87  Total SME IPOs listed in 2025

3,963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

87  Total SME IPOs listed in 2025

3963.65 Crs.  Total funds raised in 2025

60  SME IPOs listed with Gain in 2025

27  SME IPOs listed with loss in 2025

Zenith Drugs Limited IPO Peer Comparison

Zenith Drugs IPO is a SME IPO coming on NSE EMERGE with an IPO size of 40.68 Cr..
This IPO falls under the Pharmaceutical sector, which has seen 57 IPOs to date. Key sector metrics such as average PE ratio, IPO size, EBITDA margin, and PAT margin are compared below with the figures from the Zenith Drugs IPO.

Zenith Drugs
IPO Details


IPO Industry -
Pharmaceutical

IPOs So Far: 57

IPO Fund Raised

₹ 40.68 Cr.

Total Fund Raised

₹ 30303.91 Cr.

Average Fund Raised

₹ 522.48 Cr.

IPO PE Ratio

12.56 x

Average PE Ratio

30.26 x

IPO EBITDA

19.20 %

Average EBIDTA

0 %

IPO PAT

10.78 %

Average PAT

0 %

Zenith Drugs
IPO Details

IPO Industry

Pharmaceutical

IPOs So Far 57


IPO Fund Raised

₹ 40.68 Cr.

Total Fund Raised

₹ 30303.91 Cr.

Average Fund Raised

₹ 522.48 Cr.

IPO PE Ratio

12.56 x

IPO EBITDA

19.20 %

IPO PAT

10.78 %

Average PE Ratio

30.26 x

Average EBIDTA

0 %

Average PAT

0 %

Peer Comparison of Zenith Drugs IPO in This Sector

You can do performance analysis for Zenith Drugs IPO with Listed IPOs in the Pharmaceutical sector and review their IPO performance based on Merchant banker, Listing price, IPO Valuation and other metrics.

Select Listed IPO for Comparison:
Basis
Zenith Drugs IPO
vs
vs
vs

IPO Date
27th February 2024

BRLM
Gretex Corporate

IPO Size
₹ 40.68 Cr.

PE Multiple
12.56 X

Listing Price
₹ 105.15 (33.10%)

IPO Performance Report of Pharmaceutical Sector

This IPO report captures the post-listing performance of IPOs in the Pharmaceutical sector, featuring key metrics like offer price, listing gain, and CMP to help investors assess return potential and sector sentiment.

