Zeal Aqua Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 528,000 (47%) | — | ₹686 Cr |
| Retail | — | 528,000 (47%) | — | ₹686 Cr |
| Market Maker | — | 79,000 (7%) | — | ₹10 Cr |
| Σ Total | — | 1,135,000 (100%) | — | ₹14,755 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹130,000 |
| Retail (Max) | 13 | 13,000 | ₹1,690,000 |
| S-HNI (Min) | 14 | 14,000 | ₹1,820,000 |
| B-HNI (Min) | 67 | 67,000 | ₹8,710,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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
Company Overview
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.