Zota Healthcare launches IPO of 47 lakh shares on NSE

Pantomath Capital Advisor Limited with Indian Overseas Bank on Tuesday filed the Draft Red Herring Prospectus of Zota Healthcare with EMERGE platform of NSE.

Zota Healthcare, engaged in developing, manufacturing and marketing of pharmaceuticals and healthcare products, proposed for Initial Public Offering of 46,80,000 equity shares. The offers comprises of fresh issue of 31,80,000 equity shares and Offer for Sale of 15,00,000 equity shares. 

“We are highly ecstatic to have taken this progressive decision of going public. We look forward for exploring new markets and availing the benefits of going public. With nation wide visibility through NSE EMERGE Platform, we shall also create an edge over our unlisted peers, thus building a strong repute in the Industry. We thank all our team members and well-wishers who have been part of this journey” Himanshu Zota, Whole-time Director, Zota Health Care Limited, said.

Pantomath Capital Advisors (P) Ltd. and Indian Overseas Bank are the Lead Managers to the Issue.