NAME TYPE OFFER PRICE LISTING PRICE LISTING GAIN CMP CMP %
Astonea Labs IPO
Financial Report >>
SME ₹ 135.00 ₹ 137.45 1.81% ₹ 146.75 9%
Accretion Pharmaceuticals IPO
Financial Report >>
SME ₹ 101.00 ₹ 79.00 -21.78% ₹ 69.35 -31%
Senores Pharmaceuticals IPO
Financial Report >>
MainBoard ₹ 391.00 ₹ 609.00 55.75% ₹ 573.00 47%
Hamps Bio IPO
Financial Report >>
SME ₹ 51.00 ₹ 101.74 99.49% ₹ 40.99 -20%
Onyx Biotec IPO
Financial Report >>
SME ₹ 61.00 ₹ 56.75 -6.97% ₹ 52.40 -14%
Akums Drugs IPO
Financial Report >>
MainBoard ₹ 679.00 ₹ 796.35 17.28% ₹ 582.90 -14%
Emcure Pharmaceuticals IPO
Financial Report >>
MainBoard ₹ 1008.00 ₹ 1358.85 34.81% ₹ 1318.40 31%
Medicamen Organics IPO
Financial Report >>
SME ₹ 34.00 ₹ 144.70 325.59% ₹ 45.95 35%
Quest Laboratories IPO
Financial Report >>
SME ₹ 97.00 ₹ 147.35 51.91% ₹ 85.55 -12%
Indegene Limited IPO
Financial Report >>
MainBoard ₹ 452.00 ₹ 570.65 26.25% ₹ 574.65 27%
Innova Captab IPO
Financial Report >>
MainBoard ₹ 448.00 ₹ 545.15 21.69% ₹ 853.80 91%
Sunrest Lifescience IPO
Financial Report >>
SME ₹ 84.00 ₹ 79.80 -5.00% ₹ 52.00 -38%
Blue Jet IPO
Financial Report >>
MainBoard ₹ 346.00 ₹ 395.85 14.41% ₹ 869.65 151%
Valiant Laboratories IPO
Financial Report >>
MainBoard ₹ 140.00 ₹ 169.05 20.75% ₹ 113.81 -19%
Mono Pharmacare IPO
Financial Report >>
SME ₹ 28.00 ₹ 30.45 8.75% ₹ 24.50 -13%
Concord Biotech IPO
Financial Report >>
MainBoard ₹ 741.00 ₹ 941.85 27.11% ₹ 1798.60 143%
Vilin Bio IPO
Financial Report >>
SME ₹ 30.00 ₹ 30.00 [●] ₹ 27.85 -7%
Remus Pharmaceuticals IPO
Financial Report >>
SME ₹ 1229.00 ₹ 1711.00 39.22% ₹ 1959.45 59%
Mankind Pharma IPO
Financial Report >>
MainBoard ₹ 1080.00 ₹ 1424.05 31.86% ₹ 2303.50 113%
Infinium Pharmachem IPO
Financial Report >>
SME ₹ 135.00 ₹ 141.50 4.81% ₹ 296.65 120%
Sotac Pharmaceuticals IPO
Financial Report >>
SME ₹ 111.00 ₹ 115.00 3.60% ₹ 131.65 19%
Sudarshan Pharma IPO
Financial Report >>
SME ₹ 73.00 ₹ 73.00 [●] ₹ 26.56 -64%
Patron Exim IPO
Financial Report >>
SME ₹ 27.00 ₹ 28.40 5.19% ₹ 6.10 -77%
Trident Lifeline IPO
Financial Report >>
SME ₹ 101.00 ₹ 108.15 7.08% ₹ 272.40 170%
JFL Life IPO
Financial Report >>
SME ₹ 61.00 ₹ 66.50 9.02% ₹ 15.05 -75%
Dipna Pharmachem IPO
Financial Report >>
SME ₹ 38.00 ₹ 33.40 -12.11% ₹ 22.64 -40%
Achyut Healthcare IPO
Financial Report >>
SME ₹ 20.00 ₹ 21.15 5.75% ₹ 3.54 -82%
Evoq Remedies IPO
Financial Report >>
SME ₹ 27.00 ₹ 23.75 -12.04% ₹ 5.55 -79%
Fabino Life IPO
Financial Report >>
SME ₹ 36.00 ₹ 40.35 12.08% ₹ 30.80 -14%
Supriya Lifescience IPO
Financial Report >>
MainBoard [●] ₹ 390.35 42.46% ₹ 680.60 148%
Medplus Health IPO
Financial Report >>
MainBoard [●] ₹ 1120.85 40.81% ₹ 903.00 13%
Windlas Biotech IPO
Financial Report >>
MainBoard [●] ₹ 406.70 406.70% ₹ 895.10 95%
Glenmark Life IPO
Financial Report >>
MainBoard [●] ₹ 748.20 748.20% ₹ 994.60 38%
Gland Pharma IPO
Financial Report >>
MainBoard [●] ₹ 1820.45 1820.45% ₹ 1792.30 19%
Chandra Bhagat IPO
Financial Report >>
SME ₹ 51.00 ₹ 51.76 1.49% ₹ 58.00 14%
Earum Pharmaceuticals IPO
Financial Report >>
SME ₹ 36.00 ₹ 36.05 0.14% ₹ 1.07 -97%
Cian Healthcare IPO
Financial Report >>
SME ₹ 61.00 ₹ 61.50 0.82% ₹ 4.21 -93%
Par Drugs IPO
Financial Report >>
SME ₹ 51.00 ₹ 51.45 0.88% ₹ 95.21 87%
Deccan Health IPO
Financial Report >>
SME ₹ 100.00 ₹ 113.40 13.40% ₹ 19.47 -81%
Medico Remedies IPO
Financial Report >>
SME ₹ 100.00 ₹ 97.15 -2.85% ₹ 49.00 145%
Beta Drugs IPO
Financial Report >>
SME [●] ₹ 101.95 19.94% ₹ 1765.00 1976%
Vanta Bioscience IPO
Financial Report >>
SME [●] ₹ 50.20 0.40% ₹ 27.32 -45%
Dhruv Wellness IPO
Financial Report >>
SME [●] ₹ 19.50 -2.50% ₹ 5.32 -73%
ANG Lifesciences IPO
Financial Report >>
SME [●] ₹ 96.00 20.00% ₹ 27.83 -65%
Vaishali Pharma IPO
Financial Report >>
SME [●] ₹ 70.35 -2.29% ₹ 11.86 -18%
Eris Lifesciences IPO
Financial Report >>
MainBoard [●] ₹ 601.05 601.05% ₹ 1618.00 168%
Zota Health IPO
Financial Report >>
SME [●] ₹ 125.60 0.48% ₹ 942.75 654%
Laurus Labs IPO
Financial Report >>
MainBoard [●] ₹ 480.50 480.50% ₹ 680.35 695%
Sakar Healthcare IPO
Financial Report >>
SME [●] ₹ 52.15 4.30% ₹ 366.00 632%
Kwality Pharmaceuticals IPO
Financial Report >>
SME [●] ₹ 44.50 -1.11% ₹ 1024.90 2178%
Bajaj Healthcare IPO
Financial Report >>
SME [●] ₹ 171.50 0.88% ₹ 523.30 2978%
Alkem Laboratories IPO
Financial Report >>
MainBoard [●] ₹ 1381.45 1381.45% ₹ 4841.00 361%
Syngene International IPO
Financial Report >>
MainBoard [●] ₹ 310.40 310.40% ₹ 645.70 158%
Brooks Laboratories IPO
Financial Report >>
MainBoard [●] ₹ 60.20 -39.80% ₹ 150.00 50%
Parabolic Drugs IPO
Financial Report >>
MainBoard [●] ₹ 64.80 64.80% [●] [●]
Bafna Pharmaceuticals IPO
Financial Report >>
MainBoard [●] ₹ 38.50 38.50% [●] [●]
SMS Pharmaceuticals IPO
Financial Report >>
MainBoard [●] ₹ 357.85 357.85% ₹ 247.70 552%

