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ZTech India IPO – GMP, Details & Review

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ZTech India Limited who designs civil engineering products and services with state‐of‐the‐art specialty in Geo‐Technical Specialised Solutions are raising ₹37.30 crores approximately through Initial Public Offerings (IPO). The IPO will be open from 29th May, 2024 and will close on 31st May, 2024. The IPO Price band is set to ₹110 and a retail investor can do minimum investment of ₹132,000 for a single lot of 1200 shares.

In the field of infrastructure and civil construction projects, company provides a range of techniques, methodologies, and technologies aimed at optimizing the performance and stability of structures built on or in the ground. They are dedicated to implementing innovative waste water management solutions for industrial units, employing the cutting-edge GEIST technology.

Company is also engaged in providing innovative solutions which includes three major categories: Sustainable Theme Park Development, Industrial Waste Water Management and Geo Technical Specialized Solutions.

Sustainable Theme Park Development includes but not limited to creating beautification artwork and infrastructure, landscape designing, sourcing and execution of waste materials and transforming them into meaningful and attractive show pieces. Industrial Waste Water Management involves the systematic treatment and responsible handling of wastewater generated by industrial processes. Geo Technical Specialised Solutions includes but not limited to reinforcement of soil walls and slopes, slope stabilization, retaining structures, ground improvement, riverside erosion control, coastal protection and similar activities.

ZTech India IPO Important Dates And Prices

IPO Opening DateMay 29, 2024
IPO Closing DateMay 31, 2024
IPO Allotment DateJune 03, 2024
Date of Refund InitiationJune 04, 2024
Single Price₹110
Total Shares1200/Lot
Minimum Investment₹132,000
IPO ListingJune 05, 2024
Listing OnNSE SME

ZTech India IPO Other Important Details

IPO Issue Size₹37.30 Crores
IPO Face Value₹10/Share
IPO Retail Percentage35%
IPO QIB Percentage50%
NII Percentage15%
Retail Min. Investment (1 Lot)₹132,000 (1200 Shares)
Retail Max. Investment (1 Lot)₹132,000 (1200 Shares)
HNI Min. Investment (2 Lots)₹264,000 (2400 Shares)
IPO Mandate Last Date31 May, 2024 (Till 5 PM)
IPO RegistrarMaashitla Securities Private Limited

ZTech India IPO GMP (Grey Market Premium)

Day By Day analysis of ZTech India Limited IPO GMP. IPO Grey Market Premium can increase or decrease depending upon the buyer interests.

DateGMP
As On 24-05-2024₹25
As On 25-05-2024₹30
As On 27-05-2024₹65
As On 29-05-2024₹65
As On 31-05-2024₹60
As On 01-06-2024₹60
As On 03-06-2024₹58

ZTech India Limited Promoters

  • Ms. Sanghamitra Borgohain (Managing Director)
  • M/s Terramaya Enterprises Private Limited

Shareholding Pattern or Promoter Holding in ZTech India IPO

Equity ShareholdingNo. of SharesPercentage of Shares
Pre Issue94,06,04882.65%
Post Issue1,27,97,24860.75%

ZTech India Limited Qualities & Strength

  • Use of Sustainable Business Model.
  • Company is engaged in providing innovative, safe and eco-friendly engineering solutions.
  • Company has Strong, diverse, and dedicated leadership and delivery team.
  • Company is also engaged in the waste management sector, in which their focus involves creating theme parks through the utilization of recycled scrap materials.
IncorporationRegistered OfficeWebsiteIPO Doc
November 09, 1994Plot 140, Khasra No. 249, Mangla Puri,
Gadaipur, South-West Delhi,
New Delhi- 110030, India
www.z-techindia.comRHP PDF

Objectives of the ZTech India IPO Issue

ZTech India Limited Company is going to use the funds in:

  • Working Capital Requirement – Company proposes to utilize Rs. 2,375.77 Lakhs towards funding its working capital requirements. This will fulfill their incremental business requirements, funding growth opportunities and for other strategic, business, and corporate purposes.
  • General corporate purposes
  • Issue Expenses

In addition, company is expecting that listing will enhance their corporate image, brand name and create a public market for its Equity Shares in India.

