What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Zeal Global Services Limited IPO?

Zeal Global Services Limited IPO has received a total subscription of 4.10 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Zeal Global Services Limited

ListedSME

Logistics & Supply Chain · NSE

Incorporated in 2014, Zeal Global Services Limited is a Delhi-based company offering logistics solutions in the air cargo industry. The company operates as a General Sales and Service Agent (GSSA) and also as a sales partner for airlines across various regions. Zeal Global provides services in two main verticals — Cargo Carrier Services and Passenger Carrier Services — and tailors economical freight solutions as per client needs across industries like fashion, pharma, automotive and industrials. Along with its core logistics operations, the company also supports customers with sales, marketing, administration and operations services.

Price Band

₹103

Issue Size

₹36.46 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹103

at current GMP

Subscribed

4.10x

overall

Open

28 Jul 2023

1 Aug 2023

Allotment

4 Aug 2023

Refund

5 Aug 2023

Demat Credit

6 Aug 2023

Listing

9 Aug 2023

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

4.10x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

4.36x

High Net-Worth

Retail (RII)

3.85x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 4.10x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,681,200	7,324,800	4.36x
RETAIL	1,681,200	6,469,200	3.85x
Total	3,362,400	13,794,000	4.10x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 3.87x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,032	3,973	3.85x
HNIs (10L +)	7	31	4.36x
HNIs (2-10L)	32	140	4.36x
Total Applications	1,071	4,144	3.87x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Zeal Global Services Limited Public Issue & Market Profile

Zeal Global Services Limited is bringing an initial public offering (IPO) in the Logistics & Supply Chain sector with an aggregate issue size of ₹36.46 Crores. The shares are offered at a price band of ₹103 to ₹103 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2023-08-01, the basis of allotment is scheduled to be finalized on 2023-08-04. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Zeal Global Services Limited IPO GMP today?

Currently, Zeal Global Services Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹103 to ₹103 per equity share.

What is the expected profit per lot for Zeal Global Services Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,23,600. Expected listing price is ₹103 per equity share.

What is the issue size and price band for Zeal Global Services Limited IPO?

The Zeal Global Services Limited IPO aggregate issue size is ₹36.46 Crores with an equity price band set at ₹103 to ₹103 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,23,600.

How can I check Zeal Global Services Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.10x (Retail: 3.85x, QIB: 0.00x, NII: 4.36x). You can track live multiples directly on our dedicated subscription page.

Where and when will Zeal Global Services Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2023-08-04. Investors can verify status using PAN card or application number.

When is the listing date for Zeal Global Services Limited IPO?

Zeal Global Services Limited shares are scheduled to list on NSE on 2023-08-09.