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20 Nov 2024
Enviro Infra Engineers Limited IPO
Enviro Infra Engineers Limited, founded in 2009, specializes in the design, construction, operation and maintenance of water and wastewater treatment plants (WWTPs) as well as water supply projects (WSSPs) for government agencies and entities. The company's WWTPs include Sewage Treatment Plants (STPs), Sewerage Schemes (SS) and Common Effluent Treatment Plants (CETPs), while it's WSSPs encompass Water Treatment Plants (WTPs), pumping stations and the installation of water supply pipelines.
Enviro Infra participates in tenders issued by state governments and urban local bodies (ULBs) to develop WWTPs and WSSPs, typically on an Engineering, Procurement and Construction (EPC) or Hybrid Annuity Model (HAM) basis.
Enviro Infra Engineers IPO Overview
- ● Total Issue Size: ₹650.43 crores
- ○ Fresh Issue: ₹572.46 crores (3.87 crore shares)
- ○ Offer for Sale: ₹77.97 crores (0.53 crore shares)
- ● Price Band: ₹140 to ₹148 per share
- ● Subscription Period:
- ○ Opens: November 22, 2024
- ○ Closes: November 26, 2024
- ● Minimum Lot Size: 101 shares
- ● Lead Managers: Hem Securities Limited
- ● Registrar: Bigshare Services Pvt Ltd
WHAT IS GMP?
GMP (Grey Market Premium) differs between the IPO and grey market prices. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs, reflecting how the IPO would react on the listing day.
A grey market is where shares/stocks are traded before being listed officially on the stock exchange.
Enviro Infra Engineers Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | 148 | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Enviro Infra Engineers IPO Details
| Detail | Description |
|---|---|
| IPO Date | November 22, 2024 to November 26, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹140 to ₹148 per share |
| Lot Size | 101 Shares |
| Total Issue Size | 43,948,000 shares (aggregating up to ₹650.43 Cr) |
| Fresh Issue | 38,680,000 shares (aggregating up to ₹572.46 Cr) |
| Offer for Sale | 5,268,000 shares of ₹10 (aggregating up to ₹77.97 Cr) |
| Employee Discount | Rs 13 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre issue | 136,850,000 |
| Shareholding post issue | 175,530,000 |
Enviro Infra Engineers IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Friday, November 22, 2024 |
| IPO Close Date | Tuesday, November 26, 2024 |
| Basis of Allotment | Wednesday, November 27, 2024 |
| Initiation of Refunds | Wednesday, November 27, 2024 |
| Credit of Shares to Demat | Thursday, November 28, 2024 |
| Listing Date | Friday, November 29, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 26, 2024 |
Enviro Infra Engineers IPO Lot Size
| 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 Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Enviro Infra Engineers IPO Promoter Holding
| Share Holding Pre Issue | 93.66% |
| Share Holding Post Issue | - |
Competitive Strength:
- ● 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.
Enviro Infra Engineers Limited Financial Information
| Period Ended | 30 June 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 | Values |
|---|---|
| ROE | 10.07% |
| ROCE | 8.24% |
| Debt/Equity | 0.95 |
| RoNW | 9.53% |
| P/BV | 6.27 |
| PAT Margin (%) | 15 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.08 | 7.01 |
| P/E (x) | 18.32 | 21.1 |
Enviro Infra Engineers IPO Objectives:-
-
The Company proposes to utilize the Proceeds from the Fresh Issue towards funding the following objectives:
- 1. To meet the Working Capital Requirements.
- 2. 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.
- 3. Repayment/prepayment in full or in part, of certain of our outstanding borrowings.
- 4. Funding inorganic growth through unidentified acquisitions and general corporate purposes.
Enviro Infra Engineers IPO FAQs
-
What is Enviro Infra Engineers IPO?
Enviro Infra IPO is a main-board IPO. The company is going to raise ₹650 Crores via IPO. The issue is priced at ₹140 to ₹148 per equity share. The IPO is to be listed on BSE & NSE.
-
When will the Enviro Infra Engineers IPO open for subscription?
The IPO is to open on 22 November 2024 for QIB, NII and Retail Investors. The IPO will close on 26 November 2024.
-
What is Enviro Infra Engineers IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15% and Retail is 35%.
-
What is Enviro Infra Engineers IPO Issue Size?
Enviro Infra IPO issue size is ₹650 crores.
-
What is Enviro Infra Engineers IPO Price Band?
Enviro Infra IPO Price Band is ₹140 to ₹148.
-
What is Enviro Infra Engineers IPO Lot Size?
The minimum bid is 101 Shares with ₹14,948 amount.
-
What is the Enviro Infra Engineers IPO Allotment Date?
Enviro Infra IPO allotment date is 27 November 2024.
-
What is the Enviro Infra Engineers IPO Listing Date?
Enviro Infra IPO listing date is 29 November 2024. The IPO is to be listed on BSE & NSE.
-
What is Enviro Infra Engineers current GMP?
The current GMP of the Enviro Infra is ---.
DRHP:
DRHP of Enviro Infra Engineers Limited IPO
RHP:
RHP of Enviro Infra Engineers Limited IPO
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