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Open
27 Apr to 2 May, 2017
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Close
27 Apr to 2 May, 2017
3
Allotment
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Listing
Wed, May 10, 2017
Price Band
₹121 to ₹125
Issue Size
46,80,000 shares (agg. up to ₹59 Cr)
Lot Size
1,000 Shares
Listing Date
Wed, May 10, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 15.64x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2016 | 31 Mar 2016 | 31 Mar 2015 | 31 Mar 2014 |
|---|---|---|---|---|
| Assets | 49.88 | 41.55 | 38.36 | 33.18 |
| Total Income | 56.26 | 64.81 | 56.48 | 50.21 |
| Profit After Tax | 3.94 | 5.19 | 4.26 | 3.13 |
| NET Worth | 25.50 | 21.56 | 18.10 | 15.61 |
| Reserves and Surplus | 11.14 | 7.20 | 3.74 | 3.64 |
| Total Borrowing | 6.42 | 2.23 | 5.02 | 4.22 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Sakar Healthcare Ltd. | SME | ₹14.81 Cr | ₹50 | null | ₹52.15 | +4.30% | ₹802.20 (-3.07%) |
| Kwality Pharmaceuticals Ltd. | SME | ₹6.21 Cr | ₹45 | null | ₹44.50 | -1.11% | ₹2,781.70 (+3.98%) |
| Bajaj Healthcare Ltd. | SME | ₹30.90 Cr | ₹170 | null | ₹171.50 | +0.88% | ₹323.35 (+1.62%) |
| Laurus Labs Ltd. | Mainboard | ₹1,330.51 Cr | ₹428 | null | ₹480.40 | +12.24% | ₹1,601.20 (+2.17%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment of certain borrowings availed by the Company | 3.30 |
| 2 | Working capital requirement | 27.00 |
| 3 | General Corporate Purpose | 8.09 |
About Zota Health Care IPO
Incorporated in 2000, Zota Health Care Ltd manufactures and markets pharmaceutical formulations, nutraceutical, and ayurvedic medicines in India and internationally. They mainly market generic, patented and OTC pharmaceutical products. Products are marketed in the form of tablets, capsules, ointment, oral liquids, injectable etc as per customers need.They offers products in various therapeutic categories including liver disorders, osteoarthritis, diabetes, cardiovascular disorders, neurological disorders, psychological disorders, nutritional deficiencies, musculoskeletal disorders, respiratory disorders, antipyretics, and morning sickness during pregnancy.Zota applied for patent of 19 unique formulations out of which it already got patent for 6 products and the rest are waiting approvals. ZHCL has also taken initiatives for digital marketing strategy with a mobile application for its division “nutravedic.com” and is in the process of launching another application for easy reach to the end users. ZHCL has also set up a unit at Special Economic Zone Surat, to meet export demands for its products. Company has applied for registration in 15 countries for more than 230 products and has
Contact Details
Zota Health Care Ltd. AddressZota House2/896 Hira Modi StreetSagrampuraSurat, Gujarat, 395002+91 261 2331601info@zotahealthcare.comVisit Website