Zenith Drugs IPO To Close Soon: Know Price Band, Latest GMP, And Other Details

zenith drugs ipo to close soon: know price band, latest gmp, and other details

Zenith Drugs IPO GMP: The initial public offering (IPO) of Zenith Drugs Limited opened for subscription for retail investors on Monday. This maiden offer is categorised under the small and medium enterprises (SME) sector. Here are the important details about the Zenith Drugs IPO, including the subscription dates, price range, lot size, minimum investment, and the current grey market premium (GMP).

Zenith Drugs IPO Dates

The subscription window for the Zenith Drugs IPO opened for retail investors on Monday, February 19. It will close on Thursday, February 22.

Zenith Drugs IPO Price Band, Lot Size

Zenith Drugs IPO’s price band is Rs 75-79 per share. Investors are required to apply for a minimum of 1,600 shares, which translates to a minimum investment of Rs 1,20,000 at the lower end of the price band.

Zenith Drugs IPO GMP Today

According to various observers that track unlisted market activities, the Zenith Drugs IPO was commanding a GMP in the range of Rs 18-19 on Wednesday afternoon.

Zenith Drugs IPO Allotment Date

The finalisation of the allotment for the Zenith Drugs IPO is scheduled for February 23. Applicants can check the status of their application on the website of the issue’s registrar, Bigshare Services, following the allotment date.

Zenith Drugs IPO Listing Date

The shares of Zenith Drugs Limited are expected to be listed on the stock exchange on February 27.

(Disclaimer: The content of this article is for informational purposes only and is not intended to be investment advice. Readers are advised to consult their financial advisors prior to making any investment decisions.)