Read More: Latest IPO GMP Today


ZTech India IPO Review (May Apply)

FinancialsMarch 31st, 2024March 31st, 2023March 31st, 2022March 31st, 2021
EBITDA (₹ in Lakhs)1120.99301.7731.4470.29
PAT (₹ in Lakhs)779.83195.507.4269.54
EBITDA Margin (%)17%11.73 %1.03 %2.99 %
NAV (in ₹)24.32103.1785.1784.31
RONW (%)34.18%17.44 %1.01 %6.42 %
ROCE (%)45.73%25.30%1.79%11.10%
EPS (in ₹)8.622.240.100.73
  • ZTech India Limited company has an EBITDA increased from 301 to 1121 in the last financial year which is nearly 4 times.
  • EBITDA Margin % Increased From 11.73 to 17% also in the last year.
  • ROCE % increased to 45.73% from 25.30%.
  • RONW % is also doubled in the last financial year from 17.44 to 34.18% which is a good sign.
  • Company is performing well according to last year stats.

After thorough review of ZTech India Limited Company Financial Stats of Previous Years, Our Review for this IPO is you can Apply For this IPO even on the very 1st opening date. Check ZTech India Limited IPO Grey Market Premium also before applying for this IPO.


FAQ’s Related to ZTech India IPO

  1. From Which Date ZTech India IPO will open?

    ZTech India IPO will open from Wednesday, 29 May, 2024.

  2. When is ZTech India IPO going to List?

    ZTech SME IPO is listing on Wednesday, June 05, 2024 at NSE (National Stock Exchange).

  3. What is the total issue size of ZTech India Limited IPO?

    ZTech India Limited IPO total issue size is approximately ₹37.30 Crores (3,391,200 Equity Shares)

  4. What is the percentage of Shares offered to Retail Investors in ZTech India IPO?

    In ZTech India IPO, Retail Investors are offered 35% of Total Shares, QIB Investors are offered 50% and Remaining 15% is for NII Investors.

  5. When is the ZTech India Limited Company Incorporated?

    ZTech India Limited Company incorporated in November 09, 1994 as Z-Tech (India) Private Limited. On November 20, 2023, Company change from “Private Limited” to “Limited” Company.

  6. What is the Lot Size of ZTech India IPO and Maximum Lot Retail Investor Can Apply?

    ZTech India Limited IPO Lot Size is 1200 Shares and Retail Investor can apply for maximum 1 Lot Only.


How You Can Apply For ZTech India IPO?

  • Before submitting an application for the ZTech India Limited SME IPO, you must first open a DEMAT account.
  • You can open a DEMAT account online on your smartphone with apps like Groww, Paytm Money, Angel One, Upstox, Zerodha, and Upstox.
  • After creating your DEMAT account, launch the app and navigate to the IPO section.
  • Click Apply after selecting the ZTech India IPO to submit your request for the Mandate.
  • Enter the number of shares or lot size you are interested in applying for, depending on which option is displayed in your app.
  • Next, select your desired bid amount and submit an application for that initial public offering. It is recommended that you apply at the cutoff price.
  • Click “Continue” after that. There you will see a new screen asking for your UPI ID to be added. Insert UPI ID.
  • After selecting to apply for an IPO, you will shortly receive a mandate request on your UPI platform. It could occasionally take up to an hour as well. So just wait, and don’t worry.
  • After receiving a mandate, click Accept Mandate in the UPI App. Next, enter the mandate amount and your UPI Pin before hitting the Enter key.
  • On Successful approval of the mandate, the Bank will hold onto the IPO Amount until the day that refunds start.
  • If you are given ZTech India IPO shares on Wednesday, June 05, 2024, the IPO Allotment Day, your funds will be permanently deducted from your bank account.

Are you planning to apply for the ZTech India IPO? Please feel free to express your opinions in the space provided for comments below! Other users can also gain from your comments. Keep Reading & Keep Investing !!

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