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Zeal Global Services: IPO, Share Price and Results Since Listing
Zeal Global Services listed on NSE Emerge on 9 August 2023 after an IPO at INR 103 a share. On 11 November 2026 the shares closed at INR 73, 29.13% below the issue price. For H2 FY2026 it reported revenue of INR 114.20 crore (-42.16% on a year earlier) and a profit after tax of INR 6.53 crore.
Key Facts
- IPO dates
- 28 July 2023 to 1 August 2023
- Issue price
- INR 103
- Issue size
- INR 36.46 crore
- Subscription
- 3.90 times
- Lead manager
- Expert Global Consultants Private Limited
- Listing day
- opened at INR 147 (+42.72%), closed at INR 154.35 (+49.85%)
- Listed on NSE Emerge
- 9 August 2023
- Symbol
- ZEAL
- Latest close
- INR 73 on 11 November 2026
- Against issue price
- -29.13%
- Lot size now
- 600 shares (INR 43,800 at the latest close)
Results Filed With NSE
Consolidated figures, INR crore. Change compares with the same period a year earlier.
| Period | Revenue | Change | Profit after tax | EPS (INR) | Filed | |
|---|---|---|---|---|---|---|
| H2 FY2026 | 114.20 | -42.16% | 6.53 | 4.90 | after listing | 30 May 2026 |
| FY2026 | 285.53 | -22.37% | 11.15 | 8.38 | after listing | 30 May 2026 |
| H1 FY2026 | 171.33 | – | 4.62 | 3.47 | after listing | 11 February 2026 |
| H2 FY2025 | 197.44 | – | 5.39 | 4.05 | after listing | 30 May 2025 |
| FY2025 | 367.81 | – | 14.58 | 10.96 | after listing | 30 May 2025 |
Promoter Holding
Promoter holding has moved from 73.40% on 9 August 2023 to 73.40% on 30 September 2026 (0 percentage points).
| As of | Promoters | Public |
|---|---|---|
| 30 September 2026 | 73.40% | 26.60% |
| 31 March 2026 | 73.40% | 26.60% |
| 30 September 2025 | 73.40% | 26.60% |
| 31 March 2025 | 73.40% | 26.60% |
| 30 September 2024 | 73.40% | 26.60% |
| 31 March 2024 | 73.40% | 26.60% |
| 30 September 2023 | 73.40% | 26.60% |
| 9 August 2023 | 73.40% | 26.61% |
Next Board Meeting
13 November 2026: Financial results
Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.