Enviro Infra Engineers IPO GMP Today, Enviro Infra Engineers IPO Grey Market Premium Updates | Enviro Infra Engineers IPO, Latest target, Opening gain
Enviro Infra Engineers IPO began on November 22, 2024. It will close on November 26, 2024. The Total IPO Size is ₹ 650.43 Crore Approx. The company set its IPO price is ₹ 140 to ₹148 per share Per Share. There are three basic categories in Enviro Infra Engineers IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
Enviro Infra Engineers Limited was established in 2009 and is engaged in the design, construction, operation, and maintenance of water and Waste-Water Treatment Plants (WWTPs) and water supply projects (WSSPs) for government agencies/entities. WWTPs include Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs) while WSSPs include Water Treatment Plants (WTPs) along with pumping stations and the laying of pipelines for water supply.
Competitive strengths:
- In-house design, engineering, and execution team.
- Growing presence in existing regions with new projects.
- Diversified order book of projects across India.
- In-house execution capabilities with on-time delivery and an established track record of consistently increasing eligibility for high-value project tenders.
- Use of advanced technologies in the construction and installation of WWTPs or WSSPs.
- Experienced promoters and senior management team.
- Consistent financial performance
The company participates in tenders floated by state governments and ULBs for developing WWTPs and WSSPs on an EPC or HAM basis. Till June 30, 2024, the Company has successfully developed 28 WWTPs and WSSPs across India in the last seven (7) years, including 22 projects of 10 MLD capacity and above.
The company has an in-house team for designing, engineering, and construction. The company has a team of 180 engineers supported by external consultants and industry experts.
Enviro Infra Engineers IPO Details:
| Issuer | Enviro Infra Engineers IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: November 22, 2024 | |
| Issue Closes: November 26, 2024 | ||
| Price Brand | ₹140 to ₹148 per share | |
| Issue Size | ₹ 650.43 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 101 Shares | |
| Retail (Max) | ₹194,324 | |
| QIB | 75% | |
| HNI | 15% | |
| Retail Individual Bidders | 10% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | Share 43,948,000 | |
Enviro Infra Engineers IPO GMP Rates day by day
Enviro Infra Engineers IPO Market Lot:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 101 | ₹14,948 |
| Retail (Max) | 13 | 1313 | ₹194,324 |
| S-HNI (Min) | 14 | 1,414 | ₹209,272 |
| S-HNI (Max) | 66 | 6,666 | ₹986,568 |
| B-HNI (Min) | 67 | 6,767 | ₹1,001,516 |
Enviro Infra Engineers IPO Date, Allotment & Listing:
| Enviro Infra Engineers IPO Opening Date: | November 22, 2024 |
| Enviro Infra Engineers IPO Closing Date: | November 26, 2024 |
| Basis of Allotment: | November 27, 2024 |
| Initiation of Refunds: | November 27, 2024 |
| Credit to Demat Account: | November 28, 2024 |
| Listing Date: | November 29, 2024 |
Enviro Infra Engineers Limited Financial Information (Restated)
Enviro Infra Engineers Limited’s revenue increased by 116% and profit after tax (PAT) rose by 101% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 812.87 | 761.19 | 347.58 | 148.27 | ||||||||||||||||||||||||||||||||||||
| Revenue | 207.46 | 738 | 341.66 | 225.62 | ||||||||||||||||||||||||||||||||||||
| Profit After Tax | 30.78 | 110.54 | 54.98 | 34.55 | ||||||||||||||||||||||||||||||||||||
| Net Worth | 323 | 292.18 | 126.51 | 71.62 | ||||||||||||||||||||||||||||||||||||
| Reserves and Surplus | 186.29 | 155.51 | 101.11 | 69.31 | ||||||||||||||||||||||||||||||||||||
| Total Borrowing | 305.59 | 233.59 | 64.54 | 18.11 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
KPI as of June 30, 2024.
| KPI | Values |
|---|---|
| ROE | 10.07% |
| ROCE | 8.24% |
| Debt/Equity | 0.95 |
| RoNW | 9.53% |
| PAT Margin (%) | 15 |
Objects of the Issue (Enviro Infra Engineers IPO Objectives)
The Company proposes to utilize the Proceeds from the Fresh Issue towards funding the following objectives:
- To meet the Working Capital Requirements;
- Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (EIEL Mathura) to build 60 MLD STP under the project titled ‘Mathura Sewerage Scheme” at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode;
- Repayment/prepayment in full or in part, of certain of our outstanding borrowings; and
- Funding inorganic growth through unidentified acquisitions and general corporate purposes.
Enviro Infra Engineers IPO ALLOTMENT STATUS
How to Apply for Enviro Infra Engineers IPO?
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How to Apply Enviro Infra Engineers IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Enviro Infra Engineers”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Enviro Infra Engineers IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Enviro Infra Engineers”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
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IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Enviro Infra Engineers IPO?
Enviro Infra Engineers IPO is a main-board initial public offering of 43,948,000 Equity shares of the face value of ₹-10 aggregating up to ₹650.43 Crores. The issue price of the IPO is ₹140 to ₹148 Per Equity Share. The minimum order quantity is 101 Shares per application and the offer type is Book Built Issue. The IPO opens on November 22, 2024 and closes on November 26, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Enviro Infra Engineers IPO opens on November 22, 2024 and closes on November 26, 2024
How to apply for Enviro Infra Engineers IPO?
You can apply in Enviro Infra Engineers IPO online using either UPI or ASBA as payment method .Hem Securities Limited is the book running lead manager of the Enviro Infra Engineers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
When Enviro Infra Engineers IPO allotment?
The finalization of Basis of Allotment for Enviro Infra Engineers IPO will be done on November 27, 2024 and the allotted shares will be credited to your demat account by November 28, 2024
Check the Enviro Infra Engineers IPO allotment status.
When is Enviro Infra Engineers IPO listing date?
The Enviro Infra Engineers IPO listing date is not yet announced. The tentative date of Enviro Infra Engineers IPO listing is November 29, 2024.
What is the lot size of Enviro Infra Engineers IPO?
Enviro Infra Engineers lot size is 101 Shares and the minimum order quantity is 1 Share.