Zodiac Energy Limited IPO (Zodiac Energy) Detail

Nov 23, 2017 - Nov 27, 2017

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.

Company Promoters:

The promoters of the company are
1. Mr. Kunjbihari Shah
2. Mr. Jugalkishor Shah

Objects of the Issue:

The objects of the Issue are:

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

Zodiac Energy Details

IPO Opening Date	Nov 23, 2017
IPO Closing Date	Nov 27, 2017
Issue Type	Fixed Price Issue IPO
Face Value	₹10 per equity share
IPO Price	₹52 per equity share
Market Lot	2000 Shares
Min Order Quantity	2000 Shares
Listing At	NSE SME
Issue Size	1,950,000 Eq Shares of ₹10 (aggregating up to ₹10.14 Cr)

Zodiac Energy Lot Size

The Zodiac Energy market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹104,000).

Application	Lots	Shares	Amount (Cut-off)
Minimum	1	2000	₹104,000
Maximum	1	2000	₹104,000

Zodiac Energy Subscription Status (Bidding Detail)

The Zodiac Energy is subscribed times on Nov 27, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

Category	IPO Subscription
NII
RII
Total

Zodiac Energy Prospectus

› Zodiac Energy DRHP

Zodiac Energy Rating

179

3.9

Rating:

Vote Here ...

Zodiac Energy Listing Date

Listing Date	Tuesday, December 5, 2017
BSE Script Code
NSE Symbol	ZODIAC
Listing In
ISIN	INE761Y01019
IPO Price	₹52 per equity share
Face Value	₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume

	NSE SME
IPO Price:	₹52.00
Open:	₹62.40
Low:	₹49.55
High:	₹62.40
Last Trade:	₹51.10
Volume:	1,426,000

Zodiac Energy Reviews / Ratings

Dilip Davda - Subscribe

Company Contact Information

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
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: zodiacenergy.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Zodiac Energy Lead Manager(s)

Swastika Investmart Ltd

Lead Manager Reports

Zodiac Energy FAQs

What is Zodiac Energy?

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 equity share. The minimum order quantity is 2000 Shares.

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

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
When Zodiac Energy will open?

The Zodiac Energy opens on Nov 23, 2017 and closes on Nov 27, 2017.
What is the lot size of Zodiac Energy?

Zodiac Energy lot size is 2000 Shares and the minimum order quantity is 2000 Shares.
How to apply for Zodiac Energy?

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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
When Zodiac Energy allotment?

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.
When is Zodiac Energy listing date?

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

Zodiac Energy Message Board

Ranked Members

120. PraveenG |Jan 2, 2018 11:17

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 |Dec 29, 2017 10:08

Zodiac moving up. WILL be next RDSL.

118. Carn Mohan |Dec 27, 2017 13:11

IPO Mentor (700+ Posts, 200+ Likes)

Gupta g short sell 12000 shares at Rs 49.30 and not yet covered.

117. Carn Mohan |Dec 23, 2017 18:20

IPO Mentor (700+ Posts, 200+ Likes)

Sell sell sell sell sell all stocks

116. Carn Mohan |Dec 14, 2017 21:13

IPO Mentor (700+ Posts, 200+ Likes)

Now looking company is very poor.

115. Shareking |Dec 7, 2017 18:06

IPO Mentor (500+ Posts, 800+ 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 |Dec 13, 2017 14:10

IPO Mentor (500+ Posts, 800+ Likes)

I told u

114. U. H. U. U |Dec 13, 2017 10:40

Making new lows.... 44 now........ I hope all allottes have existed above 50.

113. Carn Mohan |Dec 9, 2017 14:17

IPO Mentor (700+ Posts, 200+ Likes)

I think it will cross 100 Mark.

112. Carn Mohan |Dec 8, 2017 19:30

IPO Mentor (700+ Posts, 200+ 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 |Dec 8, 2017 18:29

IPO Mentor (700+ Posts, 200+ Likes)

About all retailers has sold his allotted shares in loss.

110. Allan |Dec 5, 2017 16:16

Mr Dawda gets it wrong again.... he said subscribe

Load more comments (2 replies)

110.3. Allan |Dec 6, 2017 16:51

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 |Dec 7, 2017 17:58

Little learning is dangerous. Just remembered this school days quote.

109. Sreedhar R |Dec 7, 2017 14:32

Exit opportunity@ 52.5 for those who want to pull out

108. Carn Mohan |Dec 6, 2017 17:17

IPO Mentor (700+ Posts, 200+ 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 |Dec 6, 2017 14:54

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 |Dec 6, 2017 15:19

Bought @ 57 yesterday. What to do? Sell or hold.

106. Shareking |Dec 6, 2017 11:55

IPO Mentor (500+ Posts, 800+ Likes)

sabak:

Oversubscription is not the only criteria to judge an IPO

105. Thirsty Crow |Dec 6, 2017 10:34

Top Contributor (200+ Posts, 100+ Likes)

Present rate of Zodiac @ Rs.46.20 at NSE means loss of more than 10% to allotttees

104. SecTheta |Dec 6, 2017 08:48

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 |Dec 5, 2017 23:01

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 |Dec 5, 2017 16:02

Top Contributor (200+ 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 |Dec 5, 2017 17:28

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 |Dec 5, 2017 15:06

Big slap on face of greedy investor.
50 now
100 times subscription?????
Wake up call

101.1. U. H. U. U |Dec 5, 2017 15:44

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 |Dec 5, 2017 16:45

Top Contributor (300+ Posts, 200+ Likes)

@ U. H. U. U ,

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

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