The Ztech India IPO commenced on May 29, 2024, and concluded on May 31, 2024. The allotment of shares took place on June 3, 2024, and the initiation of refunds began on June 4, 2024. The shares were credited to the demat accounts of investors on June 4, 2024. Finally, the listing of Ztech India on the stock exchange occurred on June 4, 2024.
The Ztech India IPO was priced at ₹104 to ₹110 per share, with a lot size of 1200 shares. The total issue size was ₹37.30 crores, comprising a fresh issue of ₹37.30 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
Ztech India IPO Basic Details
| Company Name | Ztech India Limited |
| Ztech India IPO GMP Today | ₹30 |
| Ztech India IPO Listing Gain | 27.27% |
| Ztech India IPO Open Date | May 29, 2024 |
| Ztech India IPO Close Date | May 31, 2024 |
| Ztech India IPO Allotment Date | June 3, 2024 |
| Ztech India IPO Listing Date | June 4, 2024 |
| Face Value | ₹10 per share |
| Price | ₹104 to ₹110 per share |
| Lot Size | 1200 Shares |
| Issue Size | 3,391,200 shares of ₹10 (aggregating up to ₹37.30 Cr) |
| Fresh Issue | 3,391,200 shares of ₹10 (aggregating up to ₹37.30 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Ms Sanghamitra Borgohain and M/s Terramaya Enterprises Private Limited |
Ztech India IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹30 | 27.27% | – | – |
| 25 May 2024 | ₹30 | 27.27% | – | – |
Z tech India IPO Details:
Founded in November 1994, Z-Tech (India) Limited specializes in designing civil engineering products and offers cutting-edge Geo-Technical Solutions for infrastructure and civil construction projects across India.
Z-Tech is also a key player in the waste management sector, focusing on building theme parks from recycled scrap materials.
The company provides innovative, safe, and eco-friendly engineering solutions in three main areas:
- Sustainable Theme Park Development
- Industrial Wastewater Management
- Specialized Geotechnical Solutions
Z-Tech’s clients include prominent companies such as 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 May 10, 2024, Z-Tech employs 72 people across various departments.
Ztech India IPO More Details Click Here
Ztech India IPO FAQs
When is Ztech India IPO open?
Ztech India IPO will open on 29 May 2024.
When is Ztech India IPO Close?
Ztech India IPO will be closed on 31 May 2024.
What is Ztech India IPO GMP Today?
The Ztech India IPO GMP aka Grey Market Premium is ₹30.
What is Ztech India IPO Kostak Rates Today?
The Ztech India IPO Kostak Rate is ₹000.
What is Ztech India IPO Subject to Sauda Price Today?
The Ztech India IPO subject to sauda rates is ₹000.
Ztech India IPO Expected Returns?
The Ztech India expected return is 27.27%.
How much will be the listing gain in Ztech India IPO?
Ztech India IPO will get listing gain of 27.27%. (Approx.)
