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Open
19 Feb 2024
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Close
22 Feb 2024
3
Allotment
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Listing
Tue, Feb 27, 2024
Price Band
₹75 to ₹79
Issue Size
51,48,800 shares (agg. up to ₹41 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Feb 27, 2024
Latest GMP
₹35
Est. Gain
44.3%
✦ AI Insight
GMP Trend
27-02-2024₹35Est. ₹114+44.3%
26-02-2024₹35Est. ₹114+44.3%
25-02-2024₹40Est. ₹119+50.63%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 124.58x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 112.49 | 97.94 | 68.58 |
| Total Income | 69.48 | 115.70 | 92.67 |
| Profit After Tax | 5.39 | 5.15 | 3.13 |
| NET Worth | 22.65 | 17.24 | 12.09 |
| Reserves and Surplus | 10.65 | 16.84 | 11.69 |
| Total Borrowing | 29.03 | 26.05 | 18.81 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sunrest Lifescience Ltd. | SME | ₹10.85 Cr | ₹84 | 12.33 | ₹79.80 | -5.00% | ₹39.45 |
| Mono Pharmacare Ltd. | SME | ₹14.84 Cr | ₹28 | null | ₹30.45 | +8.75% | ₹8.60 |
| Shelter Pharma Ltd. | SME | ₹16.03 Cr | ₹42 | 5.62 | ₹41.96 | -0.10% | ₹31.26 |
| Vilin Bio Med Ltd. | SME | ₹12.00 Cr | ₹30 | 24.59 | ₹28.50 | -5.00% | ₹57.85 |
| Remus Pharmaceuticals Ltd. | SME | ₹47.69 Cr | ₹1229 | 21.09 | ₹1,796.80 | +46.20% | ₹928.85 |
| Infinium Pharmachem Ltd. | SME | ₹25.25 Cr | ₹135 | 7.83 | ₹147.80 | +9.48% | ₹283.00 |
| Sotac Pharmaceuticals Ltd. | SME | ₹33.30 Cr | ₹111 | 132.14 | ₹120.75 | +8.78% | ₹90.05 |
| Innova Captab Ltd. | Mainboard | ₹570.00 Cr | ₹448 | 31.64 | ₹541.40 | +20.85% | ₹1,188.70 |
| Blue Jet Healthcare Ltd. | Mainboard | ₹840.27 Cr | ₹346 | 37.49 | ₹413.40 | +19.48% | ₹575.30 |
| Valiant Laboratories Ltd. | Mainboard | ₹152.46 Cr | ₹140 | 15.71 | ₹170.25 | +21.61% | ₹119.83 |
| Concord Biotech Ltd. | Mainboard | ₹1,550.52 Cr | ₹741 | 32.29 | ₹942.80 | +27.23% | ₹1,464.50 |
| Mankind Pharma Ltd. | Mainboard | ₹4,326.36 Cr | ₹1080 | 32.5 | ₹1,080.00 | +0.00% | ₹2,265.00 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Machinery & Equipments for Setting up New Unit | 10.61 |
| 2 | Existing Manufacturing Block Upgradation | 2.11 |
| 3 | Working Capital Requirements | 14.40 |
| 4 | General Corporate Purposes | 8.84 |
| Total | 35.96 |
About Zenith Drugs IPO
Updated on Aug 5, 2026
Contact Details
Zenith Drugs Ltd. AddressK.No.72 / 5Village MuradpuraNA DepalpurIndore, Madhya Pradesh, 453001+91 8435501867info@zenithdrugs.comVisit Website