Zota Health Care IPO
Zota Health Care Ltd (ZHCL) started operations in 2000 and is a fast growing pharmaceutical company with a portfolio of formulations including Nutraceuticals and Ayurvedic offerings that are available in many Asian, African, Latin American and CIS countries in addition to India. Over the years, the company has built a steady position with a consistent growth of revenue in domestic operations from INR32 crore in 2012 to INR58 crore in 2016.
ZHCL has currently applied for patent for 19 unique formulations from which it has been granted approvals for 6 formulations.
Zota Health Care Ltd Profile
The company is actively expanding its presence in the digital space with the launch of its mobile application for its Nutravedic division. Additionally, it has acquired marketing rights of Astra-Idl Ltd, for three years to strengthen its position in the generic market segment.
Zota has an impressive product line that boasts of products in the form of Tablets, Capsules, Oral Liquids, Dry Powders, Injectable, Oral Liquid Sprays, Ointments, Creams, Lotions, Medicated Soaps, Eye / Ear / Nasal Drops, Ayurvedic Products, Tooth Gels, Mouth Wash, Gum Paint, Shampoos, Prefilled Syringes, Nutraceuticals, Cosmetics with 21 divisions offering products under various categories and sub categories.
Promoters of Zota Health Care – Ketankumar Zota, Manukant Zota, Himanshu Zota and Kamlesh Zota
Zota Health Care IPO details
|Subscription Dates||27 Apr – 2 May 2017|
|IPO Price band||INR121 – 125 per share|
|Fresh issue||3,180,000 shares (INR39.75 crore at upper band)|
|Offer for sale||1,500,000 shares (INR18.75 crore at upper band)|
|Total IPO size||4,680,000 shares (INR58.5 crore at upper band)|
|Minimum bid (lot size)||1,000 shares|
|Face Value||INR10 per share|
|Listing On||NSE Emerge platform|
Zota Health Care’s financial performance (in INR crore)
|Profit after tax||2.0||2.5||3.1||4.3||5.2||3.9|
Zota Health Care Limited
2/896, Hira Modi Street, Sagrampura
Surat – 395 002
Phone: +91 261 233 1601
Earnings Per Share (EPS): INR3.61
Price/Earnings (P/E) ratio: 33.5 – 34.6
Return on Net Worth (RONW): 24.05%
Net Asset Value (NAV): INR15.01 per share
Satellite Corporate Services Pvt Ltd
B-302, Sony Apartment, 90 feet road,
Jarimari, Sakinaka, Mumbai – 400 072
Phone: +91 22 2852 0461
Fax: +91 22 2851 1809
Email: [email protected]
Zota Health Care IPO allotment status is now available on Satellite Corporate Services’ website.
Click on this linkto get allotment status.
IPO Opening Date: 27 April 2017
IPO Closing Date: 2 May 2017
Finalization of basis of allotment: 5 May 2017
Initiation of refunds: 8 May 2017
Credit of shares in demat accounts: 9 May 2017
Listing Date: 11 May 2017
Listing Price on NSE SME: INR129.9 per share (up 3.9% from IPO price)
Closing Price on NSE SME: INR127 per share (up 1.6% from IPO price)