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Company Information

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ZENITH DRUGS LTD.

21 April 2025 | 03:55

Industry >> Pharmaceuticals

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ISIN No INE0QWN01013 BSE Code / NSE Code / Book Value (Rs.) 36.31 Face Value 10.00
Bookclosure 25/09/2024 52Week High 154 EPS 5.59 P/E 15.68
Market Cap. 150.39 Cr. 52Week Low 47 P/BV / Div Yield (%) 2.42 / 0.00 Market Lot 800.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated on November 15, 2000 as a Private Limited Company in the name of "Zenith Drugs Private Limited" under the provisions of the Companies Act, 1956 with the Registrar of Companies, Madhya Pradesh, Gwalior. Subsequently pursuant to a Special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on September 05, 2023, our Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to `Zenith Drugs Limited' and a Fresh Certificate of Incorporation consequent to Conversion was issued on September 13, 2023 by the Registrar of Companies, Gwalior.

MAJOR EVENTS AND MILESTONES:
2000
-Incorporation of the Company.

2001
-Started as a manufacturing house for oral and external formulations.

2004
-Shifted to a Schedule M GMP compliant unit.
-Started the production of two lines which are liquid orals and ointments.

2007
-Started manufacturing ORS Powder

2016
-Received WHO GMP certification

2019
-Turnover crossed 50 Crores.

2020
-Turnover crossed 75 Crores.

2021
-Certificate of Quality Management System ISO 9001:2015 issued by Global Grading Certification
-Certificate of compliance with good manufacturing practices issued by Liberia Medicines and Health Products Regulatory Authority
-Our Company received subsidy under Madhya Pradesh MSME Yojna i.e. MSME Promotion Scheme,2019 as Industrial Development Grant upto 40% of the capital invested in machinery i.e. grant of ? 170.04 Lakhs

2022
-The Company was recognized as among top 10 MSME Pharmaceutical Manufacturers in Indore in Industry Outlook Magazine Edition.

2023
-Turnover crossed 100 Crores.
-Collaborated with Mr. Kshatriya Valtaprasad Nandkishore for Carrying out the task of Marketing and Export of the products manufactured by Zenith.
-Conversion of our Company from Private Limited Company to Public Limited Company.

2024 -"Zenith Drugs has been awarded Tenders issued by the Uttar Pradesh Medical Supplies Corporation Limited."