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Zodiac Energy Limited IPO (Zodiac Energy) Detail

November 23, 2017 - November 27, 2017

Zodiac Energy is a fixed price issue of Rs 10.14 crores.

Zodiac Energy bidding started from November 23, 2017 and ended on November 27, 2017. The shares got listed on NSE SME on December 5, 2017.

Zodiac Energy price is ₹52 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹104,000.

Swastika Investmart Ltd is the book running lead manager of the Zodiac Energy, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Zodiac Energy DRHP for detailed information.

Zodiac Energy Details

IPO Date November 23, 2017 to November 27, 2017
Listing Date December 5, 2017
Face Value ₹10 per share
Price ₹52 per share
Lot Size 2000 Shares
Total Issue Size1,950,000 shares
(aggregating up to ₹10.14 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Zodiac Energy Reservation

Zodiac Energy offers 1,950,000 shares. 975,000 (50.00%) to NII, 975,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered975,000 (50.00%)
Retail Shares Offered975,000 (50.00%)
Total Shares Offered1,950,000 (100%)

Zodiac Energy Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 2000 ₹104,000
Retail (Max) 1 2000 ₹104,000
Lot Size Calculator

About Zodiac Energy Limited

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.

Objects of the Issue (Zodiac Energy Objectives)

The objects of the Issue are:

1. Net Incremental Working Capital Requirement;
2. General Corporate Purpose;
3. Meeting Public Issue Expenses.

Zodiac Energy Review (Apply)

[Dilip Davda]  Investment may be considered for medium to long term in this power sector offer. (Subscribe). Read detail review...


Zodiac Energy Subscription Status (Bidding Detail)

The Zodiac Energy is subscribed times on November 27, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other
Retail
Total

Zodiac Energy Prospectus

Zodiac Energy Rating

179
3.9
Rating:Rated 3.9 stars
Vote Here ...

Zodiac Energy Listing Details

Listing Date December 5, 2017
BSE Script Code
NSE Symbol ZODIAC
ISIN INE761Y01019
Final Issue Price ₹52 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
NSE SME
₹52.00
₹62.40
₹49.55
₹62.40
₹51.10

Check IPO Performance…

Zodiac Energy Limited Contact Details

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/

Zodiac Energy Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: zodiacenergy.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Zodiac Energy - Buy or Not

Zodiac Energy Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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Zodiac Energy FAQs

Zodiac Energy is a SME IPO of 1,950,000 equity shares of the face value of ₹10 aggregating up to ₹10.14 Crores. The issue is priced at ₹52 per share. The minimum order quantity is 2000 Shares.

The IPO opens on November 23, 2017, and closes on November 27, 2017.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Zodiac Energy opens on November 23, 2017 and closes on November 27, 2017.

Zodiac Energy lot size is 2000 Shares, and the minimum amount required is ₹104,000.

You can apply in Zodiac Energy online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Zodiac Energy will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Zodiac Energy allotment status.

The Zodiac Energy listing date is on December 5, 2017.
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Zodiac Energy Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

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176 Comments

120. PraveenG |   Link |  Bookmark |January 2, 2018 10:17:23 AM
With very strong volume in last three days, huge accumulation going on. Pretty soon it will go up.
Track historical data of last two weeks. https://www.nseindia.com/emerge/live_market/dynaContent/live_watch/get_quote_SME/GetSMEQuote.jsp?symbol=ZODIAC

Disclaimer : I have also invested small amount and may be I am biased about my opinion.
119. GODFATHER |   Link |  Bookmark |December 29, 2017 9:08:52 AM
Zodiac moving up. WILL be next RDSL.
118. Carn Mohan |   Link |  Bookmark |December 27, 2017 12:11:33 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Gupta g short sell 12000 shares at Rs 49.30 and not yet covered.
117. Carn Mohan |   Link |  Bookmark |December 23, 2017 5:20:33 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Sell sell sell sell sell all stocks
116. Carn Mohan |   Link |  Bookmark |December 14, 2017 8:13:17 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Now looking company is very poor.
115. Shareking |   Link |  Bookmark |December 7, 2017 5:06:27 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
A golden chance to exit at break even
save your money

