May 29, 2024 - May 31, 2024

Ztech India IPO Subscription Details

Ztech India IPO Subscription Status Live

Ztech India IPO subscribed 371.39 times. The public issue subscribed 315.59 times in the retail category, 123.10 times in QIB, and 832.37 times in the NII category by May 31, 2024 (Day 3).

Investor Category	Subscription (times)	Shares Offered	Shares Bid for	Total Amount (Rs Cr.)*
Qualified Institutions	123.10	644,400	7,93,26,000	872.59
Non-Institutional Buyers*	832.37	483,600	40,25,35,200	4,427.89
Retail Investors	315.59	1,128,000	35,59,88,400	3,915.87
Employees	[.]	0	0	0
Others	[.]	0	0	0
Total *	371.39	2,256,000	83,78,49,600	9,216.35

Total Application : 296,658 (315.59 times)

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

* Market Maker portion of 170,400 equity shares not included.

Ztech India IPO (Day-wise) Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 May 29, 2024	7.76	20.39	29.39	21.28
Day 2 May 30, 2024	7.93	50.15	80.41	53.22
Day 3 May 31, 2024	123.10	832.37	315.59	371.39

Ztech India IPO Shares Offered

Ztech India IPO is a public issue of 3,391,200 equity shares. The issue offers 1,128,000 shares to retail investors, 644,400 shares to qualified institutional buyers, and 483,600 shares to non-institutional investors.

Category	Shares Offered	Amount (Rs Cr)	Size (%)
Anchor Investor	964,800	10.61	28.45%
Market Maker	170,400	1.87	5.02%
QIB	644,400	7.09	19.00%
NII*	483,600	5.32	14.26%
Retail	1,128,000	12.41	33.26%
Total	3,391,200	37.30	100%

Ztech India IPO Anchor Investor Allocation

A total of 964,800 shares at a price of Rs 110 per share will be allotted to the anchor investors.

S.No.	Name of Anchor Investor	No. of Shares Allocated	Bid Price Per Share (Rs.)	Anchor Investor Portion (%)	Total Amount Allocated (Rs.)
1	Kingsman Wealth Fund PCC KIF - I	340,800	110	35.32	37,488,000
2	SB Opportunities Fund I	306,000	110	31.72	33,660,000
3	Astrone capital VCC - Arven	135,600	110	14.05	14,916,000
4	Saint Capital Fund	91,200	110	9.45	10,032,000
5	Varsu India Growth Story Scheme I (Persistent Growth Fund)	91,200	110	9.45	10,032,000
		964,800		100	106,128,000

IPO Investor Categories

Qualified Institutional Buyers (QIB)
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Non-Institutional Investors(NII)
Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.
NII category has two subcategories:
1. sNII (bids below Rs 10L)
  The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
2. bNII (bids above Rs 10L)
  The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
Retail Individual Investors(RII)
The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
Employee (EMP)
A category of eligible employees who have a reserved quota in the IPO.
Others
A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Ztech India IPO Subscription FAQs

The Ztech India IPO is subscribed 371.39 by May 31, 2024.