Ztech India IPO Subscription Status: Ztech India IPO is Open on May 29, 2024 and Close on May 31, 2024. Ztech India IPO to Raise 3,391,200 Shares (Approx ₹37.30 Cr) via IPO. The Fresh Issue of 3,391,200 Shares (Approx ₹37.30 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Ztech India IPO is an SME IPO and Listed on NSE SME. Ztech India IPO Price Band is Fixed at ₹104 to ₹110 Equity Share. Ztech India IPO Lot Size is 1200 Shares.
About Ztech India IPO :
- Ztech India Originally Designs Civil Engineering Products And Services With State‐Of‐The‐Art Specialty In Geo‐ Technical Specialised Solutions In The Field Of Infrastructure And Civil Construction Projects To India. It Includes A Range Of Techniques, Methodologies, And Technologies Aimed At Optimizing The Performance And Stability Of Structures Built On Or In The Ground. In Addition To This, We Are Actively Engaged In The Waste Management Sector, Where Our Focus Involves Creating Theme Parks Through The Utilization Of Recycled Scrap Materials.
- Ztech India Simultaneously, We Are Dedicated To Implementing Innovative Waste Water Management Solutions For Industrial Units, Employing The Cutting-Edge GEIST Technology. This Dual Commitment Underscores Our Holistic Approach To Sustainable Practices, Transforming Discarded Materials Into Recreational Spaces While Efficiently Managing Industrial Wastewater Through State-Of-The-Art Technology.
Ztech India IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 6,44,400 | 7,93,26,000 | 123.10 |
| Non Institutional Buyers (NIIs) | 4,83,600 | 40,25,35,200 | 832.37 |
| Retail Individual Buyers (RIIs) | 11,28,000 | 35,59,88,400 | 315.59 |
| Anchor Investor | 9,64,800 | 9,64,800 | 1 |
| Total | 22,56,000 | 83,78,49,600 | 371.39 |
The Ztech India Subscription Status day-by-day-
| Categories | 29 May | 30 May | 31 May |
|---|---|---|---|
| QIB | 7.76 | 7.93 | 123.10 |
| NII | 20.39 | 50.10 | 832.37 |
| RII | 29.39 | 79.89 | 315.59 |
| Total | 21.28 | 52.95 | 371.39 |
Ztech India Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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