This is the same as GIC gave chance to exit and made high of 890+ on listing day itself after a negative listing
115.1. Shareking |   Link |  Bookmark |December 13, 2017 1:10:55 PM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
I told u
114. U. H. U. U |   Link |  Bookmark |December 13, 2017 9:40:10 AM
Making new lows.... 44 now........ I hope all allottes have existed above 50.
113. Carn Mohan |   Link |  Bookmark |December 9, 2017 1:17:01 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
I think it will cross 100 Mark.
112. Carn Mohan |   Link |  Bookmark |December 8, 2017 6:30:58 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
Post issue, then asking price is at a P/E of around 19 plus against peers trading at a P/E ranging from 13 to 138.
111. Carn Mohan |   Link |  Bookmark |December 8, 2017 5:29:04 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
About all retailers has sold his allotted shares in loss.
110. Allan |   Link |  Bookmark |December 5, 2017 3:16:13 PM (200+ Posts)
Mr Dawda gets it wrong again.... he said subscribe
110.3. Allan |   Link |  Bookmark |December 6, 2017 3:51:34 PM (200+ Posts)
ON one hand he says the issue is fully priced and on the other he says apply medium to long term. This is contradictory.....THe bottom line should have been Risk savvy investors may choose to avoid or like he normally says there is no harm in giving this issue a miss.

What is Medium to long term - How many months? How many years ? that needs to be defined otherwise when u post such a bottom line
110.4. Ocean |   Link |  Bookmark |December 7, 2017 4:58:10 PM
Little learning is dangerous. Just remembered this school days quote.
109. Sreedhar R |   Link |  Bookmark |December 7, 2017 1:32:44 PM
Exit opportunity@ 52.5 for those who want to pull out
108. Carn Mohan |   Link |  Bookmark |December 6, 2017 4:17:30 PM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
My dear friends market ka apna rules wo apnay type say retailers ko panish karti hi, nahi thi jo aj 100 times oversubscribed ho raha hi kal 1000 times hoga.
107. U. H. U. U |   Link |  Bookmark |December 6, 2017 1:54:01 PM
Almost at 46 rs. now, 9.5% down.
Who will buy this SME when midcap peers are available at cheaper valuation.

I told all stuck investors to get out yesterday with no loss no profit. Today loss is amplifying.
107.1. VeeraSkr |   Link |  Bookmark |December 6, 2017 2:19:15 PM
Bought @ 57 yesterday. What to do? Sell or hold.
106. Shareking |   Link |  Bookmark |December 6, 2017 10:55:27 AM
IPO Mentor IPO Mentor (800+ Posts, 1100+ Likes)
sabak:

Oversubscription is not the only criteria to judge an IPO
105. Thirsty Crow |   Link |  Bookmark |December 6, 2017 9:34:57 AM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Present rate of Zodiac @ Rs.46.20 at NSE means loss of more than 10% to allotttees
104. SecTheta |   Link |  Bookmark |December 6, 2017 7:48:57 AM
It is the game played by Promoters to kick retailers out.
This will be the next AIRAN in making. Stay invested. Don''t recommended fresh buying until it goes above 60 and sustains that level for at least a few sessions.
103. U. H. U. U |   Link |  Bookmark |December 5, 2017 10:01:49 PM
103.5. U. H. U. U Nov 28, 2017 1:45:19 PM IST I Like It. 1 | Report Abuse


I just don''''t understand why people rushing to buy this SME, as midcap companies in renewable energy is available at low valuation.
Websol energy & swelect energy.


I was baffled when I saw subscription figure on last day...... Guys don''t go for every SME blindly....... This SME is the best ''learning lesson'' for investors
102. Thirsty Crow |   Link |  Bookmark |December 5, 2017 3:02:16 PM
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
Zodiac Energy : 100 time oversubscribed
Issued @ 52.00
Opened @ 62.40 &
Closed @ 51.10
Be Careful : Donot go by Grey Market
102.1. Atul Kumar |   Link |  Bookmark |December 5, 2017 4:28:45 PM
SME issues are manipulated by the company in collaboration with operators, dealers, operators,analyst with heavy subscription, GMP announcement etc etc.One has to be very careful
101. AKMP |   Link |  Bookmark |December 5, 2017 2:06:51 PM
Big slap on face of greedy investor.
50 now
100 times subscription?????
Wake up call
101.1. U. H. U. U |   Link |  Bookmark |December 5, 2017 2:44:01 PM
I have warned everybody not to invest in this ipo, result is in front of everbody.

Sme can''t ask for exuberant valuation, when midcap in same sector is avaliable at resonable valuation.
Get out now before it trades in discount.
101.2. Huzefa |   Link |  Bookmark |December 5, 2017 3:45:41 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
@ U. H. U. U ,

R u still confident on Dynamic, wont it go same way as Zodiac?