Ztech India Limited IPO
Ztech India Limited IPO
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Ztech India Limited's successfully transitioned to public market status with its listing on NSE on 05-06-2024. The IPO mobilized 33,91,200 Shares in cumulative capital, including 33,91,200 Shares for corporate expansion.
The public offering was conducted within the price parameters of ₹104 to ₹110, with minimum investment lots of 1200 shares. subscription activity between 29-05-2024 and 31-05-2024 demonstrated market reception to the company's valuation and growth narrative.
The allotment process concluded on 03-06-2024, finalizing share distribution to successful bidders. The listing represents a transformational event, providing the company with enhanced market visibility, regulatory compliance framework, and access to diversified investor capital.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Ztech India IPO About Company
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
Ztech India IPO Strength Factors
- 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.
Ztech India IPO 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.
Ztech India IPO Lead Manager(s)
- Narnolia Financial Services Limited
Ztech India IPO Promoter(s)
- Ms Sanghamitra Borgohain
- M/s Terramaya Enterprises Private Limited
Ztech India IPO FAQs
Ztech India Limited IPO subscribed 371.46 times. The public issue subscribed 315.59 times in the retail category,123.1times in QIB, and -- times in the HNI (10+) category byNovember 26, 2025 9:58:03 AM (Day 26).
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
Ztech India IPO IPO Investor Categories
The offer proceeds will be utilised towards the following investor categories in compliance with SEBI regulations:
Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes, and pension schemes.
Non-Institutional Investors (NII / HNI)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc. who bid for shares worth more than ₹2 lakhs are known as Non-Institutional Bidders. Unlike QIBs, they do not need SEBI registration.
Subcategories of NII:
- sNII (Small NII – bids below ₹10 Lakhs)
For bids between ₹2–10 lakhs. One-third of NII shares are reserved for this category, also known as Small HNI (sHNI).
- bNII (Big NII – bids above ₹10 Lakhs)
For bids above ₹10 lakhs. Two-thirds of NII shares are reserved for this category, also called Big HNI (bHNI).
- sNII (Small NII – bids below ₹10 Lakhs)
Retail Individual Investors (RII)
Individual investors or NRIs who apply up to ₹2 lakhs in an IPO are considered under the RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
This includes eligible shareholders or other investors with reserved quotas in the IPO.
Ztech India IPO FAQs
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