Ztech India Limited
Book Built Issue IPO · NSE
- Price band
- ₹104 - ₹110
- Lot size
- 1,200 shares
- Issue amount
- ₹37.3 cr
- Total subscription
- 371.46×
- Opens
- 29 May 2024
- Closes
- 31 May 2024
- Allotment
- 3 Jun 2024
- Listing
- 5 Jun 2024
Offer at a glance
Issue overview
- Issue size
- 33,91,200 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,24,800
- Fresh issue
- ₹37.3 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,32,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 94,06,048
- Shares after issue
- 1,27,97,248
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,200 | ₹1,32,000 |
| HNI | 2 | 2,400 | ₹2,64,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 7.09 | 872.59 |
| RETAIL | 12.41 | 3,915.86 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 8.62 | 17.88 | 0.77 |
| ROE | 34 | 17.44 | 1.01 |
| ROCE | 44.02 | 21.84 | 1.68 |
| RONW | 34 | 17.44 | 1.01 |
| PRE IPO(PE) | 4.52 | 0 | 0 |
| POST IPO(PE) | 13.27 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Z-Tech (India) Limited, established in November 1994, specializes in designing civil engineering products and providing advanced geo-technical solutions for infrastructure and construction projects across India. The company is also active in waste management, converting recycled scrap materials into creative theme parks. Z-Tech works mainly in sustainable theme park development, industrial wastewater management, and specialized geotechnical solutions. Serving clients like Bhartia Infra Projects, Dilip Buildcon, GMR Infra, and Hindustan Construction Co., the company has earned a strong reputation for delivering innovative, safe, and eco-friendly engineering solutions. As of May 10, 2024, it has 72 employees.
Strengths
- Sustainable Business Model: Z-Tech (India) Limited builds eco-friendly engineering solutions and theme parks using recycled materials, helping the environment while creating long-term business value.
- Eco-Friendly Practices: The company focuses on green solutions like wastewater management and geotechnical projects, reducing pollution and supporting a cleaner planet.
- Strong Customer Relationships: Z-Tech values its customers by delivering reliable, innovative solutions, building trust, and maintaining long-lasting partnerships with top industry clients.
Risk factors
- Segment Disconnection: The company works in three separate areas — Sustainable Theme Park Development, Industrial Wastewater Management, and Geotechnical Solutions — but these businesses are not closely linked. This lack of connection could affect the company's overall efficiency and smooth operations.
- First-Generation Promoters: The company is run by first-time entrepreneurs. While they bring fresh ideas, their limited industry experience and networks could impact long-term business decisions and stability.
- Dependence on Government Tenders: The company earns part of its income from government contracts. If they are unable to win these tenders in the future, it could negatively affect their business growth and financial health.
Promoters
Ms Sanghamitra Borgohain
M/s Terramaya Enterprises Private Limited
Registrar & documents
Lead manager
Narnolia Financial Services Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot 140, Khasra, No. 249, Mangla Puri, Gadaipur, South-West Delhi, New Delhi- 110030,
+ 011-35017243
[email protected]Company website ↗Understanding ZTECH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.