Sector wise SME IPO Performance Report Available >>

Zenith Drugs IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Zenith Drugs IPO?

Zenith Drugs IPO, based in Indore, operates in the   Pharmaceutical sector with a focus on manufacturing high quality and affordable Medicines. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Zenith Drugs IPO size is ₹ 40.68 Cr. with fresh issue size of ₹ 40.68 Cr. and Offer for sale being ₹ Nil

When is Zenith Drugs IPO allotment?

The IPO allotment date for Zenith Drugs IPO is expected to be 23rd February 2024, after the finalization of basis of allotment. Investors can check Zenith Drugs IPO allotment status on the registrars website, Bigshare Services Private Limited . Zenith Drugs IPO refund dates are 26th February 2024.

When is Zenith Drugs IPO listing date?

Zenith Drugs IPO is expected to be listed on 27th February 2024.

What is the price band for Zenith Drugs IPO?

The upper price band for the Zenith Drugs IPO is set at ₹ 79.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Zenith Drugs IPO Review?

For IPO analysis on Zenith Drugs IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Zenith Drugs IPO?

To apply for the Zenith Drugs IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd February 2024. After submission, funds are blocked until the basis of allotment of Zenith Drugs IPO is finalised.

Who is the merchant banker of Zenith Drugs IPO?

The merchant banker for Zenith Drugs IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Zenith Drugs IPO RHP for further details.

Who is the Registrar of Zenith Drugs IPO?

The registrar for Zenith Drugs IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Zenith Drugs IPO through their official website or helpline.

What is the Zenith Drugs IPO subscription?

Zenith Drugs IPO was subscribed 179.18 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

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