Z-Tech (India) Ltd

Z-Tech (India) Limited 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. It includes a range of techniques, methodologies, and technologies aimed at optimizing the performance and stability of structures built on or in the ground. In addition to this, The Company is actively engaged in the waste management sector, where our focus involves creating theme parks through the utilization of recycled scrap materials. Simultaneously, it is dedicated to implementing innovative waste water management solutions for industrial units, employing the cutting-edge GEIST technology. This dual commitment underscores its holistic approach to sustainable practices, transforming discarded materials into recreational spaces while efficiently managing industrial wastewater through state-of-the-art technology. The Company is engaged in providing innovative, safe and eco-friendly engineering solutions to our customers. These solutions include three major categories: 1. Sustainable Theme Park Development. 2. Industrial Waste Water Management. 3. Geo Technical Specialised Solutions.

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50years

Z-Tech (India) Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
33.91 LTBA11.28 L77.74 LNSE₹ 37.3 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
29 May, 2431 May, 241200 ₹ 1,24,800 Book Building - SME05 Jun, 24

Z-Tech (India) Ltd IPO Details

Z-Tech (India) Ltd IPO Dates

  • 29 May 2024

    Opening date

  • 31 May 2024

    Closing date

  • 03 Jun 2024

    Basis of
    Allotment

  • 04 Jun 2024

    Initiation of
    Refunds

  • 04 Jun 2024

    Credit of
    Shares

  • 05 Jun 2024

    Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription Times
QIB49.3x
NII832.72x
Retail315.59x
Employee0x
Total247.12x

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Z-Tech (India) Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations11.153.120.47
EBITDA11.793.530.76
PAT7.821.980.09
Total Assets35.9121.0517.66
Share Capital9.411.101.10
Total Borrowings5.494.723.82
Operating Activities (Net Cash)8.462.390.38
Investing Activities (Net Cash)0.580.820.82
Financing Activities (Net Cash)5.494.723.82
Net Cashflow0.830.231.18

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Z-Tech (India) Ltd

Z-Tech (India) Limited was incorporated as a Private Limited Company with the name of Z-Tech (India) Private Limited under the Companies Act, 1956 vide certificate of incorporation dated November 09, 1994, issued by Registrar of Companies, Delhi, bearing registration no. 62582. Further, the Company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the Company at the Extra-Ordinary General Meeting held on November 20, 2023 and the name of the Company changed from Z-Tech (India) Private Limited to Z-Tech (India) Limited & Registrar of Companies, Delhi has issued a new certificate of incorporation consequent upon conversion dated January 11, 2024, bearing CIN U74899DL1994PLC062582.

