The Zenith Drugs IPO minimum market lot is 1600 shares with ₹126,400 application amount. The Zenith Drugs IPO is an SME IPO, and it is to be listed on NSE SME.
Zenith Drugs is a pharmaceutical manufacturing and trading company based out of Indore. They have a manufacturing unit, dedicated to ensuring the highest quality standards when it comes to manufacturing of medicines. They are specialized in manufacturing high-quality and affordable Medicines to support their patients in need. The Company is also into Generic Medicines and Generic Medicines are cost effective. Since its inception, the company has focused on building a strong foundation and laying the groundwork for its future growth and success.
IPOWatch View
We recommend investors may apply for an IPO with Avoid. Investors should also look at the QIB, NII, and Retail numbers before investing.
Zenith Drugs IPO Subscription Status – Day 4
| Category | QIB | NII | RII | Total |
| Day 1 | 0.00 | 0.99 | 3.42 | 1.92 |
| Day 2 | 3.53 | 2.50 | 9.41 | 6.25 |
| Day 3 | 3.54 | 7.98 | 19.42 | 12.43 |
| Day 4 | 106.72 | 368.62 | 138.57 | 178.79 |
Zenith Drugs IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Zenith Drugs IPO Review
- Avoid
Zenith Drugs IPO Form
How to apply for the Zenith Drugs IPO? You can apply for Zenith Drugs IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Zenith Drugs IPO in the Invest section. The other option is you can apply for Zenith Drugs IPO via IPO forms downloaded online. Check out the Zenith Drugs forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
