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Zenith Drugs stock lists at 39% premium to IPO price on NSE SME

Zenith Drugs IPO: The stock opened at Rs 110 against the issue price of Rs 79 on the NSE SME platform

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zenith drugs ipo subscription status: Zenith Drugs IPO subscribed 5 5 times on Day 3 Check GMP and other details

Zenith Drugs IPO is an entirely fresh equity issue of 51.4 lakh shares and through the issue, the company aims to raise Rs 40.6 crore. The company is offering its shares at Rs 75-79 apiece, and investors can bid for 1,600 shares in 1 lot.

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Zenith Drugs IPO Day 1: Check subscription status, GMP and other details

The SME IPO received 55,47,200 shares against offered 51,48,800 shares, as per data available on NSE.

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