Zodiac Energy is another Ahmedabad based company incorporated in 1992. The company is energy solution provider and doing majority of verticals of power generations spectrum. The company services includes design, supply, installation, testing and commissioning. They installed solar power plants for many 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 and more. Company installed 6000 kw of rooftop solar power plants and will reach 10000 kw by end of 2017-18. The company has good potential and one can subscribe for listing gain.
IPO Review:
Grey Market Premium:
Company Promoters:
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: zodiacenergy.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
IPO Lead Managers:
Zodiac Energy Limited
A-1204, Siddhi Vinayak Towers,
Off S G Highway, Makarba, Vejalpur,
Ahmedabad 380 051
Phone: +91 79 2970 4116
Email: compliance@zodiacenergy.com
Website: http://zodiacenergy.com/
- Apply for Listing Gain
- IPO Open: 23 November 2017
- IPO Close: 27 November 2017
- IPO Size: Approx Rs 10.14 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs 52 Per Equity Share
- Listing on: NSE SME
- Shares: 1,950,000
- Retail Portion: 50%
- Shares: Apply for 2,000 Shares (Minimum Lot Size)
- Amount: Rs.1,04,000
| Financial Performance (in INR lakh) | ||||||
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018(Q1) | |
| Total revenue | 885.6 | 952.5 | 870.1 | 920.5 | 1,674.3 | 824.8 |
| Total expenses | 865.9 | 936.6 | 864.4 | 904.6 | 1,639.4 | 759.5 |
| Profit after tax | 9.4 | 11.1 | 4.6 | 11.0 | 23.8 | 49.0 |
Grey Market Premium:
- The grey market is around Rs.12500 Subject to Sauda.
- IPO Subscribed 103.31 times overall
Company Promoters:
- Mr. Kunjbihari Shah
- Mr. Jugalkishor Shah
Draft Red Herring Prospectus
Red Herring Prospectus
IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: zodiacenergy.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
IPO Lead Managers:
- Swastika Investmart Ltd
Zodiac Energy Limited
A-1204, Siddhi Vinayak Towers,
Off S G Highway, Makarba, Vejalpur,
Ahmedabad 380 051
Phone: +91 79 2970 4116
Email: compliance@zodiacenergy.com
Website: http://zodiacenergy.com/
