The Ztech India Limited date has been confirmed from May 29, 2024 – May 31, 2024. Read the post to learn about Ztech India Limited IPO GMP.
Ztech India IPO is a book built issue of Rs 37.30 crores. The issue is entirely a fresh issue of 33.91 lakh shares. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹264,000.
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Key Details Of Ztech India Limited IPO
Bidding Dates
May 29- 31
Price Range
₹104 to ₹110 per share
Face Value
₹10 per share
GMP
₹27
Ztech India Limited IPO GMP
The Ztech India Limited IPO GMP is ₹27.
IPO Overview
Ztech India IPO opens for subscription on May 29, 2024 and closes on May 31, 2024. The allotment for the Ztech India IPO is expected to be finalized on Monday, June 3, 2024. Ztech India IPO will list on NSE SME with tentative listing date fixed as Tuesday, June 4, 2024. Ztech India IPO price band is set at ₹104 to ₹110 per share.
Ztech India Limited IPO Details
| IPO Date | May 29, 2024 to May 31, 2024 |
| Listing Date | [.] |
| 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 |
Ztech India Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 4,192.24 | 2,339.62 | 1,925.11 | 1,973.14 |
| Revenue | 6,737.02 | 2,588.40 | 3,083.89 | 2,395.67 |
| Profit After Tax | 779.83 | 196.71 | 8.42 | 64.62 |
| Net Worth | 2,191.00 | 998.95 | 802.24 | 793.82 |
| Reserves and Surplus | 1,250.39 | 888.95 | 692.25 | 683.82 |
| Total Borrowing | 130.84 | 71.03 | 71.74 | 93.75 |
| Amount in ₹ Lakhs | ||||
Ztech India Limited IPO Timeline
| 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 |
Company Profile
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. Our organization is driven by fundamental values that shape our culture of collective achievement for everyone involved, including individuals, investors, clients, and the community, to promote growth and excellence in all our ventures.
This sector provides engineering solutions for soil and rock
mechanics challenges. Geotechnical engineering solutions help manage the behavior of soil and rock materials for infrastructure projects.
Registrar Info
| Name | Maashitla Securities Private Limited |
| Phone number | +91-11-45121795-96 |
| Email ID | [email protected] |
| Website | maashitla.com |
Contact Details
| Name | Ztech India Limited |
| Phone number | + 011-35017243 |
| Email ID | [email protected] |
| Website | z-techindia.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Ztech India Limited IPO FAQs
When Ztech India IPO will open?
The Ztech India IPO opens on May 29, 2024 and closes on May 31, 2024.
What is the lot size of Ztech India IPO?
Ztech India IPO lot size is 1200 Shares, and the minimum amount required is ₹132,000.
When is Ztech India IPO listing date?
The Ztech India IPO listing date is not yet announced. The tentative date of Ztech India IPO listing is Tuesday, June 4, 2024.
