Zodiac Energy, an energy solutions provider company having experience of more than two decades in majority of verticals of power generations spectrum, is coming out with a maiden IPO of 1950000 equity shares of Rs 10 each at a fixed price of Rs 52 per share to mobilize Rs 10.14 crore.

The issue opened for subscription yesterday and will close on November 27. Minimum application is to be made for 2000 shares and in multiples thereon, thereafter. Post allotment, shares will be listed on NSE SME Emerge. Issue constitutes 26.65 per cent of the post issue paid up capital of the company.

Issue is solely lead managed by Swastika Investmart Ltd. and Link Intime India Pvt. Ltd. is the registrar to the issue.