June 5, 2024
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Ztech India IPO GMP Guidance & Subscription Status at Chanakyanipothi.com,
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Ztech India IPO Post Listing Review
The scrip is listed at Rs. 100, discount of 9.09% over the issue price of Rs.110. The listing has been very much below the expectations of the grey market players.
What to do Post listing?
The current Valuation appears to be okay, till the results of the year 2023-24 are announced. If the company can maintain the profitability which it showed in the last financial year, the share is expected to show strong rise.
What is the latest GMP of Ztech India IPO?*
Premium: Rs.27
Min Application Rs.
Subject to Rs.24600
Check Subscription status of Ztech India IPO
On 31 May 2024 @ 5.00 (Day 3) (Closed)
Review: Strong trend in RIIs
QIB: 123.10 T
NII: 832.37 T
RII: 315.59 T
Total: 371.39 T
Application: 296657 (315.59X)
Amount wise Subscription: Rs. 13158.35 Crore
What is the business of Ztech India?
Ztech India was originally designs civil engineering products and services with state-of-the-art specialty in Geo-Technical Specialised Solutions in the field of infrastructure and civil construction projects to India. It includes a range of techniques, methodologies, and technologies aimed at optimizing the performance and stability of structures built on or in the ground. In addition to this, it is actively engaged in the waste management sector, where its focus involves creating theme parks through the utilization of recycled scrap materials. Simultaneously, it is dedicated to implementing innovative waste water management solutions for industrial units, employing the cutting-edge GEIST technology. This dual commitment underscores our holistic approach to sustainable practices, transforming discarded materials into recreational spaces while efficiently managing industrial wastewater through state-of-the-art technology.
The Company is engaged in providing innovative, safe and eco-friendly engineering solutions to its customers.
These solutions include three major categories:
1.Sustainable Theme Park Development
2.Industrial Waste Water Management
3.Geo Technical Specialised Solutions
Get more information about the company @ https://www.z-techindia.com/
| Ztech India IPO Details | |
| IPO opens on | 29 May 2024 |
| IPO closes on | 31 May 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 3391200 Shares / Rs 37.20 Crore |
| * Fresh Issue | 3391200 Shares / Rs 37.20 Crore |
| * Offer for Sale | – Shares / Rs – Crore |
| Market Maker Portion | 170400 Shares |
| Net offer to Public | 3220800 Shares/ Rs.35.43 Crore |
| Face Value per share | Rs. 10 |
| Price Band | Rs.104-110 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 1200 Shares |
| Listing will at | NSE SME |
| Shares offered in Ztech India IPO | ||
| Shares | Rs. (Crore) | |
| QIB (50%) | 1610400 | 17.72 |
| NII (15%) | 483120 | 5.31 |
| RII (35%) | 1127280 | 12.40 |
| Total Shares | 3220800 | 35.43 |
| Retail portion will be oversubscribed by | 939 | |
| Forms | ||
| How much Shares to Apply in Ztech India IPO? | ||
| Min Retail Application | 1200 Shares | Rs. 132000 |
| Min HNI Application | 2400 Shares | Rs.264000 |
Who are the Promoters of Ztech India IPO?
The promoters of the company are Ms Sanghamitra Borgohain and M/s Terramaya Enterprises Private Limited.
What are the Objects of Aimtron Electronics IPO?
The Offer comprises only of a Fresh Issue of Equity shares.
The company intends to utilize the proceeds of the Offer to meet the following objects: –
1.To meet out the Working Capital requirements of the Company.
2.To meet out the General Corporate Purposes; and
3.To meet out the Issue Expenses.
| Ztech India IPO Tentative timetable | |
| IPO opens on | 29 May 2024 |
| IPO Closes on | 31 May 2024 |
| IPO Allotment on | 3 June 2024 |
| Refund Initiation | 4 June 2024 |
| Credit of Shares | 4 June 2024 |
| Listing on | 5 June 2024 |
| Registered Office of the Company Ztech India Limited Plot 140, Khasra No. 249, Mangla Puri, Gadaipur South-West Delhi, New Delhi- 110030, |
| Who is the Lead Manager of Ztech India IPO? Narnolia Financial Services Ltd |
| Who is the Registrar to IPO? Maashitla Securities Private Limited |
| Ztech India IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs.in Cr | Rs.in Crore | Rs. | % | |
| 2021-22 | 30.84 | 0.08 | 0.11 | 1.01 |
| 2022-23 | 25.88 | 1.97 | 2.25 | 17.44 |
| 2023-24 | 67.37 | 7.80 | 8.64 | 34.18 |
| Book Value of the Share on (reworked after Bonus) | 31.03.2024 | Rs 24.32 | ||
| BV of the Share at cap price | after the IPO | Rs. | ||
| Offer Price/upper band | Rs. 110 | |||
| Ztech India IPO Key Performance indicators |
|
| Price/last EPS of 22-23 | 12.73 |
| Price/BV Ratio | 20.85 |
| Upper price/BV after IPO | – |
How Ztech India IPO compares with the Peers?
| As per RHP | FV | Total Income | PE Ratio |
| Rs. | In Cr. | @ | |
# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.
Ztech India IPO To the point Guidance
Ztech India was originally designs civil engineering products and services with state-of-the-art specialty in Geo-Technical Specialized Solutions in the field of infrastructure and civil construction projects to India. The company has following different lines of business
1.Sustainable Theme Park Development
2.Industrial Wastewater Management
3.Geo Technical Specialised Solutions
Size: The net offer is of Rs. 35.43 Crore/3220800 shares. Retail portion is Rs. 12.40 crore and it can get one time subscribed with 939 applications. The size of the IPO is large. However, looking to the investor frenzy at present, one time over subscription may not be an issue.
Financial Snapshot: SThe company has shown sharp rise in the profits in comparison to its topline, during last 3 years. In the year 2021-22, it earned net profit of Rs. 8 lacs on total income of Rs.30.84 crore, whereas during 2023-24, it earned net profit of Rs.8.64 crore on the total income of Rs. 67.37 crore. Such rise in the bottom line raises eyebrows. Considering different business lines, the comparison with Peers appears inappropriate. Not so attractive.
Quicklinks
Ztech India IPO GMP today details?
Ztech India IPO
Ztech India IPO FAQs
What is Ztech India IPO?
Ztech India is a SME IPO of 5404800 equity shares of the face value of Rs. 10 aggregating up to Rs.87.02 Crores. The issue is priced at Rs.153-161 per share. The minimum order quantity is 800 Shares.
When will Ztech India IPO open?
Ztech India IPO opens on May 30, 2024, and closes on June 6, 2024.
What is the lot size of Ztech India IPO?
Ztech India IPO lot size is 800 Shares, and the minimum amount required is Rs.128800.
How to apply for Ztech India IPO?
You can apply in Ztech India IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
When is Ztech India IPO allotment?
The finalization of Basis of Allotment for Ztech India IPO will be done on 4 June, 2024, and the allotted shares will be credited to your demat account by June 5, 2024.
When is Ztech India IPO listing date?
Ztech India IPO listing date is June 6, 2024.
