What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Ztech India Limited IPO allotment date?

The basis of allotment for Ztech India Limited IPO is scheduled to be finalized on 3 Jun 2024.

Where can I check Ztech India Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Maashitla Securities Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 4 Jun 2024.

IPO GreyPremiumLIVE

Grey Market Intelligence

Ztech India Limited

ListedSME

Industrial / Manufacturing · NSE

Z-Tech (India) Limited, established in November 1994, specializes in designing civil engineering products and providing advanced geo-technical solutions for infrastructure and construction projects across India. The company is also active in waste management, converting recycled scrap materials into creative theme parks. Z-Tech works mainly in sustainable theme park development, industrial wastewater management, and specialized geotechnical solutions. Serving clients like Bhartia Infra Projects, Dilip Buildcon, GMR Infra, and Hindustan Construction Co., the company has earned a strong reputation for delivering innovative, safe, and eco-friendly engineering solutions. As of May 10, 2024, it has 72 employees.

Price Band

₹104 – ₹110

Issue Size

₹37.30 Cr

Lot Size

1200 shares

GMP

₹27

+24.6%

Est. Listing

₹137

at current GMP

Subscribed

371.46x

overall

Open

29 May 2024

31 May 2024

Allotment

3 Jun 2024

Refund

4 Jun 2024

Demat Credit

5 Jun 2024

Listing

5 Jun 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Ztech India Limited Allotment Status

Designated Registrar: Maashitla Securities Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

3 Jun 2024

Basis finalization

Refunds Initiate

4 Jun 2024

Mandate release

Demat Credit

5 Jun 2024

Shares in demat

Listing Debut

5 Jun 2024

Trading begins

About Ztech India Limited Public Issue & Market Profile

Ztech India Limited is bringing an initial public offering (IPO) in the Industrial / Manufacturing sector with an aggregate issue size of ₹37.3 Crores. The shares are offered at a price band of ₹104 to ₹110 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1200 shares (approx. ₹1,32,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-06-05, while un-allotted funds or UPI block mandates will be released on 2024-06-04.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.

Ztech India Limited

Ztech India Limited Allotment Status

How to Check Ztech India Limited IPO Allotment Status

About Ztech India Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?