SMEClosed

Zeal Global Services Limited IPO Subscription Status

📅Offer Date: 28 Jul 2023 – 01 Aug 2023

Minimum investment
₹1,23,6001200 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total4.06x
QIB4.26x
NII4.26x
Retail3.85x

Zeal Global Services Limited IPO was subscribed 4.06x in total when bidding closed on 01 Aug 2023, with 4.26x in the QIB category, 4.26x in NII, 3.85x in retail. The issue ran from 28 Jul 2023 to 01 Aug 2023 at a price band of ₹103.00 per share.

QIB4.26xNII4.26xRetail3.85xTotal4.06x1×

Times subscribed by category against the 1× line.

4
≈ 1 in 4 retail allotment
low allotment chance

Based on retail subscription (3.85x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail16,82,40064,77,2403.85x
Total33,62,4001,36,51,3444.06x
QIB / NII16,80,00071,56,8004.26x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail17.3366.723.85x
QIB / NII17.3073.724.26x
Total34.63140.434.06x

Values derived from share count × issue price (₹103.00)

What this means for allotment & listing

Because Zeal Global Services Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Zeal Global Services Limited IPO subscription FAQs