Zenith Drugs IPO Subscription Details

Bookbuilding IPO | ₹41 Cr | Listed at NSE SME | Mon, Feb 19, 2024 - Thu, Feb 22, 2024

Basis of Allotment - Zenith Drugs IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)8,59,20012,88,00021,47,2006,44,80015,04,00042,96,000
Allotment price (Rs.)797979797979
No.of applications5165712,9351,28,3311,41,323
No.of shares applied9,14,32,00016,51,2009,30,83,20023,67,98,40020,53,29,60053,52,11,200
Amount collected (Rs.cr.)722.31 13.04 735.36 1,870.71 1,622.10 4,228.17
No.of times subscribed106.421.2843.35367.24136.52124.58
No.of shares allotted8,59,20012,88,00021,47,2006,44,80015,04,00042,96,000
Amount (Rs.cr.)6.79 10.18 16.96 5.09 11.88 33.94
No.of allottees066006

IPO Shares Offered

Zenith Drugs IPO is a public issue of 0.43 Cr equity shares. The issue offers 0.15 Cr shares to retail investors, 0.21 Cr shares to qualified institutional buyers, and 0.06 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker8,52,8006.74 16.56%
QIB 21,47,20016.96 41.70%
    Anchor 12,88,000 10.18 25.02%
    QIB (Ex Anchor) 8,59,200 6.79 16.69%
NII* 6,44,8005.09 12.52%
Retail15,04,00011.88 29.21%
Total51,48,80040.68 100%

Zenith Drugs IPO Anchor Investor Allocation

A total of 12,88,000 shares at a price of Rs 79 per share will be allotted to the anchor investors.

Anchor investors bid opening dateFeb 16, 2024
Anchor investor price₹79.00
Anchor investors as % of QIBs59.99%
No. of shares locked-in for 30 days6,44,000
No. of shares locked-in for 90 days6,44,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHANAKYA OPPORTUNITIES FUND CHANAKYA 1,28,000 1.01 9.94 2.49
2 MONEYWISE FINANCIAL SERVICES PVT.LTD. MONEYWISE FINANCIAL SERVICES 1,28,000 1.01 9.94 2.49
3 NEOMILE GROWTH FUND NEOMILE 1,90,400 1.50 14.78 3.70
4 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 3,77,600 2.98 29.32 7.33
5 ARIES OPPORTUNITIES FUND LTD. ARIES 2,52,800 2.00 19.63 4.91
6 VIKASA CAPITAL INC. VIKASA 2,11,200 1.67 16.40 4.10
12,88,00010.1810025.02

IPO Subscription FAQs

The Zenith Drugs IPO is subscribed 179.18 times by Feb 22, 2024 18:21.

Zenith Drugs IPO Subscription

Investor Category Subscription (times)
Qualified Institutional106.72
Non Institutional368.77
Retail Individual139.28
Total Subscription179.18

Retail category of Zenith Drugs IPO subscribed 139.28 times as of date Feb 22, 2024 18:21. The public issue closes on Thu, Feb 22, 2024 for bidding.

An investor can apply in Zenith Drugs IPO online via bank (using ASBA) or the broker (using UPI). The Zenith Drugs IPO shares are offered online only.

The Zenith Drugs IPO is subscribed 179.18 times by Feb 22, 2024 18:21.

The Zenith Drugs IPO allotment status is expected on or around Friday, February 23, 2024. Visit Zenith Drugs IPO allotment status to check.

The Zenith Drugs IPO listing date is February 27, 2024. The equity share of Zenith Drugs IPO will list on NSE SME.

Visit Zenith Drugs IPO subscription status page for real-time bidding information about Zenith Drugs IPO.

Zenith Drugs IPO Timetable

IPO opens OnMonday, February 19, 2024
IPO Closes OnThursday, February 22, 2024
Finalisation of Basis of AllotmentFriday, February 23, 2024
Initiation of RefundsMonday, February 26, 2024
Credit of Shares to Demat AccountMonday, February 26, 2024
IPO Listing DateTuesday, February 27, 2024
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