31 Mar 2021
Assets19.73
Total Income23.96
Profit After Tax0.65
NET Worth7.94
Reserves and Surplus6.84
Total Borrowing0.94
At a glance
Updated 2026-09-14Ztech India is a SME IPO with an issue size of ₹37.30 crore, proposed for listing on NSE SME. The offer opens on 29th May 2024 and closes on 31st May 2024. The issue structure includes a fresh issue of ₹35.43 crore.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹37.30 Cr
Fresh issue₹35.43 Cr
Face value₹10
Price band₹104.00–₹110.00
Allotment3rd Jun 2024
Listing5th Jun 2024
Grey market
GMP page ↗Latest GMP₹27.00
GMP / upper price24.55%
Est. listing₹137.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th May 2024
Closes31st May 2024
Allotment3rd Jun 2024
Refund5th Jun 2024
Demat5th Jun 2024
Listing5th Jun 2024
Subscription demand
Full bidding ↗Total371.39×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1200 | ₹132,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Working Capital Requirement | ₹23.76 Cr |
| General Corporate Purposes | ₹7.50 Cr |
| Issue Expenses | ₹6.05 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue67.37₹ Cr · +160.3% vs prior year
PAT7.80₹ Cr · +295.9% vs prior year
Assets41.92₹ Cr · +79.1% vs prior year
Net Worth21.91₹ Cr · +119.3% vs prior year
Borrowing1.31₹ Cr · +84.5% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets19.25
Total Income30.84
Profit After Tax0.08
NET Worth8.02
Reserves and Surplus6.92
Total Borrowing0.72
31 Mar 2023
Assets23.40
Total Income25.88
Profit After Tax1.97
NET Worth9.99
Reserves and Surplus8.89
Total Borrowing0.71
31 Mar 2024
Assets41.92
Total Income67.37
Profit After Tax7.80
NET Worth21.91
Reserves and Surplus12.50
Total Borrowing1.31
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 34% |
| ROCE | 44.02% |
| Debt / Equity | 0.06% |
| RoNW | 34% |
| PAT Margin | 12.00% |
| Price to Book Value | 4.52 |
Valuation & shareholding
Pre-IPO EPS8.29
Post-IPO EPS6.09
Pre-IPO P/E13.27
Post-IPO P/E18.05
Promoter holding pre82.65%
Promoter holding post60.75%
Market cap₹140.77 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Ztech India IPO | — | 18.05 x | — | — |
| Paluck Technologies IPO | — | 6.62 x | — | — |
| Sumax Engineering IPO | — | 15.05 x | — | — |
| Technocrats Plasma IPO | — | 16.26 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Working Capital Requirement | ₹23.76 Cr |
| General Corporate Purposes | ₹7.50 Cr |
| Issue Expenses | ₹6.05 Cr |
Registrar & lead managers
Registrar
Maashitla Securities Pvt.Ltd.Lead managers
- Narnolia Financial Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-14.
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