Z Tech (india) Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Z-Tech

CMP

147.55

+7.00 (4.98%)

  • DRHP
₹110

Offer Price

₹ 37.30 Cr

Issue Size

₹ 1,32,000

Min Investment

1,200

Lot size

Time Line

  • 29
    May 2024
    Open
  • 31
    May 2024
    Close
  • 03
    Jun 2024
    Finalisation of Basis of Allotment
  • 04
    Jun 2024
    Initiation of Refunds
  • 04
    Jun 2024
    Transfer of Shares to Demat Account
  • 05
    Jun 2024
    Listing Date

Objects of the Offer

  • Expansion of its geographical footprint.

  • Focus on building environment friendly and sustainable operations along with growth.

  • Research & Development

Products & Services

  • The Company 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.

Strengths

  • Sustainable Business Model.

  • Environmentally conscious approach.

  • Cordial relations with its customers.

  • Quality Deliverables

Risks

  • Operating in three distinct segments that lacks connections poses a significant risk to its business.

  • The company derives a substantial portion of its revenue from its newly introduced business Sustainable theme park as compared to Geo technical specialized solutions and Water Waste management. Its dependency on sustainable theme park can have a material adverse effect on its business, financial condition, results of operations and cash flows.

  • Its present promoters of the Company are first generation entrepreneur.

  • Its promoter or holding company has incurred losses in the past and may incur losses in the future also.

  • The company has had negative cash flows in the past and may continue to have negative cash flows in the future.

Company Promoters

Promoters Holding

Issue For IPO
21.90%
Pre Holding

82.65%

Post Holding

60.75%

Top Promoters Holding

Financials

All values in Cr

Mar-2023 Mar-2024 Mar-2023 3-Yr trend
Revenue 25.73 (-16.00%) 67.32 (161.60%) 26.37 (-)
Gross Profit 25.73 (-16.00%) 67.32 (161.60%) 26.37 (-)
Net Income 25.73 (-16.00%) 67.32 (161.60%) 26.37 (-)
Assets 25.73 (-16.00%) 67.32 (161.60%) 26.37 (-)
Liabilities 25.73 (-16.00%) 67.32 (161.60%) 26.37 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Z-Tech (India) Ltd 25.73 1.97 10.32 0.33 26.37 17.88 90.81 1.62 0.07
Ion Exchange (India) Ltd 1,989.61 196.74 1,940.14 1,940.14 23.60 165.95 587.40 10.14 0.06
Felix Industries Ltd 19.38 1.17 24.31 24.31 7.22 2.30 31.81 4.81 0.27
Wonderla Holidays Ltd 429.22 148.90 1,076.27 1,076.27 15.68 26.33 167.90 13.83 0.00
H.G. Infra Engineering Ltd 4,622.01 493.19 4,926.68 4,926.68 25.66 75.68 294.90 10.01 0.99
Nicco Parks & Resorts Ltd 76.63 22.54 98.59 98.59 29.99 4.82 16.05 22.86 0.00
NCC Ltd 15,553.41 609.20 16,550.12 16,550.12 9.87 9.77 103.30 3.68 0.16

Book Running Managers

  • Narnolia Financiall Services Ltd

Registrar & Transfer Agent

Maashitla Securities Pvt Ltd

451 Krishna Apra Bus,
Netaji Subhash Place,
Pitampura - New Delhi-110034
Phone : 011-45121795 Fax: 01145121795

Company Contact Information

Plot 140 Khasra No 249 Mangala,
Puri Gadaipur South-West Delhi,
New Delhi - 110030
Phone : 011 3501 7243 Email : cs@ztech-india.com www.ztech-india.com

Offer Related Information

Initial public offering up to 33,91,200 equity shares of Rs. 10/- each ("Equity Shares") of Z-Tech (India) Limited ("ZTIL" or the "Company") for cash at a price of Rs. 110/- per equity share (the "Issue Price"), aggregating to Rs. 37.30 crores ("The Issue"). Out of the issue, 1,70,400 equity shares aggregating to Rs. 1.87 crores will be reserved for subscription by market maker ("Market

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