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Enviro Infra Engineers Limited IPO GMP, Date, Price Band & Review

Enviro Infra Engineers IPO is a main-board IPO equity shares with a face value of ₹10 each; IPO open from November 22 to 26, 2024, price band of ₹140 to ₹148 per share, lot size of 101 shares.

IPO Details
Enviro Infra Engineers Limited IPO

Enviro Infra Engineers Limited IPO

Enviro Infra Engineers Limited IPO Details

DetailDescription
IPO DateNovember 26, 2024 to November 28, 2024
Listing Date[.]
Face Value₹ 10 per share
Price₹ 125 to ₹ 130 per share
Lot Size1,000 Shares
Total Issue Size19,00,000 shares (aggregating up to ₹ 24.70 Cr)
Fresh Issue19,00,000 shares (aggregating up to ₹ 24.70 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Shareholding pre issue51,33,500
Shareholding post issue70,33,500
Market Maker portion1,41,000 shares

About 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 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 Limited IPO Financial Information

Latest Revenue

207.46

₹ Crore

Profit After Tax

30.78

₹ Crore

Net Worth

323

₹ Crore

Total Borrowing

305.59

₹ Crore

Period EndedAssetsRevenue From OperationsProfit After TaxNet WorthTotal Borrowing
30 June 2024812.87207.4630.78323305.59
31 Mar 2024761.19738110.54292.18233.59
31 Mar 2023347.58341.6654.98126.5164.54
31 Mar 202231 Mar 2022225.6234.5571.6218.11
Amount in ₹ Crore

Enviro Infra Engineers Limited Key Performance Indicator

KPIValues
ROE10.07%
ROCE8.24%
Debt/Equity0.95
RoNW9.53%
P/BV6.27
PAT Margin (%)15
Pre IPOPost IPO
EPS (Rs)8.087.01
P/E (x)18.3221.1

Frequently Asked Questions

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.
The IPO is to open on 22 November 2024 for QIB, NII and Retail Investors. The IPO will close on 26 November 2024.
The investors’ portion for QIB is 50%, NII is 15% and Retail is 35%.
Enviro Infra IPO issue size is ₹650 crores.
Enviro Infra IPO Price Band is ₹140 to ₹148.
The minimum bid is 101 Shares with ₹14,948 amount.
Enviro Infra IPO allotment date is 27 November 2024.
Published By
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Competitive Strengths

1

In-house design, engineering, and execution team.

2

Growing presence in existing regions with new projects.

3

Diversified order book of projects across India.

4

In-house execution capabilities with on-time delivery and an established track record of consistently increasing eligibility for high-value project tenders.

5

Use of advanced technologies in the construction and installation of WWTPs or WSSPs.

6

Experienced promoters and senior management team.

7

Consistent financial performance.

Official Documents

Download regulatory filings

Enviro Infra Engineers Limited IPO Timeline

IPO Open DateTuesday, November 26, 2024
IPO Close DateThursday, November 28, 2024
Basis of AllotmentFriday, November 29, 2024
Initiation of RefundsFriday, November 29, 2024
Credit of Shares to DematMonday, December 2, 2024
Listing DateTuesday, December 3, 2024
Cut-off time for UPI mandate confirmation5 PM on November 28, 2024

IPO Lot Size

InvestorsNo.of lotsShares OfferedMax Bid Amount
Retail (Min)11000₹130,000
Retail (Max)11000₹130,000
HNI (Min)22,000₹260,000