Enviro Infra Engineers IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Nov 22 to Nov 26 2024
Price Band
₹140 - 148
Current GMP
₹220 (48.65%)
Subscription
89.90 times
IPO Details
| IPO Date | November 22, 2024 to November 26, 2024 |
| Listing Date | Friday, November 29, 2024 |
| 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 |
IPO Date
November 22, 2024 to November 26, 2024
Listing Date
Friday, November 29, 2024
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
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 157.05 |
| Non-Institutional Buyers | 153.80 |
| bNII (bids above ₹10L) | 177.97 |
| sNII (bids below ₹10L) | 105.47 |
| Retail Investors | 24.48 |
| Employees | 37.77 |
| Total ** | 89.90 |
Anchor Investors
1
Qualified Institutions
157.05
Non-Institutional Buyers
153.80
bNII (bids above ₹10L)
177.97
sNII (bids below ₹10L)
105.47
Retail Investors
24.48
Employees
37.77
Total **
89.90
Day Wise Sub
| Day | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
| Day 1 Nov 22, 2024 | 2.04 | 2.99 | 1.73 | 3.22 | 2.09 |
| Day 2 Nov 25, 2024 | 2.58 | 34.66 | 8.82 | 13.83 | 12.58 |
| Day 3 Nov 26, 2024 | 157.05 | 153.80 | 24.48 | 37.77 | 89.90 |
DayDay 1
Nov 22, 2024
QIB2.04
NII2.99
Retail1.73
EMP3.22
Total2.09
DayDay 2
Nov 25, 2024
QIB2.58
NII34.66
Retail8.82
EMP13.83
Total12.58
DayDay 3
Nov 26, 2024
QIB157.05
NII153.80
Retail24.48
EMP37.77
Total89.90
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 29-11-2024 | 148.00 | 57(38.51%) | 205 |
| 28-11-2024 | 148.00 | 57(38.51%) | 205 |
| 27-11-2024 | 148.00 | 56(37.84%) | 204 |
| 26-11-2024 | 148.00 | 47(31.76%) | 195 |
| 25-11-2024 | 148.00 | 48(32.43%) | 196 |
| 24-11-2024 | 148.00 | 52(35.14%) | 200 |
| 23-11-2024 | 148.00 | 52(35.14%) | 200 |
| 22-11-2024 | 148.00 | 41(27.7%) | 189 |
| 21-11-2024 | 148.00 | 38(25.68%) | 186 |
| 20-11-2024 | 148.00 | 32(21.62%) | 180 |
| 19-11-2024 | 148.00 | 22(14.86%) | 170 |
| 18-11-2024 | 148.00 | 17(11.49%) | 165 |
| 17-11-2024 | 0(0%) | (0%) |
Date29-11-2024
Price148.00
GMP57(38.51%)
Estimate List Price205
Date28-11-2024
Price148.00
GMP57(38.51%)
Estimate List Price205
Date27-11-2024
Price148.00
GMP56(37.84%)
Estimate List Price204
Date26-11-2024
Price148.00
GMP47(31.76%)
Estimate List Price195
Date25-11-2024
Price148.00
GMP48(32.43%)
Estimate List Price196
Date24-11-2024
Price148.00
GMP52(35.14%)
Estimate List Price200
Date23-11-2024
Price148.00
GMP52(35.14%)
Estimate List Price200
Date22-11-2024
Price148.00
GMP41(27.7%)
Estimate List Price189
Date21-11-2024
Price148.00
GMP38(25.68%)
Estimate List Price186
Date20-11-2024
Price148.00
GMP32(21.62%)
Estimate List Price180
Date19-11-2024
Price148.00
GMP22(14.86%)
Estimate List Price170
Date18-11-2024
Price148.00
GMP17(11.49%)
Estimate List Price165
Date17-11-2024
Price
GMP0(0%)
Estimate List Price(0%)
IPO Important Dates
| 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 |
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
IPO Lot Size
| 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 |
ApplicationRetail (Min)
Lots1
Shares101
Amount₹14,948
ApplicationRetail (Max)
Lots13
Shares1313
Amount₹194,324
ApplicationS-HNI (Min)
Lots14
Shares1,414
Amount₹209,272
