Zenith Drugs IPO Review, Date, Price, GMP

Zenith Drugs, a company located in Indore is committed to upholding top-notch quality standards in the production of medications. With a focus, on crafting effective medicines to aid patients the company has prioritized establishing a groundwork, for its future development and prosperity from the very beginning.

Zenith Drugs offers a wide range of formulations in various forms to cater to diverse healthcare needs. These formulations include:

1. ORS Powder

2. Liquid Orals

3. Ointments

4. Liquid Externals

5. Capsules

Zenith Drugs ensures that every product is meticulously crafted to be effective, safe, and affordable showcasing their dedication to providing high-quality healthcare that’s accessible, to everyone.Zenith Drugs is dedicated to providing top-notch service in the industry prioritizing technology and efficient delivery. They take pride in being compliant, with WHO GMP standards and holding an ISO 9001;2015 certification guaranteeing high-quality products across their range.

Zenith Drugs is planning to grow its operations by setting up a factory to its existing facility. The company is also taking advantage of government support, for medium enterprises (MSMEs) through the Madhya Pradesh MSME Scheme, which includes an Industrial Development Grant covering, up to 40% of the machinery investment capital.

Zenith Drugs IPO Complete Details:

Zenith Drugs IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP Of Zenith Drugs is Around 14 Rs.

Objects Of Issue:

1) Acquisition of Machinery & Equipment for Establishing the New Unit

2) Enhancement of the Existing Manufacturing Block

3) Fulfillment of Working Capital Needs

4) General Corporate Expenses

Promoters:

  • MR. SANDEEP BHARDWAJ
  • MR. BHUPESH SONI
  • MR. AJAY SINGH DASSUNDI

FAQs:

When Zenith Drugs IPO is Opening?

Zenith Drugs IPO is Opening on 19 February 2024.

When is the Zenith Drugs IPO Closing?

Zenith Drugs IPO is Closing on 22 February 2024.

What is the Issue Size of the Zenith Drugs IPO?

The IPO Issue Size of Zenith Drugs is 40.68 Crore.

Price Band of Zenith Drugs IPO?

The price Band of Zenith Drugs IPO is 75 to 79 rupees per share.

What is the minimum investment for a Zenith Drugs IPO?

The minimum investment for the Zenith Drugs IPO is 126,400 Rupees.

Allotment Date of Zenith Drugs IPO?

The Allotment of Zenith Drugs IPO is on 23 February 2024.

Listing Date of Zenith Drugs IPO?

The Listing Of Zenith Drugs is Scheduled on 27 February 2024.

One Should Apply for Zenith Drugs IPO or Not?

Will Update Soon..

How to apply for Zenith Drugs IPO through the Zerodha Application?

Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Zenith Drugs IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Zenith Drugs IPO through the Upstox Application?

Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Zenith Drugs IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Zenith Drugs IPO through Angel One Application?

Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Zenith Drugs IPO from the list ——–> Click on Zenith Drugs IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.

Who is the Lead Manager of Zenith Drugs?

Gretex Corporate Services Limited is the Lead Manager of Zenith Drugs.

Where To Check the Allotment of Zenith Drugs IPO?

The allotment status for the Zenith Drugs IPO will be accessible on the Bigshare Services Pvt Ltd website.

Zenith Drugs IPO is going to be listed at?

Zenith Drugs IPO is going to be listed at NSE SME.

What is the Lot Size of the Zenith Drugs IPO?

The lot size of the Zenith Drugs IPO is 1600 Shares.

What is the P/E Ratio of the Zenith Drugs IPO?

The P/E Ratio of the Zenith Drugs is 18.4.

What is the ROE of the Zenith Drugs IPO?

The ROE of the Zenith Drugss IPO is 35.13%.

What is the ROCE of the Zenith Drugs IPO?

The ROCE of the Zenith Drugs IPO is 37.29%.

What is the EPS of the Zenith Drugs IPO?

The EPS of the Zenith Drugs IPO is 4.29.

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