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Ztech India IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in New Delhi and caters to Engineering sector. Narnolia Financial Services is the merchant banker of Ztech India IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th February 2024.
Ztech India IPO open date is 29th May 2024 and close date is 31st May 2024. IPO Allotment Date is 3rd June 2024 and Listing date is 5th June 2024.Ztech India IPO size is Rs 37.30 Cr. crores with IPO price of Rs 110.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Narnolia Financial Services Limited is the book-running lead manager of the Ztech India IPO. Maashitla Securities Private Limited is the Registrar and Market Maker is Nvs Brokerage Private Limited for Ztech India IPO.
Ztech India IPO anchor investors are the below investors. The number of anchor investors in this IPO is 5.
| Anchor Investor Name | No. of shares Allotted | Offer Price (in Rs.) | Amount Invested (in Rs.) |
|---|---|---|---|
| Kingsman Wealth Fund | 340,800.00 | ₹110.00 | ₹37,488,000.00 |
| SB OPPORTUNITIES FUND | 306,000.00 | ₹110.00 | ₹33,660,000.00 |
| Astrone capital VCC | 135,600.00 | ₹110.00 | ₹14,916,000.00 |
| Saint Capital Fund | 91,200.00 | ₹110.00 | ₹10,032,000.00 |
| Persistent Growth Fund- | 91,200.00 | ₹110.00 | ₹10,032,000.00 |
Ztech India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Ztech India IPO, based in New Delhi, operates in the Engineering sector with a focus on Geo-Technical Solutions for infrastructure and civil construction projects in India.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Book Building Issue method. Ztech India IPO size is ₹ 37.30 Cr. Crores with fresh issue size of Rs 37.30 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Ztech India IPO is expected to be 3rd June 2024, after the finalization of basis of allotment. Investors can check Ztech India IPO allotment status on the registrars website, Maashitla Securities Private Limited. Ztech India IPO refund dates are 5th June 2024.
Ztech India IPO is expected to be listed on 5th June 2024.
The upper price band for the Ztech India IPO is set at ₹ 110.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Ztech India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Ztech India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 31st May 2024. After submission, funds are blocked until the basis of allotment of Ztech India IPO is finalised.
The merchant banker for Ztech India IPO is Narnolia Financial Services Limited . Narnolia Financial Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Ztech India IPO RHP for further details.
The registrar for Ztech India IPO is Maashitla Securities Private Limited. Investors can go to Maashitla Securities Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Ztech India IPO through their official website or helpline.
Ztech India IPO was subscribed 371.39 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 37.30 Cr.
Avg IPO Size (Sector Based)
:
₹ 24.78 Cr.
Sector: Engineering
SME IPO so far:
49
Merchant Banker:
Narnolia Financial
SME IPO by BRLM so far:
47
City:
New Delhi
SME IPO so far:
152
Revenue (annualised):
₹ 67.32 cr.
PE
Ratio:
18.05x
Average Sector PE Ratio: 15.16x
Ztech India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Ztech India Financial Review Page
Merchant Banker(s) of Ztech India IPO: Narnolia Financial Services Limited
Ztech India IPO subscription was 371.39 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Ztech India IPO listed at a listing price of 105.00 against the offer price of 110.00.
The current market price of Ztech India is 581.00.
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