Enviro Infra Engineers IPO vs Suraksha Diagnostic IPO

Comparision between Enviro Infra Engineers IPO and Suraksha Diagnostic IPO.

IPO Details

Enviro Infra Engineers IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Suraksha Diagnostic IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Enviro Infra Engineers IPO	Suraksha Diagnostic IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Hem Securities Limited	ICICI Securities Limited Nuvama Wealth Management Limited SBI Capital Markets Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL

Issue Size and Price

The total issue size of Enviro Infra Engineers IPO is up to ₹650.43 Cr whereas the issue size of the Suraksha Diagnostic IPO is up to ₹846.25 Cr. The final issue price of Enviro Infra Engineers IPO is ₹148.00 per share and of Suraksha Diagnostic IPO is .

	Enviro Infra Engineers IPO	Suraksha Diagnostic IPO
Face Value	₹10 per share	₹2 per share
Issue Price (Lower)	₹140.00 per share	₹420.00 per share
Issue Price (Upper)	₹148.00 per share	₹441.00 per share
Issue Price (Final)	₹148.00 per share
Discount (Retail)
Discount (Employee)	₹13.00 per share
Market Lot Size	101 shares	34 shares
Fresh Issue Size	3,86,80,000 shares
Fresh Issue Size (Amount)	up to ₹572.46 Cr
OFS Issue Size	52,68,000 shares	1,91,89,330 shares
OFS Issue Size (Amount)	up to ₹77.97 Cr	up to ₹846.25 Cr
Issue Size Total	4,39,48,000 shares	1,91,89,330 shares
Issue Size Total (Amount)	up to ₹650.43 Cr	up to ₹846.25 Cr

IPO Timetable

Enviro Infra Engineers IPO opens on Nov 22, 2024, while Suraksha Diagnostic IPO opens on Nov 29, 2024. The closing date of Enviro Infra Engineers IPO and Suraksha Diagnostic IPO is Nov 26, 2024, and Dec 03, 2024, respectively.

	Enviro Infra Engineers IPO	Suraksha Diagnostic IPO
Anchor Bid Date	Nov 21, 2024	Nov 28, 2024
Issue Open	Nov 22, 2024	Nov 29, 2024
Issue Close	Nov 26, 2024	Dec 03, 2024
Basis Of Allotment (Tentative)	Nov 27, 2024	Dec 04, 2024
Initiation of Refunds (Tentative)	Nov 27, 2024	Dec 05, 2024
Credit of Share (Tentative)	Nov 28, 2024	Dec 05, 2024
Listing date (Tentative)	Nov 29, 2024	Dec 06, 2024
Anchor Lockin End date 1	Dec 27, 2024	Jan 03, 2025
Anchor Lockin End date 2	Feb 25, 2025	Mar 04, 2025

Financials

Enviro Infra Engineers IPO P/E ratio is 18.32, as compared to Suraksha Diagnostic IPO P/E ratio of 99.31.

Enviro Infra Engineers IPO

Suraksha Diagnostic IPO

Financial

Enviro Infra Engineers Limited Financial Information (Restated Consolidated)

Enviro Infra Engineers Limited's revenue increased by 116% and profit after tax (PAT) rose by 101% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	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
Reserves and Surplus	186.29	155.51	101.11	69.31
Total Borrowing	305.59	233.59	64.54	18.11
Amount in ₹ Crore

Suraksha Diagnostic Limited Financial Information (Restated Consolidated)

Suraksha Diagnostic Limited's revenue increased by 14.75% and profit after tax (PAT) rose by 281.32% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended	30 Jun 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	314.20	300.21	281.20	275.96
Revenue	61.85	222.26	193.69	225.77
Profit After Tax	7.67	23.13	6.07	20.82
Net Worth	187.05	179.41	155.93	145.84
Reserves and Surplus	176.80	170.88	147.40	137.31
Total Borrowing	7.57	8.64	14.01	19.03
Amount in ₹ Crore

Promoter Shareholding (Pre-Issue)

93.66%

61.07%

Promoter Shareholding (Post-Issue)

P/E Ratio

18.32

99.31

Market Cap

₹2597.84 Cr.

ROE

51.68%%

14.09%%

ROCE

32.34%%

21.46%%

Debt/Equity

0.8

0.2

EPS

₹8.08

₹4.44

RoNW

37.83%%

14.09%%

Shares Offered

In the Enviro Infra Engineers IPO retail investors (RII) are offered 1,53,46,800 shares while in Suraksha Diagnostic IPO retail investors are offered 1,53,46,800 shares. Qualified institutional buyers (QIB) are offered 87,69,600 shares in Enviro Infra Engineers IPO and in Suraksha Diagnostic IPO.

	Enviro Infra Engineers IPO	Suraksha Diagnostic IPO
Anchor Investor Reserveration	1,31,54,400 shares
Market Maker Reserveration
QIB	87,69,600 shares
NII	65,77,200 shares
RII	1,53,46,800 shares
Employee	1,00,000 shares
Others
Total	3,07,93,600 shares

Bids Received (Subscription)

Enviro Infra Engineers IPO subscribed 89.90x in total, whereas Suraksha Diagnostic IPO subscribed .

	Enviro Infra Engineers IPO	Suraksha Diagnostic IPO
QIB (times)	157.05x
NII (times)	153.80x
Big NII (times)	177.97x
Small NII (times)	105.47x
RII (times)	24.48x
Employee (times)	37.77x
Other (times)
Total (times)	89.90x

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