Zenith Drugs Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 18-02-2024 | 21-02-2024 | 10 | 0 | 1600 Shares | NSE SME | N/A | 2024-02-22 18:30:00 | 2024-02-25 18:30:00 | 2024-02-25 18:30:00 | 26-02-2024 |
About The Company
Zenith Drugs IPO is a book built issue of Rs 40.68 crores. The issue is entirely a fresh issue of 51.49 lakh shares.
Zenith Drugs IPO is open for subscription on February 19, 2024 and close today February 22, 2024. The allotment for the Zenith Drugs IPO is expected to be finalized on Friday, February 23, 2024. Zenith Drugs IPO will list on NSE SME with tentative listing date fixed as Tuesday, February 27, 2024.
Zenith Drugs IPO price band is set at ₹75 to ₹79 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹126,400. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹252,800.
Gretex Corporate Services Limited is the book running lead manager of the Zenith Drugs IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Zenith Drugs IPO is Gretex Share Broking.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 21-06-2023 | 11249 | 6948 | 539 | 2264.96 | 1064.96 | 2902.81 |
| 21-07-2023 | 9794 | 11570 | 515 | 1724.42 | 1684.42 | 2605.03 |
| 21-07-2022 | 6858 | 9267 | 313 | 1209.09 | 1169.09 | 1880.86 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 5.53 |
| Retail Investors | 62.30 |
| Total | 45.22 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | 126400 |
| Retail (Max) | 1 | 1600 | 126400 |
| HNI (Min) | 2 | 3200 | 252800 |
IPO Listing Details
| Listing Date | 26-02-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Mr. Sandeep Bhardwaj, Mr. Bhupesh Soni and Mr. Ajay Singh Dassundi
Contact Information of the Company
Zenith Drugs Limited
K. No. 72 / 5, Village Muradpura
NA Depalpur,
Indore-453001
Phone: +91 8435501867
Email: info@zenithdrugs.com
Website: https://zenithdrugs.com/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Gretex Corporate Services Limited