Enviro Infra Engineers IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Fri, 22 Nov 2024
Close Date
Tue, 26 Nov 2024
Price Band
₹ 140 – 148
Lot Size
101
Issue Size
₹ 650.43 Cr
Minimum Investment
₹ 14,948 (101 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Enviro Infra Engineers IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹650.43 Crore, comprising a fresh issue of 3.87 Crore equity shares aggregating to ₹572.46 Crore and an offer for sale (OFS) of 52.68 Lakh equity shares aggregating to ₹77.97 Crore by the existing shareholders.
The Enviro Infra Engineers IPO remained open for subscription from November 22, 2024, to November 26, 2024. The basis of allotment was finalized on November 27, 2024, and the company's shares were listed on the NSE and BSE on November 29, 2024.
The company had fixed the price band at ₹140 to ₹148 per share, with a lot size of 101 shares. Retail investors were required to make a minimum investment of ₹14,948 (based on the upper price band) to apply for one lot.
The IPO also included a reservation of 100,000 equity shares for eligible employees, who received a discount of ₹13 per share.
Bigshare Services Pvt Ltd served as the registrar to the issue. Hem Securities Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Enviro Infra Engineers Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Enviro Infra Engineers IPO Timeline (Tentative)
- IPO Open Date
- Fri, 22 Nov 24
- IPO Close Date
- Tue, 26 Nov 24
- Basis of Allotment
- Wed, 27 Nov 24
- Initiation of Refunds
- Wed, 27 Nov 24
- Credit of Shares to Demat
- Thu, 28 Nov 24
- Listing Date
- Fri, 29 Nov 24 — NSE & BSE
Open Date
22 November 2024
Close Date
26 November 2024
Basis Of Allotment
27 November 2024
Listing Date
29 November 2024
IPO Subscription
Check Live Subscription →The Enviro Infra Engineers IPO has received bids for 2,76,83,28,291 shares against 3,07,93,600 shares offered, resulting in an overall subscription of 89.9x. the NII category is subscribed 153.8x, Retail Investors 24.48x, Employees 37.77x, and QIBs 157.05x. Within the NII category, BNII is subscribed 177.97x, while SNII is subscribed 105.47x.
QIB
157.05x
NII
153.8x
BNII
177.97x
SNII
105.47x
RII
24.48x
EMP
37.77x
Total
89.9x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,53,49,874 shares, representing 0% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 87,73,992 shares (0%), while Non-Institutional Investors (NIIs) receive 65,78,518 shares (0%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 13,154,400 | 0% |
| Qualified Institutions | 8,773,992 | 0% |
| Non-Institutional | 6,578,518 | 0% |
| BNII | 4,385,678 | 0% |
| SNII | 2,192,839 | 0% |
| Retail Investors | 15,349,874 | 0% |
| Employees | 100,000 | 0% |
| Total | 43,948,000 | 0% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Enviro Infra Engineers Limited KPI Information
| Particular | KPI as of June 30, 2024. |
|---|---|
| ROE % | 10.07 |
| ROCE % | 8.24 |
| Debt / Equity | 0.95 |
| RoNW % | 9.53 |
| Pat Margin % | 15 |
Peers Comparison
No Peer Comparision Available
About Enviro Infra Engineers Limited
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.
Enviro Infra Engineers IPO Promoters
- Sanjay Jain
- Manish Jain
- Ritu Jain
- Shachi Jain
Promoters Holding
Holding Pre Issue
93.66%
Holding Post Issue
72.70%
Enviro Infra Engineers IPO Objective
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.
Enviro Infra Engineers Limited Address / Contact Details
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
Enviro Infra Engineers IPO Lot Size
The Enviro Infra Engineers IPO has a lot size of 101 shares. Retail investors require a minimum investment of ₹14,948 by applying for 1 lot (101 shares). The maximum application allowed for the retail category is 13 lots (1,313 shares), requiring an investment of ₹1,94,324.
| 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 |
Issue Reservation
Book Running Lead Managers
- Hem Securities Limited
IPO Documents & Links
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Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Enviro Infra Engineers IPO?
Enviro Infra Engineers IPO is a Book-building IPO with a total issue size of ₹650.43 crore. The Enviro Infra Engineers IPO price band is ₹140 to 148 per share. The Enviro Infra Engineers IPO subscription opens on Fri, Nov 22, 2024, and closes on Tue, Nov 26, 2024. The Enviro Infra Engineers IPO will be listed on the BSE,NSE. Bigshare Services Pvt Ltd is the registrar for the Enviro Infra Engineers IPO.
When will the Enviro Infra Engineers IPO open for subscription?
The Enviro Infra Engineers IPO opens on Fri, Nov 22, 2024 and closes on Tue, Nov 26, 2024
What is Enviro Infra Engineers IPO Price Band?
Enviro Infra Engineers IPO Price Band is ₹140 to 148 per share.
What is Enviro Infra Engineers IPO Lot Size?
Enviro Infra Engineers IPO lot size is 101 shares, Retail investors need a minimum investment of ₹14948 based on the upper price band
What is the minimum investment for Enviro Infra Engineers IPO?
The minimum investment for Enviro Infra Engineers IPO is ₹14948, based on one lot of 101 shares at the upper price band of ₹148 per share.
How to apply for Enviro Infra Engineers IPO?
Investors can apply for the Enviro Infra Engineers IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Nov 26, 2024. The application amount remains blocked until the Enviro Infra Engineers IPO allotment is finalized.
What is Enviro Infra Engineers IPO Issue Size?
Enviro Infra Engineers IPO issue size is ₹650.43 crores.
What is the Enviro Infra Engineers IPO Allotment Date?
Enviro Infra Engineers IPO allotment date is Wed, Nov 27, 2024.
Who is the Enviro Infra Engineers IPO Registrar?
The registrar for Enviro Infra Engineers IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Enviro Infra Engineers IPO allotment status, refund processing, and other IPO-related information.
What is the Enviro Infra Engineers IPO GMP?
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 38.51% over the issue price.
Who is the Enviro Infra Engineers IPO Lead Manager?
The book-running lead managers (BRLMs) for the Enviro Infra Engineers IPO are Hem Securities Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Enviro Infra Engineers IPO Red Herring Prospectus (RHP).