Envirotech Systems IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 53 – 56
Lot Size
2000
Issue Size
₹30.24 Cr
Minimum Investment
₹224000 (4000 Shares)
Listing Date
24 September 2024
Subscription
91.88x
About the Company
Incorporated in 2007, Envirotech Systems Limited is a leading manufacturer of acoustic products, specializing in noise measurement and control solutions for industrial and commercial applications. Envirotech Systems specializes in designing and supplying custom enclosures for noise reduction in machinery and mechanical equipment, suitable for both indoor and outdoor use. The company’s product range includes Noise Test Booths, Engine Test Room Acoustics, Anechoic and Semi-Anechoic Chambers, Acoustic Enclosures, Envirotech Noise Barriers, Polycarbonate Noise Barriers, Metallic Noise Barriers, Echo Barriers, Acoustic Louvers, and Envirotech Metal Doors.
The company provides its services across India and has a proven track record of successful projects in industries such as oil and gas, manufacturing, power generation, cement and steel, automotive, and construction.
Promoters
Promoters of the company.
- Manoj Kumar Gupta
- Sindhu Gupta
Promoters Holding
Holding Pre Issue
96.48%
Holding Post Issue
68.75%
Objects of the Issue
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Purchase Land and Building for setting up factory
- Funding of working capital requirements of the Company
- General Corporate Expenses
Address / Contact Info
Envirotech Systems Limited
A-29, Block-A,Shyam Vihar Phase-I,
New Delhi - 110043
Phone: +0120-4337633
Email: cs@envirotechltd.com
Website: https://www.envirotechltd.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 13 September 2024
IPO Close Date
Thursday, 19 September 2024
Basis of Allotment
Friday, 20 September 2024
Initiation of Refunds
Monday, 23 September 2024
Credit of Shares to Demat
Monday, 23 September 2024
Listing Date
Tuesday, 24 September 2024 — NSE & BSE
Important Dates
Open Date
13 September 2024
Close Date
19 September 2024
Basis Of Allotment
20 September 2024
Listing Date
24 September 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 3867.47 | 2275.73 | 1386.51 |
| Revenue | 4687.95 | 2874.78 | 1849.54 |
| Profit After Tax | 1142.88 | 257.34 | 105.73 |
| Net Worth | 1960.62 | 661.73 | 404.4 |
| Reserve & Surplus | 621.62 | 611.73 | 354.4 |
| Total Borrowings | 240.5 | 260.67 | 276.61 |
EPS Pre
8.54%
EPS Post
6.08%
P/E Pre
6.56
P/E (Post Issue)
9.21x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 58.29 |
| ROCE % | 62.43 |
| Debt / Equity | 0 |
| RoNW % | 58.29 |
| PbW | 3.83 |
| Pat Margin % | 24.72 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 1406000 | 26.04 | 0 |
| Market Maker | 702000 | 13 | 0 |
| Qualified Institutions | 940000 | 17.41 | 0 |
| Non-Institutional | 706000 | 13.07 | 0 |
| Retail Investors | 1646000 | 30.48 | 0 |
| Total | 5400000 | 100 | 0 |
Subscription Status ( Thu, 19 Sep 24 01:24 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 940000 | 64030000 | 68.12x |
| Non-Institutional | 706000 | 132826000 | 188.14x |
| Retail Investors | 1646000 | 105614000 | 64.16x |
| Total | 3292000 | 302470000 | 91.88x |
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 | 2,000 | 112,000.00 |
| Retail (Max) | 1 | 2,000 | 112,000.00 |
| S-HNI (Min) | 2 | 4,000 | 224,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Share India Capital Services Private 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.
Envirotech Systems IPO is a Book-building IPO worth ₹30.24 crores. The price band is ₹53 to 56 per share. The IPO opens on Fri, Sep 13, 2024 and closes on Thu, Sep 19, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Envirotech Systems IPO opens on Fri, Sep 13, 2024 and closes on Thu, Sep 19, 2024
Envirotech Systems IPO Price Band is ₹53 to 56.
Envirotech Systems IPO lot size is 2000, and the minimum amount required for application is ₹224000.
The minimum investment for Envirotech Systems IPO is approximately ₹224000 based on the upper price band.
To apply for the Envirotech Systems 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 Thu, Sep 19, 2024. After submission, funds are blocked until the basis of allotment of Envirotech Systems IPO is finalised.
Envirotech Systems IPO issue size is ₹30.24 crores.
Envirotech Systems IPO allotment date is Sat, Jun 27, 2026.
The registrar for Envirotech Systems 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 Envirotech Systems IPO through their official website or helpline.
The Envirotech Systems IPO GMP (Grey Market Premium) is ₹0 as of Tue, Sep 24, 2024. Based on the upper price band of ₹56 per share, the estimated Envirotech Systems IPO listing price is ₹56, indicating a potential listing gain of approximately 31% over the issue price.