The Ztech India IPO started on May 29, 2024, and ended on May 31, 2024. Shares were allocated on June 3, 2024, and refund processes began on June 4, 2024. On June 4, 2024, the shares were credited to investors demat accounts. Ztech India was officially listed on the stock exchange on June 4, 2024.
During the IPO, Ztech India offered shares at a price range of ₹104 to ₹110 per share, and the lot size was 1200 shares. The total issue size was ₹37.30 crores, with ₹37.30 crores from new shares. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
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Ztech India IPO Subscription Status
The Ztech India IPO on May 31, 2024 was subscribed 371.39 times, with the retail category being subscribed 315.59 times, the NII (Non-Institutional Investor) category being subscribed 832.37 times, the QIB (Qualified-Institutional Buyers) category being subscribed 123.10 times.
| Category | Subscription |
| QIB | 123.10x |
| NII | 832.37x |
| Retail | 315.59x |
| Total | 371.39x |
Ztech India IPO Basic Details
| Company Name | Ztech India Limited |
| 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 |
About Ztech India Limited
Founded in November 1994, Z-Tech (India) Limited specializes in designing civil engineering products and offering advanced Geo-Technical Solutions for infrastructure and civil construction projects across India.
The company is also dedicated to waste management, particularly by creating theme parks from recycled scrap materials.
Z-Tech (India) Limited provides innovative, safe, and eco-friendly engineering solutions in three key areas:
- Sustainable Theme Park Development
- Industrial Wastewater Management
- Geotechnical Specialized Solutions
Their 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 (India) Limited employs 72 people across various departments.
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Ztech India IPO FAQs
What is the start and end date of Ztech India IPO Subscription?
The Ztech India IPO started on May 29, 2024, and ended on May 31, 2024.
When does Ztech India IPO Subscription open?
The Ztech India IPO open on May 29, 2024.
When does Ztech India IPO Subscription close?
The Ztech India IPO Close on May 31, 2024.
What is the allotment date of Ztech India IPO?
The allotment date for Ztech India IPO is June 3, 2024.
When is the initial refund date of Ztech India IPO?
The initial Refund date for Ztech India IPO is June 4, 2024.
When were the shares credited to investors demat accounts for the Ztech India IPO?
The shares for the Ztech India IPO were credited to investors demat accounts on June 4, 2024.
When will Ztech India IPO be listed on the stock market?
Ztech India IPO stock market will be listed on June 4, 2024 at 10 am.
What was the price range of the Ztech India IPO shares?
The Ztech India IPO shares were offered at a price range of ₹104 to ₹110 per share.
What was the lot size for the Ztech India IPO shares?
The lot size for the Ztech India IPO shares was 1200 shares.
What was the total issue size of the Ztech India IPO?
The total issue size of the Ztech India IPO was ₹37.30 crores.
How were the shares allocated among different types of investors for the Ztech India IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Ztech India IPO listed?
The Ztech India IPO was listed on the NSE SME.
What is the Ztech India IPO Subscription Status?
Ztech India IPO is subscribed 371.39 Times.
