Z-Tech (India) Limited

29 May 2024 - 31 May 2024 Individual Category SME NSE

Min Investment

₹132000

Price Band

₹104-₹110

Issue Size

24.26 lakhs
Equity Shares

Lot Size

1200

IPO Dates
img

29 May 2024

Open Date

img

31 May 2024

Close Date

img

03 Jun 2024

Allotment Date

img

04 Jun 2024

Listing Date

Ztech India IPO is open for subscription starting Wednesday, May 29, 2024, and closing on Friday, May 31, 2024. The price of this upcoming IPO is decided at Rs 104 to Rs 110 per share. The minimum lot size set for the retail category is 1200 shares. Meanwhile, the minimum lot size for the HNI category is 2 lots consisting of 2400 shares. The minimum investment required for retail category investors is Rs 1,32,000 (110 x 1200 shares). However, for the HNI category, the minimum investment amount required is Rs 2,64,000 (110 x 2400 shares). Ztech India IPO is a fixed price issue of Rs 37.30 crores. This upcoming IPO is an entirely fresh issue of 33.91 lakh equity shares. The allotment for this new IPO is expected to be finalised on Monday, June 3, 2024. Ztech India IPO will be listed on NSE SME, and the listing date is fixed on Tuesday, June 4, 2024. The book-running lead manager of Ztech India IPO is Narnolia Financial Services Limited. The registrar for this IPO is Maashitla Securities Private Limited. The market maker of this issue is NVS Brokerage.  

Know Before Investing

Strengths icon

Weaknesses icon

About Z-tech (india) Limited

Ztech India Limited was incorporated in 1994, engaged in designing civil engineering products and providing state of art speciality Geo-technical solutions for infrastructure and civil construction projects in India. Ztech is involved in the waste management sector, focusing on creating the theme park using recycled scrap material. The company provides innovative safety and engineering solutions for three major categories - Sustainable Theme Park Development, Industrial Wastewater Management, and Geo-technical Specialized Solutions.The clients of the company include prominent names like Bharti Infra Projects Limited, Dilip Buildcon Limited, IRCON International, and Hindustan Construction. As of May 2024, the company had a team of 72 employees in various departments. 

Founded

1994

Managing Director

Sanghamitra Borgohain

Parent Organization

IPO Objectives

The objective of this IPO is to meet the day-to-day capital requirements of the company. Additionally, the funds will be utilised to meet the general corporate purposes. Other than this issue expenses will be deducted from the total funds raised.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account