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February 19, 2024 - February 22, 2024

Zenith Drugs IPO FAQ

Zenith Drugs IPO Date & Price

The Zenith Drugs IPO opens on February 19, 2024 and closes on February 22, 2024.

Zenith Drugs IPO timetable / schedule is as below:
  • Bid/Offer Opens On: February 19, 2024
  • Bid/Offer Closes On: February 22, 2024
  • Finalization of Basis of Allotment: February 23, 2024
  • Initiation of refunds: February 26, 2024
  • Credit of Equity Shares: February 26, 2024
  • Listing Date: February 27, 2024

Zenith Drugs IPO price is set at ₹79 per equity share.

Zenith Drugs IPO will close for subscription at 5 PM on February 22, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Zenith Drugs IPO starts on February 19, 2024. The issue ends on February 22, 2024.

Zenith Drugs IPO Issue Size and Subscription Status

The Zenith Drugs IPO size is 5148800 Equity Shares of ₹10 aggregating up to ₹40.68 Cr.

Zenith Drugs Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Zenith Drugs IPO shares through the banks (using ASBA) or through the broker (using UPI).

Zenith Drugs IPO Offer Size

Qualified Institutional Buyers (QIB)859,200 Shares
Non-Institutional Investors (NII)644,800 Shares
Retail Individual Investor (RII)1,504,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size3,008,000 Shares

Zenith Drugs IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)106.72 times times
Non-Institutional Investors (NII)368.77 times times
Retail Individual Investor (RII)139.28 times times
Employee Reservations times
Other Reservations times
Total Issue Size179.18 times times

Click here to check the Zenith Drugs IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Zenith Drugs IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Zenith Drugs IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Zenith Drugs IPO Allotment and Listing

The Zenith Drugs IPO allot status will be available online on February 23, 2024. Check the Zenith Drugs IPO Allotment Status here.

Click here to check Zenith Drugs IPO Allotment Status.

Zenith Drugs IPO listing Date is February 27, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Zenith Drugs IPO listing date and time is published by the exchange in a circular.

Click here to view the Zenith Drugs IPO Basis of Allotment.

It is hard to say at what price Zenith Drugs IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Zenith Drugs IPO shares will list on February 27, 2024 at NSE SME.

Zenith Drugs IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Zenith Drugs IPO which could help you with questions like Zenith Drugs IPO buy or not? You should also read Zenith Drugs IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Zenith Drugs IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Zenith Drugs IPO performance. The performance reports are available 1 day after listing.