Ztech India Limited IPO Date, Allotment, Review

Ztech India Limited IPO all key points

The Ztech India Limited IPO, valued at ₹37.30 crores, is a book-built issue comprising entirely of a fresh issue of 33.91 lakh shares.

The subscription window for the Ztech India IPO opens on May 29, 2024, and closes on May 31, 2024. The allotment is anticipated to be finalized by Monday, June 3, 2024, with the shares expected to be listed on the NSE SME on Tuesday, June 4, 2024.

The price band for the Ztech India IPO is set between ₹104 and ₹110 per share. Retail investors can apply for a minimum lot size of 1200 shares, requiring an investment of at least ₹132,000. For High Net-worth Individuals (HNIs), the minimum investment is 2 lots (2,400 shares) amounting to ₹264,000.

Ztech India Limited IPO Details

Open DateMay 29, 2024
Close DateMay 31, 2024
Listing DateJune 4, 2024
IPO Size 33.91 Lakh equity shares aggregating up to ₹37.30 Cr.
Fresh Issue33,91,200 Shares Aggregating up to ₹37.30 Cr
Face Value₹10 per share
IPO Price Band₹104 and ₹110 per share
IPO Listing onNSE SME
Lot Size1200 Shares
OFSNill
Share Offered to Retail35% of the total issue share
Share Offered to QBI50% of the total issue share
Share Offered to HNI15% of the total issue share

Ztech India Limited IPO Date

IPO Open DateMay 29, 2024
IPO Close DateMay 31, 2024
Basis of AllotmentJune 3, 2024
Initiation of RefundsJune 4, 2024
The credit of SharesJune 4, 2024
Listing DateJune 4, 2024

Ztech India Limited IPO GMP

The Grey Market Premium (GMP) for theZtech India Limited SME IPO has started. We’ll be updating you daily on the GMP and more. Keep watching for the latest on the Ztech India Limited IPO’s GMP and expected listing price. See IPO GMP Live >>

Ztech India Limited IPO Subscription Status

To view the live subscription status of the Ztech India Limited IPO, please visit our IPO Subscription Status Live section in the menu or click the provided link. The subscription window for the Ztech India IPO opens on May 29, 2024.

Ztech India Limited IPO Allotment Status

To check the allotment status for the Ztech India Limited IPO, follow these steps:

  1. Click on the provided link for Maashitla Securities Pvt. Limited.
  2. Choose the IPO Name.
  3. Enter either your Application Number, PAN Number, or Demat.
  4. After providing the required information, click submit to view the allotment status of the IPO. Ensure to perform this process around the expected date of June 3, 2024.

Know About Ztech India Limited

  • Ztech India Limited: Established in November 1994, Ztech (India) Limited specializes in designing civil engineering products and offering advanced speciality Geo-Technical Solutions for infrastructure and civil construction projects across India.
  • Innovative Focus: The company is actively engaged in the waste management sector, with a distinctive emphasis on creating theme parks utilizing recycled scrap materials.
  • Three Key Offerings:
    • Sustainable Theme Park Development: Ztech specializes in developing sustainable theme parks, aligning with eco-friendly practices and utilizing recycled construction materials.
    • Industrial Wastewater Management: Providing cutting-edge solutions for managing industrial wastewater, ensuring efficient and environmentally friendly practices.
    • Geotechnical Specialized Solutions: Ztech offers specialized solutions in geotechnical engineering, addressing complex challenges in civil construction projects.
  • Clientele: Ztech’s esteemed clientele includes prominent names such as Bhartia Infra Projects Limited, Dilip Buildcon Limited, GMR Infra Limited, Punj Lloyd Limited, NCC Limited, Mep Infrastructure Developers Limited, IRCON International Limited, Hindustan Construction Co. Ltd., Madhucon Sugar and Power Industries Limited, and GVR Infra Projects Limited.
  • Employee Strength: As of May 10, 2024, Ztech India Limited boasts a dedicated team of 72 employees, contributing expertise across various departments to deliver exceptional engineering solutions.

