Ztech India Limited IPO
Ztech India Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹104–₹110 per share. The stock debuted at ₹100. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,32,000.
Ztech India Limited IPO
- IPO Dates
- May 29, 2024 – May 31, 2024
- Price band
- ₹104-110 per equity share
- Minimum Investment
- ₹1,32,000
- Issue size
- ₹37.3 Cr
- Lot size
- 1200
- Allotment Date
- Jun 3, 2024
- Listing
- Jun 5, 2024
- Listing At
- NSE SME
IPO timeline
-
May 29, 2024
Open Date
Completed
-
May 31, 2024
Close Date
Completed
-
Jun 3, 2024
Allotment Date
Completed
-
Jun 5, 2024
Listing Date
Completed
Ztech India Limited IPO Essentials
Ztech India Limited IPO Details
Ztech India Limited IPO is priced at ₹104-110 per share with a total issue size of 37.3 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹104-110 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 3,391,200 shares(aggregating up to ₹37.30 Cr
- Total issue size
- 33,91,200 shares
(aggregating up to ₹37.3 crore) - Fresh issue
- 33,91,200 shares
(aggregating up to ₹37.3 crore) - Listing at
- NSE SME
- List price
- 100.0
- Listing date
- Registrar
- Maashitla Securities Private Limited
- Lead manager
-
Narnolia Financial Services Ltd
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 reservation details show category-wise allocation of shares. Out of the total 3,391,200 shares, approximately 19% are reserved for QIB, 14.26% for NII, 33.26% for retail investors, 5.02% for market maker, and 28.45% for 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 Analytics
Ztech India Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Ztech India Limited IPO Subscription Status
Ztech India Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS Pre IPO
- ₹8.29/-
- EPS Post IPO
- ₹6.09/-
- P/E Pre IPO
- 13.27
- P/E Post IPO
- 18.05
Returns
- ROE
- 34%
- ROCE
- 44.02%
- RoNW
- 34%
- PAT Margin
- 12.00
Fundamentals
- Debt / Equity
- 0.06
- Price / Book
- 4.52
Ztech India Limited Financials( In Lakhs)
| 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 |
Ztech India Limited Company & Offer Insights
About Ztech India Limited
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 are the company's promoters of Ztech India Limited.
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 Information
Contact Details
Ztech India Limited
+ 011-35017243
Plot 140, Khasra, No. 249, Mangla Puri, Gadaipur, South-West Delhi, New Delhi- 110030,
Registrar Contact Details
Maashitla Securities Private Limited
+91-11-45121795-96
Frequently Asked Questions
Click any question to reveal the answer
Ztech India Limited IPO is a book-built IPO worth ₹37.3 crore. The price band is ₹104–₹110 per share. The IPO opens on May 29, 2024 and closes on May 31, 2024. It will be listed on NSE SME Platform. Maashitla Securities Private Limited is the registrar.
The price band of Ztech India Limited IPO is ₹104 to ₹110 per share.
The lot size of Ztech India Limited IPO is 1200 shares.
The minimum investment for Ztech India Limited IPO is approximately ₹1,32,000 based on the upper price band .
Ztech India Limited IPO opens on May 29, 2024 and closes on May 31, 2024.
The allotment date of Ztech India Limited IPO is Jun 3, 2024.
Ztech India Limited IPO is expected to be listed on Jun 5, 2024, on NSE SME Platform.
Ztech India Limited IPO valuation snapshot: P/E 18.05, EPS ₹6.09/-, P/B 4.52, RoNW 34%, and market cap N/A.
To apply for Ztech India Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Ztech India Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Ztech India Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Ztech India Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Ztech India Limited IPO allotment status on IPO Ji for quick and easy access.