Today we are discussing newly listed in aquaculture segment stock for medium term investments,
ZEAL AQUA LTD
Zeal Aqua Ltd (ZAL) is engaged in shrimp farming and also engaged in satellite farming whereby it supplies inputs i.e shrimp feeds, shrimp seeds, probiotics and other aquaculture related products etc on credit to small farmers and buys shrimps from these farmers. The Company has approx 1050 satellite farms. The satellite farming enables companies to scale up and multiply its production without putting up physical infrastructure on its own. This flexible model of shrimp production helps it to efficiently manage growing demand of shrimps. After establishing the strong foothold in the shrimp farming and satellite farming activities, as a part of forward integration ZAL is in process of setting up shrimp processing unit for their shrimp including cold storage and primarily to manufacture Individually quick frozen (IQF) shrimp products With the help of this proposed processing unit, ZAL will be in a position to directly sell the finished product (consumable shrimp) to the export market.
At present, it has approx 160 ponds spread over village Mor, Delasa, Mandorai, Cutpore, Nesh, Dandi, Olpad, Orna, Bhagwa, Udhana, etc admeasuring area of approx 200 hectares of land wherein the land on which ponds are constructed for cultivation of shrimp by the Company is in accordance with collaboration agreements with various parities.
PROMOTERS VAST EXPERIENCE WITH SOUND MARKET KNOWLEDGE :- The company's promoter have been involved in aquaculture -shrimp farming since last 20 years.The company aims to develop an advanced ,sustainable and fully integrated Aquaculture system.
FINANCIALS :- (IN CR )
To part finance setting up of shrimp processing unit and raise corporate general corpus, the company is recently come out with IPO of 1135000 equity share of Rs. 10 each at a fixed price of Rs. 130 per share.Stock is listed on BSE SME @ 133 level (1000 share lot ), I strongly believe high experience promoter and good business model this company's growth even more in coming years, investor with ability to hold can buy this stock @ current price ( low volume traded stock ) and hold short to medium term this stock may give decent return in portfolio.
Before buying any stock take advice from certified person
Disclosure :- I am holding this stock in my portfolio.
NOTE :- The above is not a research report but information as available on public domain and it should not be treated as a research report.
Company website HERE