Enviro Infra Engineers Limited IPO has opened for subscription on 22 November 2024 and will be open until 26 November. Enviro Infra Engineers IPO is a mainboard IPO that is looking to raise around ₹ 650.43 crores a mix of from fresh issue of 3.87 crore shares amounting to ₹ 572.46 crore and an offer for sale of 0.53 crore shares amounting to ₹ 77.97 crore.
The allotment for the Enviro Infra Engineers Ltd. IPO is expected to be announced on Wednesday, 27 November 2024. Enviro Infra Engineers will be listed on NSE and BSE on Friday, 29 November 2024 as finalized yet.
The price band decided for the Enviro Infra Engineers IPO is between ₹140 and ₹148 per share. The minimum ipo lot size of 101 shares for each application. The minimum investment by a retail investor has to be ₹ 14948. For sNIIs, the minimum number of lots to be purchased is 14 lots, which amounts to a minimum investment of ₹ 209727. The bNIIs must subscribe for at least 67 lots, which will amount to ₹ 1001516.
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Enviro Infra Engineers NSE & BSE IPO Details
| Detail | Information |
| IPO Opening Date | November 22, 2024 |
| IPO Closing Date | November 26, 2024 |
| Tentative IPO Listing Date | November 29, 2024 |
| Face Value | ₹10 per share |
| Price Range | ₹140 to ₹148 per share |
| Lot Size | 101 shares |
| Total Issue Size | 43948000 shares (₹650.43 Cr) |
| Fresh Issue | 38680000 shares (₹572.46 Cr) |
| Offer For Sale (OFS) | 5268000 shares (₹ 77.97 Cr) |
| IPO Segment | Book Built Issue |
| Listing At | NSE & BSE |
| Shareholding Pre-Issue | 136850000 shares |
| Shareholding Post-issue | 175530000 shares |
Enviro Infra Engineers Limited | Company Overview
Enviro Infra Engineers Limited was founded in the year 2009, and deals in the construction, designing, operations, and maintenance of different water projects. It takes care of waste-water treatment plants (WWTPs), and the government’s water supply projects (WSPs) as well. Under the WWTPs, there are sewage treatment plants, sewerage schemes, common effluent treatment plants, and others, which Enviro Infra takes care of.
Then under the WSPs, there are water treatment plants along with pumping stations, pipelines development for water supply, and other operations. Enviro takes care of the entire project and also maintains them.
As of 30 June 2024, Enviro Infra Engineers Limited completed 28 WWTPs and WSPs across different states in the country in the past seven years. It also includes 22 projects of 10 MLD capacity and above.
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Enviro Infra Engineers Limited IPO | Key Details
- Enviro Infra Engineers IPO Opening Date: November 22, 2024,
- Enviro Infra Engineers IPO Closing Date: November 26, 2024,
- Allotment Date: November 27, 2024
- Price Band: ₹140 to ₹148 per share
- Lot Size: 101 shares
- Refunds Initiated: November 27, 2024
- Shares Credited to Demat: November 28, 2024
- Listing Date: November 29, 2024
Enviro Infra Engineers Ltd: Financial Overview
Enviro Infra Engineers Ltd. has witnessed a whopping rise in revenue in FY24 by 116%, while its PAT also increased by 101%. However, its total borrowing also increased that too massively in FY24 by 262%, which is a bit of concern.
*All amounts are expressed in ₹ Crore
| Financial Information | 31 Mar 2024 | 31 Mar 2023 | Change (31 Mar’23 – 31 Mar’24) | Change (%) |
| Assets | 761.19 | 347.58 | 413.61 | 118.9971 |
| Revenue | 738 | 341.66 | 396.34 | 116.0042 |
| Profit After Tax | 110.54 | 54.98 | 55.56 | 101.0549 |
| Net Worth | 292.18 | 126.51 | 165.67 | 130.9541 |
| Reserves and Surplus | 155.51 | 101.11 | 54.4 | 53.80279 |
| Total Borrowing | 233.59 | 64.54 | 169.05 | 261.9306 |
FAQs | Enviro Infra Engineers Ltd IPO
Enviro Infra Engineers Ltd is engaged in designing, operating, constructing, and maintaining water projects across India. It deals in waste-water treatment plant development and maintenance, along with water supply project development and maintenance.
The tentative IPO listing date of Enviro Infra Engineers has been fixed as Friday, November 29, 2024.
The bidding date for the Enviro Infra Engineers IPO is November 22, 2024, and it will continue until November 26, 2024.
The minimum IPO lot size for Enviro Infra Engineers is 101 shares. For sNII and bNII, the minimum number of lots to be subscribed is 14 and 67 lots.
The IPO allotment is expected to be finalized on Wednesday, November 27, 2024
The IPO face value is set at ₹10 per share.
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