | 10,56,000 shares (agg. up to ₹14 Cr) |
| Share Holding Pre Issue | 30,67,200 shares |
| Share Holding Post Issue | 42,02,200 shares |
| BSE Script Code | 539963 |
| ISIN | INE819S01017 |
Zeal Aqua IPO comprises a total issue size of 11,35,000 shares. The net offer to the public is 10,56,000 shares, after excluding 79,000 shares allotted on a firm basis. Of the Net offer 5,28,000 (50.00%) allocated to NII 5,28,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 5,28,000 | 50.00% | 46.52% |
| Retail Shares Offered | 5,28,000 | 50.00% | 46.52% |
| Firm Reservations | |||
| Market Maker Shares Offered | 79,000 | 6.96% | |
| Total Shares Offered | 11,35,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| 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 |
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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up shrimp processing Unit and Individually Quick Frozen(IQF) Shrimp products | 51.46 |
| 2 | General Corporate Purpose | 1.23 |
| 3 | Public Issue Expenses | 0.50 |
| KPI | |
|---|---|
| RoNW | 15.84% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 93.74% | 68.42% |
| Market Cap | ₹54.63 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses and regulatory fees. | 0.40 |
| 2 | Printing & Stationery and Postage Expenses | 0.03 |
| 3 | Marketing and Advertisement Expenses | 0.03 |
| 4 | Regulatory fees and other expenses | 0.03 |
| 5 | Other Miscellaneous expenses | 0.03 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹130.00 |
| Open | ₹133.00 |
| Low | ₹131.30 |
| High | ₹138.00 |
| Last Trade | ₹134.60 |
Lead Manager Reports
Zeal Aqua IPO is a SME IPO of 11,35,000 equity shares of the face value of ₹10 aggregating up to ₹15 Crores. The issue is priced at ₹130 per share. The minimum order quantity is 1000.
The IPO opens on Mon, Jun 27, 2016, and closes on Thu, Jun 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 Mon, Jun 27, 2016 and closes on Thu, Jun 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 Thu, Jul 7, 2016.
