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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 shares list at 39% premium over IPO price

Zenith Drugs, which was entirely a fresh equity issue of 51.48 lakh shares, received a healthy response from investors. The issue was subscribed 179 times, driven by strong interest across categories. The net proceeds will be used for the purchase of machinery and setting up a new plant, existing manufacturing block upgradation, working capital requirements, and general corporate purposes. ....

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IPOs next week: Six new issues and five new listings to keep primary market busy

Around six new initial public offerings (IPO), including three in mainboard and three small and medium enterprise (SME), are set to hit Dalal Street in the upcoming week. ....

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Zenith Drugs IPO allotment: Here's how you can check status

The SME IPO of Zenith Drugs will finalize the allotment today. Investors can check the status on the registrar s website. The shares are fetching a GMP of Rs 20. The IPO price band is Rs 75-79. The stock is expected to get listed with a 25% premium on February 27. ....

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Zenith Drugs IPO allotment out, here's how to check status

Investors who get the IPO will receive the shares in their respective demat accounts on Monday, February 26 and those who didn t receive the IPO will get their refunds credited into their accounts on Monday. ....

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