Z-Tech (India) Limited

IPO Details

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.