Enviro Infra Engineers IPO
Open MainLineCurrent GMP
₹57 (+38.51%)
Price Band
₹ 140 – 148
Lot Size
101
Issue Size
₹650.43 Cr
Minimum Investment
₹14948 (101 Shares)
Listing Date
29 November 2024
Subscription
89.9x
About the Company
Enviro Infra Engineers Limited specializes in the design, construction, operation, and maintenance of Water and Wastewater Treatment Plants (WWTPs) and Water Supply Scheme Projects (WSSPs) for government authorities and bodies. Their projects include:
- WWTPs: Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs)
- WSSPs: Water Treatment Plants (WTPs), pumping stations, and pipeline networks for water supply.
The company installs Zero Liquid Discharge (ZLD) compliant treatment processes at most STPs and CETPs, allowing treated water to be used for horticulture, washing, refrigeration, and industrial processes. These projects are partly funded by central government schemes like AMRUT, NMCG, and JJM, with additional funding from state governments or Urban Local Bodies (ULBs).
Key Highlights:
- Successful Project Execution: Over the past 7 years, Enviro Infra has developed 28 WWTPs and WSSPs, including 22 projects with a capacity of 10 MLD (Million Liters per Day) and above.
- Order Book: As of June 30, 2024, the company has an order book valued at ₹1,90,628.06 lakhs, consisting of 21 ongoing projects.
- In-House Capabilities: The company has an in-house team of 180 engineers for design, engineering, and construction, supported by third-party consultants. This makes Enviro Infra self-reliant in project execution, including civil works.
- EPC & HAM Basis: Enviro Infra bids for and executes projects on an Engineering, Procurement, and Construction (EPC) or Hybrid Annuity Model (HAM) basis, often entering joint ventures for specific projects to meet technical or financial qualifications.
- Sustainable Development Focus: The company is integrating Waste to Energy initiatives, including the installation of solar power plants and Compressed Bio Gas (CBG) plants. These efforts contribute to environmental sustainability and help reduce their carbon footprint. Some ongoing projects, such as those in Jodhpur and Jaipur, are focusing on CBG production from STPs.
Future Initiatives:
- Sustainable Projects: Out of the 21 ongoing projects, 7 are designated as Sustainable Development Projects, aligning with industry trends towards eco-friendly and renewable energy solutions.
Enviro Infra's robust execution model, combined with government partnerships and sustainability initiatives, positions it as a key player in the water and wastewater treatment sector in India.
Promoters
- Sanjay Jain
- Manish Jain
- Ritu Jain
- Shachi Jain
Promoters Holding
Holding Pre Issue
93.66%
Holding Post Issue
72.70%
Objects of the Issue
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
- Funding inorganic growth through unidentified acquisitions and general corporate purposes.
Address / Contact Info
Enviro Infra Engineers Limited
Unit No 201, Second Floor, Plot No. B,
CSC/OCF-01, RG Metro Arcade, Sector -11,
Rohini, Delhi North West 110085
Phone: +91 11 4059 1549
Email: cs@eiepl.in
Website: http://www.eiel.in
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 22 November 2024
IPO Close Date
Tuesday, 26 November 2024
Basis of Allotment
Wednesday, 27 November 2024
Initiation of Refunds
Wednesday, 27 November 2024
Credit of Shares to Demat
Thursday, 28 November 2024
Listing Date
Friday, 29 November 2024 — NSE & BSE
Important Dates
Open Date
22 November 2024
Close Date
26 November 2024
Basis Of Allotment
27 November 2024
Listing Date
29 November 2024
Financial Performance (₹ in Crores)
| Particular | 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 |
| Reserve & Surplus | 186.29 | 155.51 | 101.11 | 69.31 |
| Total Borrowings | 305.59 | 233.59 | 64.54 | 18.11 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of June 30, 2024. |
|---|---|
| ROE % | 10.07 |
| ROCE % | 8.24 |
| Debt / Equity | 0.95 |
| RoNW % | 9.53 |
| PbW | 0 |
| Pat Margin % | 15 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 13154400 | 0 | 0 |
| Qualified Institutions | 8773992 | 0 | 0 |
| Non-Institutional | 6578518 | 0 | 0 |
| BNII | 4385678 | 0 | 0 |
| SNII | 2192839 | 0 | 0 |
| Retail Investors | 15349874 | 0 | 0 |
| Employees | 100000 | 0 | 0 |
| Total | 43948000 | 0 | 0 |
Subscription Status ( Tue, 26 Nov 24 01:18 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 8769600 | 1377255089 | 157.05x |
| Non-Institutional | 6577200 | 1011582367 | 153.8x |
| BNII | 4384800 | 780345291 | 177.97x |
| SNII | 2192400 | 231237076 | 105.47x |
| Retail Investors | 15346800 | 375714041 | 24.48x |
| Employees | 100000 | 3776794 | 37.77x |
| Total | 30793600 | 2768328291 | 89.9x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 101 | 14,948.00 |
| Retail (Max) | 13 | 1,313 | 194,324.00 |
| S-HNI (Min) | 14 | 1,414 | 209,272.00 |
| S-HNI (Max) | 66 | 6,666 | 986,568.00 |
| B-HNI (Min) | 67 | 6,767 | 1,001,516.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Hem Securities Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Enviro Infra Engineers IPO is a Book-building IPO worth ₹650.43 crores. The price band is ₹140 to 148 per share. The IPO opens on Fri, Nov 22, 2024 and closes on Tue, Nov 26, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Enviro Infra Engineers IPO opens on Fri, Nov 22, 2024 and closes on Tue, Nov 26, 2024
Enviro Infra Engineers IPO Price Band is ₹140 to 148.
Enviro Infra Engineers IPO lot size is 101, and the minimum amount required for application is ₹14948.
The minimum investment for Enviro Infra Engineers IPO is approximately ₹14948 based on the upper price band.
To apply for the Enviro Infra Engineers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Nov 26, 2024. After submission, funds are blocked until the basis of allotment of Enviro Infra Engineers IPO is finalised.
Enviro Infra Engineers IPO issue size is ₹650.43 crores.
Enviro Infra Engineers IPO allotment date is Sat, Jun 27, 2026.
The registrar for Enviro Infra Engineers IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Enviro Infra Engineers IPO through their official website or helpline.
The Enviro Infra Engineers IPO GMP (Grey Market Premium) is ₹57 as of Fri, Nov 29, 2024. Based on the upper price band of ₹148 per share, the estimated Enviro Infra Engineers IPO listing price is ₹205, indicating a potential listing gain of approximately 31% over the issue price.