Zodiac Energy Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 926,000 (47%) | — | ₹482 Cr |
| Retail | — | 926,000 (47%) | — | ₹482 Cr |
| Market Maker | — | 98,000 (5%) | — | ₹5 Cr |
| Σ Total | — | 1,950,000 (100%) | — | ₹10,140 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 | 2,000 | ₹104,000 |
| Retail (Max) | 13 | 26,000 | ₹1,352,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,456,000 |
| B-HNI (Min) | 67 | 134,000 | ₹6,968,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30-Jun-2017 | 31-Mar-2017 | 31-Mar-2016 |
|---|---|---|---|
| Revenue | 825 | 1,674 | 920 |
| Profit After Tax | 49 | 24 | 11 |
| Net Worth | 201 | 152 | 129 |
| Total Assets | 1,183 | 787 | 574 |
| Reserves & Surplus | 113 | 88 | 88 |
| Total Borrowing | 570 | 355 | 292 |
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
- Net Incremental Working Capital Requirement – 7.95
- General Corporate Purpose – 1.69
- Public Issue Expenses – 0.5
Company Overview
Incorporated in 1992, Zodiac Energy Limited is Ahmedabad, Gujrat based Energy Solution Provider company. Company provides turnkey solutions from concept to commissioning of power plants. The services provided by the company include design, supply, installation, testing and commissioning (EPC) and operation & maintenance (O&M).
Zodiac Energy has installed solar power plants for many prominent clients like Sun-Edison India Limited, Adani Group, Torrent Power Limited, Gujarat Energy development Agency, Reserve Bank of India, Directorate of Lighthouse and Lightships Government of India (GoI), Indian Oil Corporation Limited to name a few. The company has installed more than 6,000 KW of Rooftop solar power plants till now and it envisages to reach at 10,000 KW by end of 2017-18.