The information in this section has been extracted from various websites and publicly available documents from various industry sources. The data may have been re-classified by us for the purpose of presentation. None of the Company and any other person connected with the Issue have independently verified this information. Industry sources and publications generally state that the information contained therein has been obtained from believed to be reliable, but their accuracy, completeness and underlying assumptions are not guaranteed, and their reliability cannot be assured. Industry sources and publications are also prepared based on information as of specific dates and may no longer be current or reflect current trends. Industry sources and publications may also base their information on estimates, projection forecasts and assumptions that may prove to be incorrect. Accordingly, investors should not place undue reliance on information. Moderating Inflation and Steady Growth Open Path to Soft Landing: Global growth is projected at 3.1 percent in 2024 and 3.2 percent in 2025, with the 2024 forecast 0.2 percentage point higher than that in the October 2023 World Economic Outlook (WEO) on account of greater-than-expected resilience in the United States and several large emerging market and developing economies, as well as fiscal support in China. The forecast for 2024-25 is, however, below the historical (2000-19) average of 3.8 percent, with elevated central bank policy rates to fight inflation, a withdrawal of fiscal support amid high debt weighing on economic activity, and low underlying productivity growth. Inflation is falling faster than expected in most regions, in the midst of unwinding supply-side issues and restrictive monetary policy. Global headline inflation is expected to fall to 5.8 percent in 2024 and to 4.4 percent in 2025, with the 2025 forecast revised down. With disinflation and steady growth, the likelihood of a hard landing has receded, and risks to global growth are broadly balanced. On the upside, faster disinflation could lead to further easing of financial conditions. Looser fiscal policy than necessary and than assumed in the projections could imply temporarily higher growth, but at the risk of a more costly adjustment later on. Stronger structural reform momentum could bolster productivity with positive cross-border spillovers. On the downside, new commodity price spikes from geopolitical shocks-including continued attacks in the Red Sea-and supply disruptions or more persistent underlying inflation could prolong tight monetary conditions. Deepening property sector woes in China or, elsewhere, a disruptive turn to tax hikes and spending cuts could also cause growth disappointments. Policymakers' near-term challenge is to successfully manage the final descent of inflation to target, calibrating monetary policy in response to underlying inflation dynamics and-where wage and price pressures are clearly dissipating-adjusting to a less restrictive stance. At the same time, in many cases, with inflation declining and economies better able to absorb effects of fiscal tightening, a renewed focus on fiscal consolidation to rebuild budgetary capacity to deal with future shocks, raise revenue for new spending priorities, and curb the rise of public debt is needed. Targeted and carefully sequenced structural reforms would reinforce productivity growth and debt sustainability and accelerate convergence toward higher income levels. More efficient multilateral coordination is needed for, among other things, debt resolution, to avoid debt distress and create space for necessary investments, as well as to mitigate the effects of climate change. Forces Shaping the Outlook: The global economic recovery from the COVID-19 pandemic, Russia's invasion of Ukraine, and the cost-of-living crisis is proving surprisingly resilient. Inflation is falling faster than expected from its 2022 peak, with a smaller-than-expected toll on employment and activity, reflecting favorable supply-side developments and tightening by central banks, which has kept inflation expectations anchored. At the same time, high interest rates aimed at fighting inflation and a withdrawal of fiscal support amid high debt are expected to weigh on growth in 2024. Growth resilient in major economies: Economic growth is estimated to have been stronger than expected in the second half of 2023 in the United States, and several major emerging market and developing economies. In several cases, government and private spending contributed to the upswing, with real disposable income gains supporting consumption amid still-tight-though easing-labor markets and households drawing down on their accumulated pandemic-era savings. A supply-side expansion also took hold, with a broad-based increase in labor force participation, resolution of pandemic-era supply chain problems, and declining delivery times. The rising momentum was not felt everywhere, with notably subdued growth in the euro area, reflecting weak consumer sentiment, the lingering effects of high energy prices, and weakness in interest-rate-sensitive manufacturing and business investment. Low-income economies continue to experience large output losses compared with their prepandemic (2017-19) paths amid elevated borrowing costs. Inflation subsiding faster than expected: Amid favorable global supply developments, inflation has been falling faster than expected, with recent monthly readings near the prepandemic average for both headline and underlying (core) inflation (Figure 1). Global headline inflation in the fourth quarter of 2023 is estimated to have been about 0.3 percentage point lower than predicted in the October 2023 WEO on a quarter-over-quarter seasonally adjusted basis. Diminished inflation reflects the fading of relative price shocks-notably those to energy prices-and their associated pass-through to core inflation. The decline also reflects an easing in labor market tightness, with a decline in job vacancies, a modest rise in unemployment, and greater labor supply, in some cases associated with a strong inflow of immigrants. Wage growth has generally remained contained, with wage-price spirals-in which prices and wages accelerate together-not taking hold. Near-term inflation expectations have fallen in major economies, with long-term expectations remaining anchored. High borrowing costs cooling demand: To reduce inflation, major central banks raised policy interest rates to restrictive levels in 2023, resulting in high mortgage costs, challenges for firms refinancing their debt, tighter credit availability, and weaker business and residential investment. Commercial real estate has been especially under pressure, with higher borrowing costs compounding postpandemic structural changes. But with inflation easing, market expectations that future policy rates will decline have contributed to a reduction in longer-term interest rates and rising equity markets. Still, long-term borrowing costs remain high in both advanced and emerging market and developing economies, partly because government debt has been rising. In addition, central banks' policy rate decisions are becoming increasingly asynchronous. In some countries with falling inflation-including Brazil and Chile, where central banks tightened policy earlier than in other countries-interest rates have been declining since the second half of 2023. In China, where inflation has been near zero, the central bank has eased monetary policy. The Bank of Japan has kept short-term interest rates near zero. Fiscal policy amplifying economic divergence: Governments in advanced economies eased fiscal policy in 2023. The United States, where GDP had already exceeded its prepandemic path, eased policy more than did euro area and other economies in which the recovery was incomplete. In emerging market and developing economies, in which output has on average fallen even further below the prepandemic trend, on average the fiscal stance is estimated to have been neutral. The exceptions include Brazil and Russia, where fiscal policy eased in 2023. In low-income countries, liquidity squeezes and the elevated cost of interest payments-averaging 13 percent of general government revenues, about double the level 15 years ago-crowded out necessary investments, hampering the recovery of large output losses compared with prepandemic trends. In 2024, the fiscal policy stance is expected to tighten in several advanced and emerging market and developing economies to rebuild budgetary room for maneuver and curb the rising path of debt, and this shift is expected to slow growth in the near term.

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Z-Tech (India) Ltd IPO Key Points

Strengths

  • Sustainable Business Model.
  • Environmentally conscious approach.
  • Cordial relations with its customers.
  • Quality Deliverables

Risk

  • 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.

Strategy

  • Expansion of its geographical footprint.
  • Focus on building environment friendly and sustainable operations along with growth.
  • Research & Development

Z-Tech (India) Ltd IPO Key Points

  • Sustainable Business Model.
  • Environmentally conscious approach.
  • Cordial relations with its customers.
  • Quality Deliverables

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Get your FAQs right

Z-Tech (India) Ltd's IPO offers shares for up to ₹ 0 L It begins on May 29, 2024 and ends on May 31, 2024.

The price of Z-Tech (India) Ltd IPO ranges between ₹104 to ₹110 per share.

The Z-Tech (India) Ltd IPO opens on May 29, 2024 and closes on May 31, 2024.

The allotment for the Z-Tech (India) Ltd IPO will be finalised on Jun 3, 2024. The shares will be listed on BSE and NSE on Jun 5, 2024.

The minimum lot size for Z-Tech (India) Ltd IPO is 1200 shares, priced between ₹104 to ₹110 per share.

The GMP (Grey Market Premium) of Z-Tech (India) Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Z-Tech (India) Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Z-Tech (India) Ltd IPO is getting listed on the BSE and NSE. Bidding opens on May 29, 2024, and closes on May 31, 2024. The allotment is finalised on Jun 3, 2024.

To apply for the Z-Tech (India) Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.