Bookbuilding IPO | ₹59 Cr | Listed at NSE SME | Thu, Apr 27, 2017 - Tue, May 2, 2017
Zota Health Care IPO is a book build issue of ₹58.50 crores. The issue is a combination of fresh issue of 0.32 crore shares aggregating to ₹39.75 crores and offer for sale of 0.15 crore shares aggregating to ₹18.75 crores.
Zota Health Care IPO bidding started from Apr 27, 2017 and ended on May 2, 2017. The shares got listed on NSE SME on May 10, 2017.
Zota Health Care IPO price band is set at ₹125 per share. The lot size for an application is 1,000. The minimum amount of investment required by an retail is ₹1,25,000 (1000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (2,000 shares), amounting to ₹2,50,000.
Indian Overseas Bank is the book running lead manager and Satellite Corporate Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Pantomath Stock Brokers Pvt.Ltd..
Refer to Zota Health Care IPO RHP for detailed Information.
IPO Open
Thu, Apr 27, 2017
IPO Close
Tue, May 2, 2017
Issue Price
₹125 per share
Market Cap (Pre-IPO)
₹219.29 Cr
| IPO Date | 27 Apr to 2 May, 2017 |
| Listed on | Wed, May 10, 2017 |
| Face Value | ₹10 per share |
| Price Band | ₹121 to ₹125 |
| Issue Price | ₹125 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 46,80,000 shares (agg. up to ₹59 Cr) |
| Reserved for Market Maker | 2,38,000 shares Pantomath Stock Brokers Pvt.Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 29,42,000 shares (agg. up to ₹37 Cr) |
| Offer for Sale | 15,00,000 shares of ₹10 (agg. up to ₹19 Cr) |
| Net Offered to Public | 44,42,000 shares (agg. up to ₹56 Cr) |
| Share Holding Pre Issue | 1,43,63,352 shares |
| Share Holding Post Issue | 1,75,43,352 shares |
| NSE Symbol | ZOTA |
| ISIN | INE358U01012 |
Zota Health Care IPO comprises a total issue size of 46,80,000 shares. The net offer to the public is 44,42,000 shares, after excluding 2,38,000 shares allotted on a firm basis. Of the Net offer 22,21,000 (50.00%) allocated to NII 22,21,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 22,21,000 | 50.00% | 47.46% |
| Retail Shares Offered | 22,21,000 | 50.00% | 47.46% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,38,000 | 5.09% | |
| Total Shares Offered | 46,80,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹1,25,000 |
| Retail (Max) | 1 | 1,000 | ₹1,25,000 |
| HNI (Min) | 2 | 2,000 | ₹2,50,000 |
Incorporated in 2000, Zota Health Care Ltd manufactures and markets pharmaceutical formulations, nutraceutical, and ayurvedic medicines in India and internationally. They mainly market
generic, patented and OTC pharmaceutical products. Products are marketed in the form of tablets, capsules, ointment, oral liquids, injectable etc as per customers need.
They offers products in various therapeutic categories including liver disorders, osteoarthritis, diabetes, cardiovascular disorders, neurological disorders, psychological disorders, nutritional deficiencies, musculoskeletal disorders, respiratory disorders, antipyretics, and morning sickness during pregnancy.
Zota applied for patent of 19 unique formulations out of which it already got patent for 6 products and the rest are waiting approvals. ZHCL has also taken initiatives for digital marketing strategy with a mobile application for its division “nutravedic.com” and is in the process of launching another application for easy reach to the end users. ZHCL has also set up a unit at Special Economic Zone Surat, to meet export demands for its products. Company has applied for registration in 15 countries for more than 230 products and has received 46 approvals from 10 countries.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment of certain borrowings availed by the Company | 3.30 |
| 2 | Working capital requirement | 27.00 |
| 3 | General Corporate Purpose | 8.09 |
The Zota Health Care IPO is subscribed [.] times on May 2, 2017 5:00:00 PM (Day 3). The public issue subscribed [.] times in the retail category, [.] times in the QIB category, and [.] times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc. | 0.56 |
| 2 | Regulatory Fees | 0.10 |
| 3 | Marketing and Other Expenses | 1.34 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹125.00 |
| Open | ₹140.40 |
| Low | ₹125.50 |
| High | ₹144.35 |
| Last Trade | ₹125.60 |
Satellite Corporate Services Pvt.Ltd.
Lead Manager Reports
Zota Health Care IPO is a SME IPO of 46,80,000 equity shares of the face value of ₹10 aggregating up to ₹59 Crores. The issue is priced at ₹125 per share. The minimum order quantity is 1000.
The IPO opens on Thu, Apr 27, 2017, and closes on Tue, May 2, 2017.
Satellite Corporate Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Zota Health Care IPO using UPI as a payment gateway. Zerodha customers can apply in Zota Health Care IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Zota Health Care IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Zota Health Care IPO opens on Thu, Apr 27, 2017 and closes on Tue, May 2, 2017.
Zota Health Care IPO lot size is 1000, and the minimum amount required for application is ₹1,25,000.
You can apply in Zota Health Care IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Zota Health Care IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Zota Health Care IPO allotment status.
The Zota Health Care IPO listing date is on Wed, May 10, 2017.
