Ztech India IPO: Date, Review, GMP Price & Allotment Details

IPO Date: 29-31 May

Price: ₹110
Lot Size: 1200 Shares
Allotment Date: 3-June-2024
Listing Date: 4-June-2024
IPO Size: Approx ₹37.30 Crores, 3,391,200 Equity Shares

IPO GMP:- 27.27% or ₹30
Listing Gain 27.27%

Ztech India IPO Details: Ztech India has finalized its IPO schedule, set to kick off on May 29 and wrap up on May 31. This marks an exciting opportunity for investors as the company aims to raise ₹37.30 crores through the IPO. The price band for Ztech India’s IPO is set between ₹104 to ₹110 per share, with a market lot of 1200 shares.

Specializing in cutting-edge civil engineering products and services, Ztech India is renowned for its expertise in Geo-Technical Specialized Solutions within the realm of infrastructure and civil construction projects across India. Their focus encompasses a wide array of techniques and technologies designed to enhance the performance and stability of structures situated on or within the ground. Moreover, they actively contribute to the waste management sector by transforming recycled scrap materials into vibrant theme parks while also implementing advanced wastewater management solutions for industrial units, employing the innovative GEIST technology. This dual commitment underscores their holistic approach to sustainability, repurposing discarded materials into recreational spaces while efficiently managing industrial wastewater through state-of-the-art methods.

At the core of their operations is a dedication to providing innovative, secure, and environmentally friendly engineering solutions to their clientele. These solutions revolve around three key areas:

  1. Sustainable Theme Park Development
  2. Industrial Wastewater Management
  3. Geo-Technical Specialized Solutions

Backed by a highly skilled team of engineers and trained technicians, Ztech India ensures the timely delivery of solutions right to your doorstep. Their robust leadership and delivery team, comprising diverse and dedicated professionals, are actively steering the company towards growth and facilitating a seamless transition for the next generation of leaders.

Ztech India IPO Objectives:

The objects of the Issue are:-

  1. To meet out the Working Capital requirements of the Company.
  2. To meet out the General Corporate Purposes; and
  3. To meet out the Issue Expenses.

Ztech India IPO Review (Apply or Not)

  • May Apply

Ztech India IPO Date & Price Band Details:

IPO Open:May 29, 2024
IPO Close:May 31, 2024
IPO Size:Approx ₹37.30 Crores, 3,391,200 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹104 to ₹110 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:35% of the net offer
QIB Quota:50% of the net offer
NII Quota:15% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Ztech India IPO Lot Size:

Investors looking to participate in the Ztech India IPO will need to adhere to a minimum market lot of 1200 shares, requiring an application amount of ₹132,000.

ApplicationLot SizeSharesAmount
Retail Minimum11200₹132,000
Retail Maximum11200₹132,000
S-HNI Minimum22400₹264,000

Ztech India IPO Timeline:

The Ztech India IPO is scheduled to commence on May 29, with the closing date set for May 31. Following this, the IPO allotment process is slated for June 3, with a potential listing date of June 4.

IPO Open Date:May 29, 2024
IPO Close Date:May 31, 2024
Basis of Allotment:June 3, 2024
Refunds:June 4, 2024
Credit to Demat Account:June 4, 2024
IPO Listing Date:June 4, 2024

Ztech India IPO GMP Today:

the last Grey Market Premium (GMP) for the Ztech India SME IPO stands at ₹30. With a price band of ₹110.00, the estimated listing price for the IPO is projected to be ₹140, calculated by adding the cap price to today’s GMP. This indicates a potential percentage gain/loss per share of 27.27%.

Ztech India Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹23.96₹23.00₹0.66
2022₹30.84₹30.68₹0.08
2023₹25.88₹23.21₹1.97
March 2024₹67.37₹56.87₹7.80

Ztech India IPO Valuation – FY2023

Check Ztech India IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹2.25 per Equity Share
Price/Earning P/E Ratio:NA
Return on Net Worth (RoNW):17.44%
Net Asset Value (NAV):₹103.17 per Equity Share

Peer Group

  • Ion Exchange (India) Limited
  • Felix Industries Limited
  • Wonderla Holidays Limited
  • H.G. Infra Engineering Limited
  • Nicco Parks & Resorts Limited
  • NCC Limited

Company Promoters

  • Ms Sanghamitra Borgohain
  • M/s Terramaya Enterprises Private Limited

Ztech India IPO Registrar

Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/

Ztech India IPO Allotment Status

Check Ztech India IPO allotment status on Maashitla Securities website URL. Click Here

Ztech India IPO Lead Managers aka Merchant Bankers

  • Narnolia Financial Services Ltd

Company Address

Ztech India Limited
Plot 140, Khasra
No. 249, Mangla Puri, Gadaipur
South-West Delhi, New Delhi- 110030,
Phone : + 011-35017243
Email : cs@ztech-india.com
Website : https://www.z-techindia.com

Frequently Asked Questions (FAQs) – Ztech India IPO

  1. What is the Ztech India IPO?
    • The Ztech India IPO is the initial public offering of shares in Ztech India, a company specializing in civil engineering products and services, with a focus on Geo-Technical Specialized Solutions, sustainable theme park development, and industrial wastewater management.
  2. When is the Ztech India IPO opening and closing?
    • The Ztech India IPO is scheduled to open on May 29 and close on May 31.
  3. What is the price band for the Ztech India IPO?
    • The price band for the Ztech India IPO is set between ₹104 to ₹110 per share.
  4. What is the minimum market lot for the Ztech India IPO?
    • The minimum market lot for the Ztech India IPO is 1200 shares.
  5. How much is the application amount for the Ztech India IPO?
    • The application amount for the Ztech India IPO is ₹132,000 for the minimum market lot of 1200 shares.
  6. When will the Ztech India IPO allotment take place?
    • The IPO allotment for Ztech India is scheduled for June 3.
  7. When is the expected listing date for the Ztech India IPO?
    • The expected listing date for the Ztech India IPO is projected to be on June 4.
  8. What is the Grey Market Premium (GMP) for the Ztech India IPO?
    • As of the last update on May 24th, 2024, the last Grey Market Premium (GMP) for the Ztech India IPO stands at ₹30.
  9. What is the estimated listing price for the Ztech India IPO?
    • Considering the price band and Grey Market Premium, the estimated listing price for the Ztech India IPO is ₹140.
  10. What is the expected percentage gain/loss per share for the Ztech India IPO?
    • The expected percentage gain/loss per share for the Ztech India IPO is approximately 27.27%.

IPO Date: 29-31 May

Price: ₹110
Lot Size: 1200 Shares
Allotment Date: 3-June-2024
Listing Date: 4-June-2024
IPO Size: Approx ₹37.30 Crores, 3,391,200 Equity Shares

IPO GMP:- 27.27% or ₹30
Listing Gain 27.27%

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