Ztech India IPO Logo

Ztech India IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates May 29 to May 31 2024
Price Band ₹104 - 110
Current GMP ₹100 (-10.0%)
Subscription 371.39 times

IPO Details

IPO Date
May 29, 2024 to May 31, 2024
Listing Date
Tuesday, June 4, 2024
Face Value
₹10 per share
Price Band
₹104 to ₹110 per share
Lot Size
1200 Shares
Total Issue Size
3,391,200 shares (aggregating up to ₹37.30 Cr)
Fresh Issue
3,391,200 shares (aggregating up to ₹37.30 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
9,406,048
Share holding post issue
12,797,248
Market Maker portion
170,400 shares Nvs Brokerage

IPO Subscription Details

Anchor Investors
1
Qualified Institutions
123.10
Non-Institutional Buyers***
832.37
Retail Investors
315.59
Total **
371.39

Day Wise Sub

DayDay 1 May 29, 2024
QIB7.76
NII*20.39
Retail29.39
Total21.28
DayDay 2 May 30, 2024
QIB7.93
NII*50.15
Retail80.41
Total53.22
DayDay 3 May 31, 2024
QIB123.10
NII*832.37
Retail315.59
Total371.39

Day Wise GMP

Date05-06-2024
Price110.00
GMP27 (24.55%)
Estimate List Price137
Date04-06-2024
Price110.00
GMP27 (24.55%)
Estimate List Price137
Date03-06-2024
Price110.00
GMP50 (45.45%)
Estimate List Price160
Date02-06-2024
Price110.00
GMP58 (52.73%)
Estimate List Price168
Date01-06-2024
Price110.00
GMP58 (52.73%)
Estimate List Price168
Date31-05-2024
Price110.00
GMP58 (52.73%)
Estimate List Price168
Date30-05-2024
Price110.00
GMP75 (68.18%)
Estimate List Price185
Date29-05-2024
Price110.00
GMP80 (72.73%)
Estimate List Price190
Date28-05-2024
Price110.00
GMP80 (72.73%)
Estimate List Price190
Date27-05-2024
Price110.00
GMP65 (59.09%)
Estimate List Price175
Date26-05-2024
Price110.00
GMP65 (59.09%)
Estimate List Price175
Date25-05-2024
Price110.00
GMP60 (54.55%)
Estimate List Price170
Date24-05-2024
Price110.00
GMP30 (27.27%)
Estimate List Price140

IPO Important Dates

IPO Open Date
Wednesday, May 29, 2024
IPO Close Date
Friday, May 31, 2024
Basis of Allotment
Monday, June 3, 2024
Initiation of Refunds
Tuesday, June 4, 2024
Credit of Shares to Demat
Tuesday, June 4, 2024
Listing Date
Tuesday, June 4, 2024
Cut-off time for UPI mandate confirmation
5 PM on May 31, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1200
Amount₹132,000
ApplicationRetail (Max)
Lots1
Shares1200
Amount₹132,000
ApplicationHNI (Min)
Lots2
Shares2,400
Amount₹264,000

Financial Information

Period EndedPeriod Ended
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
31 Mar 20244,192.24
31 Mar 20232,339.62
31 Mar 20221,925.11
Period EndedRevenue
31 Mar 20246,737.02
31 Mar 20232,588.40
31 Mar 20223,083.89
Period EndedProfit After Tax
31 Mar 2024779.83
31 Mar 2023196.71
31 Mar 20228.42
Period EndedNet Worth
31 Mar 20242,191.00
31 Mar 2023998.95
31 Mar 2022802.24
Period EndedReserves and Surplus
31 Mar 20241,250.39
31 Mar 2023888.95
31 Mar 2022692.25
Period EndedTotal Borrowing
31 Mar 2024130.84
31 Mar 202371.03
31 Mar 202271.74

Key Performance Indicator

ROE
34%
ROCE
44.02%
Debt/Equity
0.06
RoNW
34%
P/BV
4.52
PAT Margin (%)
12
EPS (Rs)
8.29

IPO Reservation

Anchor Investor Shares Offered
964,800 (28.45%)
Market Maker Shares Offered
170,400 (5.02%)
QIB Shares Offered
644,400 (19.00%)
NII (HNI) Shares Offered
483,600 (14.26%)
Retail Shares Offered
1,128,000 (33.26%)
Total Shares Offered
3,391,200 (100%)

Information about company

Incorporated in November 1994, Z-Tech (India) Limited designs civil engineering products and provides state-of-the-art specialty Geo-Technical Solutions for infrastructure and civil construction projects in India. The company is actively involved in the waste management sector, focusing on creating theme parks using recycled scrap materials. The company provides innovative, safe, and eco-friendly engineering solutions in three major categories: Sustainable Theme Park Development Industrial Wastewater Management, and Geotechnical Specialized Solutions. The clientele of the company includes Bhartia Infra Projects Limited, Dilip Buildcon Limited,GMR Infra Limited, Punj Llyod Limited, NCC Limited, Mep Infrastrastructure Developers Limited, IRCON International Limited, Hindustan Construction Co. Ltd., Madhucon Sugar and Power Industries Limited and GVR Infra Projects Limited. As of May 10, 2024, the company has 72 employees in various departments.

Objectives of IPO

The objects of the Issue are:- To meet out the Working Capital requirements of the Company. To meet out the General Corporate Purposes; and To meet out the Issue Expenses.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App