Ztech India Limited IPO
NSE SMEListed On: Jun 5, 2024 at ₹ 100.0
₹ 264000 /2400 Shares
*Min Investment
29 May, 2024
Open Date31 May, 2024
Close Date03 Jun, 2024
Allotment Date05 Jun, 2024
Listing DateZtech India Limited IPO Issue Details
- Issue Price ₹104-110 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 33,91,200 shares(aggregating up to ₹37.3 crore)
- Fresh Share 33,91,200 shares(aggregating up to ₹37.3 crore)
- Listing at NSE SME
- List Price 100.0
- Listing Date 2024-06-05
- Lead Manager Narnolia Financial Services Ltd
- Registrar Maashitla Securities Private Limited
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,32,000 |
| Retail(max) | 1 | 1200 | ₹1,32,000 |
| NII (min) | 2 | 2,400 | ₹2,64,000 |
Ztech India Limited IPO Reservation
Ztech India Limited IPO offers total 3,391,200 shares. Out of which 644,400 (19%) allocated to QIB, 483,600 (14.26%) allocated to NII,1,128,000 (33.26%) allocated to RII, NA (NA%) allocated to employees and 964,800 (28.45%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 964,800 (28.45%) | |
| Market Maker Shares Offered | 170,400 (5.02%) | |
| QIB Shares Offered | 644,400 (19%) | |
| NII (HNI) Shares Offered | 483,600 (14.26%) | |
| Retail Shares Offered | 1,128,000 (33.26%) | |
| Total Shares Offered | 3,391,200 (100%) |
Ztech India Limited IPO Details
Ztech India Limited IPO is an SME IPO, priced at ₹104-110 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 33,91,200 equity shares, aggregating up to ₹37.3 crores..
The IPO bidding window is open from May 29, 2024 to May 31, 2024. The allotment is expected to be finalized on Jun 3, 2024, and the tentative listing date is Jun 5, 2024.
The minimum lot size for Retail investors is 1200 shares, with a minimum investment of ₹1,32,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,64,000.
Narnolia Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Maashitla Securities Private Limited, and Nvs Brokerage Private Limited will act as the market maker for this issue.
Ztech India Limited IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 644,400 / 483,600 | 1,128,000 | 2,256,000 |
Day 1 29-05-24 06:00 PM | 7.76 / 20.39 x | 29.39 x | 21.28 x |
Day 2 30-05-24 06:00 PM | 7.93 / 50.15 x | 80.41 x | 53.22 x |
Day 3 31-05-24 06:00 PM | 123.10 / 832.37 x | 315.59 x | 371.39 x |
Ztech India Limited Valuations
Ztech India Limited Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 4,192.24 | 2,339.62 | 1,925.11 |
| Revenue | 6,737.02 | 2,588.40 | 3,083.89 |
| Profit After Tax | 779.83 | 196.71 | 8.42 |
| Net Worth | 2,191.00 | 998.95 | 802.24 |
| Reserves & Surplus | 1,250.39 | 888.95 | 692.25 |
| Total Borrowing | 130.84 | 71.03 | 71.74 |
About Ztech India Limited Company
Introduced 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 engaged in the waste management sector and develops theme parks using recycled scrap materials.
The company offers innovative, safe, and eco-friendly solutions in three major categories namely: Sustainable Theme Park Development, Industrial Wastewater Management, and Geotechnical Specialized Solutions.
The clients of the company are 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 different departments.
Ztech India Limited - Promoter(s)
Ms Sanghamitra Borgohain
M/s Terramaya Enterprises Private Limited
Pre Issue Share Holding : 82.65%
Post Issue Share Holding : 60.75%
Ztech India Limited IPO - Issue Objectives
To meet out the Working Capital requirements of the Company.
To meet out the General Corporate Purposes
To meet out the Issue Expenses.
Ztech India Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Ztech India Limited | 36.94 | 36.94 | N/A | 26.37 | N/A | N/A | Standalone |
| Ion Exchange (India) Ltd. | 6.64 | 6.64 | N/A | 67.77 | 8.15 | N/A | Standalone |
| Felix Industries Limited | 1.48 | 1.48 | N/A | 229.16 | 2.76 | N/A | Standalone |
| Wonderla Holidays Limited | 26.33 | 26.33 | N/A | 28.89 | 9.48 | N/A | Standalone |
| H.G. Infra Engineering Limited | 27.63 | 27.63 | N/A | 32 | 9.23 | N/A | Standalone |
| Nicco Parks & Resorts Limited | 2.96 | 2.96 | N/A | 46.79 | 20.13 | N/A | Standalone |
| NCC Limited | 3.68 | 3.68 | N/A | 58.53 | 3.61 | N/A | Standalone |
Notes:
- Considering the nature and turnover of business of the Company, the peers are not strictly comparable. However, the same have been included for broader comparison.
- The figures for Ztech India Limited are based on the restated results for the period ended September 30, 2023.
- The figures (except PE) for the peer group are based on standalone audited results for the respective year ended September 30, 2023.
- Current Market Price (CMP) is the closing price of the respective scrip as of May 23, 2024.
Contact Details
Ztech India Limited
Plot 140, Khasra, No. 249, Mangla Puri, Gadaipur, South-West Delhi, New Delhi- 110030,
+ 011-35017243
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Ztech India Limited IPO - FAQs
Ans. Ztech India Limited IPO is a SME IPO. The issue is priced at ₹104-110 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on May 29, 2024, and closes on May 31, 2024. Maashitla Securities Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Ztech India Limited IPO opens on May 29, 2024 and closes on May 31, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Ztech India Limited IPO is 3,391,200 shares(aggregating up to ₹37.30 Cr.
Ans. The Ztech India Limited IPO price band is set between ₹104-110 per equity share.
Ans. To apply for Ztech India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Ztech India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Ztech India Limited IPO is Jun 3, 2024.
Ans. The Ztech India Limited IPO will be listed on Jun 5, 2024.
Ans. Follow the steps to check the Ztech India Limited IPO allotment status online.
