Zenith Drugs Limited
listed
₹1.20LMin. investment
Zenith Drugs Limited IPO Details
Issue size
₹40.68Cr
IPO type
SME
Price range
₹75.00 – ₹79.00
Listing date
27 Feb 2024
Lot size
1600 shares
RHP/DRHP
Read
Price range₹75.00 – ₹79.00
IPO type
SME
Lot size1600 shares
Issue size₹40.68Cr
RHP/DRHP
Read
Zenith Drugs Limited Timeline
- Bid start19 Feb 2024
- Bid end22 Feb 2024
- Allotment21 Feb 2024
- Release of funds26 Feb 2024
- Demat transfer23 Feb 2024
- Listing27 Feb 2024
About Zenith Drugs Limited
Incorporated in 2000, Drugs Limited pharmaceutical manufacturing and trading company based out from Indore. They have a manufacturing unit, dedicated to ensuring the highest quality standards when it comes to manufacturing of medicines. They specialised in manufacturing high quality and affordable Medicines to support their patients in need. The Company is also into Generic Medicines and Generic Medicines are cost effective. Since its inception the company has focused on building a strong foundation and laying the groundwork for their future growth and success. With dedication and strategic planning, they managed to establish a reputable presence in the pharmaceutical industry. The Company was incorporated with the objective of better service deliverance in the field of medicine and to be better premium pharmaceutical companies in India and abroad for cost effective human medicine. The Company always emphasises core strength and policies that focus on technology and great deliverance. With a passion to set high standards of services, the company has always taken all measures to scale up as and when required only to deliver the best. They work diligently and have a wide range of products to cater to every need and to reach the client sensitivity and centricity.
As Zenith Drugs Limited prepares for its highly anticipated Initial Public Offering (IPO), the company has meticulously outlined the strategic allocation of proceeds from the Fresh Issue to ensure optimal utilization and sustainable growth.
- Purchase of Machinery & Equipments for Setting up New Unit
- Existing Manufacturing Block Upgradation
- Working Capital Requirements
- General Corporate Purposes
Here are key details about the Zenith Drugs Limited IPO:
| Company Name | Zenith Drugs Limited | Zenith Drugs Limited IPO Opening Date | February 19, 2024 | |
|---|---|---|---|---|
| Company Established On | 2000Zenith Drugs Limited IPO Price band | ₹75 to ₹79 per share |
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Zenith Drugs Limited Contact Details
Company NameZenith Drugs Limited
How to apply for Zenith Drugs Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.