Ztech India Limited IPO
- IPO Date29 May, 2024 to 31 May, 2024
- Listing Date05 Jun, 2024
- Face Value₹10 per share
- Issue Price₹104 to ₹110 per share
- Lot Size1200 Shares
- Minimum Investment₹1,32,000
- Listing AtNSE SME
- Total Issue Size33,91,200 Shares
(aggregating up to ₹37.30 Cr) - Fresh Issue33,91,200 Shares
(aggregating up to ₹37.30 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue94,06,048
- Shareholding post issue1,27,97,248
IPO Dates
Closing Date
31 May, 2024
Initiation of Refunds
05 Jun, 2024
Listing Date
05 Jun, 2024
29 May, 2024
Opening Date
03 Jun, 2024
Basis of Allotment
05 Jun, 2024
Credit of Shares
Ztech India Limited Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below 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 |
| B-HNI (Min) | - | - | - |
| Retail (Max) | 1 | 1200 | ₹1,32,000 |
| S-HNI (Min) | 2 | 2400 | ₹2,64,000 |
| S-HNI (Max) | - | - | - |
Ztech India Limited Promoter Holding
The promoters of the company are Ms Sanghamitra Borgohain and M/s Terramaya Enterprises Private Limited.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 82.65% | 60.75% |
Ztech India Limited COMPANY INFORMATION
Ztech India IPO is a book built issue of Rs 37.30 crores. The issue is entirely a fresh issue of 33.91 lakh shares. Ztech India IPO bidding started from May 29, 2024 and ended on May 31, 2024. The allotment for Ztech India IPO was finalized on Monday, June 3, 2024. The shares got listed on NSE SME on June 5, 2024. Ztech India IPO price band is set at ₹104 to ₹110 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹132,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹264,000. Narnolia Financial Services Ltd is the book running lead manager of the Ztech India IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Ztech India IPO is Nvs Brokerage. Refer to Ztech India IPO RHP for detailed information.
Incorporated 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 involved in the waste management sector, focusing on creating theme parks using recycled scrap materials.
The company provides innovative, safe, and eco-friendly engineering solutions in three major categories:
- Sustainable Theme Park Development
- Industrial Wastewater Management, and
- Geotechnical Specialized Solutions.
The clientele of the company includes 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 various departments.
FAQs About Ztech India Limited Ipo
Ztech India Limited IPO will open on 29 May, 2024 and close on 31 May, 2024. Investors must apply within this period to participate.
The Ztech India Limited IPO price band is set between ₹104.00 and ₹110.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹132000.00.
The Ztech India Limited IPO shares are expected to be listed on 05 Jun, 2024, subject to regulatory approvals and final allotment.
You can track your Ztech India Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Ztech India Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.