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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Zenith Drugs Ltd
Registered Office: K # 72/5 Village Muradpura, NA Depalpur, Indore - 453001, Madhya Pradesh
Phone: 1
Email: 1
Website: 1
Initial public offer of 51,48,800* equity shares of face value of Rs. 10.00 each ("Equity Shares") of Zenith Drugs Limited (the "Company" or the "Issuer") for cash at a price of Rs. 79.00 per equity share including a share premium of Rs. 69.00 per equity share (the "Issue Price") aggregating to Rs. 40.68 crores ("The Issue"). The issue includes a reservation of 8,52,800 equity shares aggregating to Rs. 6.74 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 42,96,000 equity shares aggregating to Rs. 33.94 crores (the "Net Issue"). The issue and the net issue constitute 30.02 % and 25.05 % respectively of the post issue paidup equity share capital of the company. Face value of equity shares is Rs. 10.00 each and the issue price is 7.9 times of the face value. Bid was made for minimum of 1,600 equity shares and the multiples of 1,600 equity shares thereafter *Subject to finalization of basis of allotment
Issue Money Payable On
Opens On Closes On Application Allotment
19-Feb-2024 22-Feb-2024 79.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 35.96
Project Financed through Current Offer 40.68
Post Issue Equity Share Capital 17.15
Issue Price 79.00
Projects
Purchase of Machinery & Equipments for Setting up new unit
Existing manufacturing block upgradation
Working capital requirements
General corporate purposes
Promoted By
Sandeep Bhardwaj
Bhupesh Soni
Ajay Singh Dassundi
NSE - SME
Registrar to the Issue
Attention Investor
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