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Zenith Real Estate Limited (ZENITHRE)

Mainboard IPO Upcoming
Broker ConsensusNeutral

Bidding Dates

15 Jul

to 18 Jul 2026

Bidding is closed

Price Band

₹180 - ₹195

Per Equity Share

Face Value: ₹10 per share

Minimum Investment

13,500

75 Shares (1 Lot)

Issue Size: ₹1850 Cr

IPO Subscription Bidding Status

Live Data
Investor CategorySubscription Status
Retail Individual0.00x
Qualified Institutional Buyers (QIB)0.00x
Non-Institutional Investors (NII)0.00x
Total Bids Cumulative0.00x

* Note: Subscription figures are updated in real-time on bidding days based on exchange feeds.

Listing Price Estimator

210(Est. Price)

IPO GMP: 15 (7.7% premium)

Strong listing gains expected

Grey Market Premium Trend

Past 3 Days
DateGMPEst. Listing Price
Latest Active15210
1 Day Prior10205
2 Days Prior7202

Tentative IPO Timetable

IPO Open Date15 Jul 2026
IPO Close Date18 Jul 2026
Basis of Allotment21 Jul 2026
Refund Initiation22 Jul 2026
Credit to Demat22 Jul 2026
Listing Date25 Jul 2026

Lot Size & Investment Limits

SEBI Limits
CategoryLotsSharesAmount
Retail Minimum1 Lot75 Shares₹13,500
Retail Maximum14 Lots1050 Shares₹1,89,000
Small HNI / NII Min15 Lots1125 Shares₹2,02,500
Small HNI / NII Max74 Lots5550 Shares₹9,99,000
Big HNI / NII Min75 Lots5625 Shares₹10,12,500

Retail Limit: ₹2 Lakhs | NII Min Limit: ₹2 Lakhs | NII Big Limit: ₹10 Lakhs

Key Performance Indicators (KPIs)

Post-Issue Valuation
PE Ratio15.00
Market Cap7770.00 Cr
Debt to Equity0.20
Return on NW14.00%
Earnings Per Share13.00

Comparative Restated Financials

Values in ₹ Crore
Financial Indicator31-Mar-202331-Mar-202431-Mar-2025
Total Assets2368.003108.003848.00
Total Revenue1332.001748.252164.50
Profit After Tax (PAT)103.60149.57202.02
Net Worth1258.001651.132044.25
Reserves & Surplus888.001165.501443.00
Total Borrowings915.75790.88666.00

About Zenith Real Estate Limited

Zenith Real Estate is a premium commercial infrastructure builder creating carbon-neutral tech hubs and corporate office plazas.

Competitive Strengths

  • Robust business model and scalable operation setup.
  • Experienced board of directors and technical management team.
  • Consistent track record of revenue performance in core segments.

Objects of the Issue

1

Funding working capital requirements of the company.

2

Repayment or pre-payment of certain borrowings availed by the company.

3

Funding capital expenditure for setting up new facilities or purchasing equipment.

4

General corporate purposes and business expansion.

Broker & Analyst Recommendations

Broker Consensus
Advisor / BrokerageVerdictRating
Chittorgarh IPO AdvisorySubscribe4/5
Dilip Davda (Analyst)Subscribe with Caution3.5/5
SMC GlobalNeutral3/5
Choice Equity BrokersSubscribe4/5

Disclaimer: Broker reviews, ratings, and consensus recommendations are aggregated from public analyst estimates and research reports for educational purposes. Grey Market Premium (GMP) indicators represent unofficial market sentiments, are highly speculative, and do not guarantee actual listing-day performance. Investing in securities is subject to market risks; please perform your own diligence or consult a SEBI registered investment advisor before bidding.

Company Contact Info

Zenith Real Estate Limited Ltd.

Registered Office, 4th Floor, Netaji Subhash Road, Mumbai, MH - 400001
+91-22-68939021

Registrar Contact Info

Lead Manager(s)

SBI Capital Markets / ICICI Securities

+91-22-68939000