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PNN Mumbai Maharashtra [India] May 28 Z-Tech India Limited one of the pioneer in innovative engineering solutions sustainable theme parks and water waste management has announced its plan to go public with an Initial Public Offering IPO on May 29 2024 The company is aiming to raise Rs 3730 Crores at the upper band through this IPO with shares set to be listed on the NSE Emerge platform The issue size is Up to 3391200 equity shares at a face value of Rs 10 each Equity Share Allocation QIB Anchor Portion - Up To 966000 Equity Shares Qualified Institutional Buyers QIB - Up To 643200Equity Shares Non-Institutional Investors NII - Up To 483600 Equity Shares Retail Individual Investors RII - Up To 1128000Equity Shares Market Maker - Up To 170400 Equity Shares The net proceeds from the IPO will be utilized for Working Capital Requirements and General Corporate Purposes The bidding for Anchor portion will open on May 28 2024 the issue will open for subscription for all other category

Vipin aggarwalSanghamitra borgohainMaashitla securities privateInvestment banking of narnolia financial servicesBrokerage privateGeo technical solutionsIssue is narnolia financial servicesSustainable theme park developmentInitial public offeringQualified institutional buyersNon institutional investorsRetail individual investorsMarket makerWorking capital requirementsGeneral corporateBook running lead manager