Ztech India IPO

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.

Important Details

Open Date : May 29, 2024 Close Date :   May 31, 2024 Allotment Date: June 3, 2024 Listing Date: June 4, 2024

Important Details

IPO Price: INR 104-110 per share Lot Size: 1200 Shares Total Issue Size: INR 37.30 cr

Fundamental Analysis

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.

Peer Comparison

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.

Objective

Ztech India Ltd main objective Meet working capital requirements.

Risks And Challenges

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.