Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Enviro Infra Engineers IPO is a book built issue of Rs 650.43 crores. The issue is a combination of fresh issue of 3.87 crore shares aggregating to Rs 572.46 crores and offer for sale of 0.53 crore shares aggregating to Rs 77.97 crores.
Enviro Infra Engineers IPO opens for subscription on November 22, 2024 and closes on November 26, 2024. The allotment for the Enviro Infra Engineers IPO is expected to be finalized on Wednesday, November 27, 2024. Enviro Infra Engineers IPO will list on BSE, NSE with tentative listing date fixed as Friday, November 29, 2024.
Enviro Infra Engineers IPO price band is set at ₹140 to ₹148 per share. The minimum lot size for an application is 101 Shares. The minimum amount of investment required by retail investors is ₹14,948. The minimum lot size investment for sNII is 14 lots (1,414 shares), amounting to ₹209,272, and for bNII, it is 67 lots (6,767 shares), amounting to ₹1,001,516.
The issue includes a reservation of up to 100,000 shares for employees offered at a discount of Rs 13 to the issue price.
Hem Securities Limited is the book running lead manager of the Enviro Infra Engineers IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Enviro Infra Engineers IPO RHP for detailed information.
| IPO Date | November 22, 2024 to November 26, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹140 to ₹148 per share |
| Lot Size | 101 Shares |
| Total Issue Size | 43,948,000 shares (aggregating up to ₹650.43 Cr) |
| Fresh Issue | 38,680,000 shares (aggregating up to ₹572.46 Cr) |
| Offer for Sale | 5,268,000 shares of ₹10 (aggregating up to ₹77.97 Cr) |
| Employee Discount | Rs 13 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 136,850,000 |
| Share holding post issue | 175,530,000 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Enviro Infra Engineers IPO opens on November 22, 2024, and closes on November 26, 2024.
| IPO Open Date | Friday, November 22, 2024 |
| IPO Close Date | Tuesday, November 26, 2024 |
| Basis of Allotment | Wednesday, November 27, 2024 |
| Initiation of Refunds | Wednesday, November 27, 2024 |
| Credit of Shares to Demat | Thursday, November 28, 2024 |
| Listing Date | Friday, November 29, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 26, 2024 |
Investors can bid for a minimum of 101 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 101 | ₹14,948 |
| Retail (Max) | 13 | 1313 | ₹194,324 |
| S-HNI (Min) | 14 | 1,414 | ₹209,272 |
| S-HNI (Max) | 66 | 6,666 | ₹986,568 |
| B-HNI (Min) | 67 | 6,767 | ₹1,001,516 |
| Lot Size Calculator | |||
Sanjay Jain, Manish Jain, Ritu Jain, and Shachi Jain are the company's promoters.
| Share Holding Pre Issue | 93.66% |
| Share Holding Post Issue |
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:
The 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.
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 | ||||||||||||||||||||||||||||||||||||||||
The market capitalization of Enviro Infra Engineers IPO is Rs 2597.84 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 51.68% |
| ROCE | 32.34% |
| Debt/Equity | 0.8 |
| RoNW | 37.83% |
| P/BV | 6.89 |
| PAT Margin (%) | 15.17 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 8.08 | 7.01 |
| P/E (x) | 18.32 | 21.1 |
The Company proposes to utilize the Proceeds from the Fresh Issue towards funding the following objectives:
[Dilip Davda] The company is in the business of designing, construction, operation and maintenance of water and waste water treatment plants and supply scheme with all related services. It marked boosted growth from FY24 in its top and bottom lines. It has an order book worth Rs. 1906+ cr. as of June 30, 2024. Based on FY25 annualized super earnings, the issue appears fully priced. Considering the future prospects, well-informed investors may park funds for medium to long term. Read detail review...
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/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Enviro Infra Engineers IPO is a main-board IPO of 43,948,000 equity shares of the face value of ₹10 aggregating up to ₹650.43 Crores. The issue is priced at ₹140 to ₹148 per share. The minimum order quantity is 101 Shares.
The IPO opens on November 22, 2024, and closes on November 26, 2024.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Enviro Infra Engineers IPO using UPI as a payment gateway. Zerodha customers can apply in Enviro Infra Engineers IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Enviro Infra Engineers IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Enviro Infra Engineers IPO opens on November 22, 2024 and closes on November 26, 2024.
Enviro Infra Engineers IPO lot size is 101 Shares, and the minimum amount required is ₹14,948.
You can apply in Enviro Infra Engineers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Enviro Infra Engineers IPO will be done on Wednesday, November 27, 2024, and the allotted shares will be credited to your demat account by Thursday, November 28, 2024. Check the Enviro Infra Engineers IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
