Zenith Drugs IPO


Zenith was established in the year of 2000 by our founder Late Shri Ramniklal Soni as an organization which has been built brick by brick on the foundation of care and giving our best to “CONTRIBUTE FOR HEALTH AND WELLBEING” for human life. This is growing strong with a clear vision and mission to provide the best quality product at a cost effective price. A WHO-GMP compliant manufacturing unit and Quality management system is ISO 9001:2015 certified (Euro-UK Certification body). We are specialized in manufacturing high quality and affordable Medicines to support our patients in need. Zenith offers a wide range of formulations in various forms such as ORS Powder, Liquid Oral, Ointments, Creams, Gels and Liquid Externals, Capsules, Tablets. Zenith is enjoying respectable market share through his 100% owned subsidiaries Biozen Healthcare and Biogenesis Corporation in India.





    Zenith Drugs IPO Date, Price & Offer Details

    The following table provides all the information related to Zenith Drugs IPO including the date, price and offer details of Zenith Drugs IPO.

    Zenith Drugs IPO Date, Price & Offer Details
    Issue Open 19-02-2024
    Issue Close 22-02-2024
    Allotment Date 23-02-2024
    Unblocked Amount 26-02-2024
    Credit Demat Amount 26-02-2024
    Listing Date 27-02-2024
    Issue Size
    51,48,800 Total Equity Share
    Issue Size ₹ 40.68 Cr
    IPO Price Band ₹ 75 - 79 Per Equity Share
    Minimum Share Bid 1600
    Minimum Investment Amount [₹]  ₹ 1,26,400
    Face Value ₹ 10 Per Equity Share
    Qualified Institutional Buyer [QIB] 50 %
    High Networth Individual [HNI] 15 %
    Retail Individual Investor [RII] 35 %
    Listing On NSE SME
    Review / Ex My View** Neutral

    Zenith Drugs IPO Expected Premium (GMP)** (Read Disclaimer)

    www.liveipo.in or producer will not be responsible for any kind of your profit and losses. So applying to any IPO at your own risk. We do not buy or sell any type of IPO Application related to IPO Gray Market Premium. We only share IPO information. We are Not a Financial Advisor. Please consult your financial advisor before investing or trading. Stock Market investments are subject to market risk.

    Zenith Drugs IPO Expected Grey Market Premium
    IPO Name Offer Price Ex-Premium Kostak S2S Review
    Zenith Drugs IPO 7910- - Neutral

    Zenith Drugs Company Financial Report (₹ in Cr)

    As per we are checking Zenith Drugs company financials report and we are displaying report data as shown in below table.

    Zenith Drugs Company Financial Details (₹ in Cr)
    Financial Year Total Asset Total Revenue Total Expenses Profit After Tax
    FY-2021 - 73.52 68.92 3.03
    FY-2022 68.58 92.67 88.26 3.13
    FY-2023 97.93 115.70 108.49 5.15
    30-09-2023 112.49 69.48 61.87 5.39
    Read More :- Zenith Drugs IPO GMP

    Zenith Drugs Company Valuation Details

    As per we check Zenith Drugs company financials report and we display company valuation report data as shown in below table

    Zenith Drugs Company Valuation Details
    Earnings Per Share [EPS] ₹ 4.29
    Price/Earnings [P/E] Ratio 12.56
    Return on Net Worth [RoNW] 29.88 %
    Net Asset Value [NAV] ₹ - Per Share
    Read More :- Zenith Drugs IPO Allotment Status

    Zenith Drugs IPO Share Lot Size

    The following table provides all the information related to Zenith Drugs IPO Lot size, share and investment amount in Zenith Drugs IPO.  