For Know more please see – Ztech India Limited IPO RHP

Objects of the Issue IPO

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

Ztech India Limited Promoters Holding

  • Promoters: The driving force behind Ztech India Limited comprises Ms Sanghamitra Borgohain and M/s Terramaya Enterprises Private Limited.
  • Pre-Issue Share Holding: Before the issue, the promoters collectively hold 82.65% of the company’s shares.
  • Post-Issue Share Holding: Following the issue, the promoters’ shareholding decreases to 60.75% of the total shares.

Ztech India Limited Financial Report (Restated)

ParticularsFor the Period / Year ended on (₹ in Lakh)
March 31, 2024March 31, 2023March 31, 2022March 31, 2021
Liabilities4,192.242,339.621,925.111,973.14
Assets4,192.242,339.621,925.111,973.14
Revenue6,737.022,588.403,083.892,395.67
PAT (Profit After Tax)781.80197.969.4759.50
Net Worth2287.231,134.79936.83927.36

KPI of Ztech India Limited

ParticularsMarch 31st, 2024March 31st, 2023March 31st, 2022March 31st, 2021
Revenue from Operations (in crore)6731.822572.503063.922266.52
Growth in Revenue from Operations (%)162%(16.04)%35.18%(19.12)%
EBITDA (in crore)1120.99318.0552.27103.19
EBITDA (%) Margin17%12.36%1.71%4.55%
EBITDA Growth Period on Period (%)35%624.71%(62.53)%(2.52)%
ROCE (%)44.02%21.84%1.68%8.12%
Current Ratio1.871.781.831.87
Operating Cash Flow (in crore)12.199.06168.89(135.75)
Profit After Tax (PAT) (in crore)781.80197.979.4759.50
ROE/ RoNW (%)34%17.44%1.01%6.42%
Earnings Per Share (EPS)8.642.250.110.68

Peer Group Of Ztech India Limited

#Name of the CompanyFace Value (Per Share)CMP**EPSP/E Ratio***RoNW (%)PAT
1Ztech India Limited1036.9426.37%406.37
2Ion Exchange (India) Limited10541.956.6467.778.15%8,174.00
3Felix Industries Limited10388.451.48229.162.76%97.40
4Wonderla Holidays Limited10880.9526.3328.899.48%9,799.50
5H.G. Infra Engineering Limited101509.5027.6332.009.23%18,004.80
6Nicco Parks & Resorts Limited10143.102.9646.7920.13%1,386.38
7NCC Limited102613.003.6858.533.61%23,130.00

Ztech India Limited IPO Registrar

Maashitla Securities Private Limited

  • Address: 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi – 110034, India
  • Telephone: 011-45121795
  • Email: ipo@maashitla.com
  • Website: www.maashitla.com
  • Contact Person: Mr. Mukul Agrawal
  • SEBI Registration Number: INR000004370
  • CIN: U67100DL2010PTC20872

Ztech India IPO Book Running Lead Manager

Narnolia Financial Services Limited

  • Address: 201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road, Kolkata, West Bengal- 700020, India
  • Telephone: +91-8130678743
  • Email: pankaj.passi@narnolia.com
  • Website: www.narnolia.com
  • Contact Person: Mr. Pankaj Pasi
  • SEBI Registration Number: INM000010791
  • CIN: U51909WB1995PLC072876

Ztech India Limited Contact

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/

Ztech India Limited IPO Application Form PDF

To download the Ztech India Limited IPO application form check on Application Form Download ASBA IPO Forms PDF.

Review Of Ztech India IPO

*Update Soon

FAQs Of Ztech India IPO

What is the IPO size of Ztech India Limited?

The IPO size of Ztech India Limited consists of 33.91 lakh equity shares aggregating up to ₹37.30 crore.

What is the price band for the Ztech India Limited IPO?

The price band for the Ztech India Limited IPO is set between ₹104 and ₹110 per share.

When does the subscription window for Ztech India Limited IPO open and close?

The subscription window for the Ztech India Limited IPO opens on May 29, 2024, and closes on May 31, 2024.

What is the anticipated listing date for Ztech India Limited’s IPO?

The shares of Ztech India Limited are expected to be listed on the NSE SME on Tuesday, June 4, 2024.

How can I check the allotment status of Ztech India Limited IPO?

You can check the allotment status for the Ztech India Limited IPO by visiting the website of Maashitla Securities Private Limited and entering your Application Number, PAN Number, or Demat details.

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