Envirotech Systems IPO Details
The Envirotech Systems IPO is a book build issue with a total issue size of ₹30.24 cr, comprising of fresh issue of 5400000 equity shares. Envirotech Systems IPO opened for subscription on Sep 13, 2024 and closed on Sep 19, 2024. Envirotech Systems IPO is set price band at ₹53 to ₹56 per share, with a lot size of 2000 shares. Minimum investment for Retail investors was ₹224,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 20, 2024, and listed on the NSE on Sep 24, 2024.
Bigshare Services Pvt Ltd has been appointed as the registrar. Share India Capital Services Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Envirotech Systems IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 53 – 56
- Lot Size
- 2000
- Issue Size
- ₹30.24 Cr
- Minimum Investment
- ₹224000 (4000 Shares)
- Listing Date
- 24 September 2024
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Envirotech Systems Limited
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.
Envirotech Systems IPO Promoters
Promoters of the company.
- Manoj Kumar Gupta
- Sindhu Gupta
Promoters Holding
Holding Pre Issue
96.48%
Holding Post Issue
68.75%
Envirotech Systems IPO Objective
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
Book Running Lead Managers
- Share India Capital Services Private Limited
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 with a total issue size of ₹30.24 crore. The Envirotech Systems IPO price band is ₹53 to 56 per share. The Envirotech Systems IPO subscription opens on Fri, Sep 13, 2024, and closes on Thu, Sep 19, 2024. The Envirotech Systems IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Envirotech Systems IPO.
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 per share.
Envirotech Systems IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹224000 based on the upper price band
The minimum investment for Envirotech Systems IPO is ₹224000, based on one lot of 2000 shares at the upper price band of ₹56 per share.
Investors can apply for the Envirotech Systems 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 Thu, Sep 19, 2024. The application amount remains blocked until the Envirotech Systems IPO allotment is finalized.
Envirotech Systems IPO issue size is ₹30.24 crores.
Envirotech Systems IPO allotment date is Wed, Jul 1, 2026.
The registrar for Envirotech Systems IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Envirotech Systems IPO allotment status, refund processing, and other IPO-related information.
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 0% over the issue price.