Z-Tech (India) Ltd IPO — GMP, Details & Subscription

IPO Details

Open Date

29 May 2024

Close Date

31 May 2024

Allotment

03 Jun 2024

Listing Date

05 Jun 2024

Exchange

NSE SME

Price Band

₹110

Listing Price

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Allotment Status

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Price Band

₹110

Per share

Face Value

₹10 per share

Lot Size

1,200 Shares

per lot

Issue Size

33,91,200 shares (aggregating up to ₹37.30 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹132,000

1 lot

Pre-IPO Holding

94,06,048 shares

Promoters

Post-IPO Holding

1,27,97,248 shares

Promoters

P/E (Pre)

13.27x

P/E (Post)

18.05x

EPS (Pre)

₹8.29

EPS (Post)

₹6.09

UPI Deadline

2024-05-31

Mandate

Anchor AllotmentTue, 28 May 2024

Basis of AllotmentMon, 03 Jun 2024

Refund InitiationWed, 05 Jun 2024

Demat CreditWed, 05 Jun 2024

Listing DayWed, 05 Jun 2024

UPI Mandate Deadline2024-05-31

Sale TypeFresh Capital

Net Offer to Public32,20,800 shares (aggregating up to ₹35.43 Cr)

Market Maker Quota1,70,400 shares (aggregating up to ₹1.87 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Z-Tech (India) Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 31 May 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	170,400	—	₹1.87
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,391,200	100%	₹37.30

IPO Shares Offered

Z-Tech (India) Ltd IPO total issue size: ₹37.30 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	170,400	₹1.87	5.02%
Total	3,391,200	₹37.30	100.00%

* Based on upper price band ₹110 per share

Lot Size & Investment

Lot Size

1,200

Shares per Lot

Issue Price

₹110.00

Upper Band

Min Investment

₹132,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	2,400	₹264,000
Retail (Max — 13 Lots)	13	15,600	₹1,716,000
S-HNI (Min — 14 Lots)	14	16,800	₹1,848,000
B-HNI (Min — 68 Lots)	68	81,600	₹8,976,000

* Issue Price ₹110 × Lot Size 1,200 shares

IPO Schedule

Anchor

28 May 2024

✓ Done

IPO Open

29 May 2024

✓ Done

IPO Close

31 May 2024

✓ Done

Allotment

03 Jun 2024

✓ Done

Refunds

05 Jun 2024

✓ Done

Demat Credit

05 Jun 2024

✓ Done

Listing Day

05 Jun 2024

✓ Done

₹110.00

INR · NSE

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Issue ₹110.00 Live Price

About Z-Tech (India) Ltd

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 DevelopmentIndustrial Wastewater Management, andGeotechnical 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.

Objects of the Issue

To meet out the Working Capital requirements of the Company.

To meet out the General Corporate Purposes; and

To meet out the Issue Expenses.

Z-Tech (India) Ltd Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹3,083.9

31 Mar 2022

₹2,588.4

31 Mar 2023

₹6,737.0

31 Mar 2024

Profit After Tax (PAT)

₹8.4

31 Mar 2022

₹196.7

31 Mar 2023

₹779.8

31 Mar 2024

Particulars	31 Mar 2024	31 Mar 2023	31 Mar 2022
Revenue from Operations	6737.02	2588.40	3083.89
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	779.83	196.71	8.42
Net Worth	2191.00	998.95	802.24
Total Assets	4192.24	2339.62	1925.11
Reserves & Surplus	1250.39	888.95	692.25
Borrowings	130.84	71.03	71.74
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	12.00%	—	—

P/BV Ratio

4.52

RoE

34%

RoCE

44.02%

RoNW

34%

PAT Margin

12.00%

Debt/Equity

0.06

Issue Structure & Shareholding

Total Shares Offered33,91,200 (100.00%)

Net Offer to Public32,20,800 shares (aggregating up to ₹35.43 Cr)

Reserved for Market Maker1,70,400 shares (aggregating up to ₹1.87 Cr)

Pre-Issue Promoter Holding94,06,048 shares

Post-Issue Promoter Holding1,27,97,248 shares

P/BV Ratio4.52

RoE34%

RoCE44.02%

Debt / Equity0.06

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Maashitla Securities Pvt.Ltd

+91-11-45121795-96

investor.ipo@maashitla.com

https://maashitla.com/allotment-status/public-issues

Check Allotment

Book Running Lead Managers

Narnolia Financial Services Ltd

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Z-Tech (India) Ltd IPO subscribed? ▲

Z-Tech (India) Ltd IPO is subscribed 1.00 times by May 31, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Z-Tech (India) Ltd IPO retail subscription status? ▼

The Z-Tech (India) Ltd IPO retail category is subscribed 1.00 times as of 31 May 2024. The retail portion is oversubscribed.

How to subscribe Z-Tech (India) Ltd IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 29 May 2024 and closes 31 May 2024. Min investment: ₹132,000 (1 lot = 1,200 shares). UPI mandate: 2024-05-31.

How many times Z-Tech (India) Ltd IPO subscribed? ▼

The Z-Tech (India) Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Z-Tech (India) Ltd IPO allotment? ▼

Check allotment on the registrar website (Maashitla Securities Pvt.Ltd) at https://maashitla.com/allotment-status/public-issues. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Jun 2024. Refunds: on 05 Jun 2024.

When Z-Tech (India) Ltd IPO will be listed? ▼

The Z-Tech (India) Ltd IPO listing date is 05 Jun 2024, Wednesday. Listed on: NSE SME. Issue price: ₹110. Estimated listing: ₹110. GMP: NIL.

When Z-Tech (India) Ltd IPO close? ▼

The Z-Tech (India) Ltd IPO closes on 31 May 2024, Friday. UPI mandate: 2024-05-31. Allotment: 03 Jun 2024. Listing: 05 Jun 2024.

Quick Actions

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Live Price LIVE

Last Price₹110.00

Change—

Issue Price₹110.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹110

Face Value₹10

Lot Size1,200 Sh

Min. Amount₹132,000

GMPNIL

Est. Listing₹110

Subscribed1.00x

Open Date29 May 2024

Close Date31 May 2024

Allotment03 Jun 2024

Listing Date05 Jun 2024

ExchangeNSE SME

UPI Deadline2024-05-31