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Open
23 Nov 2017
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Close
27 Nov 2017
3
Allotment
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Listing
Tue, Dec 5, 2017
Price Band
₹52 per share
Issue Size
19,50,000 shares (agg. up to ₹10 Cr)
Lot Size
2,000 Shares
Listing Date
Tue, Dec 5, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 106.96x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2017 | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|---|
| Assets | 11.83 | 7.87 | 5.74 | 6.68 |
| Total Income | 8.25 | 16.74 | 9.20 | 8.70 |
| Profit After Tax | 0.49 | 0.24 | 0.11 | 0.05 |
| NET Worth | 2.01 | 1.52 | 1.29 | 1.18 |
| Reserves and Surplus | 1.13 | 0.64 | 0.40 | 0.29 |
| Total Borrowing | 5.70 | 3.55 | 2.92 | 3.35 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| CMM Infraprojects Ltd. | SME | ₹18.18 Cr | ₹40 | null | ₹42.25 | +5.62% | ₹2.40 (+2.13%) |
| RKEC Projects Ltd. | SME | ₹28.70 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹26.45 (-1.16%) |
| Manav infra projects Ltd. | SME | ₹5.51 Cr | ₹30 | null | ₹24.00 | -20.00% | ₹33.05 (-4.89%) |
| Univastu India Ltd. | SME | ₹5.99 Cr | ₹40 | null | ₹40.20 | +0.50% | ₹115.32 (+2.16%) |
| Transwind Infrastructures Ltd. | SME | ₹7.29 Cr | ₹27 | null | ₹32.40 | +20.00% | ₹13.15 (+4.78%) |
| Akash Infra-Projects Ltd. | SME | ₹25.50 Cr | ₹125 | null | ₹128.15 | +2.52% | ₹26.93 (-0.26%) |
| Capacit'e Infraprojects Ltd. | Mainboard | ₹400.00 Cr | ₹250 | null | ₹342.55 | +37.02% | ₹227.50 (+1.05%) |
| Bharat Road Network Ltd. | Mainboard | ₹600.65 Cr | ₹205 | null | ₹208.45 | +1.68% | ₹17.97 (+0.00%) |
| PSP Projects Ltd. | Mainboard | ₹211.68 Cr | ₹210 | null | ₹199.50 | -5.00% | ₹1,071.00 (-1.27%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Net Incremental Working Capital Requirement | 7.95 |
| 2 | General Corporate Purpose | 1.69 |
| 3 | Public Issue Expenses | 0.50 |
About Zodiac Energy IPO
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.+ Read More
Contact Details
Zodiac Energy Ltd. AddressA-1204, Siddhi Vinayak TowersOff S G HighwayMakarba, VejalpurAhmedabad, Gujarat, 380051+91 79 2970 4116compliance@zodiacenergy.comVisit Website