Embark on a promising investment journey with the Ztech India IPO, a fresh issue aiming to raise ₹37.30 crores through 33.91 lakh shares. Ztech India, a key player in the Geo-Technical Specialized Solutions and Waste Management sectors, is opening its doors to investors.
The IPO subscription window opens on May 29, 2024, and will close shortly after on May 31, 2024. Keep an eye out for the allotment date on June 3, 2024, and gear up for the NSE SME listing on June 4, 2024.
Investors can enter the fray with a price band of ₹104 to ₹110 per share, and a minimum lot size of 1200 shares, translating to a retail investment of ₹132,000. For High Net-worth Individuals (HNIs), the investment doubles to 2 lots (2,400 shares), amounting to ₹264,000.
Narnolia Financial Services Ltd is steering the IPO as the book running lead manager, with Maashitla Securities Private Limited as the registrar, and Nvs Brokerage as the market maker. Don’t miss the chance to invest in Ztech India’s innovative solutions for infrastructure and environmental sustainability.
Check the GMP of Ztech India IPO below:
Ztech India IPO Details :
| Company Name | Ztech India Limited |
| Sector | Waste Management |
| IPO Type | SME |
| IPO Open date | 29th May 2024 |
| IPO Close date | 31st May 2024 |
| OFS | |
| Listing Exchanges | NSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Ztech India IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1200 | 1,32,000 |
| HNI (Min) | 2 | 2400 | 2,64,600 |
Ztech India IPO Timeline:
| IPO Open Date | 29th May 2024 |
| IPO Close Date | 31st May 2024 |
| Basis of Allotment | 03rd June 2024 |
| Refund Initiation Date | 04th June 2024 |
| Shares Credit to Demat | 04th June 2024 |
| Listing Date | 04th Jun 2024 |
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
