
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
+24.6%
Est. Listing
₹137
at current GMP
Subscribed
371.46x
overall
Open
29 May 2024
Close
31 May 2024
Allotment
3 Jun 2024
Refund
4 Jun 2024
Demat Credit
5 Jun 2024
Listing
5 Jun 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹110
Band: ₹104 – ₹110
Estimated Listing Price
₹137
Upper price + GMP
Lot Size
1200 shares
Min investment ₹1,32,000
Estimated Profit / Lot
₹32,400
1200 × ₹27
Grey Market Premium trend
+₹27
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹27 | 24.6% | ₹137 |
| 30 Oct 2026 | +₹27 | 24.6% | ₹137 |
| 29 Oct 2026 | +₹24 | 22.1% | ₹134 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Ztech India Limited IPO is ₹27, which indicates an expected listing price of ₹137.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.