Ravi Stocks
- IPO Updates
- November 23, 2024
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Enviro Infra Engineers Ltd IPO Overview : IPO Details, Timeline, Price Band, Lot Size & GMP, Subscription Status
1. Enviro Infra Engineers Ltd IPO Overview
The Enviro Infra Engineers Limited IPO open for subscription on November 22, 2024, and will close on November 26, 2024. The final allotment of shares will be confirmed on November, 27, 2024. The Enviro Infra Engineers to be listed on Exchange November 29, 2024, and listing Exchange on NSE, BSE.
The Enviro Infra Engineers IPO price band has been set between ₹140 and ₹148 per equity share and Lot Size 101 share’s per lot.
The Total Issue Size of the Enviro Infra Engineers Ltd IPO is approximately ₹650.43 Cr. This comprises 43,948,000 equity shares offered to the public.
The Gray Market Premium (GMP) of Enviro Infra Engineers Ltd IPO is currently hovering around ₹52. This GMP shows high market sentiment, which indicates that the demand for IPO is quite high in the market. Due to this strong sentiment, good gain listings are expected.
2. Enviro Infra Engineers Ltd IPO Timeline
The Enviro Infra Engineers Ltd IPO is expected to open soon, with the following key dates:
- IPO Opening Date -: “The IPO is set to open on Friday, November 22, 2024.”
- IPO Closing Date -: “The IPO will close on Tuesday, November 26, 2024.”
- Finalization of Allotment -: The IPO allotment status will be declared on Wednesday, November 27, 2024.
- Initiation of Refunds -: The refund amount will be credited to your bank account on Wednesday, November 27, 2024.
- Credit of Shares to Demat Account -: The shares will be credited to your Demat account on Thursday, November 28, 2024.
- Listing Date -: The IPO will be listed on the stock exchanges on Friday, November 29, 2024, on NSE, BSE.
3. IPO Size (IPO Price, Lot Size, and Issue Size)
- Price Band -: The Enviro Infra Enginers IPO price band has been set between ₹140 to ₹148 per share.
- Lot Size -: The IPO lot size has been set at 101 shares per lot.
- Issue Size -: The IPO issue size is estimated to be around ₹650.43 Cr.
- Fresh Issue -: The IPO fresh issue size is ₹572.46 crore.
- Minimum Order Quantity -: Retail Investors can apply for a minimum of 1 lot.
- Maximum Order Quantity -: Retail Investors can apply for a maximum of 1 lots.
The lot size and price band will be crucial for retail investors looking to participate. Keep a close eye on these details once the IPO opens for subscription.
4. About Enviro Infra Enginers Ltd
Enviro Infra Engineers: Pioneers in Water and Wastewater Management
Established in 2009, Enviro Infra Engineers has emerged as a leader in providing innovative and sustainable water and wastewater management solutions across India. Over the last 15 years, the company has successfully delivered 28 projects tailored to the unique needs of both municipal and industrial sectors, ensuring compliance with environmental standards. Our core services include Sewage Treatment Plants (STP) & Sewerage Systems, Water Treatment Plants & Water Supply Systems, and Common Effluent Treatment Plants (CETP). Backed by a strong workforce of 939+ employees, including 180+ skilled engineers, we pride ourselves on delivering projects that meet regional and national requirements. With a vision to revolutionize the industry, we focus on cutting-edge technology and sustainability to address critical water challenges while striving to create a cleaner, greener future for India.
5. Company Financial Information
| Particulars | FY 2024 | FY 2023 | FY 2022 |
| Revenue | 738 | 341.66 | 225.62 |
| Profit After Tax (PAT) | 110.54 | 54.98 | 34.55 |
| Assets | 761.19 | 347.58 | 148.27 |
| Net Worth | 292.18 | 126.51 | 71.62 |
| Reserves and Surplus | 155.51 | 101.11 | 69.31 |
| Total Borrowing | 233.59 | 64.54 | 18.11 |
| Amount in ₹ Cr. | |||
6. Enviro Infra Engineers Ltd IPO Prospectus
For more detailed information, investors can access the official Enviro Infra Engineers IPO prospectus. The document will include information about the company’s financial health, risk factors, management, and other essential details that investors need to know before participating in the IPO.
- › Enviro Infra Engineers IPO DRHP
- › Enviro Infra Engineers IPO RHP
- › Anchor Investors in Enviro Infra Engineers IPO
7. Enviro Infra Engineers Ltd IPO Registrar
The registrar for the Enviro Infra Engineers IPO is Bigshare Services Pvt Ltd. The registrar is responsible for managing the application process, including allotment and refunds. Investors can reach out to the registrar for any queries regarding the status of their application.
8. How to Apply for the Enviro Infra Engineers IPO
Investors can apply for the Enviro Infra Engineers IPO through:
- Online IPO Application: Via net banking using the ASBA (Application Supported by Blocked Amount) facility.
- UPI Method: Apply through UPI-supported platforms like Zerodha, Groww, Upstox, Angel One or Paytm Money.
- Brokers: Approach stockbrokers offering IPO application services.
- Bank Branches: Submit an offline IPO application form at your bank.
Make sure to complete the application process within the IPO window to ensure your bid is accepted.
Disclaimer: Before making any investment, it is important to carefully assess your risk tolerance and conduct thorough research. Investing in IPOs involves inherent risks, and market conditions can change rapidly. Please ensure you fully understand the potential risks and returns, and consider consulting with a financial advisor before proceeding with any investment decision.