    Zenith Drugs IPO Share Lot Size
    Application Lot Size Shares Total Amount
    Retail Min 1 1600 1,26,400
    Retail Max 1 1600 1,26,400
    Small HNI 2 3200 2,52,800
    Read More :- Investment Call

    Zenith Drugs IPO Related Link
    Zenith Drugs IPO GMP
    Zenith Drugs IPO Subscription
    Zenith Drugs IPO Allotment Status

    Zenith Drugs IPO Subscription Details

    The following table provides all the information related to Zenith Drugs IPO issued total shares through this IPO, a total shares have been reserved for market movers for subscriptions as per the prospect report,

    Zenith Drugs IPO Subscription Details
    As on Date QIB NII RII Total
    Shared Offered 8,59,200 6,44,800 15,04,000 30,08,000
    Day-1
    [19-02-24]
    0
    [0]
    6,14,400
    [0.95]
    49,32,800
    [3.28]
    55,47,200
    [1.84]
    Day-2
    [20-02-2024]
    30,30,400
    [3.35]
    24,44,800
    [3.79]
    1,38,60,800
    [9.22]
    1,93,36,000
    [6.43]
    Day-3
    [21-02-2024]
    30,40,000
    [3.54]
    59,61,600
    [9.25]
    2,85,58,400
    [18.99]
    3,75,60,000
    [12.49]
    Day-4
    [22-02-2024]
    9,16,97,600
    [106.72]
    23,85,39,200
    [369.94]
    20,84,04,800
    [138.57]
    53,86,41,600
    [179.07]

    Zenith Drugs IPO Listing Details

    The following table provides all the information related to Zenith Drugs IPO Listing Details.

    Zenith Drugs IPO Listing Details
    Listing Date 27-02-2024
    BSE Code -
    NSE Code ZENITHDRUG
    ISIN Code INE0QWN01013
    IPO Price ₹ 79
    Lot Size 1600
    Expected Listing Price ₹ 105 - ₹ 115
    Book Profit ₹ 135
    Stop Loss ₹ 95
    Listing Group -
    - -
    Read More :- Upcoming IPO List

    Zenith Drugs IPO GMP, Grey Market Premium

    In the below table we are providing the latest rate of Zenith Drugs IPO GMP, Kostak Rate, Subject to Sauda, Listing Gain and Rating of this Zenith Drugs IPO.

    Zenith Drugs IPO Grey Market Premium
    Zenith Drugs IPO Grey Market Premium

    Zenith Drugs IPO Allotment Status

    Zenith Drugs IPO Allotment will be available on below link so click on below link and check your Zenith Drugs IPO Allotment Status.

    Zenith Drugs IPO Allotment Status
    Zenith Drugs IPO Allotment Status
      Zenith Drugs IPO Live Subscription
    Zenith Drugs IPO Subscription in NSE
    Zenith Drugs IPO Prospectus
    Zenith Drugs IPO DRHP
    Zenith Drugs IPO RHP

    Zenith Drugs Company Contact Details

    Zenith Drugs Limited
    K. No. 72 / 5, Village Muradpura
    NA Depalpur,
    Indore-453001
    Phone: +91 8435501867
    Email: info@zenithdrugs.com
    Website: https://zenithdrugs.com/

    Zenith Drugs IPO Registrar

    BIGSHARE SERVICES PRIVATE LIMITED
    S6-2, 6th Pinnacle Business Park,
    Mahakali Caves Road,
    next to Ahura Centre, Andheri East,
    Mumbai- 400093, Maharashtra, India
    Tel No.: +91 – 22 – 6263 8200; Fax No.: +91 – 22 – 6263 8299
    E-mail: ipo@bigshareonline.com
    Investor Grievance E-mail: investor@bigshareonline.com
    Website: www.bigshareonline.com
    Contact Person: Mr. Asif Sayyed
    SEBI Registration No.: INR000001385

    Zenith Drugs IPO Lead Managers

    GRETEX CORPORATE SERVICES LIMITED
    A-401, Floor 4th, Plot FP-616, (PT),
    Naman Midtown, Senapati Bapat Marg, Near
    Indiabulls, Dadar (w), Delisle Road,
    Mumbai, Mumbai-400013, Maharashtra, India.
    Tel No.: +91 96532 49863
    Email: info@gretexgroup.com
    Website: www.gretexcorporate.com
    Contact Person: Ms. Dimple Magharam Slun
    SEBI Registration No: INM000012177
    CIN: L74999MH2008PLC288128.

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