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.

What is the current subscription status of Ztech India Limited IPO?

Ztech India Limited IPO has received a total subscription of 371.46 times overall.

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

371.46x

Total Demand

QIB Multiplier

123.10x

Institutions & Funds

NII / HNI

832.72x

High Net-Worth

Retail (RII)

315.59x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 371.46x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	644,400	79,326,000	123.10x
NIB	483,600	402,705,600	832.72x
RETAIL	1,128,000	355,987,200	315.59x
Total	2,256,000	838,018,800	371.46x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 333.75x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	989	312,119	315.59x
HNIs (10L +)	6	4,996	832.72x
HNIs (2-10L)	30	24,982	832.72x
Total Applications	1,025	342,097	333.75x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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 Schedule:

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 is Ztech India Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Ztech India Limited IPO is ₹27 per equity share. Based on the upper price band of ₹104 to ₹110 per equity share, the estimated listing price is ₹137 (+24.6% expected listing gain).

What is the expected profit per lot for Ztech India Limited IPO?

With a lot size of 1200 shares and current GMP of ₹27, the expected profit per application lot is approx ₹32,400 (+24.6% gain). Minimum application cost is approx ₹1,32,000.

What is the issue size and price band for Ztech India Limited IPO?

The Ztech India Limited IPO aggregate issue size is ₹37.3 Crores with an equity price band set at ₹104 to ₹110 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,32,000.

How can I check Ztech India Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 371.46x (Retail: 315.59x, QIB: 123.10x, NII: 832.72x). You can track live multiples directly on our dedicated subscription page.

Where and when will Ztech India Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2024-06-03. Investors can verify status using PAN card or application number.

When is the listing date for Ztech India Limited IPO?

Ztech India Limited shares are scheduled to list on NSE on 2024-06-05.