{"id":966,"date":"2024-11-21T23:00:16","date_gmt":"2024-11-21T17:30:16","guid":{"rendered":"https:\/\/richnook.com\/news\/?p=966"},"modified":"2024-11-21T23:00:17","modified_gmt":"2024-11-21T17:30:17","slug":"enviro-infra-engineers-ipo","status":"publish","type":"post","link":"https:\/\/richnook.com\/news\/ipo\/enviro-infra-engineers-ipo\/","title":{"rendered":"Enviro Infra Engineers IPO: Key Details & Investment Insights"},"content":{"rendered":"\n

Enviro Infra Engineers’ IPO opens for subscription on 22 November 2024 with a fixed band price range of Rs. 140 to Rs. 148. This IPO combines a fresh issue of 3.87 crore shares and an offer for sale of 52.68 lakh shares, which aggregate to Rs. 572.46 crore and Rs. 77.97 crore, respectively.\u00a0<\/p>\n\n\n\n

The IPO closes on 26 November 2024 and will be listed on the BSE & NSE on 29 November 2024. Investors can only bid for a minimum of 101 shares, which would amount to Rs. 14,948. The issue also has a reservation of up to 100,000 shares for the employees at a discount of Rs. 13 from the issued price. <\/p>\n\n\n\n

Current trends indicate that the GMP of the company is around Rs. 22, ahead of the launch of the IPO. This is around a 15% premium over the issued price. <\/p>\n\n\n\n

Enviro Infra Engineers IPO Details<\/h2>\n\n\n\n
Description <\/td>Details <\/td><\/tr>
IPO Opening Date<\/td>22 November 2024<\/td><\/tr>
IPO Closing Date<\/td>26 November 2024<\/td><\/tr>
Listing Date<\/td>29 November 2024<\/td><\/tr>
Lot Size<\/td>101 Shares<\/td><\/tr>
Price Band<\/td>Rs. 140 to Rs. 148 per share<\/td><\/tr>
Face value<\/td>Rs. 10 per share<\/td><\/tr>
Listing Platform<\/td>BSE, NSE<\/td><\/tr>
Fresh Issue<\/td>3.87 Crore Shares (Aggregating to Rs. 572.46 crores)<\/td><\/tr>
Offer for Sale<\/td>52.68 Lakh Shares (Aggregating to Rs. 77.97 Crores)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

About Enviro Infra Engineers Limited<\/h2>\n\n\n\n

Enviro Infra Engineers Limited was established in 2009. The company designs, constructs, operates, and maintains water and water-waste plants and water supply projects for the government.\u00a0<\/p>\n\n\n\n

It participates in state government and urban local body tenders for developing water-waste treatment plants and water supply projects. By 30 June 2024, the company had developed around 28 waste-water treatment plants and water supply projects all over the country. In addition, it has developed 22 projects of 10 MLD capacity and above.<\/p>\n\n\n\n

Strengths Of Enviro Infra Engineers Limited<\/h3>\n\n\n\n
    \n
  • It has an in-house team for design, engineering, and execution.<\/li>\n\n\n\n
  • They also have experienced promoters and a senior management team.<\/li>\n\n\n\n
  • The company uses advanced technologies to construct and install waste-water treatment plants and water supply projects.<\/li>\n<\/ul>\n\n\n\n

    Risks Of Enviro Infra Engineers Limited<\/h3>\n\n\n\n
      \n
    • This highly competitive sector requires constant technological innovation and cost optimization to maintain a competitive edge.<\/li>\n\n\n\n
    • Any regulatory or environmental challenges can impact the execution and profitability of projects. <\/li>\n\n\n\n
    • A huge portion of the revenue is made through government sectors, which can be harmed easily by changes in policies of the government.\u00a0<\/li>\n<\/ul>\n\n\n\n

      Enviro Infra Engineers Financials<\/h3>\n\n\n\n
      Financial Metric <\/td>FY22<\/td>FY23<\/td>FY24<\/td>30 June 2024<\/td><\/tr>
      Total Assets (Rs. Crore)<\/td>148.27<\/td>347.58<\/td>761.19<\/td>812.87<\/td><\/tr>
      Revenue (Rs. Crore)<\/td>225.62<\/td>341.66<\/td>738.00<\/td>207.46<\/td><\/tr>
      Profit After Tax (Rs. Crore)<\/td>34.55<\/td>54.98<\/td>110.54<\/td>30.78<\/td><\/tr>
      Net Worth (Rs. Crore)<\/td>71.62<\/td>126.51<\/td>292.18<\/td>323.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Enviro Infra Engineers IPO Reservation<\/h2>\n\n\n\n
      Investor Category<\/td>Allocation<\/td><\/tr>
      QIB Shares<\/td>Not more than 50.00%<\/td><\/tr>
      Retail Shares<\/td>Not less than 35.00% <\/td><\/tr>
      NII (HNI) Shares<\/td>Not less than 15.00%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

      Should You Invest In Enviro Infra Engineers IPO<\/h2>\n\n\n\n

      The IPO of Enviro Infra Engineers presents a great opportunity to invest in a sector that is growing at a faster rate. Over the years, the company has demonstrated strong financial and operational performance. All these, combined with the proven track record of the company show a significant growth potential. However, investors should take into account the risk associated with the company before investing. <\/p>\n","protected":false},"excerpt":{"rendered":"

      Enviro Infra Engineers’ IPO opens for subscription on 22 November 2024 with a fixed band price range of Rs. 140 to Rs. 148. This IPO…<\/p>\n","protected":false},"author":1,"featured_media":970,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[98,34,28,59,99,51],"class_list":["post-966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","tag-enviro-infra-engineers-ipo","tag-investment","tag-ipo","tag-ipo-news","tag-ipo-review","tag-ipo-update"],"_links":{"self":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/comments?post=966"}],"version-history":[{"count":2,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/966\/revisions"}],"predecessor-version":[{"id":971,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/posts\/966\/revisions\/971"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media\/970"}],"wp:attachment":[{"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/media?parent=966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/categories?post=966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/richnook.com\/news\/wp-json\/wp\/v2\/tags?post=966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}