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ZENITHDRUGSME / NSEListed

Zenith Drugs Limited

Zenith Drugs Limited, founded in 2000, is a pharmaceutical company that manufactures and trades affordable, high-quality medicines, including various generic products. The company operates under WHO-GMP guidelines and holds an ISO 9001:2015 certification, reflecting its focus on quality. It offers a wide product range such as ORS powder, liquid orals, ointments, liquid externals, and capsules, with over 600 products approved by the Food & Drugs Administration and 325 currently in production. Zenith Drugs is expanding by setting up a new manufacturing facility in Muradpura, Depalpur, Indore, and it also exports its products to multiple regions including Central America, Africa, Southeast Asia, and South Asia. The company provides third-party manufacturing services to well-known pharmaceutical brands like Ajanta Pharma, Bio Medical Laboratories, and Zest Pharma, and as of March 31, 2023, it employs 89 people, including both payroll and contract staff.

₹75 - ₹79179.07x sub
Listed Price110.00
Listing Gain+39.24%
TimelineBook Built Issue IPO
Open19 Feb 2024
Close22 Feb 2024
Allotment23 Feb 2024
Listing27 Feb 2024

Quota Reservation Portions

RetailPortion: 15,04,000 shares
29.21%
Nii(hni)Portion: 6,44,800 shares
12.52%
QIBPortion: 8,59,200 shares
16.69%
Market MakerPortion: 8,52,800 shares
16.56%

Minimum Application Bracket Matrix

Retail1 lots / 1,600 shares
₹1,26,400
HNI2 lots / 3,200 shares
₹2,52,800

About the Company

Zenith Drugs Limited, founded in 2000, is a pharmaceutical company that manufactures and trades affordable, high-quality medicines, including various generic products. The company operates under WHO-GMP guidelines and holds an ISO 9001:2015 certification, reflecting its focus on quality. It offers a wide product range such as ORS powder, liquid orals, ointments, liquid externals, and capsules, with over 600 products approved by the Food & Drugs Administration and 325 currently in production. Zenith Drugs is expanding by setting up a new manufacturing facility in Muradpura, Depalpur, Indore, and it also exports its products to multiple regions including Central America, Africa, Southeast Asia, and South Asia. The company provides third-party manufacturing services to well-known pharmaceutical brands like Ajanta Pharma, Bio Medical Laboratories, and Zest Pharma, and as of March 31, 2023, it employs 89 people, including both payroll and contract staff.

Company Promoters

Mr. Sandeep BhardwajMr. Bhupesh SoniMr. Ajay Singh Dassundi