ZEAL AQUA Share price

The Company was incorporated as "Zeal Aqua Private Limited" at Surat under the provision of the Companies Act 1956 vide certificate of incorporation dated March 6 2009 issued by the Assistant Registrar of Companies Gujarat Dadra and Nagar Haveli. Consequent upon the conversion of the Company to public limited company the name of the Company was changed to "Zeal Aqua Limited" and fresh certificate of incorporation dated March 31 2015 was issued by the Assistant Registrar of Companies Ahmedabad. The Corporate Identification Number of the Company is U05004GJ2009PLC056270. The Promoters basically lead the way of aquaculture in Surat around 20 years ago and have individually started cultivation of shrimp with 2 ponds. After continues efforts in various innovation in the field of aquaculture shrimp farming satellite farming etc decided to give the business a corporate shape and to accomplish the thought the Promoters who were individually engaged in culturing shrimps joined hands in 2009 and incorporated the company "Zeal Aqua Private Limited" to make the business scalable and reap the benefits of synergy. In addition the introduction of schemes of Government to allot coastal lands for aquaculture purposes to promote this industry and generate a sthece of revenue for farmers motivated the Promoters to have a vision to develop an advanced sustained and fully integrated aquaculture system in Surat and also across India. At present the Company have approx 160 ponds spread over village Mor Delasa Mandorai Katpore Nesh Dandi Olpad Orma Bhagwa Kantyajal 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. In the year 2011 Mr. Rohan Navik son of Mr. Pradeep Navik promoter of the Company joined the company as Whole time Director and since then he is also looking after the daily business affairs of the company. In addition to shrimp farming the Company is also engaged in satellite farming whereby the Company 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. We deploy the specific quality control measures and the farmers under satellite farming are required to adhere to the farming standards. 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 the Company 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 the Company 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 for which the company had already purchased land admeasuring area of 35076 sq meters and 14569 sq meter land on lease basis at Village Orma Olpad Surat. With the help of this proposed processing unit the company will be in a position to directly sell the finished product (consumable shrimp) to the export market. Thus the proposed project is a logical forward integration for the Company and the same would help the Company to expand their global foot-prints and take their business ahead in the right direction.Major Events The major events of the company since its incorporation in the particular financial year are as under:2009-The company was incorporated and commenced the business2010-"Best Farmer Award" for the Year 2009-10 by Central Institute of Fisheries Education to the Promoter Mr. Shantilal Patel.2011-Participation in the Aquaculture Food safety Prevention Program by Promoter of the Company Shri. Shantilal Patel.-"Bhumi Nirman Award" for preservation of best quality of fishery to the Promoter Mr. Shantilal Patel.-Initiate the concept of P E Line Ponds in Gujarat.2012-Awarded First Girnar fishery industry Shiromani by Doordarshan Indian National Media Channel.2013-Won Avanti Vaishakhi Cup.-Awarded the "Best Farmer Award" by Shri Narendra Modi CM of Gujarat to the Promoter Mr. Shantilal Patel.-Awarded for Excellence - categorized in "Best L. Vannamei Farmer" to the Promoter Mr. Shantilal Patel by the Marine Products Export Development Authority Ministry of commerce & Industry Government of India at the Aqua Aquaria India 2013.2014-Turnover cross Rs.100 Crore.2015-Converted Company from Private Limited to Public Limited.