Surat based & set up in 2000, Zota Health Care Ltd manufactures pharmaceutical formulations, nutraceutical, and ayurvedic medicines They mainly market generic, patented and OTC pharmaceutical products.
The company has applied for patent of 19 formulations out of which it has got patent for 6 products. The company has also set up a unit at SEZ Surat, to meet export demands . The company has applied for registration in 15 countries for more than 230 products & has received 46 approvals from 10 countries.
Repayment/prepayment of certain borrowings availed by the Company;
for working Capital requirement
IPO Particulars :
Opens on : Apr 27, 2017
Closes on : May 2, 2017
Issue Type: Book Built Issue IPO
Issue Size: 4,680,000 Equity Shares of Rs 10 aggregating up to Rs 58.50 Cr
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 121 – Rs 125 Per Equity Share
Minimum Order Quantity: 1000 Shares
Listing proposed at: NSE SME
Past performance :
Topline/Net profits of 2012-13 Rs. 43.94 cr. / Rs. 2.55 crores
Topline/Net profits of 2013-14 Rs. 50.21 cr. / Rs. 3.13 crores
Topline/Net profits of 2014-15 Rs. 56.48 cr. / Rs. 4.26 crores
Topline/Net profits of 2015-16 Rs. 64.84 cr. / Rs. 5.19 crores
For 9 M of 2016-17,it has reported net profit of Rs. 3.94 crore on topline of Rs. 56.26 crores.
Asking price appears to be at P/E of around 40
Lead Manager Indian Overseas Bank
Regitrar :Satellite Corporate Services Private Limited