As of May 28, 2024, Ztech India IPO has ₹65 as Grey Market Premium, with a price range of ₹104 to ₹110 per share. Offering lots of 1200 shares, the subscription window is open from May 29, 2024 to May 31, 2024.
Ztech India Limited IPO GMP Today
The Grey Market Premium (GMP) for Ztech India Limited is ₹65 as of May 27, 2024. This assessment coincides with a price of ₹104 to ₹110 per share for the IPO.
Ztech India Limited IPO Review
Ztech India Limited has shown financial growth with rising revenues reaching ₹6,731.82 lakhs in March 2024, and profit after tax surging to ₹779.83 lakhs. Increased earnings per share and a strengthened RoNW suggest robust investor confidence, despite a lower debt-equity ratio hinting at less reliance on debt.
While Ztech’s total assets indicate potential growth, declining current and inventory turnover ratios pose challenges for liquidity and inventory management. These financial nuances could impact the company’s ability to meet short-term obligations and manage stock efficiently.
Get the Complete Fundamental Analysis of the Ztech India IPO
Ztech India Limited IPO Date
Ztech India Limited will start accepting subscriptions from May 29, 2024, to May 31, 2024
Ztech India Limited IPO Price
Ztech India Limited’s price range is ₹104 to ₹110 per share with a face value of ₹10 each.
Ztech India Limited
Ztech India Limited specialises in geotechnical solutions for infrastructure and civil construction, enhancing ground structure stability with innovative techniques. The company also converts scrap into theme parks and manages industrial wastewater using advanced GEIST technology, demonstrating a commitment to sustainable and eco-friendly engineering solutions across various sectors.
How To Apply For Ztech India Ltd IPO?
To apply for the Ztech India through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Ztech India on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Ztech India IPO at Alice Blue in just a few clicks!