Enviro Infra Engineers Limited

CLOSED

IPO Date: 22 Nov - 26 Nov 2024

Listing Date: 29 Nov 2024

Price Range

₹140 to ₹148 per share

Issue Size

Cr

Min Investment

14,140

Lot Size

101 Shares

Schedule of Enviro Infra Engineers Limited

Issue open date

22 Nov 2024

Issue close date

26 Nov 2024

UPI mandate deadline

26 Nov 2024 (5 PM)

Allotment finalization

27 Nov 2024

Share credit

28 Nov 2024

Listing date

29 Nov 2024

Mandate end date

11 Dec 2024

Issue size

Funds Raised in the IPOAmount
Overall Cr
Fresh Issue0 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date27 Nov 2024
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
11 Dec 202414867215 (45%)
10 Dec 202414844192 (30%)

Performance Enviro Infra Engineers Limited

Issue PriceListing GainCurrent Market PriceP/L
₹140 to ₹148 per share 454 (39.91%) 208.2340.70%

About Enviro Infra Engineers Limited

Enviro Infra Engineers Limited was established in 2009 and is engaged in the design, construction, operation, and maintenance of water and Waste-Water Treatment Plants (WWTPs) and water supply projects (WSSPs) for government agencies/entities. WWTPs include Sewage Treatment Plants (STPs), Sewerage Schemes (SS), and Common Effluent Treatment Plants (CETPs) while WSSPs include Water Treatment Plants (WTPs) along with pumping stations and the laying of pipelines for water supply.The company participates in tenders floated by state governments and ULBs for developing WWTPs and WSSPs on an EPC or HAM basis. Till June 30, 2024, the Company has successfully developed 28 WWTPs and WSSPs across India in the last seven (7) years, including 22 projects of 10 MLD capacity and above.Competitive strengths:- In-house design, engineering, and execution team.- Growing presence in existing regions with new projects.- Diversified order book of projects across India.- In-house execution capabilities with on-time delivery and an established track record of consistently increasing eligibility for high-value project tenders.- Use of advanced technologies in the construction and installation of WWTPs or WSSPs.- Experienced promoters and senior management team.- Consistent financial performanceThe company has an in-house team for designing, engineering, and construction. The company has a team of 180 engineers supported by external consultants and industry experts.

Founded in2009
Managing director
Parent organization

Financial Overview

Strengths

    Risks

      Subscription Figures

      CategorySubscription (No. of times)
      Qualified Institutional Buyers (QIBs)157.05
      Non-Institutional Investors (NIIs)153.8
      Retail Individual Investors (RIIs)24.48
      Employee37.77
      Total89.9