Last updated on June 5, 2024
Z-Tech India IPO description – Z-Tech India specializes in designing advanced civil engineering products and services, with a cutting-edge focus on Geo-Technical Specialized Solutions for infrastructure and civil construction projects across India. Their expertise encompasses a range of techniques, methodologies, and technologies aimed at enhancing the performance and stability of structures built on or in the ground. Additionally, the company is actively engaged in the waste management sector, particularly in creating theme parks from recycled scrap materials.
The company is dedicated to offering its customers innovative, safe, and eco-friendly engineering solutions. These solutions encompass three major categories:
- Sustainable Theme Park Development
- Industrial Waste Water Management
- Geo Technical Specialised Solutions
The company’s clientele includes 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. As of 10 May 2024, the company employs 72 people across various departments.
Promoters of Z-Tech India – Ms. Sanghamitra Borgohain, and M/S Terramaya Enterprises Private Limited
Table of Contents
Z-Tech India IPO Details
| Z-Tech India IPO Dates | 29 – 31 May 2024 |
| Z-Tech India Issue Price | INR 104 – 110 per share |
| Fresh issue | 33,91,200 shares (INR 35.27 – 37.30 crore) |
| Offer For Sale | NIL |
| Total IPO size | 33,91,200 shares (INR 35.27 – 37.30 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 1,32,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE SME |
Z-Tech India Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 23.48 | 30.64 | 25.73 | 67.32 |
| Expenses | 23.01 | 30.68 | 23.21 | 56.87 |
| Net income | 0.70 | 0.07 | 1.96 | 7.79 |
Z-Tech India Offer News
- Z-Tech India RHP
- Z-Tech India Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2024
Z-Tech India Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.68 | 0.11 | 2.25 | 8.64 |
| PE ratio | – | – | – | 12.04 – 12.73 |
| RONW (%) | 6.42 | 1.01 | 17.44 | 34.18 |
| NAV | 84.31 | 85.17 | 103.17 | 24.32 |
| ROCE (%) | 11.10 | 1.79 | 25.30 | 45.73 |
| EBITDA (%) | 2.99 | 1.03 | 11.73 | 17.00 |
| Debt/Equity | 0.13 | 0.13 | 0.10 | 0.06 |
Z-Tech India IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 4 June 2024 | 55 | – | 62,500 |
| 3 June 2024 | 63 | – | 68,500 |
| 31 May 2024 | 75 | – | 70,000 |
| 30 May 2024 | 77 | – | 72,800 |
| 29 May 2024 | 62 | – | 57,500 |
| 28 May 2024 | 60 | – | 57,500 |
| 27 May 2024 | 50 | – | 43,700 |
| 25 May 2024 | 25 | – | 21,000 |
Z-Tech India IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 6,44,400 | 4,83,600 | 11,28,000 | 22,56,000 |
| 31 May 2024 | 123.10 | 832.72 | 315.59 | 371.46 |
| 30 May 2024 | 7.93 | 50.29 | 79.10 | 52.59 |
| 29 May 2024 | 7.76 | 20.16 | 28.58 | 20.83 |
The market maker reservation portion of 1,70,400 shares is not included in the above calculations.
Z-Tech India IPO Allotment Status
Z-Tech India IPO allotment status is now available on the Maashitla Securities website. Click on Maashitla Securities IPO weblink to get allotment status.
Z-Tech India IPO Dates & Listing Performance
| IPO Opening Date | 29 May 2024 |
| IPO Closing Date | 31 May 2024 |
| Finalization of Basis of Allotment | 3 June 2024 |
| Initiation of refunds | 4 June 2024 |
| Transfer of shares to demat accounts | 4 June 2024 |
| IPO Listing Date | 5 June 2024 |
| Opening Price on NSE SME | INR 100 per share (down 9.09%) |
| Closing Price on NSE SME | INR 105 per share (down 4.55%) |
Z-Tech India Offer Lead Manager
NARNOLIA FINANCIAL SERVICES LIMITED
201, 2nd Floor, Marble Arch, 236 B A.J.C Bose Road,
Kolkata, West Bengal- 700020, India
Phone: +91-8130678743
Email:Â [email protected]
Website:Â www.narnolia.com
Z-Tech India Offer Registrar
MAASHITLA SECURITIES PRIVATE LIMITED
451, Krishna Apra Business Square,
Netaji Subhash Place, Pitampura, Delhi – 110034
Phone:Â 011-45121795
Email:Â [email protected]
Website:Â www.maashitla.com
Z-Tech India Issue Contact Details
Z-TECH (INDIA) LIMITED
Plot 140, Khasra No. 249, Mangla Puri,
Gadaipur, South-West Delhi, New Delhi- 110030
Phone: 011-35017243
E-mail: [email protected]
Website: www.ztech-india.com
IPO FAQs
What is the Z-Tech India offer size?
Z-Tech India offer size is INR 35.27 – 37.30 crores.
What is the Z-Tech India offer price band?
Z-Tech India public offer price is INR 104 – 110 per share.
What is the lot size of the Z-Tech India IPO?
Z-Tech India offer a lot size is 1,200 shares.
What is Z-Tech India IPO GMP today?
Z-Tech India IPO GMP today is INR 55 per share.
What is the Z-Tech India kostak rate today?
Z-Tech India kostak rate today is INR NA per application.
What is Z-Tech India Subject to the Sauda rate today?
Z-Tech India is Subject to the Sauda rate today is INR 62,500 per application.
