Ztech India Limited is launching an IPO with 33,91,200 shares worth INR 37.30 crores to meet working capital requirements and for general corporate purposes.
Open Date : May 29, 2024 Close Date : May 31, 2024 Allotment Date: June 3, 2024 Listing Date: June 4, 2024
IPO Price: INR 104-110 per share Lot Size: 1200 Shares Total Issue Size: INR 37.30 cr
Ztech India financial analysis shows mixed performance 1. Revenue increased. 2. Profitability & EPS rose. 3. RoNW improved & Total assets grew. 4. Current & inventory turnover ratios declined.
Z Tech India: Moderate metrics. Ion Exchange: Financially strong. Felix Industries: High P/E ratio. Wonderla Holidays & H.G. Infra Engineering: Robust performance. Nicco Parks & Resorts: High EPS. NCC Limited: Significant market capitalization.
Ztech India Ltd main objective Meet working capital requirements.
Ztech India Ltd risks 1. Reliance on Sustainable Theme Park revenue poses a risk. 2. Challenges in diversification impact business. 3. Limited experience of first-gen entrepreneurs affects funding and partnerships.