ApplicationS-HNI (Max)
Lots66
Shares6,666
Amount₹986,568
ApplicationB-HNI (Min)
Lots67
Shares6,767
Amount₹1,001,516
Financial Information
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 812.87 | 761.19 | 347.58 |
| Revenue | 207.46 | 738 | 341.66 |
| Profit After Tax | 30.78 | 110.54 | 54.98 |
| Net Worth | 323 | 292.18 | 126.51 |
| Reserves and Surplus | 186.29 | 155.51 | 101.11 |
| Total Borrowing | 305.59 | 233.59 | 64.54 |
Period EndedPeriod Ended
30 Jun 202430 Jun 2024
31 Mar 202431 Mar 2024
31 Mar 202331 Mar 2023
Period EndedAssets
30 Jun 2024812.87
31 Mar 2024761.19
31 Mar 2023347.58
Period EndedRevenue
30 Jun 2024207.46
31 Mar 2024738
31 Mar 2023341.66
Period EndedProfit After Tax
30 Jun 202430.78
31 Mar 2024110.54
31 Mar 202354.98
Period EndedNet Worth
30 Jun 2024323
31 Mar 2024292.18
31 Mar 2023126.51
Period EndedReserves and Surplus
30 Jun 2024186.29
31 Mar 2024155.51
31 Mar 2023101.11
Period EndedTotal Borrowing
30 Jun 2024305.59
31 Mar 2024233.59
31 Mar 202364.54
Key Performance Indicator
| ROE | 51.68% |
| ROCE | 32.34% |
| Debt/Equity | 0.8 |
| RoNW | 37.83% |
| P/BV | 6.89 |
| PAT Margin (%) | 15.17 |
| EPS (Rs) | 8.08 |
ROE
51.68%
ROCE
32.34%
Debt/Equity
0.8
RoNW
37.83%
P/BV
6.89
PAT Margin (%)
15.17
EPS (Rs)
8.08
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 13,154,400 (29.93%) | NA |
| QIB Shares Offered | 8,769,600 (19.95%) | NA |
| NII (HNI) Shares Offered | 6,577,200 (14.97%) | |
| bNII > ₹10L | 4,384,800 (9.98%) | 3,100 |
| sNII < ₹10L | 2,192,400 (4.99%) | 1,550 |
| Retail Shares Offered | 15,346,800 (34.92%) | 151,948 |
| Employee Shares Offered | 100,000 (0.23%) | NA |
| Total Shares Offered | 43,948,000 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered13,154,400 (29.93%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered8,769,600 (19.95%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered6,577,200 (14.97%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered4,384,800 (9.98%)
Maximum Allottees3,100
Investor CategorysNII < ₹10L
Shares Offered2,192,400 (4.99%)
Maximum Allottees1,550
Investor CategoryRetail Shares Offered
Shares Offered15,346,800 (34.92%)
Maximum Allottees151,948
Investor CategoryEmployee Shares Offered
Shares Offered100,000 (0.23%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered43,948,000 (100%)
Maximum Allottees
Information about company
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 performance
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.
Objectives of IPO
The Company proposes to utilize the Proceeds from the Fresh Issue towards funding the following objectives:
To meet the Working Capital Requirements;
Infusion of funds in our Subsidiary, EIEL Mathura Infra Engineers Private Limited (EIEL Mathura) to build 60 MLD STP under the project titled âMathura Sewerage Schemeâ at Mathura in Uttar Pradesh through Hybrid Annuity Based PPP Mode;
Repayment/prepayment in full or in part, of certain of our outstanding borrowings; and
Funding inorganic growth through unidentified acquisitions and general corporate purposes.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever
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